BLUE WAVE SCOTLAND PROPERTY LTD
🌿Early-stageactive
SC767276 · ltd · incorporated 2023-04-25
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
—
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and bankable structure.
Opportunity 71/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
1 live charge · oldest 2.8y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 2.8 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
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
1 charges (1/1 with lender, 1/1 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
1 connected companies via shared directors
48
Filing history
14 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
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
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 · FRS 102| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Average employees | 0 | 0 |
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
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
- 2025-12-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-06-26📄change-person-director-company-with-change-dateofficers · CH01
- 2025-06-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-06-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-06-11📄change-person-director-company-with-change-dateofficers · CH01
- 2024-12-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-09-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-07-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-07-13🔒Charge registered #1Lender: The Mortgage Works (UK) PLC
- 2023-05-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-05-02📄change-person-director-company-with-change-dateofficers · CH01
- 2023-04-25🏢Company incorporatedAs BLUE WAVE SCOTLAND PROPERTY LTD
- 2023-04-25➕AVGOUSTINOS-MASSYN, Irene appointeddirector
- 2023-04-25➕MASSYN, Shaun appointeddirector
- 2023-04-25📄incorporation-companyincorporation · NEWINC
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
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
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 Irene Avgoustinos-Massyn Individual · South African · DOB 02/1979 · age 47 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 25/04/2023 |
Mr Shaun Massyn Individual · South African · DOB 03/1978 · age 48 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 25/04/2023 |
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 →Similar companies
Active · Property · KA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AYRSHIRE LETTING AND SALES LTD→ SC488988 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| AYRSHIRE LETTING LTD→ SC800075 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BLUE FISH PROPERTY LTD→ SC824241 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BONNIE ABODES LTD→ SC823028 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BOYD & SONS LTD→ SC737699 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BRIEN & BRIDGE LTD→ SC709940 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| BRUCAM PROPERTIES LTD→ SC868766 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BURNLEA PROPERTIES LIMITED→ SC450934 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| BURNS COMMERCIAL PROPERTY RENTALS LTD→ SC819593 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BURNS DEVELOPMENTS LIMITED→ SC187997 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| BURNS REAL ALE LTD.→ SC160072 · est 1995 · no financials extracted | — | — | — | — | 30y | — | — |
| BUY YOUR PROPERTY LTD→ SC735516 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2023-04-25
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
17 Craiglea Crescent
Dalmellington
Ayrshire
KA6 7TZ
Scotland
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-05-08
Last: 2025-04-24
Officers (2 active · 0 resigned)
AVGOUSTINOS-MASSYN, Irene→
Activedirector · ~47y · appointed 2023-04-25
View their other companies + combined net worth →
MASSYN, Shaun→
Activedirector · ~48y · appointed 2023-04-25
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 13/07/2023 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (14 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-11
change-person-director-company-with-change-date
officers · CH01
2025-06-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-06-11
change-person-director-company-with-change-date
officers · CH01
2025-06-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-09-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-09-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-07-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-05-18
change-person-director-company-with-change-date
officers · CH01
2023-05-02
incorporation-company
incorporation · NEWINC
2023-04-25