BLYDOIT FISH LIMITED

🌳Matureactive
SC243849 · ltd · incorporated 2003-02-12
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 23.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2025
Net worth
£248.7k
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: SIC 47230
Sector: Wholesale & retail
Investor take
Pursue
Asset-holding vehicle with a 65-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 85/100. Strong seller-intent signal (73/100, director aged 65). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 23.0y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 23.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (64/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (5 active, 6 linked, 4 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
4 connected companies via shared directors
57
Filing history
66 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £248,747

Key financials

1 year extracted from filed iXBRL accounts
Cash
£228k
Net Worth
£249k
Current Assets
£253k
Current Liabilities
—

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-09-30
Total assets£248.7k
Current assets£252.6k
Cash£227.6k
Debtors£25.0k
Net assets£248.7k

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

🔒Filing-note intelligence

1 signal 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
0
filings
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
4
filings
  • • 2 accounts
  • • 1 confirmation-statement
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2025-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-12-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-12-04
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  4. 2025-10-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2025-10-09
    🔓
    Charge satisfied #2
  6. 2025-07-17
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2025-07-17
    🔓
    Charge satisfied #1
  8. 2024-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-10-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-05-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-12-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-11-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2018-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2017-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2016-11-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2016-02-12
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2004-02-29
    ➕
    JOHNSON, Ellis Gordon appointed
    director
  19. 2004-02-29
    ➕
    SHEARER, Robert Arthur appointed
    director
  20. 2003-08-29
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  21. 2003-05-20
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  22. 2003-02-12
    🏢
    Company incorporated
    As BLYDOIT FISH LIMITED
  23. 2003-02-12
    ➕
    SHEARER, James John appointed
    secretary
  24. 2003-02-12
    ➕
    ROBERTSON, David Lyall appointed
    director
  25. 2003-02-12
    ➕
    SHEARER, James John appointed
    director
  26. 2003-02-12
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  27. 2003-02-12
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary

Owner dependency

73/100
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 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

80/100
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.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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.)
🔒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 →

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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2003-02-12
Jurisdictionscotland
Primary SIC47230 — SIC 47230

Registered office

Unit 1, Blydoit Industrial
Estate, Scalloway
Shetland
ZE1 0UG

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2027-02-26
Last: 2026-02-12

Officers (5 active · 1 resigned)

SHEARER, James John→
secretary · appointed 2003-02-12
View their other companies + combined net worth →
Active
JOHNSON, Ellis Gordon→
director · ~61y · appointed 2004-02-29
View their other companies + combined net worth →
Active
ROBERTSON, David Lyall→
director · ~63y · appointed 2003-02-12
View their other companies + combined net worth →
Active
SHEARER, James John→
director · ~65y · appointed 2003-02-12
View their other companies + combined net worth →
Active
SHEARER, Robert Arthur→
director · ~59y · appointed 2004-02-29
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2003-02-12 · resigned 2003-02-12
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property29/08/200309/10/2025
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property20/05/200317/07/2025

Recent filings (66 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-22
change-person-director-company-with-change-date
officers · CH01
2025-12-04
change-account-reference-date-company-previous-extended
accounts · AA01
2025-12-04
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-09
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-12