BLEND (ERSKINE) LIMITED

🌿Early-stageactive
SC696893 · ltd · incorporated 2021-04-26
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Feb 2025
Net worth
£424
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: Unlicenced restaurants and cafes
Sector: Accommodation & food service
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 70/100 (strong), bankability 70/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: strategic trade sale (63/100).

Data confidence

Overall: high (82/100)

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
Confirmed no charges registered
85
Directors & officers
4 officers (3 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
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
Positive net assets
Net assets £424
High leverage
Liabilities are 100% of total assets
Leverage
100%
Liabilities / Total assets

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£424
↑ 12% YoY
Current Assets
£3k
↓ 57% YoY
Current Liabilities
£0£1k£2k£4k£5k£6kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-29
Total assets£3.1k£6.3k
Current assets£2.6k£6.1k
Net assets£424£379

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 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-05-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-10-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2023-09-30
    THAMES, Derrick Ryan resigned
    director
  5. 2023-05-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-04-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2022-06-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-05-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  9. 2022-04-29
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2022-04-13
    📄
    second-filing-of-director-appointment-with-name
    officers · RP04AP01
  11. 2022-04-06
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  12. 2022-02-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2022-02-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2022-02-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2022-02-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2022-02-17
    BANKS, Gregor appointed
    director
  17. 2022-02-17
    SALINS, Sundeep Michael appointed
    director
  18. 2022-02-17
    THAMES, Derrick Ryan appointed
    director
  19. 2021-04-26
    🏢
    Company incorporated
    As BLEND (ERSKINE) LIMITED
  20. 2021-04-26
    BAIRD, Alan Norman appointed
    director
  21. 2021-04-26
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

Red flags

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

Group structure

Epic Alternative Uk Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Epic Alternative Uk Limited
Corporate parent · holds 75-100% shares
ultimate parent
BLEND (ERSKINE) LIMITED
This company · SC696893

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%
NameSharesVoting rightsNature of controlNotified
Epic Alternative Uk Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting27/04/2021
1 historic (ceased) PSC
  • Mr Alan Norman Bairdceased 27/04/2021· 75-100% shares · 75-100% 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 →

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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
Incorporated2021-04-26
Jurisdictionscotland
Primary SIC56102 — Unlicenced restaurants and cafes

Registered office

12 Cairnmaith
Erskine
PA8 7FA
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-05-01
Last: 2026-04-17

Officers (3 active · 1 resigned)

BAIRD, Alan Norman
director · ~45y · appointed 2021-04-26
View their other companies + combined net worth →
Active
BANKS, Gregor
director · ~34y · appointed 2022-02-17
View their other companies + combined net worth →
Active
SALINS, Sundeep Michael
director · ~52y · appointed 2022-02-17
View their other companies + combined net worth →
Active
THAMES, Derrick Ryan
director · ~44y · appointed 2022-02-17 · resigned 2023-09-30
Resigned

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

Recent filings (20 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-29
termination-director-company-with-name-termination-date
officers · TM01
2023-10-02
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-04-29
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-05-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-04-29
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-29
second-filing-of-director-appointment-with-name
officers · RP04AP01
2022-04-13
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-04-06