BIMCO LTD

💤Zombieactive
SC477490 · ltd · incorporated 2014-05-13
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 May 2024
Net worth
£-608
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed dormant / non-trading — structural issues outweigh the discount.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 67). 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 (78/100)

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
Confirmed no charges registered
85
Directors & officers
4 officers (1 active, 4 linked, 2 with DOB)
80
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
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £608

Key financials

2 years extracted from filed iXBRL accounts
Cash
£102
Net Worth
-£608
Current Assets
£1k
Current Liabilities
—
-£608-£196£216£628£1k£1kMay 2023May 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-05-312023-05-31
Total assets£-608—
Current assets£1.5k—
Cash£102—
Debtors£1.4k—
Net assets£-608—

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
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-03-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-02-28
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2023-02-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2023-02-28
    📄
    capital-allotment-shares
    capital · SH01
  7. 2022-02-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-02-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-08-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-02-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-05-17
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2016-05-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2016-02-11
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2014-05-13
    🏢
    Company incorporated
    As BIMCO LTD
  17. 2014-05-13
    ➕
    BLAIR, Malcolm Ernest appointed
    director
  18. 2014-05-13
    ➕
    COSEC LIMITED appointed
    corporate-secretary
  19. 2014-05-13
    ➖
    COSEC LIMITED resigned
    corporate-secretary
  20. 2014-05-13
    ➕
    MCMEEKIN, James Stuart appointed
    director
  21. 2014-05-13
    ➖
    MCMEEKIN, James Stuart resigned
    director
  22. 2014-05-13
    ➕
    COSEC LIMITED appointed
    corporate-director
  23. 2014-05-13
    ➖
    COSEC LIMITED resigned
    corporate-director

Owner dependency

90/100
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.
  • +Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

70/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Malcolm Ernest Blair
Individual · British · DOB 02/1959 · age 67
50–75%
50–75%board control50-75% shares · 50-75% voting · board control06/04/2016
Mrs Lesley Mary Blair
Individual · British · DOB 03/1963 · age 63
25–50%
25–50%board control25-50% shares · 25-50% voting · board control14/05/2022

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

8 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
Incorporated2014-05-13
Jurisdictionscotland
Primary SIC74990 — Non-trading company

Registered office

6th Floor
Gordon Chambers 90 Mitchell Street
Glasgow
G1 3NQ

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-05-31
Confirmation statement
Next due: 2026-05-29
Last: 2025-05-15

Officers (1 active · 3 resigned)

BLAIR, Malcolm Ernest→
director · ~67y · appointed 2014-05-13
View their other companies + combined net worth →
Active
COSEC LIMITED→
corporate-secretary · appointed 2014-05-13 · resigned 2014-05-13
Resigned
MCMEEKIN, James Stuart→
director · ~59y · appointed 2014-05-13 · resigned 2014-05-13
Resigned
COSEC LIMITED→
corporate-director · appointed 2014-05-13 · resigned 2014-05-13
Resigned

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

Recent filings (32 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-23
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-02-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-02-28
capital-allotment-shares
capital · SH01
2023-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-16
confirmation-statement-with-updates
confirmation-statement · CS01
2021-05-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-14