REGENCY OILS LIMITED

🌳Matureactive
SC071949 · ltd · incorporated 1980-06-24
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 33.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
—
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: SIC 46120
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: strategic trade sale (70/100).

🏦

Refinance opportunity

6 live charges · 2 lenders · oldest 33.9y

60/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 33.9 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.
  • · Profitable and stable/growing — lender coverage supportable.

Data confidence

Overall: medium (76/100)

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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
8 officers (1 active, 8 linked, 3 with DOB)
78
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
125 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
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
60
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £879,617

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-312024-05-31
Profit before tax£879.6k—
Average employees181700

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 accounts
Last 180 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2026-02-19
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2025-01-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-01-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-12-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2023-05-18
    📄
    mortgage-charge-whole-release-with-charge-number
    mortgage · MR05
  6. 2023-04-18
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2023-04-18
    🔓
    Charge satisfied #3
  8. 2023-04-17
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2023-04-17
    🔓
    Charge satisfied #2
  10. 2023-02-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-12-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2021-12-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2021-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-12-14
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  15. 2021-12-03
    ➖
    ANGUS, Lynda resigned
    secretary
  16. 2020-12-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2020-02-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2019-01-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  19. 2018-12-18
    📄
    accounts-with-accounts-type-small
    accounts · AA
  20. 2018-06-22
    📄
    capital-cancellation-shares
    capital · SH06
  21. 2012-01-20
    ➕
    ANGUS, Lynda appointed
    secretary
  22. 2012-01-20
    ➖
    BRUCE, Mary Teresa resigned
    secretary
  23. 2011-06-29
    ➖
    MILNE, Robert Stephen resigned
    director
  24. 2010-10-13
    🔓
    Charge satisfied #4
  25. 2010-07-24
    🔓
    Charge satisfied #1
  26. 1998-07-20
    🔒
    Charge registered #6
    Lender: The Royal Bank of Scotland PLC
  27. 1998-06-08
    ➕
    BRUCE, Mary Teresa appointed
    secretary
  28. 1998-06-08
    ➖
    ROSS, Margaret resigned
    secretary
  29. 1998-06-04
    🔒
    Charge registered #5
    Lender: The Royal Bank of Scotland PLC
  30. 1998-06-04
    🔒
    Charge registered #4
    Lender: Texaco Limited
  31. 1998-04-17
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  32. 1998-04-17
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  33. 1996-01-22
    ➖
    ELRICK, Carol resigned
    secretary
  34. 1996-01-22
    ➕
    ROSS, Margaret appointed
    secretary
  35. 1994-03-10
    ➕
    MILNE, Robert Stephen appointed
    director
  36. 1994-03-10
    ➕
    ELRICK, Carol appointed
    secretary
  37. 1994-03-10
    ➖
    ALEXANDER GEORGE & CO. resigned
    corporate-secretary
  38. 1992-09-13
    ➖
    MILNE, John Pirie resigned
    director
  39. 1992-06-15
    🔒
    Charge registered #1
    Lender: Texaco Limited
  40. 1980-06-24
    🏢
    Company incorporated
    As REGENCY OILS LIMITED

Owner dependency

85/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 32 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

75/100
Likely off-market candidate

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 46 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

1 med ·
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.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Robert Stephen Milne
Individual · British · DOB 11/1971 · age 55
75–100%
—75-100% shares06/04/2016
1 historic (ceased) PSC
  • Mrs Elspeth West Milneceased 31/05/2018· 50-75% shares

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

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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
Incorporated1980-06-24
Jurisdictionscotland
Primary SIC46120 — SIC 46120

Registered office

15 Marine Place
Buckie
AB56 1UT

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-01-25
Last: 2026-01-11

Officers (1 active · 7 resigned)

MILNE, Robert Stephen→
director · ~55y · appointed 1994-03-10
View their other companies + combined net worth →
Active
ANGUS, Lynda→
secretary · appointed 2012-01-20 · resigned 2021-12-03
Resigned
BRUCE, Mary Teresa→
secretary · appointed 1998-06-08 · resigned 2012-01-20
Resigned
ELRICK, Carol→
secretary · appointed 1994-03-10 · resigned 1996-01-22
Resigned
ROSS, Margaret→
secretary · appointed 1996-01-22 · resigned 1998-06-08
Resigned
ALEXANDER GEORGE & CO.→
corporate-secretary · resigned 1994-03-10
Resigned
MILNE, John Pirie→
director · ~88y · resigned 1992-09-13
Resigned
MILNE, Robert Stephen→
director · ~84y · resigned 2011-06-29
Resigned

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

Mortgages & charges

6
Total charges
2
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property20/07/1998—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property04/06/1998—
satisfied
Texaco
Texaco Limited
Bond & floating charge1 property04/06/199813/10/2010
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security2 properties17/04/199818/04/2023
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property17/04/199817/04/2023
satisfied
Texaco
Texaco Limited
Standard security1 property15/06/199224/07/2010
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (125 total)

accounts-with-accounts-type-full
accounts · AA
2026-02-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-12-12
mortgage-charge-whole-release-with-charge-number
mortgage · MR05
2023-05-18
mortgage-satisfy-charge-full
mortgage · MR04
2023-04-18
mortgage-satisfy-charge-full
mortgage · MR04
2023-04-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-12-30
change-person-director-company-with-change-date
officers · CH01
2021-12-30