BALNEAVES LIMITED

💤Zombieactive
SC606298 · ltd · incorporated 2018-08-24
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 Aug 2024
Net worth
£9.7k
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: SIC 47890
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 47910Retail sale via mail order houses or via Internet
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 71/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

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, 2 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 (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £9,718
Net assets shrinking
Down £9,267 YoY
Cash YoY
+58%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£9k
↑ 58% YoY
Net Worth
£10k
↓ 49% YoY
Current Assets
£37k
↓ 21% YoY
Current Liabilities
—
£0£9k£19k£28k£38k£47kAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-312023-08-31
Total assets£9.7k£19.0k
Current assets£37.0k£46.9k
Cash£8.8k£5.6k
Debtors£4.5k£7.4k
Net assets£9.7k£19.0k

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
1
filing
  • • 1 officers
Last 90 days
3
filings
  • • 1 officers
  • • 1 address
  • • 1 persons-with-significant-control
Last 180 days
3
filings
  • • 1 officers
  • • 1 address
  • • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-04-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-04-08
    ➖
    HUSH, Linda Margaret resigned
    director
  3. 2026-02-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2026-02-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-05-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2024-10-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-05-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-11-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2022-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2022-01-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2022-01-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2021-08-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2020-08-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2020-02-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2018-08-24
    🏢
    Company incorporated
    As BALNEAVES LIMITED
  17. 2018-08-24
    ➕
    HUSH, Kevin Robert appointed
    director
  18. 2018-08-24
    ➕
    HUSH, Linda Margaret appointed
    director
  19. 2018-08-24
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Kevin Robert Hush
Individual · Scottish · DOB 02/1980 · age 46
25–50%
25–50%25-50% shares · 25-50% voting24/08/2018
Mrs Linda Margaret Hush
Individual · Scottish · DOB 09/1949 · age 77
25–50%
25–50%25-50% shares · 25-50% voting24/08/2018

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

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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
Incorporated2018-08-24
Jurisdictionscotland
Primary SIC47890 — SIC 47890

Registered office

20 Whitehall Road
Chirnside
Duns
Berwickshire
TD11 3UB
Scotland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-09-01
Last: 2025-08-18

Officers (1 active · 1 resigned)

HUSH, Kevin Robert→
director · ~46y · appointed 2018-08-24
View their other companies + combined net worth →
Active
HUSH, Linda Margaret→
director · ~77y · appointed 2018-08-24 · resigned 2026-04-08
Resigned

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

Recent filings (22 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-04-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-11-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-01-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-01-10