REBLADE LIMITED

🏛️Establishedactive
SC686659 · ltd · incorporated 2021-01-21
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
71/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 38310
Sector: Water supply & waste
ALSO REGISTERED FOR
  • 38320SIC 38320
  • 70229Management consultancy activities other than financial management
  • 71122Engineering related scientific and technical consulting activities
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 71/100 (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, 4 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 (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
35 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
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
82
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
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Average employees3300

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
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-01-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-01-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-01-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2025-01-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2025-01-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2024-12-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-12-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2023-02-09
    📄
    second-filing-change-details-of-a-person-with-significant-control
    persons-with-significant-control · RP04PSC04
  10. 2023-02-09
    📄
    second-filing-notification-of-a-person-with-significant-control
    persons-with-significant-control · RP04PSC01
  11. 2023-02-09
    📄
    capital-allotment-shares
    capital · SH01
  12. 2022-10-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2022-04-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2022-04-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2022-04-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2022-04-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2022-04-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2022-02-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2022-02-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  20. 2022-02-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2021-10-01
    LINDSAY, Fiona appointed
    director
  22. 2021-01-21
    🏢
    Company incorporated
    As REBLADE LIMITED
  23. 2021-01-21
    LINDSAY, Steven James appointed
    director

Owner dependency

71/100
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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.

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

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Fiona Lindsay
Individual · British · DOB 03/1977 · age 49
2550%
25–50%25-50% shares · 25-50% voting01/10/2021
Mr Steven James Lindsay
Individual · British · DOB 03/1972 · age 54
2550%
25–50%25-50% shares · 25-50% voting21/01/2021

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 · Energy & utilities · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ML1 SERVICES LTD
SC744713 · est 2022 · no financials extracted
3y
PHILIPHAUGH HYDRO LIMITED
SC398239 · est 2011 · no financials extracted
14y
PROACTIVE ENERGY LIMITED
SC351381 · est 2008 · no financials extracted
17y
PURE ALCHEMI LTD
SC814162 · est 2024 · no financials extracted
1y
RELIANCE CONTRACTS GROUP LIMITED
SC805685 · est 2024 · no financials extracted
2y
RENEWABLE ENERGY VENTURES (BROTHERTON) LIMITED
SC444855 · est 2013 · no financials extracted
13y
RESPECT RECYCLING LTD
SC761118 · est 2023 · no financials extracted
3y
ROLLYS BULK UPLIFTS LTD
SC826868 · est 2024 · no financials extracted
1y
RSK ENVIRONMENT LIMITED
SC115530 · est 1989 · no financials extracted
37y
SCOTTISH WATER LIMITED
SC207004 · est 2000 · no financials extracted
25y
SEAQURRENT ENERGY SCOTLAND LIMITED
SC580057 · est 2017 · no financials extracted
8y
SF ELECTRICAL CONTRACTORS LTD.
SC519219 · est 2015 · no financials extracted
10y
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
Incorporated2021-01-21
Jurisdictionscotland
Primary SIC38310 — SIC 38310

Registered office

168 Bath Street
Glasgow
G2 4TP
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-03
Last: 2026-01-20

Officers (2 active · 0 resigned)

LINDSAY, Fiona
director · ~49y · appointed 2021-10-01
View their other companies + combined net worth →
Active
LINDSAY, Steven James
director · ~54y · appointed 2021-01-21
View their other companies + combined net worth →
Active

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

Recent filings (35 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-19
change-person-director-company-with-change-date
officers · CH01
2025-01-28
change-person-director-company-with-change-date
officers · CH01
2025-01-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-22
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-18
second-filing-change-details-of-a-person-with-significant-control
persons-with-significant-control · RP04PSC04
2023-02-09
second-filing-notification-of-a-person-with-significant-control
persons-with-significant-control · RP04PSC01
2023-02-09
capital-allotment-shares
capital · SH01
2023-02-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-03