BLUE SKIES (FIFE) LTD
🏛️Establishedactive
SC567176 · ltd · incorporated 2017-05-26
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 May 2025
Net worth
£23.5k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueAsset-holding vehicle with a 67-year-old founder — textbook succession opportunity.
Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 67). Share purchase looks the cleaner deal structure. 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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £23,532
Net assets shrinking
Down £2,341 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£24k
↓ 9.0% YoY
Current Assets
£4k
↓ 95% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £26.2k | £26.8k |
| Current assets | £3.5k | £71.2k |
| Net assets | £23.5k | £25.9k |
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
3
filings
- • 2 address
- • 1 accounts
Last 180 days
3
filings
- • 2 address
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
- 2026-02-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2026-02-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-02-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-05-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-04-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-03-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-03-06📄change-person-director-company-with-change-dateofficers · CH01
- 2024-03-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-03-05➕LINDSAY, Donald George appointeddirector
- 2024-02-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-11-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-02-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-02-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-02-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-06-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-05-26🏢Company incorporatedAs BLUE SKIES (FIFE) LTD
- 2017-05-26➕YULE, Iain appointeddirector
- 2017-05-26📄incorporation-companyincorporation · NEWINC
Owner dependency
78/100
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.
- +Founder age: Director aged approximately 67 — succession pressure is live.
- +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
56/100
Strong succession signalMultiple 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.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 lowMultiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Iain Yule Individual · British · DOB 06/1959 · age 67 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 26/05/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Property · KY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BELLBAIRD ENTERPRISES LIMITED→ SC507887 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| BELLNELL HOLDINGS LTD→ SC766619 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BENTHEAD DEVELOPMENTS LIMITED→ SC123999 · est 1990 · no financials extracted | — | — | — | — | 36y | — | — |
| BIRE PROPERTIES LIMITED→ SC828251 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BLEBO PROPERTY VENTURES LIMITED→ SC656338 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| BLUE BAY (FIFE) LIMITED→ SC833322 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BLUE BAY (OPAL) LIMITED→ SC812021 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BLUE SKY PROJECTS LIMITED→ SC761727 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| BLUEKEY PROPERTIES (SCOTLAND) LTD→ SC873079 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BMCS (SCOTLAND) LIMITED→ SC532315 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| BOMO LIMITED→ SC436172 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| BOX PROPERTY INVESTMENTS LIMITED→ SC276982 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
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
Incorporated2017-05-26
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
20 Robert Philp Road
Kirkcaldy
Fife
KY2 6PE
United Kingdom
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-08
Last: 2025-05-25
Officers (2 active · 0 resigned)
LINDSAY, Donald George→
Activedirector · ~67y · appointed 2024-03-05
View their other companies + combined net worth →
Active
Click a director name to see their full track record across all companies.
Recent filings (24 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-09
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-07
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-06
change-person-director-company-with-change-date
officers · CH01
2024-03-06
appoint-person-director-company-with-name-date
officers · AP01
2024-03-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-25
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-02
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-18