BLUAPPLE LIMITED

💤Zombieactive

SC233921 · ltd · incorporated 2002-07-09

Investment thesis

Zombie company — trading but stalled; unlikely mover.

Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.

Why risky: No growth signal; thin margin for error on price.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jun 2025

Net worth

£517.2k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Freight transport by road

Sector: Transportation & storage

Investor take

Pursue

Asset-holding vehicle with a 65-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (76/100)

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

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

3 officers (2 active, 3 linked, 1 with DOB)

Ownership & PSC

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

Director network

Network not yet resolved

Filing history

58 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

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

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £517,196

Cash YoY

-22%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£203k

↓ 22% YoY

Net Worth

£517k

↑ 7.7% YoY

Current Assets

£718k

~ YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-06-30	2024-06-30
Total assets	£574.6k	£529.7k
Current assets	£718.4k	£722.4k
Cash	£202.8k	£259.1k
Debtors	£515.6k	£463.3k
Net assets	£517.2k	£480.1k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (20 events)Click to expand

2025-08-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-09-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-05-02
📄
change-person-director-company-with-change-date
officers · CH01
2018-05-02
📄
change-person-secretary-company-with-change-date
officers · CH03
2017-09-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-11-11
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-11-26
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-09-25
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-09-19
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2002-07-09
🏢
Company incorporated
As BLUAPPLE LIMITED
2002-07-09
➕
HANNAH, Sarah Jane appointed
secretary
2002-07-09
➕
HANNAH, Peter appointed
director
2002-07-09
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
2002-07-09
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary

Owner dependency

100/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS

+Sole director: Only one active director — all governance concentrated on one person.
+Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

95/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 24 years old and no new directors in the last 3 years — succession not yet being planned internally.
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.)

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Peter Hannah Individual · British · DOB 05/1961 · age 65	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016
Mrs Sarah Jane Hannah Individual · British · DOB 01/1965 · age 61	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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MARTIN JOLLY TRUCK HIRE LIMITED→ SC117282 · est 1989	—	—	—	2700	37y	82	75y
ANNANDALE COMMUNITY TRANSPORT SERVICES→ SC200686 · est 1999 · no financials extracted	—	—	—	—	26y	81	92y
AML HAULAGE LIMITED→ SC520747 · est 2015	—	—	—	1000	10y	80	67y
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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

Incorporated2002-07-09

Jurisdictionscotland

Primary SIC49410 — Freight transport by road

Registered office

Hayfield House

Gatelawbridge

Thornhill

DG3 5DZ

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-06-30

Confirmation statement

Next due: 2026-05-16

Last: 2025-05-02

Officers (2 active · 1 resigned)

HANNAH, Sarah Jane→

secretary · appointed 2002-07-09

View their other companies + combined net worth →

Active

HANNAH, Peter→

director · ~65y · appointed 2002-07-09

View their other companies + combined net worth →

Active

OSWALDS OF EDINBURGH LIMITED→

corporate-nominee-secretary · appointed 2002-07-09 · resigned 2002-07-09

Resigned

Click a director name to see their full track record across all companies.