MILLERHILL PROPERTIES LIMITED

🌳Matureactive
SC060301 · ltd · incorporated 1976-07-01
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
not disclosed
Net worth
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: Renting and operating of Housing Association real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower with a 79-year-old founder — textbook succession opportunity.

Opportunity 73/100 (strong), bankability 57/100. Strong seller-intent signal (68/100, director aged 79). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).

🏦

Refinance opportunity

20 live charges · 3 lenders · oldest 44.8y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 44.8 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 50/100 (high).

Data confidence

Overall: medium (56/100)

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
No iXBRL financials extracted
0
Lenders & charges
20 charges (20/20 with lender, 20/20 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
143 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (55 events)Click to expand
  1. 2025-08-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-08-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-08-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-06-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2022-10-14
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2022-10-14
    🔓
    Charge satisfied #16
  7. 2022-08-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-09-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-11-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-08-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-04-03
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  12. 2019-04-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2019-03-19
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  14. 2018-08-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2017-06-07
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-09-16
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2014-06-10
    🔒
    Charge registered #20
    Lender: The Royal Bank of Scotland PLC
  18. 2014-06-10
    🔒
    Charge registered #19
    Lender: The Royal Bank of Scotland PLC
  19. 2014-06-10
    🔒
    Charge registered #18
    Lender: The Royal Bank of Scotland PLC
  20. 2014-06-10
    🔒
    Charge registered #17
    Lender: The Royal Bank of Scotland PLC
  21. 2014-06-10
    🔓
    Charge satisfied #15
  22. 2014-06-10
    🔓
    Charge satisfied #12
  23. 2014-06-10
    🔓
    Charge satisfied #7
  24. 2014-06-10
    🔓
    Charge satisfied #9
  25. 2014-06-10
    🔓
    Charge satisfied #6
  26. 2014-05-22
    🔒
    Charge registered #16
    Lender: The Royal Bank of Scotland PLC
  27. 2013-04-17
    🔓
    Charge satisfied #14
  28. 2013-04-17
    🔓
    Charge satisfied #13
  29. 2013-04-17
    🔓
    Charge satisfied #8
  30. 2012-03-31
    🔓
    Charge satisfied #11
  31. 2008-06-28
    🔓
    Charge satisfied #2
  32. 2008-06-21
    🔓
    Charge satisfied #10
  33. 2008-04-29
    🔒
    Charge registered #15
    Lender: Clydesdale Bank PLC
  34. 2008-04-15
    🔒
    Charge registered #14
    Lender: Clydesdale Bank PLC
  35. 2008-04-08
    🔒
    Charge registered #13
    Lender: Clydesdale Bank PLC
  36. 2008-03-27
    🔓
    Charge satisfied #1
  37. 2008-03-26
    🔒
    Charge registered #12
    Lender: Clydesdale Bank PLC
  38. 2008-02-28
    🔒
    Charge registered #11
    Lender: Clydesdale Bank PLC
  39. 2008-01-18
    🔒
    Charge registered #10
    Lender: Clydesdale Bank Public Limited Company
  40. 2007-11-09
    🔓
    Charge satisfied #4
  41. 2007-10-19
    🔓
    Charge satisfied #5
  42. 2007-10-08
    🔒
    Charge registered #8
    Lender: Clydesdale Bank Public Limited Company
  43. 2007-10-08
    🔒
    Charge registered #7
    Lender: Clydesdale Bank Public Limited Company
  44. 2007-10-02
    🔒
    Charge registered #9
    Lender: Clydesdale Bank Public Limited Company
  45. 2007-09-17
    🔒
    Charge registered #6
    Lender: Clydesdale Bank Public Limited Company
  46. 1999-02-25
    🔒
    Charge registered #5
    Lender: The Royal Bank of Scotland PLC
  47. 1999-02-25
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  48. 1999-01-15
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  49. 1992-03-09
    ANDREW, Susan appointed
    secretary
  50. 1992-03-09
    HARCUS, Ronald John resigned
    secretary
Showing most recent 50 of 55 events

Owner dependency

81/100
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.
  • +Founder age: Director aged approximately 79 — succession pressure is live.
  • +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
  • primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 50 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 med · 1 low
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

5 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Clive William George Andrew
Individual · British · DOB 04/1947 · age 79
75100%
75–100%75-100% shares · 75-100% voting06/04/2016
Susan Andrew
Individual · British · DOB 03/1947 · age 79
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated1976-07-01
Jurisdictionscotland
Primary SIC68201 — Renting and operating of Housing Association real estate

Registered office

Shapes
21 Brighton Place
Edinburgh
EH15 1LH
Scotland

Filing status

Accounts
Next due: 2026-08-10
Last made up to: 2024-11-10
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31

Officers (3 active · 2 resigned)

ANDREW, Susan
secretary · appointed 1992-03-09
View their other companies + combined net worth →
Active
ANDREW, Clive William George
director · ~79y
View their other companies + combined net worth →
Active
ANDREW, Susan
director · ~79y
View their other companies + combined net worth →
Active
HARCUS, Ronald John
secretary · appointed 1990-12-31 · resigned 1992-03-09
Resigned
YOUNG, Elizabeth Munro
secretary · resigned 1990-12-31
Resigned

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

Mortgages & charges

20
Total charges
5
Outstanding
1
Active lenders
Status:Lender:20 of 20 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property10/06/2014
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property10/06/2014
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property10/06/2014
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property10/06/2014
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge22/05/201414/10/2022
satisfied
Virgin Money
Clydesdale Bank PLC
Standard security1 property29/04/200810/06/2014
satisfied
Virgin Money
Clydesdale Bank PLC
Standard security1 property15/04/200817/04/2013
satisfied
Virgin Money
Clydesdale Bank PLC
Standard security1 property08/04/200817/04/2013
satisfied
Virgin Money
Clydesdale Bank PLC
Standard security1 property26/03/200810/06/2014
satisfied
Virgin Money
Clydesdale Bank PLC
Standard security1 property28/02/200831/03/2012
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property18/01/200821/06/2008
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property08/10/200717/04/2013
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property08/10/200710/06/2014
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property02/10/200710/06/2014
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property17/09/200710/06/2014
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property25/02/199919/10/2007
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property25/02/199909/11/2007
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property15/01/1999
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property29/10/198228/06/2008
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property20/07/198127/03/2008
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (143 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-10
mortgage-satisfy-charge-full
mortgage · MR04
2022-10-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-14