BALFOUR MUIR OFFSHORE LIMITED

💤Zombieactive
SC284860 · ltd · incorporated 2005-05-16
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 Mar 2017
Net worth
£421.9k
book net assets
Opportunity
62/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Special-situation opportunity
Distressed trade-services with salvageable qualities — special-situations priority.

Opportunity 62/100 (worth a look), bankability 45/100. Strong seller-intent signal (65/100, director aged 62). Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100). Current lenders should be on monthly review.

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 1 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
50 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £421,866

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£422k
Current Assets
£261k
↓ 27% YoY
Current Liabilities
£0£84k£169k£253k£337k£422kMar 2016Mar 2017

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2017-03-312016-03-31
Total assets£421.9k£343.7k
Current assets£260.8k£358.8k
Debtors£132.5k
Current liabilities£21.3k
Net assets£421.9k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2023-06-01
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2023-04-12
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  3. 2023-02-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2018-11-28
    📄
    administrative-restoration-company
    restoration · RT01
  5. 2018-11-20
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  6. 2018-11-20
    🏁
    Company dissolved
  7. 2018-09-11
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  8. 2018-08-07
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2018-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2018-01-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2017-05-20
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  12. 2017-03-14
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2016-05-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-12-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-05-20
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-01-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2014-08-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2014-01-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2013-05-17
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  20. 2005-05-16
    🏢
    Company incorporated
    As BALFOUR MUIR OFFSHORE LIMITED
  21. 2005-05-16
    MUIR, Edward Balfour appointed
    secretary
  22. 2005-05-16
    MUIR, David Thomas appointed
    director
  23. 2005-05-16
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  24. 2005-05-16
    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.
  • +Founder name in company name: Company name contains director surname "MUIR" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

80/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 21 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

2 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2018-12-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2024-05-30

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr David Thomas Muir
Individual · British · DOB 02/1964 · age 62
75100%
75–100%75-100% shares · 75-100% voting06/04/2016

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

Similar companies

Active · Trade services · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ANTALYA BARBERS 1 LTD
SC857857 · est 2025 · no financials extracted
AQUA CLEAN SCOTLAND LIMITED
SC498393 · est 2015 · no financials extracted
11y
ARTIFICIAL LIFT PERFORMANCE LIMITED
SC388357 · est 2010 · no financials extracted
15y
AUCHINDERRAN RENEWABLES LIMITED
SC452245 · est 2013 · no financials extracted
12y
AURORA BIT CONSULTANCY LIMITED
SC295797 · est 2006 · no financials extracted
20y
AURORA NMS LIMITED
SC553783 · est 2017 · no financials extracted
9y
AZIMUTH TRADING LIMITED
SC169693 · est 1996 · no financials extracted
29y
BAIRD'S (NEWCASTLE) LIMITED
SC708170 · est 2021 · no financials extracted
4y
BANKHEAD RENEWABLE ENERGY LIMITED
SC721778 · est 2022 · no financials extracted
4y
BARRAIGH CAPITAL MANAGEMENT LIMITED
SC377874 · est 2010 · no financials extracted
15y
BARRETO CONSULTING LTD
SC846834 · est 2025 · no financials extracted
BARRIE MCCANN LTD
SC834007 · est 2025 · no financials extracted
1y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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
Incorporated2005-05-16
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

Woodside Of Waterlair Farm
Fordoun
Laurencekirk
Kincardineshire
AB30 1NR

Filing status

Accounts
Next due: 2018-12-31OVERDUE
Last made up to: 2017-03-31
Confirmation statement
Next due: 2024-05-30OVERDUE
Last: 2023-05-16

Officers (2 active · 1 resigned)

MUIR, Edward Balfour
secretary · appointed 2005-05-16
View their other companies + combined net worth →
Active
MUIR, David Thomas
director · ~62y · appointed 2005-05-16
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 2005-05-16 · resigned 2005-05-16
Resigned

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

Recent filings (50 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2023-06-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-31
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2023-04-12
gazette-notice-compulsory
gazette · GAZ1
2023-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-25
confirmation-statement-with-updates
confirmation-statement · CS01
2021-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-11-28
administrative-restoration-company
restoration · RT01
2018-11-28
gazette-dissolved-compulsory
gazette · GAZ2
2018-11-20
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2018-09-11
gazette-notice-compulsory
gazette · GAZ1
2018-08-07
accounts-with-accounts-type-micro-entity
accounts · AA
2018-01-31
accounts-with-accounts-type-total-exemption-small
accounts · AA
2018-01-31