UPP (RACHEL MCMILLAN) LIMITED

⚰️Wound downdissolved
04226683 · ltd · incorporated 2001-06-01
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
63/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed dormant / non-trading — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 72/100. Strong seller-intent signal (75/100, director aged 64). Biggest value-creation lever: Consolidate lender relationships. 5 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 · 5 lenders · oldest 24.8y

35/100
too messy

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

  • · Oldest live charge is 24.8 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Legal-friction score 30/100 — workable, but lender will want more DD.

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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
19 officers (3 active, 19 linked, 13 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
130 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (72 events)Click to expand
  1. 2018-11-13
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2018-11-13
    🏁
    Company dissolved
  3. 2018-08-28
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2018-08-18
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2018-05-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2017-05-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2016-06-13
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  8. 2016-03-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2015-06-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  10. 2015-05-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2014-06-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2014-05-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2013-06-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2013-06-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2012-06-06
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2012-06-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2012-06-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2012-06-06
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  19. 2012-02-14
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  20. 2011-11-03
    📄
    legacy
    mortgage · MG02
  21. 2011-11-03
    📄
    legacy
    mortgage · MG02
  22. 2011-11-03
    📄
    legacy
    mortgage · MG02
  23. 2011-11-03
    📄
    legacy
    mortgage · MG02
  24. 2011-11-03
    📄
    legacy
    mortgage · MG02
  25. 2011-10-31
    🔓
    Charge satisfied #6
  26. 2011-10-31
    🔓
    Charge satisfied #5
  27. 2011-10-31
    🔓
    Charge satisfied #4
  28. 2011-10-31
    🔓
    Charge satisfied #3
  29. 2011-10-31
    🔓
    Charge satisfied #2
  30. 2008-10-15
    ➕
    BENKEL, Julian Christopher William appointed
    director
  31. 2008-10-15
    ➕
    O'SHEA, Sean appointed
    director
  32. 2008-10-15
    ➖
    CRAWFORD, Clive Wilson resigned
    director
  33. 2008-10-15
    ➖
    MATTHEWS, Andrew resigned
    director
  34. 2008-10-15
    ➖
    MCCLATCHEY, Robert Sean resigned
    director
  35. 2006-12-18
    🔓
    Charge satisfied #1
  36. 2005-05-04
    ➕
    BENKEL, Julian Christopher William appointed
    secretary
  37. 2005-01-29
    🔒
    Charge registered #6
    Lender: Nib Capital Bank N.V.
  38. 2005-01-04
    ➖
    SECRETARIAT SERVICES LIMITED resigned
    corporate-secretary
  39. 2004-06-15
    ➖
    BIRCH, Alan Edward resigned
    director
  40. 2004-06-15
    ➖
    JOHNSON, Robert Nigel resigned
    director
  41. 2004-02-11
    ➕
    JOHNSON, Robert Nigel appointed
    director
  42. 2004-02-11
    ➖
    SUTTON, Andrew John resigned
    director
  43. 2003-07-02
    ➕
    BIRCH, Alan Edward appointed
    director
  44. 2003-01-20
    🔒
    Charge registered #5
    Lender: Nib Capital N.V. as Security Trustee
  45. 2003-01-20
    🔒
    Charge registered #4
    Lender: Nib Capital Bank N.V.as Security Trustee
  46. 2002-12-04
    ➕
    MATTHEWS, Andrew appointed
    director
  47. 2002-12-04
    ➕
    MCCLATCHEY, Robert Sean appointed
    director
  48. 2002-11-28
    🔒
    Charge registered #3
    Lender: Nib Capital Bank N.V. as Security Agent
  49. 2002-11-08
    🔒
    Charge registered #2
    Lender: Nib Capital Bank N.V. as Security Agent
  50. 2002-10-28
    ➖
    MATTHEWS, Andrew resigned
    director
Showing most recent 50 of 72 events

Owner dependency

76/100
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.
  • +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

79/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 25 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 high · 1 med ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2018-11-13

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Upp Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Upp Group Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
UPP (RACHEL MCMILLAN) LIMITED
This company · 04226683

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%
NameSharesVoting rightsNature of controlNotified
Upp Group Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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 · Holding company · EC postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
1418LN LIMITED→
15137057 · est 2023 · no financials extracted
————2y——
18 HYDE PARK GARDENS FREEHOLD LIMITED→
07203825 · est 2010 · no financials extracted
————16y——
2 & 3 COTSWOLD MEWS (FREEHOLD) LIMITED→
11626164 · est 2018 · no financials extracted
————7y——
2 BLOCKS VENTURES LIMITED→
13247203 · est 2021 · no financials extracted
————5y——
23 LYTTON GROVE COMPANY LIMITED→
06712677 · est 2008 · no financials extracted
————17y——
25 AND 26 SHERWOOD COURT FREEHOLD LIMITED→
05988027 · est 2006 · no financials extracted
————19y——
26 PRIME LIMITED→
17003819 · est 2026 · no financials extracted
———————
27 27A 29 AND 29A HARLINGTON ROAD RESIDENTS COMPANY LIMITED→
02712358 · est 1992 · no financials extracted
————33y——
27K VENTURES LIMITED→
14581267 · est 2023 · no financials extracted
————3y——
29-31 JOHN`S MEWS RTM COMPANY LIMITED→
06445654 · est 2007 · no financials extracted
————18y——
2C HOLDINGS LTD→
16975725 · est 2026 · no financials extracted
———————
2MFP LTD→
15775842 · est 2024 · no financials extracted
————1y——
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

Statusdissolved
Typeltd
Incorporated2001-06-01
Jurisdictionengland-wales
Primary SIC74990 — Non-trading company

Registered office

40 Gracechurch Street
London
EC3V 0BT

Filing status

Accounts
Next due: —
Last made up to: 2017-08-31
Confirmation statement
Next due: —
Last: —

Officers (0 active · 16 resigned)

BENKEL, Julian Christopher William→
secretary · appointed 2005-05-04
View their other companies + combined net worth →
Active
BENKEL, Julian Christopher William→
director · ~64y · appointed 2008-10-15
View their other companies + combined net worth →
Active
O'SHEA, Sean→
director · ~63y · appointed 2008-10-15
View their other companies + combined net worth →
Active
HALLMARK SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 2001-06-01 · resigned 2001-06-18
Resigned
QUICKNESS LIMITED→
corporate-secretary · appointed 2001-06-18 · resigned 2001-06-27
Resigned
SECRETARIAT SERVICES LIMITED→
corporate-secretary · appointed 2001-06-27 · resigned 2005-01-04
Resigned
BIRCH, Alan Edward→
director · ~56y · appointed 2003-07-02 · resigned 2004-06-15
Resigned
CRAWFORD, Clive Wilson→
director · ~83y · appointed 2001-06-27 · resigned 2008-10-15
Resigned
JOHNSON, Robert Nigel→
director · ~68y · appointed 2004-02-11 · resigned 2004-06-15
Resigned
MASON, Geoffrey Keith Howard→
director · ~72y · appointed 2001-06-27 · resigned 2002-10-04
Resigned
MATTHEWS, Andrew→
director · ~64y · appointed 2002-12-04 · resigned 2008-10-15
Resigned
MATTHEWS, Andrew→
director · ~64y · appointed 2002-03-28 · resigned 2002-10-28
Resigned
MCCLATCHEY, Robert Sean→
director · ~61y · appointed 2002-12-04 · resigned 2008-10-15
Resigned
MCCLATCHEY, Robert Sean→
director · ~61y · appointed 2002-03-28 · resigned 2002-10-28
Resigned
MILNER, Paul George→
director · ~65y · appointed 2002-09-26 · resigned 2002-10-04
Resigned
SUTTON, Andrew John→
director · ~70y · appointed 2002-10-04 · resigned 2004-02-11
Resigned
WILSON, Gordon James→
director · ~59y · appointed 2002-09-26 · resigned 2002-10-04
Resigned
EXCELLET INVESTMENTS LIMITED→
corporate-director · appointed 2001-06-18 · resigned 2001-06-27
Resigned
HALLMARK REGISTRARS LIMITED→
corporate-nominee-director · appointed 2001-06-01 · resigned 2001-06-18
Resigned

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

Mortgages & charges

6
Total charges
0
Outstanding
0
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
satisfied
Nib Capital Bank N.V.
Supplemental debenture (to a debenture dated 8 november 2002)1 property29/01/200531/10/2011
satisfied
Nib Capital N.V. as Security Trustee
Subordinated supplemental debenture (being supplemental to a subordinated supplemental debenture dated 20 january 2003)2 properties20/01/200331/10/2011
satisfied
Nib Capital Bank N.V.as Security Trustee
Subordinated debenture2 properties20/01/200331/10/2011
satisfied
Nib Capital Bank N.V. as Security Agent
Supplemental debenture (supplemental to a debenture dated 8 november 2002)2 properties28/11/200231/10/2011
satisfied
Nib Capital Bank N.V. as Security Agent
Debenture1 property08/11/200231/10/2011
satisfied
Singer & Friedlaner
Singer & Friedlaner Limited
Mortgage debenture1 property31/07/200118/12/2006

Recent filings (130 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2018-11-13
gazette-notice-voluntary
gazette · GAZ1(A)
2018-08-28
dissolution-application-strike-off-company
dissolution · DS01
2018-08-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-06-05
accounts-with-accounts-type-micro-entity
accounts · AA
2018-05-29
confirmation-statement-with-updates
confirmation-statement · CS01
2017-06-02
accounts-with-accounts-type-micro-entity
accounts · AA
2017-05-17
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-06-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-03-14
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-06-05
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-05-21
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-06-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2014-05-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2013-06-04
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-06-03