BLCP DEVELOPMENTS LTD
🏛️Establishedactive
SC638851 · ltd · incorporated 2019-08-14
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2024
Net worth
—
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 70/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
7 live charges · 3 lenders · oldest 1.4y
0/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 1.4 years old — likely still in initial term.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Average employees | 100 | 100 |
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
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2025-05-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-14📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-14🔒Charge registered #7Lender: Aldermore Bank PLC
- 2025-02-11🔒Charge registered #6Lender: Aldermore Bank PLC
- 2025-02-07🔒Charge registered #5Lender: Aldermore Bank PLC
- 2025-02-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-29🔒Charge registered #4Lender: Together Commercial Finance Limited
- 2025-01-29🔒Charge registered #3Lender: Together Commercial Finance Limited
- 2025-01-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-01-16🔒Charge registered #2Lender: Together Commercial Finance Limited
- 2025-01-15➕GLANCEY, Charli Eve appointeddirector
- 2024-12-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-12-17🔒Charge registered #1Lender: Shawbrook Bank Limited
- 2024-03-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-14🏢Company incorporatedAs BLCP DEVELOPMENTS LTD
- 2019-08-14➕BUCHANAN, Lee Scott appointeddirector
- 2019-08-14📄incorporation-companyincorporation · NEWINC
Owner dependency
63/100
High — earn-out structure requiredMaterial 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.
- +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
36/100
Weak signalLimited 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
1 low7 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Miss Charli Eve Glancey Individual · British · DOB 01/1987 · age 39 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 14/08/2019 |
Mr Lee Scott Buchanan Individual · British · DOB 12/1987 · age 39 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 14/08/2019 |
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 · Construction · KY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AUSMAC REFRIGERATION LIMITED→ SC881378 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BLANEY PROPERTY GROUP LTD→ SC877815 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BOMAD HOLDINGS LIMITED→ SC535388 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BRIAN LINDSAY JOINER & BUILDER LIMITED→ SC399900 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| BROOMHEAD LTD→ SC815814 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| C-FENCING LTD→ SC868458 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CARMICHAEL AND BAXTER GROUNDWORKS LIMITED→ SC393973 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| CBAC DEVELOPMENTS LIMITED→ SC419931 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| CHAPMAN LIFTING SERVICES LIMITED→ SC766544 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CHARLES BUCHANAN (ROUGHCASTERS) LIMITED→ SC233396 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| CHAS G ANDERSON LTD→ SC422152 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| CHRIS THE PLUMBER LTD→ SC853005 · est 2025 · 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.
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
Incorporated2019-08-14
Jurisdictionscotland
Primary SIC41100 — Development of building projects
Registered office
20 Lumphinnans Road
Lochgelly
KY5 9AR
Scotland
Filing status
Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2027-03-28
Last: 2026-03-14
Officers (2 active · 0 resigned)
BUCHANAN, Lee Scott→
Activedirector · ~39y · appointed 2019-08-14
View their other companies + combined net worth →
GLANCEY, Charli Eve→
Activedirector · ~39y · appointed 2025-01-15
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
7
Outstanding
3
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 14/02/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 11/02/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 07/02/2025 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 29/01/2025 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 29/01/2025 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | — | 16/01/2025 | — | |
| outstanding | Shawbrook Shawbrook Bank Limited | A registered charge | 3 properties | 17/12/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (22 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-01-18
appoint-person-director-company-with-name-date
officers · AP01
2025-01-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-14
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-07