BLACKWATER ASSETS LTD
🌿Early-stageactive
SC785667 · ltd · incorporated 2023-10-11
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2025
Net worth
—
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
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 71/100 (strong), bankability 70/100. 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: medium (76/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
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
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
Network not yet resolved
30
Filing history
9 filings
60
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
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
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 | 2025-10-31 | 2024-10-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 address
Last 180 days
4
filings
- • 2 gazette
- • 1 address
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (9 events)Click to expand
- 2026-03-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-02-14📄gazette-filings-brought-up-to-dategazette · DISS40
- 2026-01-20📄gazette-notice-compulsorygazette · GAZ1
- 2025-11-14📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-08-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-10-11🏢Company incorporatedAs BLACKWATER ASSETS LTD
- 2023-10-11➕ANDERSON, Adam appointeddirector
- 2023-10-11➕TIERNEY, Ryan appointeddirector
- 2023-10-11📄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.
- +Young company: Only 2.6 years old — management layer unlikely to be developed.
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 |
|---|---|---|---|---|
Mr Adam Anderson Individual · British · DOB 06/1995 · age 31 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 11/10/2023 |
Mr Ryan Tierney Individual · British · DOB 01/1995 · age 31 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 11/10/2023 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Property · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GANDER EQUITIES LIMITED→ SC038884 · est 1963 | £5.39M £4.58M–£6.20M | — | £5.39M | — | 62y | 83 | 87y |
| DOMINPLAN PROPERTY CO. LIMITED→ SC039504 · est 1963 | £1.92M £1.63M–£2.21M | — | £1.92M | — | 62y | 83 | 89y |
| NEWTON PROPERTY MANAGEMENT LTD.→ SC224378 · est 2001 | £1.45M £1.23M–£1.66M | — | £1.45M | — | 24y | 83 | 70y |
| MILBEAR HOLDINGS (GLASGOW) LIMITED→ SC046691 · est 1969 | £974.3k £828.2k–£1.12M | — | £974.3k | — | 56y | 83 | 101y |
| CITYPROP INVESTMENTS LTD.→ SC157489 · est 1995 | £927.3k £788.2k–£1.07M | — | £927.3k | — | 31y | 83 | 87y |
| CALEDONIA WATERFRONT (HARBOUR ROAD) LIMITED→ SC345086 · est 2008 | £623.3k £529.8k–£716.8k | — | £623.3k | — | 17y | 83 | 70y |
| INNOVATION PROPERTIES LIMITED→ SC312436 · est 2006 | £444.7k £378.0k–£511.4k | — | £444.7k | — | 19y | 83 | 86y |
| OREBLOCK LIMITED→ SC161313 · est 1995 | £146.5k £124.6k–£168.5k | — | £146.5k | — | 30y | 83 | 69y |
| HORSESHOE DEVELOPMENTS (PORT GLASGOW) LIMITED→ SC315228 · est 2007 | £132.9k £113.0k–£152.9k | — | £132.9k | — | 19y | 83 | 68y |
| BARRWOOD DEVELOPMENTS LIMITED→ SC055126 · est 1974 | £117.8k £100.1k–£135.5k | — | £117.8k | — | 52y | 83 | 59y |
| GALEN PROPERTIES LTD→ SC283636 · est 2005 | £64.1k £54.5k–£73.7k | — | £64.1k | — | 21y | 83 | 62y |
| LEMAY INVESTMENTS LIMITED→ SC253839 · est 2003 | £53.3k £45.3k–£61.3k | — | £53.3k | — | 22y | 83 | 70y |
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.
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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.
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See pricing →Company details
Statusactive
Typeltd
Incorporated2023-10-11
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
Clyde Offices 2nd Floor
48 West George Street
Glasgow
G2 1BP
Scotland
Filing status
Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2026-11-12
Last: 2025-10-29
Officers (2 active · 0 resigned)
ANDERSON, Adam→
Activedirector · ~31y · appointed 2023-10-11
View their other companies + combined net worth →
TIERNEY, Ryan→
Activedirector · ~31y · appointed 2023-10-11
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (9 total)
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-18
gazette-filings-brought-up-to-date
gazette · DISS40
2026-02-14
gazette-notice-compulsory
gazette · GAZ1
2026-01-20
accounts-with-accounts-type-dormant
accounts · AA
2025-11-14
accounts-with-accounts-type-dormant
accounts · AA
2025-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-08
incorporation-company
incorporation · NEWINC
2023-10-11