VOLARO LIMITED
💤Zombieactive
SC248578 · ltd · incorporated 2003-04-30
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 Apr 2025
Net worth
£345.4k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Other information technology service activities
Sector: Information & communication
Investor take
PursueActive trading company with a 65-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, 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 (73/100).
🏦
Refinance opportunity
1 live charge · oldest 21.9y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 21.9 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (70/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (1 active, 5 linked, 1 with DOB)
74
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
101 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
80
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 declaredPositive net assets
Net assets £345,411
Key financials
1 year extracted from filed iXBRL accountsCash
£687k
Net Worth
£345k
Current Assets
£687k
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 |
|---|---|
| Total assets | £345.4k |
| Current assets | £687.2k |
| Cash | £687.2k |
| Net assets | £345.4k |
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
1
filing
- • 1 confirmation-statement
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 (30 events)Click to expand
- 2026-01-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-11-24📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2024-11-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-06📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-04-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-17📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2024-02-08📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-02-06📄gazette-notice-compulsorygazette · GAZ1
- 2023-11-28📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-11-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-10📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2023-09-19📄gazette-notice-compulsorygazette · GAZ1
- 2023-05-01➖BKF SECRETARIES LIMITED resignedcorporate-secretary
- 2023-04-25📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2023-01-25📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-04-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-01-26📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2021-07-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-27📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2020-07-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2005-12-23➕BKF SECRETARIES LIMITED appointedcorporate-secretary
- 2005-12-23➖SF SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2004-06-08🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 2003-05-01➕BLACKWOOD, David appointeddirector
- 2003-05-01➖BLP CREATIONS LIMITED resignedcorporate-nominee-director
- 2003-05-01➖BLP FORMATIONS LIMITED resignedcorporate-nominee-director
- 2003-04-30🏢Company incorporatedAs VOLARO LIMITED
- 2003-04-30➕SF SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2003-04-30➕BLP CREATIONS LIMITED appointedcorporate-nominee-director
- 2003-04-30➕BLP FORMATIONS LIMITED appointedcorporate-nominee-director
Owner dependency
100/100
Critical — business is the founderThe 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 23 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 candidateStrong 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 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Blackwood Individual · British · DOB 09/1961 · age 65 | 50–75% | — | board control50-75% shares · board control | 06/04/2016 |
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 · Technology · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| VIRAL VIEWS LTD→ SC685000 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| VIRIDA LIMITED→ SC878179 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| WALLACE VENTURES (SCOTLAND) LTD→ SC751756 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| WAYON LTD→ SC847691 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| WILD & KIND CIC→ SC571888 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| WRIGHT HERE WRIGHT NOW LTD→ SC703170 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| WRIGHT WORDS LTD→ SC658889 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| XONOLITH LIMITED→ SC855539 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| XPERTS WEBDESIGN LTD→ SC690409 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| YOUNG TEAM PRODUCTIONS LTD→ SC884184 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| YOUR HISTORY GUY LTD→ SC845022 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| YOUR HONOUR FILM LTD→ SC848488 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2003-04-30
Jurisdictionscotland
Primary SIC62090 — Other information technology service activities
Registered office
C/O Bannatyne Kirkwood France
& Co Royal Exchange Square
Glasgow
Strathclyde
G1 3AG
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-05-14
Last: 2026-04-30
Officers (1 active · 4 resigned)
BLACKWOOD, David→
Activedirector · ~65y · appointed 2003-05-01
View their other companies + combined net worth →
BKF SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2005-12-23 · resigned 2023-05-01
SF SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2003-04-30 · resigned 2005-12-23
BLP CREATIONS LIMITED→
Resignedcorporate-nominee-director · appointed 2003-04-30 · resigned 2003-05-01
BLP FORMATIONS LIMITED→
Resignedcorporate-nominee-director · appointed 2003-04-30 · resigned 2003-05-01
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 08/06/2004 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (101 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-26
change-account-reference-date-company-previous-extended
accounts · AA01
2025-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-13
gazette-filings-brought-up-to-date
gazette · DISS40
2024-04-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-04
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-02-17
termination-secretary-company-with-name-termination-date
officers · TM02
2024-02-08
gazette-notice-compulsory
gazette · GAZ1
2024-02-06
gazette-filings-brought-up-to-date
gazette · DISS40
2023-11-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-27
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2023-10-10
gazette-notice-compulsory
gazette · GAZ1
2023-09-19