BLAIN PROPERTIES LIMITED

🌱Startupactive
SC809788 · ltd · incorporated 2024-05-08
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
not disclosed
Net worth
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 70/100 (strong), bankability 65/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (58/100)

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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (5 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
18 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
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
2
filings
  • 2 officers
Last 90 days
3
filings
  • 2 officers
  • 1 accounts
Last 180 days
9
filings
  • 3 capital
  • 2 officers
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-04-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-04-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2026-02-05
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  4. 2025-12-10
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  5. 2025-12-10
    📄
    legacy
    capital · SH20
  6. 2025-12-10
    ⚠️
    legacy
    insolvency · CAP-SS
  7. 2025-12-10
    📄
    resolution
    resolution · RESOLUTIONS
  8. 2025-12-08
    📄
    capital-allotment-shares
    capital · SH01
  9. 2025-01-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2025-01-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2025-01-06
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2025-01-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2024-12-09
    📄
    capital-name-of-class-of-shares
    capital · SH08
  14. 2024-11-28
    📄
    memorandum-articles
    incorporation · MA
  15. 2024-11-28
    📄
    resolution
    resolution · RESOLUTIONS
  16. 2024-05-08
    🏢
    Company incorporated
    As BLAIN PROPERTIES LIMITED
  17. 2024-05-08
    MACGILLIVRAY, Carolyn appointed
    director
  18. 2024-05-08
    MACGILLIVRAY, Cecelia appointed
    director
  19. 2024-05-08
    MACGILLIVRAY, David Macinnes appointed
    director
  20. 2024-05-08
    MACGILLIVRAY, Donald appointed
    director
  21. 2024-05-08
    MACGILLIVRAY, Maria appointed
    director
  22. 2024-05-08
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

68/100
High — earn-out structure required

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

FACTORS
  • -5 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 84 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +Young company: Only 2.0 years old — management layer unlikely to be developed.

Succession & seller-readiness

20/100
No succession signal

No meaningful acquirability indicators from public data.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — MACGILLIVRAY, Carolyn (same surname) appointed 2024-05-08. Pattern consistent with intra-family handover.
  • primaryFounder aged 70+: Senior director is approximately 84 years old. Natural succession window is now.

Red flags

1 high ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2025-12-10: legacy

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr David Macinnes Macgillivray
Individual · British · DOB 07/1978 · age 48
2550%
25–50%25-50% shares · 25-50% voting28/11/2024
1 historic (ceased) PSC
  • Mr Jonathan Richard Miles Bellceased 28/11/2024· 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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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.

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Company details

Statusactive
Typeltd
Incorporated2024-05-08
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Blain Garage
Blain Garage
Acharacle
Argyll
PH36 4JY
Scotland

Filing status

Accounts
Next due: 2026-05-05
Last made up to:
Confirmation statement
Next due: 2026-12-22
Last: 2025-12-08

Officers (5 active · 0 resigned)

MACGILLIVRAY, Carolyn
director · ~50y · appointed 2024-05-08
View their other companies + combined net worth →
Active
MACGILLIVRAY, Cecelia
director · ~77y · appointed 2024-05-08
View their other companies + combined net worth →
Active
MACGILLIVRAY, David Macinnes
director · ~48y · appointed 2024-05-08
View their other companies + combined net worth →
Active
MACGILLIVRAY, Donald
director · ~84y · appointed 2024-05-08
View their other companies + combined net worth →
Active
MACGILLIVRAY, Maria
director · ~51y · appointed 2024-05-08
View their other companies + combined net worth →
Active

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

Recent filings (18 total)

change-person-director-company-with-change-date
officers · CH01
2026-04-21
change-person-director-company-with-change-date
officers · CH01
2026-04-21
change-account-reference-date-company-previous-shortened
accounts · AA01
2026-02-05
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2025-12-10
legacy
capital · SH20
2025-12-10
legacy
insolvency · CAP-SS
2025-12-10
resolution
resolution · RESOLUTIONS
2025-12-10
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-09
capital-allotment-shares
capital · SH01
2025-12-08
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-21
change-person-director-company-with-change-date
officers · CH01
2025-01-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-01-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-01-06
capital-name-of-class-of-shares
capital · SH08
2024-12-09