BIANCO PROPERTIES (GLASGOW) LIMITED

🌳Matureactive
SC525536 · ltd · incorporated 2016-01-29
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 10.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
—
book net assets
Opportunity
73/100
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
Pursue
Property-backed borrower with a 66-year-old founder — textbook succession opportunity.

Opportunity 73/100 (strong), bankability 65/100. Strong seller-intent signal (68/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

8 live charges · 2 lenders · oldest 10.0y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 10.0 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

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
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
40 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
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
74
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Jan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Average employees00

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
0
filings
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2025-07-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-05-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-05-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-05-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-05-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-05-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2024-05-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-06-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-09-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-07-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-04-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2021-04-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2021-04-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2021-04-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2020-09-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2019-08-29
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2019-08-27
    🔒
    Charge registered #8
    Lender: Handelsbanken PLC
  18. 2019-08-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2019-06-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2019-06-01
    🔓
    Charge satisfied #3
  21. 2019-05-27
    🔒
    Charge registered #5
    Lender: Handelsbanken PLC
  22. 2019-05-25
    🔓
    Charge satisfied #2
  23. 2019-05-25
    🔓
    Charge satisfied #1
  24. 2019-05-24
    🔒
    Charge registered #7
    Lender: Handelsbanken PLC
  25. 2019-05-24
    🔒
    Charge registered #6
    Lender: Handelsbanken PLC
  26. 2019-01-23
    🔒
    Charge registered #4
    Lender: Handelsbanken PLC
  27. 2017-01-27
    🔒
    Charge registered #3
    Lender: Aib Group (UK) PLC
  28. 2016-05-19
    🔒
    Charge registered #2
    Lender: Aib Group (UK) PLC
  29. 2016-05-02
    🔒
    Charge registered #1
    Lender: Aib Group (UK) PLC
  30. 2016-01-29
    🏢
    Company incorporated
    As BIANCO PROPERTIES (GLASGOW) LIMITED
  31. 2016-01-29
    ➕
    PERELLA, Eufemio appointed
    director
  32. 2016-01-29
    ➕
    PERELLA, Iolanda appointed
    director

Owner dependency

86/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 66 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

61/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med · 1 low
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

5 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Iolanda Perella
Individual · British · DOB 11/1963 · age 63
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Eufemio Perella
Individual · Italian · DOB 12/1960 · age 66
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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
Incorporated2016-01-29
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

15 Ingram Street
Glasgow
G1 1HA
Scotland

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-02-11
Last: 2026-01-28

Officers (2 active · 0 resigned)

PERELLA, Eufemio→
director · ~66y · appointed 2016-01-29
View their other companies + combined net worth →
Active
PERELLA, Iolanda→
director · ~63y · appointed 2016-01-29
View their other companies + combined net worth →
Active

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

Mortgages & charges

8
Total charges
5
Outstanding
1
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
outstanding
Handelsbanken
Handelsbanken PLC
A registered charge4 properties27/08/2019—
outstanding
Handelsbanken
Handelsbanken PLC
A registered charge1 property27/05/2019—
outstanding
Handelsbanken
Handelsbanken PLC
A registered charge1 property24/05/2019—
outstanding
Handelsbanken
Handelsbanken PLC
A registered charge1 property24/05/2019—
outstanding
Handelsbanken
Handelsbanken PLC
A registered charge—23/01/2019—
satisfied
Aib Group (UK)
Aib Group (UK) PLC
A registered charge—27/01/201701/06/2019
satisfied
Aib Group (UK)
Aib Group (UK) PLC
A registered charge1 property19/05/201625/05/2019
satisfied
Aib Group (UK)
Aib Group (UK) PLC
A registered charge—02/05/201625/05/2019
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (40 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-09
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-20
change-person-director-company-with-change-date
officers · CH01
2025-05-20
change-person-director-company-with-change-date
officers · CH01
2025-05-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-29
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-30
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-28
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-23