BELLAIR FOUR LIMITED

🌱Startupactive
SC824847 · ltd · incorporated 2024-10-04
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
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Turnover
not disclosed
Net worth
book net assets
Opportunity
77/100
Strong
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company 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 0.2y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Newest facility, 0.2 years old — likely still in initial term.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (59/100)

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

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
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
10 connected companies via shared directors
75
Filing history
7 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
2
filings
  • 2 mortgage
Last 180 days
3
filings
  • 2 mortgage
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2026-03-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2026-03-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2026-03-03
    🔒
    Charge registered #2
    Lender: Close Brothers Limited
  4. 2026-02-27
    🔒
    Charge registered #1
    Lender: Close Brothers Limited (Crn 195626)
  5. 2026-01-22
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  6. 2024-11-06
    📄
    memorandum-articles
    incorporation · MA
  7. 2024-11-06
    📄
    resolution
    resolution · RESOLUTIONS
  8. 2024-10-04
    🏢
    Company incorporated
    As BELLAIR FOUR LIMITED
  9. 2024-10-04
    CAMPBELL, Colin George appointed
    director
  10. 2024-10-04
    GEDDES, Crawford Brown appointed
    director
  11. 2024-10-04
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
High — earn-out structure required

Material 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 59 — approaching natural succession window.
  • +Young company: Only 1.6 years old — management layer unlikely to be developed.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

2 corporate shareholders identified. Group structure is distributed.

🏛️
Bellair (Scotland) Limited
Corporate parent · holds 25-50% shares
significant stake
🏛️
Cbrg Limited
Corporate parent · holds 25-50% shares
significant stake
BELLAIR FOUR LIMITED
This company · SC824847

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Bellair (Scotland) Limited
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting04/10/2024
Cbrg Limited
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting04/10/2024

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.

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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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2024-10-04
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

Unit 5 Gateway Business Park
Beancross Road
Grangemouth
FK3 8WX
Scotland

Filing status

Accounts
Next due: 2026-07-04
Last made up to:
Confirmation statement
Next due: 2026-10-17
Last: 2025-10-03

Officers (2 active · 0 resigned)

CAMPBELL, Colin George
director · ~40y · appointed 2024-10-04
View their other companies + combined net worth →
Active
GEDDES, Crawford Brown
director · ~59y · appointed 2024-10-04
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Close Brothers
Close Brothers Limited
A registered charge1 property03/03/2026
outstanding
Close Brothers
Close Brothers Limited (Crn 195626)
A registered charge27/02/2026
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (7 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-03
change-account-reference-date-company-previous-extended
accounts · AA01
2026-01-22
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-06
memorandum-articles
incorporation · MA
2024-11-06
resolution
resolution · RESOLUTIONS
2024-11-06
incorporation-company
incorporation · NEWINC
2024-10-04