ALBERT MILLER (LINOLEUMS) LIMITED

🌳Matureactive
SC035439 · ltd · incorporated 1960-06-29
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 — 2 signals strengthening over the last 30 days.
  • · Hygiene score: 82 → 90
  • · Legal friction: moderate → low
What changed my view
Last 30 days

Picture improved over the last 30 days — 2 positive signals vs 0 negative.

  • ↑Hygiene score: 82 → 90
  • ↑Legal friction: moderate → low
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 Mar 2025
Net worth
£239.4k
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: Retail sale of furniture, lighting, and similar (not musical instruments or scores) in specialised stores
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 58). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · oldest 25.9y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 25.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · 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, 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
8 officers (2 active, 8 linked, 7 with DOB)
88
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
117 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £239,382
Net assets shrinking
Down £34,732 YoY
Cash YoY
-25%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£17k
↓ 25% YoY
Net Worth
£239k
↓ 13% YoY
Current Assets
£276k
↓ 4.9% YoY
Current Liabilities
—
£0£58k£116k£174k£232k£290kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£239.4k£274.1k
Current assets£275.9k£290.1k
Cash£17.4k£23.3k
Debtors£237.1k£226.8k
Net assets£239.4k£274.1k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 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 mortgage
Last 180 days
1
filing
  • • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2026-05-18
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2026-05-18
    🔓
    Charge satisfied #1
  3. 2025-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-12-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-08-12
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2023-08-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2023-08-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2023-06-10
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  11. 2023-05-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  12. 2022-10-22
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  13. 2022-10-18
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  14. 2022-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2021-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2020-11-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2020-08-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2020-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2020-01-01
    ➖
    MILLARD, Suzanne Swan resigned
    director
  20. 2018-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2018-10-12
    ➕
    MILLARD, Suzanne Swan appointed
    director
  22. 2014-09-17
    ➖
    MILLARD, Eliza Swan resigned
    secretary
  23. 2012-03-06
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  24. 2010-05-31
    ➖
    MILLARD, Eliza Swan resigned
    director
  25. 2000-08-23
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  26. 1999-09-01
    ➕
    MILLARD, Stephen Colin appointed
    director
  27. 1999-09-01
    ➖
    MILLARD, Allan resigned
    director
  28. 1995-05-12
    ➕
    MILLARD, Allan appointed
    director
  29. 1995-05-12
    ➖
    MILLARD, Suzanne Swan resigned
    director
  30. 1992-06-23
    ➖
    MILLARD, Allan David resigned
    director
  31. 1991-07-01
    ➕
    MILLARD, Allan David appointed
    director
  32. 1991-07-01
    ➕
    MILLARD, Suzanne Swan appointed
    director
  33. 1960-06-29
    🏢
    Company incorporated
    As ALBERT MILLER (LINOLEUMS) LIMITED

Owner dependency

84/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 35 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

76/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 35 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 66 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.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Allan David Millard
Individual · British · DOB 01/1968 · age 58
25–50%
—25-50% shares06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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——7527y8577y
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£273.1k
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——1116y8861y
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——£353.7k—26y8363y
GLASGOW ARCHITECTURAL SALVAGE LIMITED→
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————23y8358y
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———710037y8364y
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SC081944 · est 1983 · no financials extracted
————43y8360y
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————19y8368y
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——£208.8k—25y8378y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated1960-06-29
Jurisdictionscotland
Primary SIC47599 — Retail sale of furniture, lighting, and similar (not musical instruments or scores) in specialised stores

Registered office

177 Leith Walk
Edinburgh
EH6 8NR
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-17
Last: 2025-08-03

Officers (2 active · 6 resigned)

MILLARD, Allan David→
director · ~58y · appointed 1991-07-01
View their other companies + combined net worth →
Active
MILLARD, Stephen Colin→
director · ~52y · appointed 1999-09-01
View their other companies + combined net worth →
Active
MILLARD, Eliza Swan→
secretary · resigned 2014-09-17
Resigned
MILLARD, Allan→
director · ~86y · appointed 1995-05-12 · resigned 1999-09-01
Resigned
MILLARD, Allan David→
director · ~58y · resigned 1992-06-23
Resigned
MILLARD, Eliza Swan→
director · ~83y · resigned 2010-05-31
Resigned
MILLARD, Suzanne Swan→
director · ~60y · appointed 2018-10-12 · resigned 2020-01-01
Resigned
MILLARD, Suzanne Swan→
director · ~60y · appointed 1991-07-01 · resigned 1995-05-12
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
National Westminster Bank
National Westminster Bank PLC
Standard security1 property06/03/2012—
satisfied
National Westminster Bank
National Westminster Bank PLC
Floating charge1 property23/08/200018/05/2026
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (117 total)

mortgage-satisfy-charge-full
mortgage · MR04
2026-05-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-30
gazette-filings-brought-up-to-date
gazette · DISS40
2023-08-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-09
change-person-director-company-with-change-date
officers · CH01
2023-08-09
change-person-director-company-with-change-date
officers · CH01
2023-08-09
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2023-06-10
gazette-notice-compulsory
gazette · GAZ1
2023-05-30
gazette-filings-brought-up-to-date
gazette · DISS40
2022-10-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-21