R.S.M. MILNE (DYKELANDS) LIMITED

🌳Matureactive

SC030118 · ltd · incorporated 1954-06-11

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Why now

Window steady · low confidence

Steady and tidy — no seller pressure yet. Approach only if an angle opens.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 8.1y old — refinance window within 12 months

What changed my view

Last 30 days

No material changes in the last 30 days.

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 May 2025

Net worth

—

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: Growing of cereals (except rice), leguminous crops and oil seeds

Sector: Agriculture, forestry & fishing

Investor take

Pursue

Active trading company with a 81-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (63/100, director aged 81). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 8.1y

85/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 8.1 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: high (84/100)

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

7 officers (3 active, 7 linked, 6 with DOB)

Ownership & PSC

2 active PSC(s) of 4 total, 4 with control declared

Director network

26 connected companies via shared directors

Filing history

100 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

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 · FRS 102

Metric	2025-05-31	2024-05-31
Average employees	600	700

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (25 events)Click to expand

2025-10-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-10
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-11-10
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-11-10
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-01-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-02-04
📄
capital-cancellation-shares
capital · SH06
2019-01-28
📄
resolution
resolution · RESOLUTIONS
2019-01-28
📄
capital-return-purchase-own-shares
capital · SH03
2019-01-23
➖
MILNE, Robert John resigned
secretary
2019-01-23
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2019-01-23
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2018-10-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-05-24
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2018-05-21
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
2017-09-19
➖
MILNE, Robert John resigned
director
2017-05-24
➕
MILNE, Jonathon Alexander appointed
director
2017-05-24
➕
MILNE, Richard Todd appointed
director
2002-04-01
➖
MILNE, Robert Shaw resigned
director
1999-11-18
➖
MILNE, Gladys Catherine resigned
director
1954-06-11
🏢
Company incorporated
As R.S.M. MILNE (DYKELANDS) LIMITED

Owner dependency

88/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS

+Founder name in company name: Company name contains director surname "MILNE" — strong identity link between founder and business.
+Founder age: Director aged approximately 81 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

70/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 81 years old. Natural succession window is now.
secondaryStable-but-static management: Company is 72 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

clean

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

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Jonathon Alexander Milne Individual · British · DOB 05/1970 · age 56	25–50%	25–50%	25-50% shares · 25-50% voting	25/01/2019
Mr Richard Todd Milne Individual · British · DOB 11/1971 · age 55	25–50%	25–50%	25-50% shares · 25-50% voting	25/01/2019

2 historic (ceased) PSCs

Mr John Todd Milneceased 24/01/2020· 25-50% shares · 25-50% voting
Mr Robert John Milneceased 23/01/2019· 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 · Agriculture · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
EAST COAST VINERS (PEAS AND BEANS) LIMITED→ SC465480 · est 2013	£8.08M £6.21M–£9.94M	£13.37M	—	1800	12y	85	79y
TREETOP FORESTRY LIMITED→ SC292083 · est 2005	£5.00M £3.85M–£6.15M	£12.98M	—	4600	20y	87	72y
ALTNAHARRA ESTATE LIMITED→ SC228455 · est 2002	£634.2k £487.8k–£780.5k	—	—	8	24y	85	71y
CHALLENGE FISHING COMPANY LIMITED→ SC192237 · est 1998	—	—	—	6	27y	83	69y
FORTRIE FARMS LIMITED→ SC158055 · est 1995	—	—	—	10	31y	83	76y
GARDINER ICM LIMITED→ SC197812 · est 1999	—	—	£2.60M	—	26y	83	64y
LORANTHUS FISHING COMPANY LIMITED→ SC312585 · est 2006	—	—	—	0	19y	83	70y
M B AQUARIUS LIMITED→ SC259115 · est 2003	—	—	—	0	22y	83	70y
M.V. QUANTUS LIMITED→ SC150141 · est 1994	—	—	£32.29M	—	32y	83	69y
MEARNS TRACTORS LIMITED→ SC261246 · est 2003	—	—	—	1	22y	83	62y
SHANNON FISHING LIMITED→ SC157000 · est 1995	—	—	£24.40M	—	31y	83	79y
UNITED FISH SELLING LIMITED→ SC077168 · est 1982	—	—	—	200	44y	83	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.

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Company details

Statusactive

Typeltd

Incorporated1954-06-11

Jurisdictionscotland

Primary SIC01110 — Growing of cereals (except rice), leguminous crops and oil seeds

Registered office

Dykelands

By Laurencekirk

Kincardineshire

AB30 1UP

Filing status

Accounts

Next due: 2027-02-28

Last made up to: 2025-05-31

Confirmation statement

Next due: 2026-11-08

Last: 2025-10-25

Officers (3 active · 4 resigned)

MILNE, John Todd→

director · ~81y

View their other companies + combined net worth →

Active

MILNE, Jonathon Alexander→

director · ~56y · appointed 2017-05-24

View their other companies + combined net worth →

Active

MILNE, Richard Todd→

director · ~55y · appointed 2017-05-24

View their other companies + combined net worth →

Active

MILNE, Robert John→

secretary · resigned 2019-01-23

Resigned

MILNE, Gladys Catherine→

director · ~111y · resigned 1999-11-18

Resigned

MILNE, Robert John→

director · ~83y · resigned 2017-09-19

Resigned

MILNE, Robert Shaw→

director · ~117y · resigned 2002-04-01

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	Lloyds Banking Group The Royal Bank of Scotland PLC	A registered charge	—	21/05/2018	—

Click column headers to sort. Use filters above to narrow by status and lender.