BLUEFIN FRESH LTD

🌱Startupactive
SC837744 · ltd · incorporated 2025-02-14
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.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
67/100
Strong
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What this business does
Primary activity: Wholesale of other food, including fish, crustaceans and molluscs
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 46390Non-specialised wholesale of food, beverages and tobacco
  • 47220Retail sale of meat and meat products in specialised stores
  • 56290Other food services
Investor take
Pursue
Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 67/100 (strong), bankability 65/100. 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 (55/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 4 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
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
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
6
filings
  • 3 persons-with-significant-control
  • 2 officers
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2025-12-15
    ELIAS, Ambrose resigned
    director
  2. 2025-12-15
    JAMES, Allen resigned
    director
  3. 2025-12-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-12-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2025-12-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2025-12-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2025-12-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2025-07-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2025-07-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2025-07-16
    PLAPALLIYIL BALACHANDRAN, Sabu appointed
    director
  11. 2025-07-16
    ELIAS, Ambrose appointed
    director
  12. 2025-07-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2025-02-14
    🏢
    Company incorporated
    As BLUEFIN FRESH LTD
  14. 2025-02-14
    JAMES, Allen appointed
    director
  15. 2025-02-14
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
Critical — business is the founder

The 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.
  • +Young company: Only 1.2 years old — management layer unlikely to be developed.

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 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: ELIAS, Ambrose resigned 2025-12-15; JAMES, Allen resigned 2025-12-15

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Sabu Plapalliyil Balachandran
Individual · Indian · DOB 05/1991 · age 35
75100%
75–100%board control75-100% shares · 75-100% voting · board control14/02/2025
2 historic (ceased) PSCs
  • Mr Allen Jamesceased 15/12/2025· 25-50% shares · 25-50% voting · board control
  • Mr Ambrose Eliasceased 15/12/2025· 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.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Company details

Statusactive
Typeltd
Incorporated2025-02-14
Jurisdictionscotland
Primary SIC46380 — Wholesale of other food, including fish, crustaceans and molluscs

Registered office

10 Brandon Arcade
Motherwell
ML1 1RJ
Scotland

Filing status

Accounts
Next due: 2026-11-14
Last made up to:
Confirmation statement
Next due: 2027-01-30
Last: 2026-01-16

Officers (1 active · 2 resigned)

PLAPALLIYIL BALACHANDRAN, Sabu
director · ~35y · appointed 2025-07-16
View their other companies + combined net worth →
Active
ELIAS, Ambrose
director · ~32y · appointed 2025-07-16 · resigned 2025-12-15
Resigned
JAMES, Allen
director · ~30y · appointed 2025-02-14 · resigned 2025-12-15
Resigned

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

Recent filings (10 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-15
termination-director-company-with-name-termination-date
officers · TM01
2025-12-15
termination-director-company-with-name-termination-date
officers · TM01
2025-12-15
appoint-person-director-company-with-name-date
officers · AP01
2025-07-21
appoint-person-director-company-with-name-date
officers · AP01
2025-07-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-02
incorporation-company
incorporation · NEWINC
2025-02-14