MILLTEK SPORT LIMITED
🌳Matureactive
01722682 · ltd · incorporated 1983-05-12
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 25990
Sector: Manufacturing
Investor take
PursueActive trading company with a 73-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (73/100, director aged 73). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
6 live charges · 4 lenders · oldest 38.9y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 38.9 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (60/100)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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
6 officers (4 active, 6 linked, 5 with DOB)
87
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
137 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
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 (33 events)Click to expand
- 2025-10-01📄accounts-with-accounts-type-fullaccounts · AA
- 2024-10-07📄accounts-with-accounts-type-fullaccounts · AA
- 2023-10-10📄accounts-with-accounts-type-fullaccounts · AA
- 2022-09-27📄accounts-with-accounts-type-fullaccounts · AA
- 2021-09-24📄accounts-with-accounts-type-smallaccounts · AA
- 2020-09-17📄accounts-with-accounts-type-smallaccounts · AA
- 2019-12-19📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-12-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-12-19🔓Charge satisfied #5
- 2019-12-18🔒Charge registered #6Lender: Ashmead Investments Limited
- 2019-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-02-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-02-01🔒Charge registered #5Lender: Ashmead Investments Limited
- 2018-01-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2018-01-22🔓Charge satisfied #4
- 2017-10-13📄change-person-director-company-with-change-dateofficers · CH01
- 2017-10-13📄change-person-director-company-with-change-dateofficers · CH01
- 2017-10-13📄change-person-secretary-company-with-change-dateofficers · CH03
- 2017-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2015-11-25🔒Charge registered #4Lender: Philip Millington Limited as Trustees of the Falcon Exhausts Limited Retirement Benefit Scheme
- 2015-10-08🔓Charge satisfied #1
- 2015-07-15🔓Charge satisfied #3
- 2013-09-01➕POUND, Steven William appointeddirector
- 2000-03-10🔓Charge satisfied #2
- 1998-04-01➕MILLINGTON, Caroline Ann appointeddirector
- 1996-10-22➖MARSHALL, David John resigneddirector
- 1995-02-01➕MARSHALL, David John appointeddirector
- 1992-06-30➖ROWLEY, James resigneddirector
- 1989-04-28🔒Charge registered #3Lender: 3I PLC
- 1987-07-20🔒Charge registered #2Lender: National Westminster Bank PLC
- 1987-07-20🔒Charge registered #1Lender: National Westminster Bank PLC
- 1983-05-12🏢Company incorporatedAs MILLTEK SPORT LIMITED
Owner dependency
83/100
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
- +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 73 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
90/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 43 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Mantawin Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Mantawin Limited
Corporate parent · holds 75-100% shares
⬇
MILLTEK SPORT LIMITED
This company · 01722682
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mantawin Limited Corporate entity | 75–100% | — | 75-100% shares | 22/04/2016 |
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
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|---|---|---|---|---|---|---|---|
| A POLE SERVICES LTD→ 16723179 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A.P.A. DESIGN CONSULTANTS LIMITED→ 02947690 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
| ADT SITE SERVICES LIMITED→ 04810636 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| AGUA-TEK LIMITED→ 07640154 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| AK UPHOLSTERY LTD→ 15264586 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AKERS AVIA LTD→ 15981821 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AKRAMATIC ENGINEERING CO. LIMITED→ 00896426 · est 1967 · no financials extracted | — | — | — | — | 59y | — | — |
| ALEXIUS POWER ENGINEERING LIMITED→ 16597736 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALLIED BRAND PACKAGING LIMITED→ 10905982 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AM FABRICATION SERVICE LTD→ 11573699 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AMBER VALLEY SOUND WORKS LTD→ 16036803 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AMIGO GOLF LTD→ 16494333 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated1983-05-12
Jurisdictionengland-wales
Primary SIC25990 — SIC 25990
Registered office
Unit 8 Victoria Way, Pride Park
Derby
Derbyshire
DE24 8AN
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-05-08
Last: 2026-04-24
Officers (4 active · 2 resigned)
Active
MILLINGTON, Caroline Ann→
Activedirector · ~67y · appointed 1998-04-01
View their other companies + combined net worth →
Active
POUND, Steven William→
Activedirector · ~48y · appointed 2013-09-01
View their other companies + combined net worth →
MARSHALL, David John→
Resigneddirector · ~66y · appointed 1995-02-01 · resigned 1996-10-22
ROWLEY, James→
Resigneddirector · ~66y · resigned 1992-06-30
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
1
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Ashmead Investments Ashmead Investments Limited | A registered charge | 1 property | 18/12/2019 | — | |
| satisfied | Ashmead Investments Ashmead Investments Limited | A registered charge | 1 property | 01/02/2018 | 19/12/2019 | |
| satisfied | Philip Millington as Trustees of the Falcon Exhausts Retirement Benefit Scheme / Tm Trustees as Trustees of the Falcon Exhausts Retirement Benefit Scheme / Caroline Millington as Trustees of the Falcon Exhausts Retirement Benefit Scheme Philip Millington Limited as Trustees of the Falcon Exhausts Limited Retirement Benefit Scheme / Tm Trustees Limited as Trustees of the Falcon Exhausts Limited Retirement Benefit Scheme / Caroline Millington Limited as Trustees of the Falcon Exhausts Limited Retirement Benefit Scheme | A registered charge | 1 property | 25/11/2015 | 22/01/2018 | |
| satisfied | 3I 3I PLC | Debenture | 2 properties | 28/04/1989 | 15/07/2015 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 20/07/1987 | 10/03/2000 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 20/07/1987 | 08/10/2015 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (137 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-24
accounts-with-accounts-type-full
accounts · AA
2025-10-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-09
accounts-with-accounts-type-full
accounts · AA
2024-10-07
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-26
accounts-with-accounts-type-full
accounts · AA
2023-10-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-28
accounts-with-accounts-type-full
accounts · AA
2022-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-25
accounts-with-accounts-type-small
accounts · AA
2021-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-16
accounts-with-accounts-type-small
accounts · AA
2020-09-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2019-12-19
mortgage-satisfy-charge-full
mortgage · MR04
2019-12-19