BLAS FESTIVAL LTD

🌳Matureactive

SC308889 · ltd · incorporated 2006-09-20

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£2.3k

book net assets

Opportunity

74/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Performing arts

Sector: Arts, entertainment & recreation

Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (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: strategic trade sale (63/100).

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

Lenders & charges

Confirmed no charges registered

Directors & officers

16 officers (4 active, 16 linked, 11 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

4 connected companies via shared directors

Filing history

72 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

74/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £2,279

Cash YoY

+3478%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£10k

↑ 3478% YoY

Net Worth

£2k

↑ 176% YoY

Current Assets

£10k

↑ 1854% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Total assets	£2.3k	£-3.0k
Current assets	£9.7k	£495
Cash	£9.6k	£269
Debtors	£45	£226
Net assets	£2.3k	£-3.0k

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (47 events)Click to expand

2025-10-29
📄
accounts-with-accounts-type-small
accounts · AA
2025-10-06
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2025-10-06
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-10-06
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2025-09-26
➕
MACMILLAN, Calum Alexander appointed
secretary
2025-09-26
➖
CORMACK, Arthur Edward resigned
secretary
2025-09-26
➖
CORMACK, Arthur Edward resigned
director
2024-10-22
📄
accounts-with-accounts-type-small
accounts · AA
2024-03-14
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-03-08
➕
MACINNES, Katie Morrison appointed
director
2024-01-10
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-12-31
➖
STODDART, George Keiller resigned
director
2023-12-01
📄
accounts-with-accounts-type-small
accounts · AA
2023-10-23
📄
change-person-director-company-with-change-date
officers · CH01
2022-11-01
📄
accounts-with-accounts-type-small
accounts · AA
2021-11-03
📄
accounts-with-accounts-type-small
accounts · AA
2020-11-19
📄
accounts-with-accounts-type-small
accounts · AA
2020-10-14
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-10-14
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-10-14
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-12-05
➖
CURRIE, Kirsteen resigned
director
2019-12-01
➖
MACPHERSON, Duncan Joseph resigned
director
2019-12-01
➖
PATERSON, Margaret Elizabeth resigned
director
2019-11-09
📄
accounts-with-accounts-type-small
accounts · AA
2019-10-04
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2018-10-09
📄
accounts-with-accounts-type-small
accounts · AA
2017-11-23
➕
CURRIE, Kirsteen appointed
director
2017-11-23
➕
MACPHERSON, Duncan Joseph appointed
director
2015-03-04
➕
MACMILLAN, Calum Alexander appointed
director
2015-03-04
➕
PATERSON, Margaret Elizabeth appointed
director
2012-04-30
➖
FINNIE, John Bradford, Msp resigned
director
2012-04-30
➖
FOXLEY, Michael Ewen Macdonald, Dr resigned
director
2012-04-30
➖
FRASER, Hamish resigned
director
2010-02-01
➖
BOAG, David Iain resigned
director
2007-10-05
➕
CORMACK, Arthur Edward appointed
secretary
2007-10-05
➖
NICOLSON SECRETARIAL SERVICES LTD resigned
corporate-secretary
2007-10-05
➕
BOAG, David Iain appointed
director
2007-10-05
➕
CORMACK, Arthur Edward appointed
director
2007-10-05
➕
FINNIE, John Bradford, Msp appointed
director
2007-10-05
➕
FOXLEY, Michael Ewen Macdonald, Dr appointed
director
2007-10-05
➕
STODDART, George Keiller appointed
director
2007-08-09
➕
FRASER, Hamish appointed
director
2006-09-20
🏢
Company incorporated
As BLAS FESTIVAL LTD
2006-09-20
➕
FEISEAN NAN GAIDHEAL LTD appointed
corporate-director
2006-09-20
➕
NICOLSON SECRETARIAL SERVICES LTD appointed
corporate-secretary
2006-09-20
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
2006-09-20
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary

Owner dependency

60/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

+Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

43/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

secondary12+ year tenure: Director in role 20 years.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·

2 director resignations in last 12 months

medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: CORMACK, Arthur Edward resigned 2025-09-26; CORMACK, Arthur Edward resigned 2025-09-26

Group structure

Fèisean Nan Gàidheal is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Fèisean Nan Gàidheal

Corporate parent · holds 75-100% shares

ultimate parent

⬇

BLAS FESTIVAL LTD

This company · SC308889

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%

Name	Shares	Voting rights	Nature of control	Notified
Fèisean Nan Gàidheal Corporate entity	75–100%	—	75-100% shares	06/04/2016

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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COVESEA LIGHTHOUSE COMMUNITY COMPANY LIMITED→ SC427884 · est 2012 · no financials extracted	—	—	—	—	13y	—	—
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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

Incorporated2006-09-20

Jurisdictionscotland

Primary SIC90010 — Performing arts

Registered office

Meall House

Portree

Isle Of Skye

IV51 9BZ

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-10-04

Last: 2025-09-20

Officers (4 active · 12 resigned)

MACMILLAN, Calum Alexander→

secretary · appointed 2025-09-26

View their other companies + combined net worth →

Active

MACINNES, Katie Morrison→

director · ~27y · appointed 2024-03-08

View their other companies + combined net worth →

Active

MACMILLAN, Calum Alexander→

director · ~42y · appointed 2015-03-04

View their other companies + combined net worth →

Active

FEISEAN NAN GAIDHEAL LTD→

corporate-director · appointed 2006-09-20

View their other companies + combined net worth →

Active

CORMACK, Arthur Edward→

secretary · appointed 2007-10-05 · resigned 2025-09-26

Resigned

NICOLSON SECRETARIAL SERVICES LTD→

corporate-secretary · appointed 2006-09-20 · resigned 2007-10-05

Resigned

OSWALDS OF EDINBURGH LIMITED→

corporate-nominee-secretary · appointed 2006-09-20 · resigned 2006-09-20

Resigned

BOAG, David Iain→

director · ~54y · appointed 2007-10-05 · resigned 2010-02-01

Resigned

CORMACK, Arthur Edward→

director · ~61y · appointed 2007-10-05 · resigned 2025-09-26

Resigned

CURRIE, Kirsteen→

director · ~43y · appointed 2017-11-23 · resigned 2019-12-05

Resigned

FINNIE, John Bradford, Msp→

director · ~70y · appointed 2007-10-05 · resigned 2012-04-30

Resigned

FOXLEY, Michael Ewen Macdonald, Dr→

director · ~78y · appointed 2007-10-05 · resigned 2012-04-30

Resigned

FRASER, Hamish→

director · ~75y · appointed 2007-08-09 · resigned 2012-04-30

Resigned

MACPHERSON, Duncan Joseph→

director · ~61y · appointed 2017-11-23 · resigned 2019-12-01

Resigned

PATERSON, Margaret Elizabeth→

director · ~81y · appointed 2015-03-04 · resigned 2019-12-01

Resigned

STODDART, George Keiller→

director · ~78y · appointed 2007-10-05 · resigned 2023-12-31

Resigned

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

Recent filings (72 total)

accounts-with-accounts-type-small

accounts · AA

2025-10-29

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-10-06

termination-secretary-company-with-name-termination-date

officers · TM02

2025-10-06

termination-director-company-with-name-termination-date

officers · TM01

2025-10-06

appoint-person-secretary-company-with-name-date

officers · AP03

2025-10-06

accounts-with-accounts-type-small

accounts · AA

2024-10-22

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-09-20

appoint-person-director-company-with-name-date

officers · AP01

2024-03-14

termination-director-company-with-name-termination-date

officers · TM01

2024-01-10

accounts-with-accounts-type-small

accounts · AA

2023-12-01

change-person-director-company-with-change-date

officers · CH01

2023-10-23

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-10-23

accounts-with-accounts-type-small

accounts · AA

2022-11-01

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-10-26

accounts-with-accounts-type-small

accounts · AA

2021-11-03