MILLERS (NOMINEES) LIMITED

🌳Matureactive

SC021667 · ltd · incorporated 1941-03-03

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

Why now

Window closing · medium confidence

Getting harder to buy cheaply — 1 signals strengthening over the last 30 days.

· Hygiene score: 75 → 90

What changed my view

Last 30 days

Picture improved over the last 30 days — 1 positive signal vs 0 negative.

↑Hygiene score: 75 → 90

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Sept 2024

Net worth

—

book net assets

Opportunity

81/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Acting as a dormant nominee or holding vehicle incorporated in Scotland, this long-established entity most likely holds assets, shares, or acts in a nominee capacity on behalf of other parties, with no active trading operations evident from its non-trading SIC classification and micro-entity accounts.

Primary activity: Non-trading company

Sector: Professional, scientific & technical

Investor take

Pursue

Dormant / non-trading with a 66-year-old founder — textbook succession opportunity.

Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (73/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

36 officers (5 active, 36 linked, 34 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

9 connected companies via shared directors

Filing history

151 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

81/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

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	2024-09-30	2023-09-30
Average employees	0	0

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

filing

• 1 confirmation-statement

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (76 events)Click to expand

2025-05-21
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-05-21
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-05-09
➖
FRENZ, Amanda Jane resigned
director
2025-05-09
➖
FRENZ, Richard Alan resigned
director
2025-04-25
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-04-24
➖
FITZGERALD, Alison Louise resigned
director
2025-04-11
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-21
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-09
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-01-17
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-30
➖
MACLEOD, Alasdair Donald resigned
director
2021-10-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-06
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-07-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-07-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-07-01
➕
FITZGERALD, Alison Louise appointed
director
2020-06-30
➖
FRASER, Caroline Allison resigned
director
2019-10-14
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-04-25
➕
BOATH, Ernest Sinclair appointed
secretary
2019-04-25
➖
STEVEN, Alaisdair John Lawrie resigned
secretary
2019-04-25
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2019-04-25
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2018-12-03
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-07-10
📄
termination-director-company-with-name-termination-date
officers · TM01
2018-06-23
➖
HOPE, Jeffrey Allan resigned
director
2017-07-01
➖
MATTHEW, Alan Stuart resigned
director
2016-07-01
➕
FRASER, Caroline Allison appointed
director
2016-07-01
➕
MACLEOD, Alasdair Donald appointed
director
2014-08-25
➖
MATTHEW, Eileen Agnes resigned
director
2014-06-16
➖
CLARK, Michael Robert Forman resigned
director
2011-07-01
➖
RENNET, Miriam Fraser resigned
director
2010-09-30
➖
MASON, Anthony resigned
director
2010-05-13
➖
ADAMS, Jennifer Elizabeth Mary resigned
director
2009-06-26
➖
DORWARD, Alastair Gilmour resigned
director
2008-06-30
➖
WOOD, Kenneth Harry resigned
director
2008-03-10
➖
RENFREW, Pamela Jean resigned
director
2007-07-01
➕
DUNCAN, Alistair Ross appointed
director
2005-06-30
➖
LAMOND, Alexander David resigned
director
2005-06-30
➖
LINDSAY, Allan Home resigned
director
2005-06-01
➕
MASON, Anthony appointed
director
2005-06-01
➕
RENFREW, Pamela Jean appointed
director
2004-06-30
➖
RITCHIE, George Fraser resigned
director
2004-04-23
➖
MCGREGOR, Paul Richard resigned
director
2003-10-24
➕
BOATH, Ernest Sinclair appointed
director
2002-12-31
➖
WALLACE, David James resigned
director
2001-11-28
➕
FRENZ, Amanda Jane appointed
director
2001-11-21
➖
ANDERSON, Alastair Hamilton resigned
director
2001-11-19
➖
LAMOND, Iain William resigned
director
2001-04-10
➖
DRYSDALE, Neil resigned
director
2000-05-30
➕
CLARK, Michael Robert Forman appointed
director

Showing most recent 50 of 76 events

Owner dependency

65/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 33 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

80/100

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 66. Approaching typical UK retirement age — succession thinking likely.
primary20+ year tenure: Director in role 33 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 85 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

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

🔒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 · PH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
QUIN GLOBAL HOLDINGS LTD→ SC598159 · est 2018	£821.8k £698.5k–£945.1k	—	£821.8k	—	8y	79	71y
BRICKDECOR LIMITED→ SC223794 · est 2001	£160.6k £136.5k–£184.7k	—	£160.6k	—	24y	82	70y
REALISE ENERGY LIMITED→ SC438088 · est 2012	£36.2k £30.8k–£41.7k	—	£36.2k	—	13y	79	61y
TELEWORK SCOTLAND LTD.→ SC199241 · est 1999	£5 £4–£6	—	£5	—	26y	80	71y
STEWARTS PRODUCE LIMITED→ SC509801 · est 2015	—	—	—	516	10y	83	66y
MACNAUGHTONS LIMITED→ SC246304 · est 2003	—	—	—	2	23y	82	73y
TAYLORS FOOD GROUP LIMITED→ SC335705 · est 2007	—	—	—	0	18y	82	62y
BANDIRRAN ESTATES LIMITED→ SC022067 · est 1942 · no financials extracted	—	—	—	—	84y	81	72y
CAMPHILL CENTRAL SCOTLAND SOCIAL FUND LIMITED→ SC168853 · est 1996 · no financials extracted	—	—	—	—	29y	81	73y
ANNAT POINT (HOLDINGS) LIMITED→ SC522764 · est 2015	—	—	—	4	10y	80	72y
CAMVO 91 LIMITED→ SC259120 · est 2003	—	—	—	—	22y	80	69y
DRUNZIETEK LTD→ SC385950 · est 2010	—	—	—	0	15y	80	72y

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

Incorporated1941-03-03

Jurisdictionscotland

Primary SIC74990 — Non-trading company

Registered office

10 Blackfriars Street

Perth

PH1 5NS

Filing status

Accounts

Next due: 2026-06-30

Last made up to: 2024-09-30

Confirmation statement

Next due: 2027-05-09

Last: 2026-04-25