BLACK ROAD DEVELOPMENTS LTD

🏛️Establishedactive
SC588566 · ltd · incorporated 2018-02-13
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to Jan 2025
Net worth
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: high (80/100)

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
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
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
-£5k-£462£4k£8k£12k£16kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-01-312024-01-31
Total assets£-4.7k
Current assets£16.4k
Cash£983
Debtors£4.4k
Net assets£-4.7k
Average employees0

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
3
filings
  • 2 persons-with-significant-control
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-12-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-12-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-12-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-07-31
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2024-11-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2024-11-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2024-11-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2024-10-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2024-10-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2024-08-14
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  11. 2024-07-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2024-07-15
    RITCHIE, Christopher appointed
    director
  13. 2023-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2022-11-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2022-07-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2022-07-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2021-08-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2021-04-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2020-04-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  20. 2019-01-23
    BLACK, Corrina appointed
    director
  21. 2019-01-23
    BROWN, Wilma resigned
    director
  22. 2018-02-13
    🏢
    Company incorporated
    As BLACK ROAD DEVELOPMENTS LTD
  23. 2018-02-13
    BROWN, Wilma appointed
    director

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "BLACK" — strong identity link between founder and business.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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 Christopher Ritchie
Individual · British · DOB 12/1990 · age 36
2550%
25–50%board control25-50% shares · 25-50% voting · board control31/07/2024
Miss Corrina Black
Individual · British · DOB 11/1978 · age 48
2550%
25–50%board control25-50% shares · 25-50% voting · board control02/12/2019
1 historic (ceased) PSC
  • Mrs Wilma Brownceased 02/12/2019· 75-100% 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
Incorporated2018-02-13
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

The Walled Garden
4b Orchard Drive
Glenrothes
KY7 5RG
Scotland

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-08-02
Last: 2025-07-19

Officers (2 active · 1 resigned)

BLACK, Corrina
director · ~48y · appointed 2019-01-23
View their other companies + combined net worth →
Active
RITCHIE, Christopher
director · ~36y · appointed 2024-07-15
View their other companies + combined net worth →
Active
BROWN, Wilma
director · ~77y · appointed 2018-02-13 · resigned 2019-01-23
Resigned

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

Recent filings (34 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-16
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-31
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-07-31
change-person-director-company-with-change-date
officers · CH01
2024-11-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-06
change-person-director-company-with-change-date
officers · CH01
2024-11-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-21
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-08-14
appoint-person-director-company-with-name-date
officers · AP01
2024-07-22
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-29