MIDLAND BLUEBIRD LIMITED
📈Growthactive
SC016923 · ltd · incorporated 1932-08-03
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
£25.59M
year to Dec 2024
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: SIC 49319
Sector: Transportation & storage
Investor take
PursueConservative operator with a 63-year-old founder — textbook succession opportunity.
Opportunity 74/100 (strong), bankability 77/100. Strong seller-intent signal (60/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (77/100).
🏦
Refinance opportunity
5 live charges · 4 lenders · oldest 35.8y
45/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 35.8 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 38/100 — workable, but lender will want more DD.
- · Profitable and stable/growing — lender coverage supportable.
Data confidence
Overall: high (84/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
65 officers (5 active, 65 linked, 51 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
16 connected companies via shared directors
90
Filing history
245 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £1,824,997
Strong revenue growth
Turnover up 18% YoY
Turned profitable
Returned to profit this year
Turnover YoY
+18%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-29 | 2023-12-31 |
|---|---|---|
| Turnover | £25.59M | £21.71M |
| Gross profit | £4.75M | £2.91M |
| Operating profit | £1.82M | £-335.8k |
| Profit before tax | £1.82M | £-335.8k |
| Average employees | 28800 | 30300 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
4 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
Last 30 days
2
filings
- • 1 confirmation-statement
- • 1 officers
Last 90 days
2
filings
- • 1 confirmation-statement
- • 1 officers
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (151 events)Click to expand
- 2026-03-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-03-23➖WILLIAMSON, James Anthony resigneddirector
- 2025-10-06📄accounts-with-accounts-type-fullaccounts · AA
- 2025-09-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-09-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-09-02📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2025-09-02📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-09-01➕DRUMMOND, Robert Lindsay appointedsecretary
- 2025-09-01➕DRUMMOND, Robert Lindsay appointeddirector
- 2025-09-01➖BALLANTYNE, Grant resignedsecretary
- 2025-09-01➕WILLIAMSON, James Anthony appointeddirector
- 2024-12-20📄accounts-with-accounts-type-fullaccounts · AA
- 2024-08-02📄accounts-with-accounts-type-fullaccounts · AA
- 2024-04-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2023-09-06➖CAMPBELL, Alan Keyes resigneddirector
- 2023-09-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-07-05📄accounts-with-accounts-type-fullaccounts · AA
- 2023-05-08📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2023-04-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-04-14➖PHILLIPS, David Craig resigneddirector
- 2022-10-07📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2022-09-27📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-09-23➕CAMPBELL, Alan Keyes appointeddirector
- 2022-09-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-09-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-09-23📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-09-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-09-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-09-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-09-21➕BALLANTYNE, Grant Norman appointeddirector
- 2022-09-21➕NAPIER, Colin Rae appointeddirector
- 2022-09-21➕ROBERTS, Ralph appointeddirector
- 2022-09-21➕BALLANTYNE, Grant appointedsecretary
- 2022-09-21➖BLIZZARD, David John Mark resignedsecretary
- 2022-09-21➖BROWN, Colin resigneddirector
- 2022-09-21➖CAMERON, Duncan Young resigneddirector
- 2022-09-21➖JARVIS, Andrew Simon resigneddirector
- 2022-09-21➖MACFARLAN, Graeme Kenneth resigneddirector
- 2022-09-21➕PHILLIPS, David Craig appointeddirector
- 2022-09-21➖WEST, Gary resigneddirector
- 2022-08-09➕BLIZZARD, David John Mark appointedsecretary
- 2022-08-09➖WADE, Jarlath Delphene resignedsecretary
- 2022-07-03➖MURRAY, David resigneddirector
- 2022-01-31➕CAMERON, Duncan Young appointeddirector
- 2022-01-31➖PHILLIPS, David Craig resigneddirector
- 2021-06-01➕WADE, Jarlath Delphene appointedsecretary
- 2021-05-21➖ALEXANDER, David Brian resigneddirector
- 2021-02-01➕BROWN, Colin appointeddirector
- 2020-07-31➖GLIBOTA-VIGO, Silvana Nerina resignedsecretary
- 2019-11-15➕GLIBOTA-VIGO, Silvana Nerina appointedsecretary
Showing most recent 50 of 151 events
Owner dependency
48/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
50/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
Red flags
2 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: BALLANTYNE, Grant resigned 2025-09-01; WILLIAMSON, James Anthony resigned 2026-03-23
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Mcgill's Scotland East Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Mcgill's Scotland East Limited
Corporate parent · holds 75-100% shares · board control
⬇
MIDLAND BLUEBIRD LIMITED
This company · SC016923
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mcgill's Scotland East Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| CAMERON ENTERPRISES & INVESTMENTS LIMITED→ SC726726 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
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| DTS EXPRESS LTD→ SC502550 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| EDIN ACCOUNTANCY LTD→ SC641341 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| FORBES PROPERTY & LOGISTICS LTD→ SC808595 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| GN LOGISTICS GROUP LTD→ SC750767 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| GOLDEN LION PILOTAGE AND MARINE SERVICES COMPANY LIMITED→ SC110062 · est 1988 · no financials extracted | — | — | — | — | 38y | — | — |
| GRANGEMOUTH TANK SERVICES LTD→ SC240026 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| ID TRANSPORT SOLUTIONS LTD→ SC868660 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| IR TRAVEL LIMITED→ SC872871 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| J & D CRAMB LTD→ SC871686 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →🔒Advanced scoring suite
Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Statusactive
Typeltd
Incorporated1932-08-03
Jurisdictionscotland
Primary SIC49319 — SIC 49319
Registered office
Carmuirs House
300 Stirling Road
Larbert
Stirlingshire
FK5 3NJ
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-29
Confirmation statement
Next due: 2027-04-07
Last: 2026-03-24
Officers (5 active · 60 resigned)
DRUMMOND, Robert Lindsay→
Activesecretary · appointed 2025-09-01
View their other companies + combined net worth →
BALLANTYNE, Grant Norman→
Activedirector · ~61y · appointed 2022-09-21
View their other companies + combined net worth →
DRUMMOND, Robert Lindsay→
Activedirector · ~57y · appointed 2025-09-01
View their other companies + combined net worth →
NAPIER, Colin Rae→
Activedirector · ~53y · appointed 2022-09-21
View their other companies + combined net worth →
ROBERTS, Ralph→
Activedirector · ~63y · appointed 2022-09-21
View their other companies + combined net worth →
BALLANTYNE, Grant→
Resignedsecretary · appointed 2022-09-21 · resigned 2025-09-01
BARRIE, Sidney→
Resignedsecretary · appointed 2009-12-16 · resigned 2011-07-15
BLIZZARD, David John Mark→
Resignedsecretary · appointed 2022-08-09 · resigned 2022-09-21
GLIBOTA-VIGO, Silvana Nerina→
Resignedsecretary · appointed 2019-11-15 · resigned 2020-07-31
HAMPSON, Michael→
Resignedsecretary · appointed 2016-07-22 · resigned 2019-11-14
LEWIS, Paul Michael→
Resignedsecretary · appointed 2011-07-15 · resigned 2014-05-19
MATHIESON, Thomas→
Resignedsecretary · appointed 1990-11-07 · resigned 1998-07-31
PETTIE, Jasper William→
Resignedsecretary · appointed 1989-05-01 · resigned 1990-03-27
PETTIE, Jasper William→
Resignedsecretary · resigned 1990-11-07
SHARKEY, John→
Resignedsecretary · appointed 1998-09-07 · resigned 2002-01-16
STEWART, David Black→
Resignedsecretary · appointed 2002-01-16 · resigned 2010-02-12
WADE, Jarlath Delphene→
Resignedsecretary · appointed 2021-06-01 · resigned 2022-08-09
WELCH, Robert John→
Resignedsecretary · appointed 2014-05-19 · resigned 2016-07-22
ALEXANDER, David Brian→
Resigneddirector · ~61y · appointed 2014-04-21 · resigned 2021-05-21
BARKER, Neil James→
Resigneddirector · ~62y · appointed 2011-12-01 · resigned 2014-04-21
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
0
Outstanding
0
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Governor and Company Bank of Scotland as Agent and Trustee for Itself and Others | Bond & floating charge | 1 property | 25/06/1994 | 19/08/1996 | |
| satisfied | The First National Bank of Boston as Managing Agent and Security Agent | Standard security | 1 property | 12/10/1990 | 12/08/1994 | |
| satisfied | The First National Bank of Boston for Itself and the Governor and Company of the Bank of Scotla | Bond & floating charge | 1 property | 20/09/1990 | 23/08/1994 | |
| satisfied | S T G Properties S T G Properties LTD | Standard security | 1 property | 20/07/1990 | 27/03/2013 | |
| satisfied | S T G Properties S T G Properties LTD | Standard security | 1 property | 29/06/1990 | 27/03/2013 |
Recent filings (245 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-01
termination-director-company-with-name-termination-date
officers · TM01
2026-03-31
accounts-with-accounts-type-full
accounts · AA
2025-10-06
appoint-person-director-company-with-name-date
officers · AP01
2025-09-02
appoint-person-director-company-with-name-date
officers · AP01
2025-09-02
appoint-person-secretary-company-with-name-date
officers · AP03
2025-09-02
termination-secretary-company-with-name-termination-date
officers · TM02
2025-09-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-25
accounts-with-accounts-type-full
accounts · AA
2024-12-20
accounts-with-accounts-type-full
accounts · AA
2024-08-02
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-04-22
termination-director-company-with-name-termination-date
officers · TM01
2023-09-06
accounts-with-accounts-type-full
accounts · AA
2023-07-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-08