BLUE SKY PROJECTS LIMITED
💤Zombieactive
SC761727 · ltd · incorporated 2023-03-09
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 Mar 2025
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 75/100 (strong), bankability 70/100. 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 (73/100).
Data confidence
Overall: high (81/100)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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
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 · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
3
filings
- • 1 confirmation-statement
- • 1 accounts
- • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
- 2025-12-09📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-11-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-06-12➕SINCLAIR, Andrew Donald appointeddirector
- 2024-06-12➖DUNCAN, Grant resigneddirector
- 2024-06-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-06-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-06-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-06-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-06-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-06-08📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-06-05📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-05-28📄gazette-notice-compulsorygazette · GAZ1
- 2023-03-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-03-09🏢Company incorporatedAs BLUE SKY PROJECTS LIMITED
- 2023-03-09➕DUNCAN, Grant appointeddirector
- 2023-03-09📄incorporation-companyincorporation · NEWINC
Owner dependency
83/100
Critical — business is the founderThe 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.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Andrew Donald Sinclair Individual · British · DOB 10/1963 · age 63 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 12/06/2024 |
1 historic (ceased) PSC
- Mr Grant Duncanceased 12/06/2024· 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 →Similar companies
Active · Property · KY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| C & M PROPERTIES (FIFE) LTD→ SC877778 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| C&L EVERGREEN LIMITED→ SC726192 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| CAMRYTH PROPERTIES LIMITED→ SC857577 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CANMORE PROPERTIES (SCOTLAND) LIMITED→ SC808447 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CARCRAIG PROPERTY INVESTMENTS LIMITED→ SC802022 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| CARGILL FAMILY LIMITED→ SC489896 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| CASTALIA LIMITED→ SC700087 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| CASTLE SANDS MANAGEMENT LTD→ SC883504 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| CASTLEBLAIR HOLDINGS LTD→ SC547703 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| CENTRAL BELT PROPERTIES LTD.→ SC222737 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| CHAPEL STREET LTD→ SC787815 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CHECK PROPERTY LTD→ SC820532 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2023-03-09
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Torridon House Torridon Lane
Rosyth
Dunfermline
KY11 2EU
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-22
Last: 2026-03-08
Officers (1 active · 1 resigned)
SINCLAIR, Andrew Donald→
Activedirector · ~63y · appointed 2024-06-12
View their other companies + combined net worth →
DUNCAN, Grant→
Resigneddirector · ~62y · appointed 2023-03-09 · resigned 2024-06-12
Click a director name to see their full track record across all companies.
Recent filings (15 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-11
accounts-with-accounts-type-dormant
accounts · AA
2025-12-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-11-20
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-25
appoint-person-director-company-with-name-date
officers · AP01
2024-06-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-12
termination-director-company-with-name-termination-date
officers · TM01
2024-06-12
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-06-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-06-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-12
gazette-filings-brought-up-to-date
gazette · DISS40
2024-06-08
accounts-with-accounts-type-dormant
accounts · AA
2024-06-05
gazette-notice-compulsory
gazette · GAZ1
2024-05-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-03-15
incorporation-company
incorporation · NEWINC
2023-03-09