BLANK CANVAS MORTGAGES LIMITED

🌱Startupactive
SC835108 · ltd · incorporated 2025-01-23
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Activities of mortgage finance companies
Sector: Financial & insurance
Investor take
Pursue
Active trading company with a 69-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 65/100. Strong seller-intent signal (60/100, director aged 69). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (57/100)

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
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
2 filings — limited history
30
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
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
90
Good data coverage for analysis.

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 (4 events)Click to expand
  1. 2025-01-23
    🏢
    Company incorporated
    As BLANK CANVAS MORTGAGES LIMITED
  2. 2025-01-23
    CONNOR, Raymond Thomas appointed
    director
  3. 2025-01-23
    PYNE, Rachel Mary appointed
    director
  4. 2025-01-23
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

78/100
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.
  • +Founder age: Director aged approximately 69 — succession pressure is live.
  • +Young company: Only 1.2 years old — management layer unlikely to be developed.

Succession & seller-readiness

56/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • 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

Buildstore Ltd holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Buildstore Ltd
Corporate parent · holds 25-50% shares · board control
significant stake
BLANK CANVAS MORTGAGES LIMITED
This company · SC835108

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

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Raymond Thomas Connor
Individual · British · DOB 12/1957 · age 69
2550%
25–50%board control25-50% shares · 25-50% voting · board control23/01/2025
Miss Rachel Mary Pyne
Individual · British · DOB 04/1975 · age 51
2550%
25–50%board control25-50% shares · 25-50% voting · board control23/01/2025
Buildstore Ltd
Corporate entity
2550%
25–50%board control25-50% shares · 25-50% voting · board control23/01/2025

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.

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Company details

Statusactive
Typeltd
Incorporated2025-01-23
Jurisdictionscotland
Primary SIC64922 — Activities of mortgage finance companies

Registered office

8 Houstoun Interchange Business Park
Livingston
EH54 5DW
Scotland

Filing status

Accounts
Next due: 2026-10-23
Last made up to:
Confirmation statement
Next due: 2027-02-05
Last: 2026-01-22

Officers (2 active · 0 resigned)

CONNOR, Raymond Thomas
director · ~69y · appointed 2025-01-23
View their other companies + combined net worth →
Active
PYNE, Rachel Mary
director · ~51y · appointed 2025-01-23
View their other companies + combined net worth →
Active

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

Recent filings (2 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-22
incorporation-company
incorporation · NEWINC
2025-01-23