GREAT WHITE LIMITED
🌱Startupactive
SC832658 · ltd · incorporated 2024-12-27
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
- 68320Management of real estate on a fee or contract basis
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 77/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 1.1y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 1.1 years old — likely still in initial term.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (56/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 3 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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
4 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (8 events)Click to expand
- 2025-06-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-06-04🔒Charge registered #2Lender: The Mortgage Works (UK) PLC
- 2025-04-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-08🔒Charge registered #1Lender: Mortgage Works (UK) PLC
- 2024-12-27🏢Company incorporatedAs GREAT WHITE LIMITED
- 2024-12-27➕BARELLE, Alexander John appointeddirector
- 2024-12-27➕BARELLE, Caroline Jane, Prof appointeddirector
- 2024-12-27📄incorporation-companyincorporation · NEWINC
Owner dependency
79/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +Young company: Only 1.3 years old — management layer unlikely to be developed.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- 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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Alexander John Barelle Individual · British · DOB 07/1965 · age 61 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 27/12/2024 |
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 · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GOODLAD PROPERTIES LIMITED→ SC278555 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| GORDON INVESTMENT CORPORATION LIMITED→ SC122112 · est 1989 · no financials extracted | — | — | — | — | 36y | — | — |
| GRAMPIAN HOMES LIMITED→ SC370080 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| GRAMPIAN PROPERTY BUYERS LTD→ SC711109 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| GRAND PROPERTIES ABERDEEN LTD→ SC712912 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| GRANITE CITY RENTALS LTD→ SC824447 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| GRANTON SA LTD→ SC808064 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| GREYMATTER PROPERTY INVESTMENTS LTD→ SC777380 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| GREYSTONES LETTINGS LTD→ SC852855 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| GRUHAM ASSETS LTD→ SC854448 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| GSS NEWBRIDGE LIMITED→ SC738460 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| GSX 46 LTD→ SC766545 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2024-12-27
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
Mill Of Rannieston
Udny
Ellon
Aberdeenshire
AB41 8NB
Scotland
Filing status
Accounts
Next due: 2026-09-27
Last made up to: —
Confirmation statement
Next due: 2027-01-09
Last: 2025-12-26
Officers (2 active · 0 resigned)
BARELLE, Alexander John→
Activedirector · ~61y · appointed 2024-12-27
View their other companies + combined net worth →
BARELLE, Caroline Jane, Prof→
Activedirector · ~56y · appointed 2024-12-27
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 3 properties | 04/06/2025 | — | |
| outstanding | Mortgage Works (UK) Mortgage Works (UK) PLC | A registered charge | 2 properties | 08/04/2025 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (4 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-11
incorporation-company
incorporation · NEWINC
2024-12-27