BLIND FAITH LIMITED

🌳Matureactive
SC431967 · ltd · incorporated 2012-09-06
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
—
year to Jul 2024
Net worth
—
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: Public houses and bars
Sector: Accommodation & food service
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
7 officers (2 active, 7 linked, 6 with DOB)
87
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
54 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Jul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-07-312023-07-31
Average employees23002300

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 (31 events)Click to expand
  1. 2025-09-01
    📄
    change-to-a-person-with-significant-control-without-name-date
    persons-with-significant-control · PSC04
  2. 2025-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-09-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-05-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-07-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-07-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-06-05
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  9. 2021-06-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  10. 2021-06-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2021-01-08
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  12. 2020-12-22
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2020-09-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-12-07
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  15. 2019-11-26
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  16. 2019-04-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2018-11-28
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  18. 2018-11-27
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  19. 2018-08-03
    ➕
    MICKEL, Andrew Alexander Mactaggart appointed
    director
  20. 2018-07-31
    ➖
    HAMILTON, Elizabeth resigned
    director
  21. 2018-07-31
    ➖
    OATTES, Emma Louise resigned
    director
  22. 2016-07-20
    ➖
    SPENCE, Malcolm resigned
    director
  23. 2013-11-08
    ➕
    HAMILTON, Elizabeth appointed
    director
  24. 2013-11-08
    ➕
    OATTES, Emma Louise appointed
    director
  25. 2013-09-01
    ➖
    MCVIVAR, Fergus resigned
    secretary
  26. 2013-09-01
    ➖
    MCVIVAR, Fergus resigned
    director
  27. 2012-09-06
    🏢
    Company incorporated
    As BLIND FAITH LIMITED
  28. 2012-09-06
    ➕
    OATTES, Barry Johnston appointed
    director
  29. 2012-09-06
    ➕
    MCVIVAR, Fergus appointed
    secretary
  30. 2012-09-06
    ➕
    MCVIVAR, Fergus appointed
    director
  31. 2012-09-06
    ➕
    SPENCE, Malcolm appointed
    director

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

49/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 14 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Andrew Alexander Mactaggart Mickel
Individual · British · DOB 10/1973 · age 53
50–75%
—50-75% shares31/07/2018
Mr Barry Johnston Oattes
Individual · British · DOB 07/1980 · age 46
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
1 historic (ceased) PSC
  • Mrs Elizabeth Hamiltonceased 31/07/2018· 25-50% shares

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

6 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
Incorporated2012-09-06
Jurisdictionscotland
Primary SIC56302 — Public houses and bars

Registered office

Kelvingrove Cafe
1161/1163 Argyle Street
Glasgow
G3 8TB

Filing status

Accounts
Next due: 2026-04-30
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-09-15
Last: 2025-09-01

Officers (2 active · 5 resigned)

MICKEL, Andrew Alexander Mactaggart→
director · ~53y · appointed 2018-08-03
View their other companies + combined net worth →
Active
OATTES, Barry Johnston→
director · ~46y · appointed 2012-09-06
View their other companies + combined net worth →
Active
MCVIVAR, Fergus→
secretary · appointed 2012-09-06 · resigned 2013-09-01
Resigned
HAMILTON, Elizabeth→
director · ~69y · appointed 2013-11-08 · resigned 2018-07-31
Resigned
MCVIVAR, Fergus→
director · ~56y · appointed 2012-09-06 · resigned 2013-09-01
Resigned
OATTES, Emma Louise→
director · ~44y · appointed 2013-11-08 · resigned 2018-07-31
Resigned
SPENCE, Malcolm→
director · ~48y · appointed 2012-09-06 · resigned 2016-07-20
Resigned

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

Recent filings (54 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-01
change-to-a-person-with-significant-control-without-name-date
persons-with-significant-control · PSC04
2025-09-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-30
change-person-director-company-with-change-date
officers · CH01
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-05
gazette-filings-brought-up-to-date
gazette · DISS40
2021-06-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-06-04