MILLAR & MCGOWAN LIMITED
🌳Matureactive
SC053853 · ltd · incorporated 1973-08-27
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2025
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Dispensing chemist in specialised stores
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 74/100 (strong), bankability 80/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
4 live charges · oldest 2.2y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 2.2 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 23/100 — clean.
Data confidence
Overall: high (80/100)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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
10 officers (2 active, 10 linked, 8 with DOB)
86
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
113 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
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 · FRS 102| Metric | 2025-10-31 | 2024-10-31 |
|---|---|---|
| Average employees | 1000 | 1000 |
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
1
filing
- • 1 accounts
Last 90 days
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (41 events)Click to expand
- 2026-04-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-07-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-30📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2024-10-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-02-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-02-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-02-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-02-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-02-09🔓Charge satisfied #1
- 2024-02-08🔒Charge registered #3Lender: Bank of Scotland PLC
- 2024-02-08🔒Charge registered #2Lender: Bank of Scotland PLC
- 2024-02-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-02-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-02-02➕LEONARD, David Johnston appointeddirector
- 2024-02-02➕MCDERMOTT, Stephen Joseph appointeddirector
- 2024-02-02➖BLAND, Margaret Anne resignedsecretary
- 2024-02-02➖BLAND, Jonathon Frederick resigneddirector
- 2024-02-02➖BLAND, Margaret Anne resigneddirector
- 2024-02-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-02-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-02-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-02-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-02-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-02-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-02-02📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-02-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-02-02🔒Charge registered #4Lender: Bank of Scotland PLC
- 2024-02-02🔒Charge registered #1Lender: Bank of Scotland PLC
- 2023-10-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-09-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-03-09➕BLAND, Jonathon Frederick appointeddirector
- 2009-08-28➖MCGOWAN, John Felix, Dr resigneddirector
- 1998-07-07➖MILLAR, Thomas Love resigneddirector
- 1998-01-31➕MCGOWAN, John Felix, Dr appointeddirector
- 1998-01-31➖MCGOWAN, Mary Theresa resigneddirector
- 1995-10-28➕BLAND, Margaret Anne appointedsecretary
- 1995-10-28➖MCGOWAN, Margaret Mary resignedsecretary
- 1995-10-28➖MCGOWAN, Margaret Mary resigneddirector
- 1983-02-01➕BLAND, Margaret Anne appointeddirector
- 1973-08-27🏢Company incorporatedAs MILLAR & MCGOWAN LIMITED
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
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.)
Group structure
G&S Investments (Glasgow) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
G&S Investments (Glasgow) Limited
Corporate parent · holds 75-100% shares · board control
⬇
MILLAR & MCGOWAN LIMITED
This company · SC053853
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
G&S Investments (Glasgow) Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 02/02/2024 |
2 historic (ceased) PSCs
- Mrs Margaret Anne Blandceased 02/02/2024· 50-75% shares · 50-75% voting
- Mr Jonathon Frederick Blandceased 02/02/2024· 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 · Retail · ML postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| KIDS TALK RUTHERGLEN LTD→ SC673334 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| KST PHARM LTD→ SC375579 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| MA TRADING SCOT LIMITED→ SC597778 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| MAILEY'S MARKET LTD→ SC841584 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| MCMINNS PHARMACY LTD→ SC767436 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| MDS SINGH LTD→ SC688695 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| MEGAVALUE DISTRIBUTION LTD→ SC788867 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| MINSU LTD→ SC854440 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ML3 STORES LTD→ SC825598 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| MOBICREST LTD→ SC880744 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| MOBILE MASTER SHOP LTD→ SC815869 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| MOBILE ZONE (SCOT) LTD→ SC597956 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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
Incorporated1973-08-27
Jurisdictionscotland
Primary SIC47730 — Dispensing chemist in specialised stores
Registered office
C/O Abbeygreen Pharmacy 71-73 Abbeygreen
Lesmahagow
Lanark
ML11 0EF
Scotland
Filing status
Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2026-09-28
Last: 2025-09-14
Officers (2 active · 8 resigned)
LEONARD, David Johnston→
Activedirector · ~41y · appointed 2024-02-02
View their other companies + combined net worth →
MCDERMOTT, Stephen Joseph→
Activedirector · ~43y · appointed 2024-02-02
View their other companies + combined net worth →
BLAND, Margaret Anne→
Resignedsecretary · appointed 1995-10-28 · resigned 2024-02-02
MCGOWAN, Margaret Mary→
Resignedsecretary · resigned 1995-10-28
BLAND, Jonathon Frederick→
Resigneddirector · ~73y · appointed 2017-03-09 · resigned 2024-02-02
BLAND, Margaret Anne→
Resigneddirector · ~64y · appointed 1983-02-01 · resigned 2024-02-02
MCGOWAN, John Felix, Dr→
Resigneddirector · ~59y · appointed 1998-01-31 · resigned 2009-08-28
MCGOWAN, Margaret Mary→
Resigneddirector · ~106y · resigned 1995-10-28
MCGOWAN, Mary Theresa→
Resigneddirector · ~102y · resigned 1998-01-31
MILLAR, Thomas Love→
Resigneddirector · ~112y · resigned 1998-07-07
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
3
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 08/02/2024 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 08/02/2024 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 02/02/2024 | — | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 02/02/2024 | 09/02/2024 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (113 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-18
change-account-reference-date-company-current-shortened
accounts · AA01
2024-10-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-24
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-02-12
mortgage-satisfy-charge-full
mortgage · MR04
2024-02-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-02-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-02-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-02-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-02-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-02-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-02-02