BALGOVE PROPERTY SOLUTIONS LIMITED

💤Zombieactive
SC505532 · ltd · incorporated 2015-05-11
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 May 2024
Net worth
£545
book net assets
Opportunity
64/100
Worth a look
🔔
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What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
Investor take
Special-situation opportunity
Distressed construction with salvageable qualities — special-situations priority.

Opportunity 64/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (38/100).

Data confidence

Overall: medium (78/100)

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 (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £545

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£545
↑ 104% YoY
Current Assets
£27k
↑ 84% YoY
Current Liabilities
—
-£13k-£5k£3k£11k£19k£27kMay 2023May 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-05-312023-05-31
Total assets£12.4k£8.2k
Current assets£26.7k£14.5k
Net assets£545£-13.3k

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 gazette
Last 90 days
1
filing
  • • 1 gazette
Last 180 days
1
filing
  • • 1 gazette
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-04-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-06-20
    📄
    second-filing-of-director-appointment-with-name
    officers · RP04AP01
  3. 2025-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-02-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-10-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2021-01-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-06-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2020-06-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2020-06-09
    ➖
    ROBERTSON, Maureen Charlotte resigned
    director
  12. 2020-02-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2019-10-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2019-10-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2019-10-14
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2019-10-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2019-10-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2019-10-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2019-09-21
    ➖
    ROBERTSON, Andrew Lachlan resigned
    director
  20. 2019-09-21
    ➕
    ROBERTSON, Maureen Charlotte appointed
    director
  21. 2019-09-20
    ➕
    BUTLER, Andrew Patrick appointed
    director
  22. 2019-02-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  23. 2015-05-11
    🏢
    Company incorporated
    As BALGOVE PROPERTY SOLUTIONS LIMITED
  24. 2015-05-11
    ➕
    ROBERTSON, Andrew Lachlan appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 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: 2026-02-28

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Andrew Butler
Individual · British · DOB 05/1989 · age 37
25–50%
25–50%25-50% shares · 25-50% voting01/10/2019
2 historic (ceased) PSCs
  • Mrs Maureen Charlotte Robertsonceased 09/06/2020· 75-100% shares · 75-100% voting · board control · trust interest · firm interest
  • Mr Andrew Lachlan Robertsonceased 01/10/2019· 75-100% shares · 75-100% voting · board control

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

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2015-05-11
Jurisdictionscotland
Primary SIC43220 — Plumbing, heat and air-conditioning installation

Registered office

21 Sherbrook Street
Dundee
DD3 8NA
Scotland

Filing status

Accounts
Next due: 2026-02-28OVERDUE
Last made up to: 2024-05-31
Confirmation statement
Next due: 2026-10-24
Last: 2025-10-10

Officers (1 active · 2 resigned)

BUTLER, Andrew Patrick→
director · ~37y · appointed 2019-09-20
View their other companies + combined net worth →
Active
ROBERTSON, Andrew Lachlan→
director · ~72y · appointed 2015-05-11 · resigned 2019-09-21
Resigned
ROBERTSON, Maureen Charlotte→
director · ~69y · appointed 2019-09-21 · resigned 2020-06-09
Resigned

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

Recent filings (32 total)

gazette-notice-compulsory
gazette · GAZ1
2026-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-20
second-filing-of-director-appointment-with-name
officers · RP04AP01
2025-06-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-29
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-24
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-10-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-20
accounts-with-accounts-type-micro-entity
accounts · AA
2021-01-18
confirmation-statement-with-updates
confirmation-statement · CS01
2020-10-21
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-06-10