18 MILLERS LTD
🏛️Establishedactive
12839983 · ltd · incorporated 2020-08-26
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 4.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueActive trading company with a 67-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (60/100, director aged 67). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
1 live charge · oldest 4.8y
75/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Charge age ~4.8 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 5 total, 5 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
28 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
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
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 |
|---|---|---|
| Average employees | 200 | 200 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 signals 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
1
filing
- • 1 accounts
Last 180 days
3
filings
- • 1 accounts
- • 1 confirmation-statement
- • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2026-03-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-01-30📄replacement-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP01CS01
- 2026-01-22📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-02-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-08-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-03-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-07-25🔓Charge satisfied #1
- 2023-03-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-31📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-01-31📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-01-30📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-01-30📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-01-30📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-03-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-08-20📄resolutionresolution · RESOLUTIONS
- 2021-08-20📄memorandum-articlesincorporation · MA
- 2021-08-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-08-13🔒Charge registered #1Lender: Hsbc UK Bank PLC
- 2021-06-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-06-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2020-08-26🏢Company incorporatedAs 18 MILLERS LTD
- 2020-08-26➕MICO, Stuart James appointeddirector
- 2020-08-26➕WEBSTER, David John appointeddirector
Owner dependency
78/100
High — earn-out structure requiredMaterial 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 67 — succession pressure is live.
- +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David John Webster Individual · British · DOB 07/1959 · age 67 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 30/01/2023 |
4 historic (ceased) PSCs
- Mr Stuart James Micoceased 31/10/2024· 25-50% shares · 25-50% voting
- Dwsm Limitedceased 30/01/2023· 75-100% shares · 75-100% voting
- Mr Stuart James Micoceased 31/05/2021· 25-50% shares · 25-50% voting
- Mr David John Websterceased 31/05/2021· 25-50% shares · 25-50% voting
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 · Property · WR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ADIL HAQUE LTD→ 16996553 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ADP (WORCESTER) LIMITED→ 11388362 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ADT COMMERCIAL LETS LIMITED→ 09545319 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| ADVANCED ESTATES GROUP LIMITED→ 12015753 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AESOP BUSINESS PARK MANCO LIMITED→ 13039206 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| AGA ORGEE LIMITED→ 12057302 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AGAM INVEST LTD→ 16666672 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AGATOM PROPERTY SOLUTIONS LTD→ 15942025 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AGI & MART PROPERTY LTD→ 14732488 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AH BROOMFIELD PROPERTIES LTD→ 15577143 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AHK PROPERTY CONSULTING SERVICES LIMITED→ 10363369 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| AHN POYSER PROPERTIES LTD→ 16570552 · 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
Incorporated2020-08-26
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
111-113 High St
Evesham
Worcestershire
WR11 4XP
United Kingdom
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-09-08
Last: 2025-08-25
Officers (2 active · 0 resigned)
MICO, Stuart James→
Activedirector · ~52y · appointed 2020-08-26
View their other companies + combined net worth →
WEBSTER, David John→
Activedirector · ~67y · appointed 2020-08-26
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 13/08/2021 | 25/07/2023 |
Recent filings (28 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-26
replacement-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP01CS01
2026-01-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-08-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-08-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-20
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-06
mortgage-satisfy-charge-full
mortgage · MR04
2023-07-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-01-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-01-31
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-01-30