BLAIR PROSPECT LIMITED

🚨Distressedactive
SC214929 · ltd · incorporated 2001-01-19
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
Upgrade to see
Turnover
year to Jan 2023
Net worth
£-20.5k
book net assets
Opportunity
67/100
Strong
🔔
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What this business does
Primary activity: Retail sale via mail order houses or via Internet
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 67/100 (strong), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

1 live charge · oldest 3.0y

35/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Charge age ~3.0 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (1 active, 6 linked, 2 with DOB)
77
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
67 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
55
Adequate — check latest filings for context.
Acquirability
60
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £20,540

Key financials

2 years extracted from filed iXBRL accounts
Cash
£10k
Net Worth
-£21k
Current Assets
£237k
Current Liabilities
-£21k£31k£82k£134k£185k£237kJan 2022Jan 2023

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2023-01-312022-01-31
Total assets£9.1k
Current assets£236.7k
Cash£10.5k
Debtors£169.7k
Net assets£-20.5k
Average employees400

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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
2
filings
  • 1 gazette
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 gazette
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-02-17
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2025-06-10
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  3. 2025-05-06
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2024-12-02
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  5. 2024-11-30
    J & H MITCHELL WS resigned
    corporate-secretary
  6. 2024-06-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-04-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2023-04-20
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC (Trading as Virgin Money) (Company Number SC001111)
  9. 2022-11-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-02-24
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  12. 2021-01-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-01-19
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2021-01-19
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2019-10-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-09-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2017-11-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2013-09-01
    CARRUTHERS, Stephen Ford resigned
    director
  19. 2003-01-24
    CARRUTHERS, Stephen Ford appointed
    director
  20. 2001-02-26
    D.W. COMPANY SERVICES LIMITED resigned
    corporate-nominee-secretary
  21. 2001-02-26
    J & H MITCHELL WS appointed
    corporate-secretary
  22. 2001-02-26
    D.W. DIRECTOR 1 LIMITED resigned
    corporate-nominee-director
  23. 2001-02-26
    D.W. DIRECTOR 2 LIMITED resigned
    corporate-nominee-director
  24. 2001-01-26
    CARRUTHERS, Andrew David appointed
    director
  25. 2001-01-19
    🏢
    Company incorporated
    As BLAIR PROSPECT LIMITED
  26. 2001-01-19
    D.W. COMPANY SERVICES LIMITED appointed
    corporate-nominee-secretary
  27. 2001-01-19
    D.W. DIRECTOR 1 LIMITED appointed
    corporate-nominee-director
  28. 2001-01-19
    D.W. DIRECTOR 2 LIMITED appointed
    corporate-nominee-director

Owner dependency

85/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

70/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 25 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2025-01-31

Group structure

Atholl Prospect Limited holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Atholl Prospect Limited
Corporate parent · holds 25-50% shares
significant stake
BLAIR PROSPECT LIMITED
This company · SC214929

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Mark Moss
Individual · British · DOB 03/1949 · age 77
2550%
25–50%25-50% shares · 25-50% voting20/04/2020
Atholl Prospect Limited
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
1 historic (ceased) PSC
  • Mr Gareth Thomas Owensceased 20/04/2020· 25-50% shares · 25-50% voting

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

9 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
Incorporated2001-01-19
Jurisdictionscotland
Primary SIC47910 — Retail sale via mail order houses or via Internet

Registered office

51 Atholl Road
Pitlochry
Perthshire
PH16 5BU

Filing status

Accounts
Next due: 2025-01-31OVERDUE
Last made up to: 2023-01-31
Confirmation statement
Next due: 2027-02-02
Last: 2026-01-19

Officers (1 active · 5 resigned)

CARRUTHERS, Andrew David
director · ~55y · appointed 2001-01-26
View their other companies + combined net worth →
Active
D.W. COMPANY SERVICES LIMITED
corporate-nominee-secretary · appointed 2001-01-19 · resigned 2001-02-26
Resigned
J & H MITCHELL WS
corporate-secretary · appointed 2001-02-26 · resigned 2024-11-30
Resigned
CARRUTHERS, Stephen Ford
director · ~61y · appointed 2003-01-24 · resigned 2013-09-01
Resigned
D.W. DIRECTOR 1 LIMITED
corporate-nominee-director · appointed 2001-01-19 · resigned 2001-02-26
Resigned
D.W. DIRECTOR 2 LIMITED
corporate-nominee-director · appointed 2001-01-19 · resigned 2001-02-26
Resigned

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
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC (Trading as Virgin Money) (Company Number SC001111)
A registered charge20/04/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (67 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2026-02-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-16
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-06-10
gazette-notice-compulsory
gazette · GAZ1
2025-05-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-07
termination-secretary-company-with-name-termination-date
officers · TM02
2024-12-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-30
change-corporate-secretary-company-with-change-date
officers · CH04
2021-02-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-22