BLAZE LOGISTICS LIMITED
💤Zombieactive
SC661145 · ltd · incorporated 2020-05-13
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 Nov 2024
Net worth
£-41.4k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Unlicenced Carrier
Sector: Transportation & storage
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
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. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: distressed disposal / insolvency (65/100).
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
2 officers (1 active, 2 linked, 2 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
23 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.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £41,372
Net assets shrinking
Down £42,019 YoY
Cash YoY
+7%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£142k
↑ 7.1% YoY
Net Worth
-£41k
↓ 6494% YoY
Current Assets
£735k
↑ 13% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £-41.4k | £80.7k |
| Current assets | £735.3k | £649.9k |
| Cash | £142.5k | £133.0k |
| Debtors | £592.9k | £512.1k |
| Net assets | £-41.4k | £647 |
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
0
filings
Last 90 days
3
filings
- • 3 persons-with-significant-control
Last 180 days
5
filings
- • 4 persons-with-significant-control
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2026-03-03📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2026-03-03📄notification-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC08
- 2026-03-03📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-12-03📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-11-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-06-02➖SMITH, Karen Janet resigneddirector
- 2025-01-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-07-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-04-27📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2021-10-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-20➕SMITH, Karen Janet appointeddirector
- 2020-11-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-11-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-11-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-11-20📄capital-allotment-sharescapital · SH01
- 2020-05-13🏢Company incorporatedAs BLAZE LOGISTICS LIMITED
- 2020-05-13➕SMITH, Joseph John appointeddirector
- 2020-05-13📄incorporation-companyincorporation · NEWINC
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 signalSome 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
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Karen Janet Smith Individual · Scottish · DOB 09/1983 · age 43 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 22/06/2025 |
Mr Joseph John Smith Individual · Scottish · DOB 12/1982 · age 44 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 13/05/2020 |
1 historic (ceased) PSC
- Mrs Karen Janet Smithceased 02/06/2025· 25-50% 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 →Similar companies
Active · Transport & logistics · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| LONGROW LTD→ SC655111 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| LUKES TRANSPORT LIMITED→ SC862322 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| M & G LOGISTICS LTD.→ SC244602 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| MANBART LTD→ SC613666 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| MARCEL LTD YANIS LIMITED→ SC869187 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MASHAL CAR HIRE LTD→ SC656654 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| MATRIX TRANSPORT SERVICES LIMITED→ SC202502 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| MCBARRON TRANSPORT SOLUTIONS LTD.→ SC577751 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| MCCALLUM DRIVERS LIMITED→ SC237625 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| MCCARTNEY TAXIS LIMITED→ SC269335 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| MCCOLL'S TRAVEL LIMITED→ SC163310 · est 1996 · no financials extracted | — | — | — | — | 30y | — | — |
| MCCRACKEN TRANSPORT LIMITED→ SC867517 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2020-05-13
Jurisdictionscotland
Primary SIC53202 — Unlicenced Carrier
Registered office
Clyde Offices
48 West George Street
Glasgow
G2 1BP
Scotland
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-05-26
Last: 2025-05-12
Officers (1 active · 1 resigned)
SMITH, Joseph John→
Activedirector · ~44y · appointed 2020-05-13
View their other companies + combined net worth →
SMITH, Karen Janet→
Resigneddirector · ~43y · appointed 2020-11-20 · resigned 2025-06-02
Click a director name to see their full track record across all companies.
Recent filings (23 total)
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2026-03-03
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2026-03-03
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-03-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-28
termination-director-company-with-name-termination-date
officers · TM01
2025-06-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-12-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-16