BLUE SQUARE OFFICES LTD.

🌳Matureactive

SC203991 · ltd · incorporated 2000-02-16

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 25.5y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Other business support service activities n.e.c.

Sector: Administrative & support services

Investor take

Pursue

Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 25.5y

50/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 25.5 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (60/100)

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

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

12 officers (5 active, 12 linked, 5 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

20 connected companies via shared directors

Filing history

120 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (43 events)Click to expand

2025-11-06
➖
MARSAY-SMITH, Benjamin resigned
director
2025-11-06
📄
memorandum-articles
incorporation · MA
2025-11-06
📄
resolution
resolution · RESOLUTIONS
2025-11-06
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-04-07
📄
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-04-07
📄
legacy
accounts · PARENT_ACC
2025-04-07
📄
legacy
other · GUARANTEE2
2025-04-07
📄
legacy
other · AGREEMENT2
2024-09-24
📄
change-person-director-company-with-change-date
officers · CH01
2024-08-29
➕
SLAIDING, Edward James appointed
director
2024-08-29
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-07-01
📄
change-person-director-company-with-change-date
officers · CH01
2024-04-18
📄
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-04-18
📄
legacy
other · GUARANTEE2
2024-04-18
📄
legacy
other · AGREEMENT2
2024-04-06
📄
legacy
accounts · PARENT_ACC
2024-04-06
📄
legacy
other · AGREEMENT2
2024-02-05
📄
change-person-director-company-with-change-date
officers · CH01
2023-09-25
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-09-12
➕
MARSAY-SMITH, Benjamin appointed
director
2023-08-11
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-08-11
📄
change-person-director-company-with-change-date
officers · CH01
2023-08-10
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-08-09
➕
CAMPION, Nicholas John appointed
director
2023-08-09
➕
CARPENTER, John Charles appointed
director
2023-03-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-04-26
➕
CAMPION, Nicholas John appointed
secretary
2011-11-22
🔒
Charge registered #2
Lender: Clydesdale Bank PLC
2011-01-19
➖
WHITELAW, Stephanie resigned
secretary
2007-02-18
➖
RAE, Lindsay Ann resigned
secretary
2007-02-18
➕
WHITELAW, Stephanie appointed
secretary
2005-11-18
➖
CHERRY, Scott Thomas George resigned
secretary
2005-11-18
➕
RAE, Lindsay Ann appointed
secretary
2000-11-22
🔒
Charge registered #1
Lender: Clydesdale Bank Public Limited Company
2000-02-16
🏢
Company incorporated
As BLUE SQUARE OFFICES LTD.
2000-02-16
➕
DONNELLY, Graeme Charles appointed
director
2000-02-16
➕
CHERRY, Scott Thomas George appointed
secretary
2000-02-16
➕
PETER TRAINER COMPANY SECRETARIES LTD. appointed
corporate-nominee-secretary
2000-02-16
➖
PETER TRAINER COMPANY SECRETARIES LTD. resigned
corporate-nominee-secretary
2000-02-16
➕
PETER TRAINER COMPANY SECRETARIES LTD. appointed
corporate-nominee-director
2000-02-16
➖
PETER TRAINER COMPANY SECRETARIES LTD. resigned
corporate-nominee-director
2000-02-16
➕
PETER TRAINER COMPANY SERVICES LTD. appointed
corporate-nominee-director
2000-02-16
➖
PETER TRAINER COMPANY SERVICES LTD. resigned
corporate-nominee-director

Owner dependency

65/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-4 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 65 — succession pressure is live.

Succession & seller-readiness

70/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
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

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Bsq Group Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Bsq Group Ltd

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

BLUE SQUARE OFFICES LTD.

This company · SC203991

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
Bsq Group Ltd Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	18/01/2021

1 historic (ceased) PSC

Mr Graeme Charles Donnellyceased 18/01/2021· 75-100% shares · 75-100% voting · board control

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 · Trade services · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
MID GAVIN NURSERY LIMITED→ SC219812 · est 2001	£447.6k £335.7k–£559.5k	£692.7k	—	2100	24y	84	78y
NISTAPLOX LIMITED→ SC180067 · est 1997	£38.8k £29.1k–£48.6k	£26.9k	—	0	28y	86	79y
ACTIVE ENERGY SOLUTIONS LTD.→ SC230311 · est 2002	—	—	£1.56M	—	24y	83	60y
ADVARIAN PROPERTIES LTD→ SC248314 · est 2003	—	—	£582.9k	—	23y	83	70y
AG (MANAGEMENT SERVICES) LTD→ SC339541 · est 2008	—	—	£3.09M	—	18y	83	59y
AMG WARRANTIES LIMITED→ SC265646 · est 2004	—	—	—	0	22y	83	74y
BELGICA UK LIMITED→ SC235052 · est 2002	—	—	£1.81M	—	23y	83	62y
BILL'S TOOL STORE LIMITED→ SC365221 · est 2009	—	—	—	1300	16y	83	58y
CAMSCAFF LTD.→ SC253590 · est 2003	—	—	£556.7k	—	22y	83	61y
CENTRIFUGE MAINTENANCE SERVICES LIMITED→ SC173406 · est 1997	—	—	—	—	29y	83	63y
CHAPPELL WHISKY BROKERS LIMITED→ SC180651 · est 1997	—	—	£2.12M	—	28y	83	74y
CITY FACILITIES MANAGEMENT (DISTRIBUTION) LIMITED→ SC372968 · est 2010 · no financials extracted	—	—	—	—	16y	83	70y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

7 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.

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Company details

Statusactive

Typeltd

Incorporated2000-02-16

Jurisdictionscotland

Primary SIC82990 — Other business support service activities n.e.c.

Registered office

272 Bath Street

Glasgow

G2 4JR

Scotland

Filing status

Accounts

Next due: 2026-06-29

Last made up to: 2024-06-30

Confirmation statement

Next due: 2026-11-24

Last: 2025-11-10