BLUE SKY SOFTWARE TESTING LIMITED

💤Zombieactive

SC316818 · ltd · incorporated 2007-02-19

Investment thesis

Zombie company — trading but stalled; unlikely mover.

Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.

Why risky: No growth signal; thin margin for error on price.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Feb 2025

Net worth

£-22.8k

book net assets

Opportunity

80/100

Exceptional

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

What this business does

Primary activity: Management consultancy activities other than financial management

Sector: Professional, scientific & technical

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 62). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

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, 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

2 officers (2 active, 2 linked, 1 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

43 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Negative net assets

Liabilities exceed assets by £22,823

Very low cash

Cash position: £6

Cash YoY

+0%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£6

~ YoY

Net Worth

-£23k

~ YoY

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-02-28	2024-02-29
Total assets	£-22.8k	£-22.8k
Cash	£6	£6
Net assets	£-22.8k	£-22.8k

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

🔒Filing-note intelligence

2 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

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (18 events)Click to expand

2025-11-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-11-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-03-05
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2018-03-05
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2017-11-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-11-22
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-03-16
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-03-16
📄
change-person-director-company-with-change-date
officers · CH01
2015-12-02
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2007-02-19
🏢
Company incorporated
As BLUE SKY SOFTWARE TESTING LIMITED
2007-02-19
➕
MILNE, David appointed
secretary
2007-02-19
➕
MILNE, Barbara Lynne appointed
director

Owner dependency

98/100

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 19 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 62 — approaching natural succession window.
+No director turnover: Company is 19 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

78/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondary12+ year tenure: Director in role 19 years.
secondaryStable-but-static management: Company is 19 years old and no new directors in the last 3 years — succession not yet being planned internally.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Ms Barbara Lynne Milne Individual · British · DOB 07/1964 · age 62	75–100%	—	75-100% shares	01/02/2018

1 historic (ceased) PSC

Ms Barbara Lynne Milneceased 01/02/2018· 75-100% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Professional services · KA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
ACE ANIMAL CARE LTD→ SC737090 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
ADD ONE (SCOTLAND) LIMITED→ SC211286 · est 2000 · no financials extracted	—	—	—	—	25y	—	—
ADR ENGAGEMENT SERVICES LTD→ SC554065 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
AILSA BUSINESS SOLUTIONS LTD→ SC674406 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
ALLIAM COMMERCIAL SERVICES LIMITED→ SC558552 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
ARO-TIME CONSULTANCY LIMITED→ SC860303 · est 2025 · no financials extracted	—	—	—	—	—	—	—
AYRSHIRE FAMILY LAW LTD→ SC841384 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
BARNARLO DESIGN LIMITED→ SC880580 · est 2026 · no financials extracted	—	—	—	—	—	—	—
BEATON DIGITAL LTD→ SC833699 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
BENBLAIR CONSULTING LTD→ SC788835 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
BOLD MANGO MEDIA LTD→ SC717909 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
BONNEVILLE INSTRUMENTATION LIMITED→ SC507629 · est 2015 · no financials extracted	—	—	—	—	10y	—	—

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

Incorporated2007-02-19

Jurisdictionscotland

Primary SIC70229 — Management consultancy activities other than financial management

Registered office

Waulkmill Cottage

Highgate Mill

Beith

Ayrshire

KA15 1HZ

Filing status

Accounts

Next due: 2026-11-30

Last made up to: 2025-02-28

Confirmation statement

Next due: 2027-03-05

Last: 2026-02-19

Officers (2 active · 0 resigned)

MILNE, David→

secretary · appointed 2007-02-19

View their other companies + combined net worth →

Active

MILNE, Barbara Lynne→

director · ~62y · appointed 2007-02-19

View their other companies + combined net worth →

Active

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