BLACKBRIDGE LIMITED

💤Zombieactive
SC245645 · ltd · incorporated 2003-03-14
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 Feb 2025
Net worth
£206.6k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower with a 63-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (80/100, director aged 63). 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).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 20.8y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 20.8 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (71/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
9 officers (2 active, 9 linked, 3 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
77 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
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
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 £206,587

Key financials

1 year extracted from filed iXBRL accounts
Cash
£18k
Net Worth
£207k
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-28
Total assets£439.6k
Cash£17.7k
Net assets£206.6k

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
3
filings
  • 2 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
  1. 2026-01-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-11-26
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  3. 2024-11-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-11-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-05-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-05-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2022-05-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2022-05-20
    🔓
    Charge satisfied #2
  9. 2022-05-20
    🔓
    Charge satisfied #1
  10. 2022-01-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-11-26
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  12. 2020-11-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-08-20
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2020-08-19
    🔒
    Charge registered #3
    Lender: The Mortgage Works (UK) PLC
  15. 2020-04-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2020-02-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2020-01-25
    FOSTER, Sarah resigned
    director
  18. 2019-10-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2018-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2017-11-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2008-03-01
    FOSTER, Sarah appointed
    secretary
  22. 2008-03-01
    FOSTER, David resigned
    secretary
  23. 2008-03-01
    FOSTER, Sarah appointed
    director
  24. 2005-11-25
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  25. 2005-07-07
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  26. 2004-07-23
    FOSTER, David appointed
    secretary
  27. 2004-07-23
    FOSTER, Malcolm Laurence resigned
    secretary
  28. 2004-07-23
    MCCLURE, Alastair Bruce resigned
    director
  29. 2004-02-23
    FOSTER, Malcolm Laurence appointed
    director
  30. 2004-02-23
    CARCARY, Gary resigned
    secretary
  31. 2004-02-23
    FOSTER, Malcolm Laurence appointed
    secretary
  32. 2003-04-10
    CARCARY, Gary appointed
    secretary
  33. 2003-03-25
    MCCLURE, Alastair Bruce appointed
    director
  34. 2003-03-19
    BRIGHTON SECRETARY LTD resigned
    corporate-nominee-secretary
  35. 2003-03-19
    BRIGHTON DIRECTOR LTD resigned
    corporate-nominee-director
  36. 2003-03-14
    🏢
    Company incorporated
    As BLACKBRIDGE LIMITED
  37. 2003-03-14
    BRIGHTON SECRETARY LTD appointed
    corporate-nominee-secretary
  38. 2003-03-14
    BRIGHTON DIRECTOR LTD appointed
    corporate-nominee-director

Owner dependency

93/100
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 22 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

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 63. 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 22 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

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Malcolm Laurence Foster
Individual · British · DOB 10/1963 · age 63
75100%
75-100% shares01/01/2017

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 →

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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
Incorporated2003-03-14
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

25 Sandyford Place
Glasgow
G3 7NG

Filing status

Accounts
Next due: 2026-11-26
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-28
Last: 2026-03-14

Officers (2 active · 7 resigned)

FOSTER, Sarah
secretary · appointed 2008-03-01
View their other companies + combined net worth →
Active
FOSTER, Malcolm Laurence
director · ~63y · appointed 2004-02-23
View their other companies + combined net worth →
Active
CARCARY, Gary
secretary · appointed 2003-04-10 · resigned 2004-02-23
Resigned
FOSTER, David
secretary · appointed 2004-07-23 · resigned 2008-03-01
Resigned
FOSTER, Malcolm Laurence
secretary · appointed 2004-02-23 · resigned 2004-07-23
Resigned
BRIGHTON SECRETARY LTD
corporate-nominee-secretary · appointed 2003-03-14 · resigned 2003-03-19
Resigned
FOSTER, Sarah
director · ~55y · appointed 2008-03-01 · resigned 2020-01-25
Resigned
MCCLURE, Alastair Bruce
director · ~58y · appointed 2003-03-25 · resigned 2004-07-23
Resigned
BRIGHTON DIRECTOR LTD
corporate-nominee-director · appointed 2003-03-14 · resigned 2003-03-19
Resigned

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

Mortgages & charges

3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge2 properties19/08/2020
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Legal mortgage2 properties25/11/200520/05/2022
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property07/07/200520/05/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (77 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-28
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-27
mortgage-satisfy-charge-full
mortgage · MR04
2022-05-20
mortgage-satisfy-charge-full
mortgage · MR04
2022-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-11
change-account-reference-date-company-previous-shortened
accounts · AA01
2021-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-06