BLACKFISH SCOTLAND LIMITED

🌿Early-stageactive
SC759272 · ltd · incorporated 2023-02-17
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Feb 2025
Net worth
£-299
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: Other engineering activities
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 70/100 (strong), bankability 70/100. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (79/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
6 filings
60
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
60
Adequate — check latest filings for context.
Acquirability
50
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 105 (micro)
Negative net assets
Liabilities exceed assets by £299

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£299
↓ 101% YoY
Current Assets
£1
~ YoY
Current Liabilities
-£299-£239-£179-£119-£59£1Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-02-282024-02-29
Total assets£-149£1
Current assets£1£1
Net assets£-299£-149

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 (7 events)Click to expand
  1. 2025-11-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-10-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-02-17
    🏢
    Company incorporated
    As BLACKFISH SCOTLAND LIMITED
  4. 2023-02-17
    POWELL, Jonathan David appointed
    director
  5. 2023-02-17
    SMALLWOOD, Ioan Llyr appointed
    director
  6. 2023-02-17
    WARREN, Timothy Michael appointed
    director
  7. 2023-02-17
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

30/100
Weak signal

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

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Blackfish Engineering Design Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Blackfish Engineering Design Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
BLACKFISH SCOTLAND LIMITED
This company · SC759272

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%
NameSharesVoting rightsNature of controlNotified
Blackfish Engineering Design Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control17/02/2023

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

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.

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Company details

Statusactive
Typeltd
Incorporated2023-02-17
Jurisdictionscotland
Primary SIC71129 — Other engineering activities

Registered office

C/O Brodies Llp Capital Square
58 Morrison Street
Edinburgh
EH3 8BP
United Kingdom

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-02
Last: 2026-02-16

Officers (3 active · 0 resigned)

POWELL, Jonathan David
director · ~45y · appointed 2023-02-17
View their other companies + combined net worth →
Active
SMALLWOOD, Ioan Llyr
director · ~44y · appointed 2023-02-17
View their other companies + combined net worth →
Active
WARREN, Timothy Michael
director · ~51y · appointed 2023-02-17
View their other companies + combined net worth →
Active

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

Recent filings (6 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-18
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-01
incorporation-company
incorporation · NEWINC
2023-02-17