BLUBAKER VENTURES LIMITED

💤Zombieactive
SC538884 · ltd · incorporated 2016-06-26
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
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Turnover
year to Feb 2024
Net worth
£921.2k
book net assets
Opportunity
66/100
Strong
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What this business does
Primary activity: Activities of head offices
Sector: Professional, scientific & technical
Investor take
Special-situation opportunity
Distressed professional-services with salvageable qualities — special-situations priority.

Opportunity 66/100 (strong), 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 (53/100).

Data confidence

Overall: medium (71/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
36 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £921,216

Key financials

1 year extracted from filed iXBRL accounts
Cash
£4k
Net Worth
£921k
Current Assets
£201k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-02-29
Total assets£921.2k
Current assets£201.0k
Cash£3.6k
Debtors£197.4k
Net assets£921.2k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 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
1
filing
  • 1 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
2
filings
  • 1 gazette
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-04-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-07-23
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  3. 2025-02-07
    MORRISON, Claire resigned
    director
  4. 2025-02-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-01-14
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2025-01-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2025-01-14
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2024-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2024-12-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2024-12-12
    MORRISON, Claire appointed
    director
  11. 2023-11-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-04-28
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  15. 2021-04-27
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  16. 2021-04-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2019-10-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-12-05
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  19. 2016-06-27
    MORRISON, Ian appointed
    director
  20. 2016-06-27
    COWIE, Simon Henry Dyer resigned
    director
  21. 2016-06-26
    🏢
    Company incorporated
    As BLUBAKER VENTURES LIMITED
  22. 2016-06-26
    INFINITY SECRETARIES LIMITED appointed
    corporate-secretary
  23. 2016-06-26
    COWIE, Simon Henry Dyer appointed
    director

Owner dependency

90/100
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 age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • 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 George Victor Andreadis
Individual · British · DOB 05/1974 · age 52
5075%
50–75%50-75% shares · 50-75% voting08/01/2025
1 historic (ceased) PSC
  • Ian Morrisonceased 08/01/2025· 50-75% 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

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
Incorporated2016-06-26
Jurisdictionscotland
Primary SIC70100 — Activities of head offices

Registered office

5 Carden Place
Aberdeen
AB10 1UT
Scotland

Filing status

Accounts
Next due: 2026-02-28OVERDUE
Last made up to: 2024-02-29
Confirmation statement
Next due: 2026-12-01
Last: 2025-11-17

Officers (2 active · 2 resigned)

INFINITY SECRETARIES LIMITED
corporate-secretary · appointed 2016-06-26
View their other companies + combined net worth →
Active
MORRISON, Ian
director · ~69y · appointed 2016-06-27
View their other companies + combined net worth →
Active
COWIE, Simon Henry Dyer
director · ~53y · appointed 2016-06-26 · resigned 2016-06-27
Resigned
MORRISON, Claire
director · ~58y · appointed 2024-12-12 · resigned 2025-02-07
Resigned

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

Recent filings (36 total)

gazette-notice-compulsory
gazette · GAZ1
2026-04-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-18
change-account-reference-date-company-previous-extended
accounts · AA01
2025-07-23
termination-director-company-with-name-termination-date
officers · TM01
2025-02-07
resolution
resolution · RESOLUTIONS
2025-01-14
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-01-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-01-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-18
appoint-person-director-company-with-name-date
officers · AP01
2024-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-20