RALATH LIMITED
🌿Early-stageactive
SC702711 · ltd · incorporated 2021-06-28
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2024
Net worth
£-21.6k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)Distressed property-backed borrower — structural issues outweigh the discount.
Opportunity 71/100 (strong), bankability 62/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 3.6y
25/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Charge age ~3.6 years — mid-life; refi window approaching.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (80/100)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
3 charges (3/3 with lender, 3/3 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
2 connected companies via shared directors
51
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £21,641
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£22k
↓ 277% YoY
Current Assets
£14k
↑ 86% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-06-30 | 2023-06-30 |
|---|---|---|
| Total assets | £377.0k | £236.6k |
| Current assets | £13.9k | £7.5k |
| Net assets | £-21.6k | £-5.7k |
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 (19 events)Click to expand
- 2025-06-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-04-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-04-17🔒Charge registered #3Lender: Belmont Green Finance Limited Trading as Vida Homeloans Registered in England with Number 09837692, Registered Office at 1 Battle Bridge Lane, London, SE1 2HP
- 2023-06-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-06-16🔒Charge registered #2Lender: Vida Homeloans
- 2023-03-29📄change-person-director-company-with-change-dateofficers · CH01
- 2023-03-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-03-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-03-28📄change-person-director-company-with-change-dateofficers · CH01
- 2023-03-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-10-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-10-13🔒Charge registered #1Lender: Belmont Green Finance Limited Trading as Vida Homeloans
- 2022-03-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-03-07📄change-person-director-company-with-change-dateofficers · CH01
- 2021-06-28🏢Company incorporatedAs RALATH LIMITED
- 2021-06-28➕HUNTER WHELAN, Megan appointeddirector
- 2021-06-28➕WHELAN, Ryan Thomas appointeddirector
- 2021-06-28📄incorporation-companyincorporation · NEWINC
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ryan Thomas Whelan Individual · British · DOB 09/1987 · age 39 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 28/06/2021 |
Ms Megan Hunter Whelan Individual · British · DOB 07/1988 · age 38 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 28/06/2021 |
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 · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| SR PROPERTIES AND INVESTMENTS LIMITED→ SC867772 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| SSMCG LTD→ SC823523 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ST ANDREWS ESTATES (SCOTLAND) LIMITED→ SC271716 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| STAG PROPERTIES LTD.→ SC232325 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| STAR MANAGEMENT LTD→ SC725606 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| STATION HOUSE GLASGOW LTD→ SC210000 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| STAYSAGE LTD→ SC830302 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| STEYNE PROPERTY MANAGEMENT LTD→ SC705959 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| STG HOMES LTD→ SC796496 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| STIRLING PROPERTY SURVEY LTD→ SC847779 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| STONEFIELD ROOMS LTD→ SC611102 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| STORAGE WARZ LIMITED→ SC866171 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2021-06-28
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
2 Stewart Street
Milngavie
Glasgow
G62 6BW
Scotland
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2027-03-30
Last: 2026-03-16
Officers (2 active · 0 resigned)
HUNTER WHELAN, Megan→
Activedirector · ~38y · appointed 2021-06-28
View their other companies + combined net worth →
WHELAN, Ryan Thomas→
Activedirector · ~39y · appointed 2021-06-28
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
3
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Belmont Green Finance Trading as Vida Homeloans Registered in England with Number 09837692, Registered Office at 1 Battle Bridge Lane, London, SE1 2HP Belmont Green Finance Limited Trading as Vida Homeloans Registered in England with Number 09837692, Registered Office at 1 Battle Bridge Lane, London, SE1 2HP | A registered charge | 1 property | 17/04/2024 | — | |
| outstanding | Vida Homeloans | A registered charge | 1 property | 16/06/2023 | — | |
| outstanding | Belmont Green Finance Trading as Vida Homeloans Belmont Green Finance Limited Trading as Vida Homeloans | A registered charge | 1 property | 13/10/2022 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (18 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-10
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-06-27
change-person-director-company-with-change-date
officers · CH01
2023-03-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-03-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-28
change-person-director-company-with-change-date
officers · CH01
2023-03-28
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-10-13
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-16