WHITES HOTEL (NEWCASTLE) LIMITED
⚰️Wound downdissolved
03293450 · ltd · incorporated 1996-12-17
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 27.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
59/100
Worth a look
What this business does
Primary activity: SIC 5510
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 59/100 (worth a look), 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: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 27.9y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 27.9 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: low (46/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
47 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
59/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
60
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
- 2010-06-15📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2010-06-15🏁Company dissolved
- 2010-03-31📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-03-31📄change-person-director-company-with-change-dateofficers · CH01
- 2010-03-02📄gazette-notice-voluntarygazette · GAZ1(A)
- 2010-02-23📄dissolution-application-strike-off-companydissolution · DS01
- 2010-02-09📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-07-23📍legacyaddress · 287
- 2009-04-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-03-19📄legacyannual-return · 363a
- 2008-12-29📍legacyaddress · 287
- 2008-12-24📄legacyannual-return · 363a
- 2008-01-31📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2007-02-27📄legacyannual-return · 363a
- 2007-02-08📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2006-07-17📄legacyannual-return · 363a
- 2006-03-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2005-05-31📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2005-01-12📄legacyannual-return · 363s
- 2004-09-30📄legacyannual-return · 363s
- 2003-08-26📄legacyofficers · 288b
- 2003-08-26📄legacyofficers · 288a
- 2003-08-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2003-08-08➕PURI, Anna appointeddirector
- 2003-08-08➖PURI, Subhash Chander, Dr resigneddirector
- 2003-05-11📄legacyannual-return · 363s
- 2003-03-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2002-10-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2001-03-29🔓Charge satisfied #1
- 2001-01-16🔒Charge registered #2Lender: Yorkshire Bank PLC
- 1998-06-29🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 1997-02-04➕PURI, Tripta appointedsecretary
- 1997-02-04➖PURI, Subhash Chander resignedsecretary
- 1997-02-04➕PURI, Subhash Chander, Dr appointeddirector
- 1997-02-04➖PURI, Tripta resigneddirector
- 1996-12-17🏢Company incorporatedAs WHITES HOTEL (NEWCASTLE) LIMITED
- 1996-12-17➕PURI, Subhash Chander appointedsecretary
- 1996-12-17➕SWIFT INCORPORATIONS LIMITED appointedcorporate-nominee-secretary
- 1996-12-17➖SWIFT INCORPORATIONS LIMITED resignedcorporate-nominee-secretary
- 1996-12-17➕PURI, Tripta appointeddirector
Owner dependency
85/100
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.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 29 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2010-06-15
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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
Statusdissolved
Typeltd
Incorporated1996-12-17
Jurisdictionengland-wales
Primary SIC5510 — SIC 5510
Registered office
Mclean House
Heber Street
Newcastle Upon Tyne
Tyne And Wear
NE4 5TN
Filing status
Accounts
Next due: —
Last made up to: 2009-03-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 4 resigned)
Active
Active
PURI, Subhash Chander→
Resignedsecretary · appointed 1996-12-17 · resigned 1997-02-04
SWIFT INCORPORATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 1996-12-17 · resigned 1996-12-17
PURI, Subhash Chander, Dr→
Resigneddirector · ~81y · appointed 1997-02-04 · resigned 2003-08-08
PURI, Tripta→
Resigneddirector · ~76y · appointed 1996-12-17 · resigned 1997-02-04
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Yorkshire Bank PLC | Debenture | 1 property | 16/01/2001 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Debenture | 1 property | 29/06/1998 | 29/03/2001 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (47 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2010-06-15
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-03-31
change-person-director-company-with-change-date
officers · CH01
2010-03-31
gazette-notice-voluntary
gazette · GAZ1(A)
2010-03-02
dissolution-application-strike-off-company
dissolution · DS01
2010-02-23
accounts-with-accounts-type-total-exemption-small
accounts · AA
2010-02-09
legacy
address · 287
2009-07-23
accounts-with-accounts-type-total-exemption-small
accounts · AA
2009-04-28
legacy
annual-return · 363a
2009-03-19
legacy
address · 287
2008-12-29
legacy
annual-return · 363a
2008-12-24
accounts-with-accounts-type-total-exemption-small
accounts · AA
2008-01-31
legacy
annual-return · 363a
2007-02-27
accounts-with-accounts-type-total-exemption-small
accounts · AA
2007-02-08
legacy
annual-return · 363a
2006-07-17