BLACKRIDGE PHARMA LTD
🏛️Establishedactive
SC674799 · ltd · incorporated 2020-09-21
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 5.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2025
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Dispensing chemist in specialised stores
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 74/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
2 live charges · oldest 5.3y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 5.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (83/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-09-30 | 2024-09-30 |
|---|---|---|
| Total assets | — | £1.85M |
| Current assets | — | £817.8k |
| Cash | — | £154.3k |
| Debtors | — | £558.4k |
| Net assets | — | £-838.6k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 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
0
filings
Last 90 days
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2026-03-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-25📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-07-25📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-07-25📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-07-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-07-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-06-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-05-19➖JOHNSTON, Nicholas Ian resigneddirector
- 2022-09-27📄change-person-director-company-with-change-dateofficers · CH01
- 2022-06-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-02-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-02-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-02-01🔒Charge registered #1Lender: Unity Trust Bank PLC
- 2021-01-27🔒Charge registered #2Lender: Unity Trust Bank PLC
- 2021-01-22📄capital-allotment-sharescapital · SH01
- 2021-01-22📄capital-allotment-sharescapital · SH01
- 2020-09-21🏢Company incorporatedAs BLACKRIDGE PHARMA LTD
- 2020-09-21➕PERELLA, Davide appointeddirector
- 2020-09-21➕PERELLA, Jennifer Bice appointeddirector
- 2020-09-21➕JOHNSTON, Nicholas Ian appointeddirector
- 2020-09-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-09-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-09-21📄incorporation-companyincorporation · NEWINC
Owner dependency
66/100
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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Equal Share Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Equal Share Ltd
Corporate parent · holds 75-100% shares · board control
⬇
BLACKRIDGE PHARMA LTD
This company · SC674799
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 |
|---|---|---|---|---|
Equal Share Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 22/09/2020 |
2 historic (ceased) PSCs
- Mrs Jennifer Bice Perellaceased 02/07/2024· 25-50% shares · 25-50% voting · board control
- Mr Davide Perellaceased 02/07/2024· 25-50% shares · 25-50% voting · board control
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 →Similar companies
Active · Retail · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| PENTLAND KITCHENS LIMITED→ SC307579 · est 2006 | £710.4k £532.8k–£888.0k | — | — | 2000 | 19y | 83 | 63y |
| M&F FUNERAL SERVICES LIMITED→ SC365033 · est 2009 | £671.4k £503.6k–£839.3k | — | — | 1400 | 16y | 88 | 61y |
| LYON & TURNBULL LIMITED→ SC191166 · est 1998 | £551.7k £413.8k–£689.6k | — | — | 75 | 27y | 85 | 77y |
| FESTIVAL FRINGE TRADING LIMITED→ SC130813 · est 1991 | £497.4k £373.1k–£621.8k | — | — | 0 | 35y | 85 | 77y |
| DRINX.COM LIMITED→ SC203859 · est 2000 | — | — | £353.7k | — | 26y | 83 | 63y |
| GLASGOW ARCHITECTURAL SALVAGE LIMITED→ SC248258 · est 2003 · no financials extracted | — | — | — | — | 23y | 83 | 58y |
| GLENTERRIN LIMITED→ SC116076 · est 1989 | — | — | — | 7100 | 37y | 83 | 64y |
| GRAHAM TISO LIMITED→ SC081944 · est 1983 · no financials extracted | — | — | — | — | 43y | 83 | 60y |
| NGS TRADING COMPANY LIMITED→ SC312797 · est 2006 · no financials extracted | — | — | — | — | 19y | 83 | 68y |
| PLANET FLOWERS LTD.→ SC212761 · est 2000 | — | — | £208.8k | — | 25y | 83 | 78y |
| THE DORMANT DISTILLERY COMPANY LIMITED→ SC172078 · est 1997 | — | — | — | 64 | 29y | 83 | 62y |
| THE GREAT GROG COMPANY LIMITED→ SC194873 · est 1999 | — | — | £501.5k | — | 27y | 83 | 64y |
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
Incorporated2020-09-21
Jurisdictionscotland
Primary SIC47730 — Dispensing chemist in specialised stores
Registered office
Blackrock House
2-8 Millar Crescent
Edinburgh
Midlothian
EH10 5HW
Scotland
Filing status
Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-10-04
Last: 2025-09-20
Officers (2 active · 1 resigned)
PERELLA, Davide→
Activedirector · ~36y · appointed 2020-09-21
View their other companies + combined net worth →
PERELLA, Jennifer Bice→
Activedirector · ~42y · appointed 2020-09-21
View their other companies + combined net worth →
JOHNSTON, Nicholas Ian→
Resigneddirector · ~42y · appointed 2020-09-21 · resigned 2023-05-19
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Unity Trust Bank Unity Trust Bank PLC | A registered charge | — | 01/02/2021 | — | |
| outstanding | Unity Trust Bank Unity Trust Bank PLC | A registered charge | — | 27/01/2021 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (25 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-05
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-07-25
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-07-25
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-07-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-13
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-27
termination-director-company-with-name-termination-date
officers · TM01
2023-05-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-27
change-person-director-company-with-change-date
officers · CH01
2022-09-27