MILNER HOMES LIMITED
💤Zombieactive
01514782 · ltd · incorporated 1980-08-29
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
£-115.4k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: SIC 01420
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
- 01450SIC 01450
- 42990Construction of other civil engineering projects n.e.c.
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 75/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 9 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
11 live charges · 2 lenders · oldest 45.7y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 45.7 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
11 charges (11/11 with lender, 11/11 with type)
90
Directors & officers
6 officers (1 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
128 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £115,372
Net assets shrinking
Down £169,720 YoY
Cash YoY
+821%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£1k
↑ 821% YoY
Net Worth
-£115k
↓ 312% YoY
Current Assets
£282k
↑ 21% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-09-28 | 2023-09-28 |
|---|---|---|
| Total assets | £330.5k | £493.6k |
| Current assets | £281.6k | £233.7k |
| Cash | £1.5k | £161 |
| Debtors | £107.3k | £80.6k |
| Net assets | £-115.4k | £54.3k |
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
0
filings
Last 180 days
1
filing
- • 1 address
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
- 2026-01-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-10-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-10-24📄change-person-director-company-with-change-dateofficers · CH01
- 2023-09-28📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2023-06-28📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2022-09-07📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2022-08-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-08-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-08-08🔒Charge registered #11Lender: Together Commercial Finance Limited
- 2022-08-08🔒Charge registered #10Lender: Together Commercial Finance Limited
- 2021-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2014-10-21➖BROCK, Philip resignedsecretary
- 2011-08-15➖MILNER, Diane Catherine resigneddirector
- 2010-03-21➖MILNER, John resigneddirector
- 2004-10-05➕BROCK, Philip appointedsecretary
- 2004-07-06➖NEALE, Stuart resignedsecretary
- 1995-10-09➕NEALE, Stuart appointedsecretary
- 1995-10-09➖WIMPENNY, Vera resignedsecretary
- 1989-08-31🔒Charge registered #9Lender: Midland Bank PLC
- 1989-08-21🔒Charge registered #7Lender: Midland Bank PLC
- 1989-08-14🔒Charge registered #8Lender: Midland Bank PLC
- 1989-07-19🔒Charge registered #6Lender: Midland Bank PLC
- 1989-07-19🔒Charge registered #5Lender: Midland Bank PLC
- 1989-04-27🔒Charge registered #4Lender: Midland Bank PLC
- 1989-04-24🔒Charge registered #3Lender: Midland Bank PLC
- 1989-04-12🔒Charge registered #2Lender: Midland Bank PLC
- 1980-09-01🔒Charge registered #1Lender: Midland Bank PLC
- 1980-08-29🏢Company incorporatedAs MILNER HOMES LIMITED
Owner dependency
98/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder name in company name: Company name contains director surname "MILNER" — strong identity link between founder and business.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 46 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 low11 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Richard Milner Individual · British · DOB 03/1967 · age 59 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
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 →Similar companies
Active · Agriculture · HX postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BALEY MARINE LIMITED→ 10802756 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| BATES GREEN FARM LTD→ 13924066 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| BIOCHAR INNOVATIONS LIMITED→ 14173416 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| COLEY EQUINE & CATTLE LTD→ 15532933 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| GRAIN FARM LIMITED→ 01172752 · est 1974 · no financials extracted | — | — | — | — | 51y | — | — |
| KILN DRIED LOGS HALIFAX LTD→ 15500541 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| LOWER WYNTEREDGE FARM LTD→ 04897401 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| MEADOWBANK FARM YORK LIMITED→ 16947907 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| MILLHOUSE WORLD OF WOOD LIMITED→ 08211025 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| MYTHOLM FORESTRY LTD.→ 13953145 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| P & R ROBINSON LIMITED→ 04410163 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| PHANTOM KENNELZ LTD→ 15828198 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated1980-08-29
Jurisdictionengland-wales
Primary SIC01420 — SIC 01420
Registered office
12 Market Street
Hebden Bridge
West Yorkshire
HX7 6AD
England
Filing status
Accounts
Next due: 2026-06-28
Last made up to: 2024-09-28
Confirmation statement
Next due: 2026-11-05
Last: 2025-10-22
Officers (1 active · 5 resigned)
Active
BROCK, Philip→
Resignedsecretary · appointed 2004-10-05 · resigned 2014-10-21
NEALE, Stuart→
Resignedsecretary · appointed 1995-10-09 · resigned 2004-07-06
WIMPENNY, Vera→
Resignedsecretary · resigned 1995-10-09
MILNER, Diane Catherine→
Resigneddirector · ~86y · resigned 2011-08-15
MILNER, John→
Resigneddirector · ~87y · resigned 2010-03-21
Click a director name to see their full track record across all companies.
Mortgages & charges
11
Total charges
11
Outstanding
2
Active lenders
Status:Lender:11 of 11 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | — | 08/08/2022 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 08/08/2022 | — | |
| outstanding | Midland Bank Midland Bank PLC | Fixed and floating charge | 1 property | 31/08/1989 | — | |
| outstanding | Midland Bank Midland Bank PLC | Legal charge | 1 property | 21/08/1989 | — | |
| outstanding | Midland Bank Midland Bank PLC | Legal charge | 1 property | 14/08/1989 | — | |
| outstanding | Midland Bank Midland Bank PLC | Legal charge | 2 properties | 19/07/1989 | — | |
| outstanding | Midland Bank Midland Bank PLC | Legal charge | 1 property | 19/07/1989 | — | |
| outstanding | Midland Bank Midland Bank PLC | Legal charge | 2 properties | 27/04/1989 | — | |
| outstanding | Midland Bank Midland Bank PLC | Legal charge | 1 property | 24/04/1989 | — | |
| outstanding | Midland Bank Midland Bank PLC | Legal charge | 1 property | 12/04/1989 | — | |
| outstanding | Midland Bank Midland Bank PLC | Mortgage | 1 property | 01/09/1980 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (128 total)
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-10-24
change-person-director-company-with-change-date
officers · CH01
2023-10-24
change-account-reference-date-company-current-shortened
accounts · AA01
2023-09-28
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-06-28
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-26
change-account-reference-date-company-current-extended
accounts · AA01
2022-09-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-08-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-08-22