BLUEWATER (GRANGEMOUTH 1) LIMITED

🏛️Establishedactive

SC616769 · ltd · incorporated 2018-12-21

Investment thesis

Property vehicle with leveraged stack — refinance / partial-release angle.

Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.

Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 5.1y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

76/100

Strong

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What this business does

Primary activity: Other letting and operating of own or leased real estate

Sector: Real estate

Investor take

Pursue

Strong opportunity: property-backed borrower with strong profile and bankable structure.

Opportunity 76/100 (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 (65/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 5.1y

70/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 5.1 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 15/100 — clean.

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

Lenders & charges

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

5 officers (5 active, 5 linked, 5 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

8 connected companies via shared directors

Filing history

28 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

76/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

• 3 officers
• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (30 events)Click to expand

2025-12-29
📄
change-person-director-company-with-change-date
officers · CH01
2025-12-29
📄
change-person-director-company-with-change-date
officers · CH01
2025-12-29
📄
change-person-director-company-with-change-date
officers · CH01
2025-12-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-19
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-11-19
🔓
Charge satisfied #1
2024-11-18
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-18
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-12
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-11-12
🔓
Charge satisfied #2
2024-11-01
🔒
Charge registered #4
Lender: Handelsbanken PLC
2024-11-01
🔒
Charge registered #3
Lender: Handelsbanken PLC
2023-12-21
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-10-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-07
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-04-02
🔒
Charge registered #2
Lender: The Royal Bank of Scotland PLC
2021-03-23
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-03-16
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
2020-12-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-06-18
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-06-18
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-05-29
➕
QUINN, Fraser John appointed
director
2019-05-29
➕
QUINN, Gavin Matthew appointed
director
2019-05-29
➕
QUINN, Marc Lowson appointed
director
2018-12-21
🏢
Company incorporated
As BLUEWATER (GRANGEMOUTH 1) LIMITED
2018-12-21
➕
QUINN, Anne appointed
director
2018-12-21
➕
QUINN, John Pollock appointed
director

Owner dependency

63/100

High — earn-out structure required

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

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 74 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

60/100

Strong succession signal

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.

Red flags

1 med ·

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Bluewater Holdings Llp is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Bluewater Holdings Llp

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

BLUEWATER (GRANGEMOUTH 1) LIMITED

This company · SC616769

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
Bluewater Holdings Llp Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	21/12/2018

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

Active · Property · FK postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
AUGUST PLACE LTD.→ SC686604 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
BELHAVEN INVESTMENTS LTD.→ SC610969 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
BIENVENIDO PROPERTIES LTD→ SC673081 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
BLUEWATER (DUNFERMLINE 1) LIMITED→ SC551113 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
BLUEWATER (GLENROTHES 2) LIMITED→ SC373839 · est 2010 · no financials extracted	—	—	—	—	16y	—	—
BLUEWATER (STIRLING 2) LIMITED→ SC730505 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
BLUEWATER (STIRLING 4) LIMITED→ SC373831 · est 2010 · no financials extracted	—	—	—	—	16y	—	—
BLYTHS (PROPERTIES) LIMITED→ SC028141 · est 1951 · no financials extracted	—	—	—	—	75y	—	—
BMR PROGRESSIVE SERVICES LTD→ SC864518 · est 2025 · no financials extracted	—	—	—	—	—	—	—
BO'NESS SELF STORAGE CO LTD→ SC861778 · est 2025 · no financials extracted	—	—	—	—	—	—	—
BOGHEAD PROPERTIES LTD→ SC660021 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
BONNIE LETS LTD→ SC876773 · est 2026 · no financials extracted	—	—	—	—	—	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

8 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.

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🔒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.

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Company details

Statusactive

Typeltd

Incorporated2018-12-21

Jurisdictionscotland

Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

20 Barnton Street

Stirling

Stirlingshire

FK8 1NE

United Kingdom

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-01-03

Last: 2025-12-20