BLACKHALL VS LIMITED
🌳Matureactive
SC393588 · ltd · incorporated 2011-02-16
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Veterinary activities
Sector: Professional, scientific & technical
Investor take
PursueStrong opportunity: active trading company with exceptional profile and acceptable with review structure.
Opportunity 80/100 (exceptional), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
5 live charges · 4 lenders · oldest 15.0y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 15.0 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (60/100)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
No iXBRL financials extracted
0
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
8 officers (2 active, 8 linked, 7 with DOB)
88
Ownership & PSC
1 active PSC(s) of 6 total, 6 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
92 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
5
filings
- • 2 accounts
- • 2 other
- • 1 confirmation-statement
Last 180 days
5
filings
- • 2 accounts
- • 2 other
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
- 2026-02-16📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2026-02-16📄legacyaccounts · PARENT_ACC
- 2026-02-16📄legacyother · GUARANTEE2
- 2026-02-16📄legacyother · AGREEMENT2
- 2025-06-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-06-11📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-02-25📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-02-25📄legacyaccounts · PARENT_ACC
- 2025-02-25📄legacyother · GUARANTEE2
- 2025-02-25📄legacyother · AGREEMENT2
- 2024-07-04📄accounts-amended-with-accounts-type-audit-exemption-subsiduaryaccounts · AAMD
- 2024-03-12📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-03-12📄legacyaccounts · PARENT_ACC
- 2024-03-12📄legacyother · AGREEMENT2
- 2024-03-12📄legacyother · GUARANTEE2
- 2023-12-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-14🔒Charge registered #5Lender: Ares Management Limited (As Security Agent)
- 2023-10-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-10-12🔒Charge registered #4Lender: Ares Management Limited (As Security Agent for the Beneficiaries)
- 2023-04-12📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2023-04-12📄legacyaccounts · PARENT_ACC
- 2023-04-12📄legacyother · AGREEMENT2
- 2023-04-11📄legacyother · GUARANTEE2
- 2020-04-09🔒Charge registered #3Lender: Ares Management Limited (As Security Agent for the Beneficiaries)
- 2020-04-09🔒Charge registered #2Lender: Ares Management Limited as Security Agent
- 2019-11-01➕MALONE, Joanna Clare appointeddirector
- 2019-11-01➕STANWORTH, Mark appointeddirector
- 2019-11-01➖BODY, Stephen Mark resigneddirector
- 2019-11-01➖BREMNER, Bruce James resigneddirector
- 2019-11-01➖CARNOCHAN, Charles Ferguson Dewar resigneddirector
- 2019-11-01➖SMITH, Andrew William, Dr resigneddirector
- 2019-08-20🔓Charge satisfied #1
- 2016-04-01➕SMITH, Andrew William, Dr appointeddirector
- 2015-08-31➖YOUNG, Scott Stewart resignedsecretary
- 2015-08-31➖YOUNG, Scott Stewart resigneddirector
- 2011-04-22🔒Charge registered #1Lender: Clydesdale Bank PLC
- 2011-02-16🏢Company incorporatedAs BLACKHALL VS LIMITED
- 2011-02-16➕YOUNG, Scott Stewart appointedsecretary
- 2011-02-16➕BODY, Stephen Mark appointeddirector
- 2011-02-16➕BREMNER, Bruce James appointeddirector
- 2011-02-16➕CARNOCHAN, Charles Ferguson Dewar appointeddirector
- 2011-02-16➕YOUNG, Scott Stewart appointeddirector
Owner dependency
66/100
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.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 15 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Ares Management Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Ares Management Limited
Corporate parent · holds 75-100% shares
⬇
BLACKHALL VS LIMITED
This company · SC393588
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ares Management Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 09/04/2020 |
5 historic (ceased) PSCs
- Vetpartners Limitedceased 09/04/2020· 75-100% shares · 75-100% voting · board control
- Mr Bruce James Bremnerceased 01/11/2019· 25-50% shares
- Mr Charlie Carnochanceased 01/11/2019· 25-50% shares
- Mr Stephen Bodyceased 01/11/2019· 25-50% shares
- Dr Andrew William Smithceased 01/11/2019· board control
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
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|---|---|---|---|---|---|---|---|
| BARCLAY HARRIS LTD→ SC667550 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BEECHWOOD VENTURES LIMITED→ SC060004 · est 1976 · no financials extracted | — | — | — | — | 49y | — | — |
| BLISS ADVOCATE LTD→ SC764264 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| BLUE DOOR ARCHITECTURE LTD→ SC714143 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| BONACCORD ECOSSE LIMITED→ SC323251 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| BOOTH ACCOUNTING & HR PROFESSIONAL SEVICES LTD→ SC647447 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| BOTANICAL VETERINARY CARE LTD→ SC723753 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| BOYD LEGAL LIMITED→ SC458598 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| BOYTER CONSULTING LTD→ SC806262 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BRACEY'S ACCOUNTANTS (EDINBURGH) LIMITED→ SC592666 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| BRACKEN SOLUTIONS LTD→ SC600561 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| BRAEMAR LEGAL LIMITED→ SC807875 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2011-02-16
Jurisdictionscotland
Primary SIC75000 — Veterinary activities
Registered office
171 Mayfield Road
Edinburgh
EH9 3AZ
Scotland
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-03-02
Last: 2026-02-16
Officers (2 active · 6 resigned)
MALONE, Joanna Clare→
Activedirector · ~52y · appointed 2019-11-01
View their other companies + combined net worth →
STANWORTH, Mark→
Activedirector · ~62y · appointed 2019-11-01
View their other companies + combined net worth →
YOUNG, Scott Stewart→
Resignedsecretary · appointed 2011-02-16 · resigned 2015-08-31
BODY, Stephen Mark→
Resigneddirector · ~45y · appointed 2011-02-16 · resigned 2019-11-01
BREMNER, Bruce James→
Resigneddirector · ~70y · appointed 2011-02-16 · resigned 2019-11-01
CARNOCHAN, Charles Ferguson Dewar→
Resigneddirector · ~46y · appointed 2011-02-16 · resigned 2019-11-01
SMITH, Andrew William, Dr→
Resigneddirector · ~42y · appointed 2016-04-01 · resigned 2019-11-01
YOUNG, Scott Stewart→
Resigneddirector · ~54y · appointed 2011-02-16 · resigned 2015-08-31
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
4
Outstanding
3
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Ares Management (As Security Agent) Ares Management Limited (As Security Agent) | A registered charge | — | 14/12/2023 | — | |
| outstanding | Ares Management (As Security Agent for the Beneficiaries) Ares Management Limited (As Security Agent for the Beneficiaries) | A registered charge | 1 property | 12/10/2023 | — | |
| outstanding | Ares Management (As Security Agent for the Beneficiaries) Ares Management Limited (As Security Agent for the Beneficiaries) | A registered charge | 1 property | 09/04/2020 | — | |
| outstanding | Ares Management as Security Agent Ares Management Limited as Security Agent | A registered charge | 1 property | 09/04/2020 | — | |
| satisfied | Virgin Money Clydesdale Bank PLC | Floating charge | 1 property | 22/04/2011 | 20/08/2019 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (92 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-17
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2026-02-16
legacy
accounts · PARENT_ACC
2026-02-16
legacy
other · GUARANTEE2
2026-02-16
legacy
other · AGREEMENT2
2026-02-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-06-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-06-11
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-02-25
legacy
accounts · PARENT_ACC
2025-02-25
legacy
other · GUARANTEE2
2025-02-25
legacy
other · AGREEMENT2
2025-02-25
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-17
accounts-amended-with-accounts-type-audit-exemption-subsiduary
accounts · AAMD
2024-07-04
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-03-12
legacy
accounts · PARENT_ACC
2024-03-12