BLUEWATER (STIRLING 3) LIMITED
🌳Matureactive
SC202443 · ltd · incorporated 1999-12-17
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
83/100
Exceptional
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueProperty-backed borrower. Family succession underway — not a classic acquisition target.
Opportunity 83/100 (exceptional), bankability 67/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 14.7y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 14.7 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (61/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
12 officers (6 active, 12 linked, 8 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
15 connected companies via shared directors
90
Filing history
90 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (43 events)Click to expand
- 2025-12-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-14➕QUINN, Fraser John appointeddirector
- 2025-03-14➕QUINN, Gavin Matthew appointeddirector
- 2025-03-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-03-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-11-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-01🔒Charge registered #4Lender: Handelsbanken PLC
- 2024-11-01🔒Charge registered #3Lender: Handelsbanken PLC
- 2024-07-17➕QUINN, Marc Lowson appointeddirector
- 2024-07-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-04-15✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2024-04-15📄resolutionresolution · RESOLUTIONS
- 2024-04-10📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2024-04-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-04-09📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-04-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-04-09🔓Charge satisfied #2
- 2024-04-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-02📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-11-02🔓Charge satisfied #1
- 2021-10-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-10-08🔒Charge registered #2Lender: Ramoyle Developments Limited
- 2021-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2012-03-31➕QUINN, Anne appointeddirector
- 2011-08-17🔒Charge registered #1Lender: Clydesdale Bank PLC
- 2009-12-10➕QUINN, Anne appointedsecretary
- 2009-12-10➖CHEETHAM, James Allan resignedsecretary
- 2009-12-10➖CHEETHAM, James Allan resigneddirector
- 2008-07-31➖QUINN, Charles Connaughton resigneddirector
- 2002-12-31➖MARSHALL, William Ross resigneddirector
- 2001-01-01➕QUINN, Charles Connaughton appointeddirector
- 1999-12-17🏢Company incorporatedAs BLUEWATER (STIRLING 3) LIMITED
- 1999-12-17➕QUINN, John Pollock appointeddirector
- 1999-12-17➕CHEETHAM, James Allan appointedsecretary
- 1999-12-17➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 1999-12-17➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 1999-12-17➕CHEETHAM, James Allan appointeddirector
- 1999-12-17➕MARSHALL, William Ross appointeddirector
- 1999-12-17➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 1999-12-17➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -5 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 74 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
40/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primaryFamily succession underway: Not a takeover target — QUINN, Fraser John (same surname) appointed 2025-03-14. Pattern consistent with intra-family handover.
- primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Bluewater Holdings Llp is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Bluewater Holdings Llp
Corporate parent · holds 75-100% shares · board control
⬇
BLUEWATER (STIRLING 3) LIMITED
This company · SC202443
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 |
|---|---|---|---|---|
Bluewater Holdings Llp Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 28/03/2024 |
1 historic (ceased) PSC
- Mr John Pollock Quinnceased 28/03/2024· 75-100% shares
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
Active · Property · FK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AUGUST PLACE LTD.→ SC686604 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| BELHAVEN INVESTMENTS LTD.→ SC610969 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| BIENVENIDO PROPERTIES LTD→ SC673081 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BLUEWATER (DUNFERMLINE 1) LIMITED→ SC551113 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BLUEWATER (GLENROTHES 2) LIMITED→ SC373839 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| BLUEWATER (GRANGEMOUTH 1) LIMITED→ SC616769 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| BLUEWATER (STIRLING 2) LIMITED→ SC730505 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BLUEWATER (STIRLING 4) LIMITED→ SC373831 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| BLYTHS (PROPERTIES) LIMITED→ SC028141 · est 1951 · no financials extracted | — | — | — | — | 75y | — | — |
| BMR PROGRESSIVE SERVICES LTD→ SC864518 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BO'NESS SELF STORAGE CO LTD→ SC861778 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BOGHEAD PROPERTIES LTD→ SC660021 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated1999-12-17
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
20 Barnton Street
Stirling
Stirlingshire
FK8 1NE
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-27
Last: 2025-12-13
Officers (6 active · 6 resigned)
Active
Active
QUINN, Fraser John→
Activedirector · ~39y · appointed 2025-03-14
View their other companies + combined net worth →
QUINN, Gavin Matthew→
Activedirector · ~42y · appointed 2025-03-14
View their other companies + combined net worth →
QUINN, John Pollock→
Activedirector · ~74y · appointed 1999-12-17
View their other companies + combined net worth →
QUINN, Marc Lowson→
Activedirector · ~44y · appointed 2024-07-17
View their other companies + combined net worth →
CHEETHAM, James Allan→
Resignedsecretary · appointed 1999-12-17 · resigned 2009-12-10
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 1999-12-17 · resigned 1999-12-17
CHEETHAM, James Allan→
Resigneddirector · ~72y · appointed 1999-12-17 · resigned 2009-12-10
MARSHALL, William Ross→
Resigneddirector · ~82y · appointed 1999-12-17 · resigned 2002-12-31
QUINN, Charles Connaughton→
Resigneddirector · ~74y · appointed 2001-01-01 · resigned 2008-07-31
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 1999-12-17 · resigned 1999-12-17
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
2
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | 2 properties | 01/11/2024 | — | |
| outstanding | Handelsbanken Handelsbanken PLC | A registered charge | — | 01/11/2024 | — | |
| satisfied | Ramoyle Developments Ramoyle Developments Limited | A registered charge | 1 property | 08/10/2021 | 09/04/2024 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Floating charge | 1 property | 17/08/2011 | 02/11/2021 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (90 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-16
appoint-person-director-company-with-name-date
officers · AP01
2025-03-14
appoint-person-director-company-with-name-date
officers · AP01
2025-03-14
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-18
appoint-person-director-company-with-name-date
officers · AP01
2024-07-17
certificate-change-of-name-company
change-of-name · CERTNM
2024-04-15
resolution
resolution · RESOLUTIONS
2024-04-15
change-account-reference-date-company-current-extended
accounts · AA01
2024-04-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-04-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-04-09
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-03