ANGUS MCPHIE (OPTOMETRISTS) LIMITED
💤Zombieactive
05320074 · ltd · incorporated 2004-12-23
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 Jun 2025
Net worth
£129.4k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Other human health activities
Sector: Human health & social work
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 77/100 (strong), bankability 85/100. Strong seller-intent signal (68/100, director aged 48). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: strategic trade sale (65/100).
🏦
Refinance opportunity
2 live charges · oldest 20.8y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 20.8 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (76/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
60 filings on record
85
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
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £129,355
Net assets shrinking
Down £13,950 YoY
Cash YoY
+1%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£102k
~ YoY
Net Worth
£129k
↓ 9.7% YoY
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Cash | £101.9k | £101.2k |
| Net assets | £129.4k | £143.3k |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2026-01-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-05-08📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-05-08🔓Charge satisfied #2
- 2021-05-08🔓Charge satisfied #1
- 2021-04-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-04📄change-person-secretary-company-with-change-dateofficers · CH03
- 2020-02-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-02-14📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-03-07📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-01-06📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2005-11-18🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2005-09-29🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2005-09-12➕MILLS, Maureen Anne appointedsecretary
- 2005-09-12➕MILLS, Ian Alan appointeddirector
- 2005-09-12➖BONDLAW SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2005-09-12➖BONDLAW DIRECTORS LIMITED resignedcorporate-nominee-director
- 2004-12-23🏢Company incorporatedAs ANGUS MCPHIE (OPTOMETRISTS) LIMITED
- 2004-12-23➕BONDLAW SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 2004-12-23➕BONDLAW DIRECTORS LIMITED appointedcorporate-nominee-director
Owner dependency
85/100
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.
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 22 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ian Alan Mills Individual · British · DOB 04/1978 · age 48 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Healthcare & medical · PL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BERE PENINSULA CARE LIMITED→ 04603361 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| BERKELEY PSYCHIATRISTS LTD→ 12615761 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BETHANY HOUSE CARE HOME (PLYMOUTH) LIMITED→ 15271998 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BLUE BUBBLE IMMERSIVE CIC→ 16048051 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BLUEROCK DENT LIMITED→ 13760505 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| BOULAIDICARE LIMITED→ 13707107 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| BRAINWORKTHERAPY LTD→ 11578220 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| BREAKWATER MEDICAL LIMITED→ 13661484 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| BREAKWATER PSYCHOLOGY LTD→ 16286885 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BRIGHT BEAMS DAY NURSERIES LIMITED→ 15458593 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BRIGHT EYES CHILDCARE LIMITED→ 09839234 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| BRINSDEN SURGICAL SERVICES LIMITED→ 09316577 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
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
Incorporated2004-12-23
Jurisdictionengland-wales
Primary SIC86900 — Other human health activities
Registered office
Angus Mcphie Optometrists
7 Market Street
Tavistock
Devon
PL19 0DA
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-12-23
Last: 2025-12-09
Officers (2 active · 2 resigned)
MILLS, Maureen Anne→
Activesecretary · appointed 2005-09-12
View their other companies + combined net worth →
MILLS, Ian Alan→
Activedirector · ~48y · appointed 2005-09-12
View their other companies + combined net worth →
BONDLAW SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2004-12-23 · resigned 2005-09-12
BONDLAW DIRECTORS LIMITED→
Resignedcorporate-nominee-director · appointed 2004-12-23 · resigned 2005-09-12
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 18/11/2005 | 08/05/2021 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 29/09/2005 | 08/05/2021 |
Recent filings (60 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-05
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-30
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-14
mortgage-satisfy-charge-full
mortgage · MR04
2021-05-08
mortgage-satisfy-charge-full
mortgage · MR04
2021-05-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-20
confirmation-statement-with-updates
confirmation-statement · CS01
2021-02-04
change-person-secretary-company-with-change-date
officers · CH03
2021-02-04