A J MILLS PROPERTIES LTD
🏛️Establishedactive
13188725 · ltd · incorporated 2021-02-09
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£197.6k
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and bankable structure.
Opportunity 73/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -61% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 4.9y
20/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~4.9 years — mid-life; refi window approaching.
- · Two lenders — manageable, but coordination required.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
50
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 £197,602
Net assets shrinking
Down £33,997 YoY
Cash draining
Cash down 61% YoY
Cash YoY
-61%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£1k
↓ 61% YoY
Net Worth
£198k
↓ 15% YoY
Current Assets
£26k
↑ 205% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £955.6k | £623.5k |
| Current assets | £25.7k | £8.4k |
| Cash | £1.3k | £3.3k |
| Debtors | £24.4k | £5.1k |
| Net assets | £197.6k | £231.6k |
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
7
filings
- • 3 officers
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2026-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-03-23📄change-person-director-company-with-change-dateofficers · CH01
- 2026-03-23📄change-person-director-company-with-change-dateofficers · CH01
- 2026-03-23📄change-person-director-company-with-change-dateofficers · CH01
- 2026-03-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-03-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-08-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-01🔒Charge registered #3Lender: National Westminster Bank PLC
- 2024-06-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-04📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-04-30📄gazette-notice-compulsorygazette · GAZ1
- 2023-06-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-01-30🔒Charge registered #2Lender: National Westminster Bank PLC
- 2023-01-20📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2023-01-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-01-16➕MILLS, Maria Florence Emma appointeddirector
- 2023-01-05📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2021-09-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-08-31🔒Charge registered #1Lender: Aldermore Bank PLC
- 2021-02-09🏢Company incorporatedAs A J MILLS PROPERTIES LTD
- 2021-02-09➕MILLS, Jordan Adam Samuel appointeddirector
- 2021-02-09📄incorporation-companyincorporation · NEWINC
Owner dependency
86/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "MILLS" — strong identity link between founder and business.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- 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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Jordan Adam Samuel Mills Individual · British · DOB 07/1990 · age 36 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 09/02/2021 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| A & C PROPERTY (MIDLANDS) LIMITED→ 11907053 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| A GREEN BUILT HOME LIMITED→ 14427529 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| A.I.C. COMMERCIAL PROPERTIES LIMITED→ 16253260 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| A.J.MACKANESS LIMITED→ 00409752 · est 1946 · no financials extracted | — | — | — | — | 79y | — | — |
| ADAMS & ASSOCIATES DEVELOPMENTS LTD→ 12116970 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ADONAI HEALTHCARE VENTURES LTD→ 10812023 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AFIZ AMINA LTD→ 16365026 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AFP LIMITED→ 05407990 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| AGAMAR HOUSES LTD→ 12468347 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| AGENCEE GROUP LIMITED→ 12253512 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AGM LETTINGS LTD→ 14367445 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AGNES JAMES LTD→ 10211281 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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
Incorporated2021-02-09
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate
Registered office
Unit 1a Millbuck Industrial Estate
Stoke Road
Desborough
Northamptonshire
NN14 2SR
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-22
Last: 2026-02-08
Officers (2 active · 0 resigned)
MILLS, Jordan Adam Samuel→
Activedirector · ~36y · appointed 2021-02-09
View their other companies + combined net worth →
MILLS, Maria Florence Emma→
Activedirector · ~37y · appointed 2023-01-16
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 01/11/2024 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 30/01/2023 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 31/08/2021 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (23 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-31
change-person-director-company-with-change-date
officers · CH01
2026-03-23
change-person-director-company-with-change-date
officers · CH01
2026-03-23
change-person-director-company-with-change-date
officers · CH01
2026-03-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-14
gazette-filings-brought-up-to-date
gazette · DISS40
2024-05-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-01
gazette-notice-compulsory
gazette · GAZ1
2024-04-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-09