BL CONTRACTS LIMITED
📉Decliningactive
SC361232 · ltd · incorporated 2009-06-15
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
Opportunity decay
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
- · Lifecycle stage drifting downward
- · Currently "declining"
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Construction of commercial buildings
Sector: Construction
ALSO REGISTERED FOR
- 41202Construction of domestic buildings
Investor take
PursueStrong opportunity: conservative operator with strong profile and bankable structure.
Opportunity 75/100 (strong), bankability 85/100. Strong seller-intent signal (68/100, director aged 56). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (78/100).
🏦
Refinance opportunity
5 live charges · 2 lenders · oldest 14.2y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 14.2 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 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
🔒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
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredProfitable
Profit before tax £663,798
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Gross profit | £595.3k | £1.06M |
| Profit before tax | £663.8k | £968.7k |
| Average employees | 700 | 700 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
- 2025-12-17📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-01-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-01-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-01-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-01-13🔓Charge satisfied #5
- 2025-01-13🔓Charge satisfied #4
- 2025-01-13🔓Charge satisfied #3
- 2024-12-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-12-20📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-12-20🔓Charge satisfied #2
- 2023-12-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-12-21📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-12-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-08-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-10-01📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-10-06📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-12-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-06-19📄change-person-director-company-with-change-dateofficers · CH01
- 2017-05-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2017-05-26🔒Charge registered #5Lender: Bank of Scotland PLC
- 2016-11-03📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-11-12🔒Charge registered #4Lender: Bank of Scotland PLC
- 2013-07-16🔓Charge satisfied #1
- 2013-03-22🔒Charge registered #3Lender: Bank of Scotland PLC
- 2013-03-17🔒Charge registered #2Lender: Bank of Scotland PLC
- 2012-02-17🔒Charge registered #1Lender: Arthur Mclellan Woodrow
- 2009-06-15🏢Company incorporatedAs BL CONTRACTS LIMITED
- 2009-06-15➕BAKER, Donald appointedsecretary
- 2009-06-15➕BAKER, Donald appointeddirector
- 2009-06-15➕LAIRD, Ross appointeddirector
Owner dependency
68/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
59/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 17 years.
- secondaryStable-but-static management: Company is 17 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
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Donald Baker Individual · British · DOB 01/1970 · age 56 | 25–50% | — | 25-50% shares | 15/06/2017 |
Mr Ross Laird Individual · British · DOB 12/1974 · age 52 | 25–50% | — | 25-50% shares | 15/06/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
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|---|---|---|---|---|---|---|---|
| ARCHD. FERGUSSON LIMITED→ SC035756 · est 1960 · no financials extracted | — | — | — | — | 65y | — | — |
| ARCHIE INSPECTION LIMITED→ SC849498 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARCUS DECORATING LIMITED→ SC621193 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ARGYLL FENCING LIMITED→ SC519191 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ATOM CONTRACTS LIMITED→ SC486665 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| B&S ROPES LTD→ SC877820 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BD & JC DEVELOPMENTS LIMITED→ SC536533 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BLACK HILL LIFTING SOLUTIONS LTD→ SC866601 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BLACKOAK PROJECTS LTD→ SC878146 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BLAS MOR HOMES LTD→ SC870249 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BLENHEIM HOLDINGS LIMITED→ SC080311 · est 1982 · no financials extracted | — | — | — | — | 43y | — | — |
| BLUEPRINT PROJECTS SCOTLAND LTD→ SC875458 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2009-06-15
Jurisdictionscotland
Primary SIC41201 — Construction of commercial buildings
Registered office
Ardloch Glen Road
Bridgend
Isle Of Islay
Argyll
PA44 7PY
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-08
Last: 2025-05-25
Officers (3 active · 0 resigned)
Active
BAKER, Donald→
Activedirector · ~56y · appointed 2009-06-15
View their other companies + combined net worth →
Active
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
0
Outstanding
0
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 26/05/2017 | 13/01/2025 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 12/11/2014 | 13/01/2025 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 22/03/2013 | 13/01/2025 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Floating charge | 1 property | 17/03/2013 | 20/12/2024 | |
| satisfied | Arthur Mclellan Woodrow | Standard security | 1 property | 17/02/2012 | 16/07/2013 |
Recent filings (50 total)
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-30
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-13
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-13
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-13
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-12-20
mortgage-satisfy-charge-full
mortgage · MR04
2024-12-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-19
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-02
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-25
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-08-28