MILTON HOTELS LIMITED

🌳Matureactive

SC136639 · ltd · incorporated 1992-02-14

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 Mar 2025

Net worth

£12.14M

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: Hotels and similar accommodation

Sector: Accommodation & food service

Investor take

Pursue

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

Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (63/100, director aged 81). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

8 live charges · 4 lenders · oldest 33.1y

15/100

under pressure

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

· Oldest live charge is 33.1 years old — likely at or near maturity.
· 4 lenders named — inter-creditor friction likely.
· Cashflow trend is negative — lender view likely cautious.

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

Lenders & charges

8 charges (8/8 with lender, 8/8 with type)

Directors & officers

18 officers (6 active, 18 linked, 11 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

5 connected companies via shared directors

Filing history

170 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £12,144,693

Net assets shrinking

Down £1,183,078 YoY

Cash YoY

-28%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£3.5m

↓ 28% YoY

Net Worth

£12m

↓ 8.9% YoY

Current Assets

£5.7m

↓ 19% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Total assets	£13.12M	£14.33M
Current assets	£5.73M	£7.09M
Cash	£3.50M	£4.89M
Debtors	£1.08M	£1.06M
Net assets	£12.14M	£13.33M

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

🔒Filing-note intelligence

3 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

filings

Last 90 days

filings

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (63 events)Click to expand

2025-12-15
📄
accounts-with-accounts-type-group
accounts · AA
2025-08-20
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-10
📄
mortgage-satisfy-charge-full
mortgage · MR04
2025-05-10
🔓
Charge satisfied #8
2025-05-08
📄
change-person-director-company-with-change-date
officers · CH01
2025-03-05
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-18
🔒
Charge registered #9
Lender: The Royal Bank of Scotland PLC
2024-12-18
📄
accounts-with-accounts-type-group
accounts · AA
2023-12-18
📄
accounts-with-accounts-type-full
accounts · AA
2022-12-18
📄
accounts-with-accounts-type-group
accounts · AA
2021-12-20
📄
accounts-with-accounts-type-group
accounts · AA
2021-11-15
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-11-11
➖
MILTON, Ann Patricia Mary resigned
director
2021-08-05
📄
change-person-director-company-with-change-date
officers · CH01
2021-08-05
📄
change-person-director-company-with-change-date
officers · CH01
2021-08-05
📄
change-person-director-company-with-change-date
officers · CH01
2021-08-05
📄
change-person-director-company-with-change-date
officers · CH01
2021-08-05
📄
change-person-director-company-with-change-date
officers · CH01
2021-08-05
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-12-14
📄
accounts-with-accounts-type-group
accounts · AA
2019-12-16
📄
accounts-with-accounts-type-group
accounts · AA
2008-04-07
➕
DERRINGTON, Karen appointed
director
2008-04-07
➕
MILTON, Graeme David appointed
director
2008-04-07
➕
VAN VLIET, Jill appointed
director
2008-02-21
🔓
Charge satisfied #6
2008-02-21
🔓
Charge satisfied #5
2008-02-21
🔓
Charge satisfied #2
2007-05-01
🔓
Charge satisfied #1
2006-01-03
🔒
Charge registered #8
Lender: Hsbc Bank PLC
2005-06-22
➕
WILDING, Tracey appointed
secretary
2005-06-17
➖
BREMNER, Ian resigned
secretary
2005-06-17
➖
BREMNER, Ian resigned
director
2003-09-16
➕
WILDING, Tracey appointed
director
2003-09-15
➖
SCOBBIE, George Black resigned
director
2003-09-12
➖
CRAIG, Sean William resigned
director
2003-08-23
➕
MILTON, Ann Patricia Mary appointed
director
2003-07-31
➖
MURPHY, John Michael resigned
director
2003-07-18
🔓
Charge satisfied #3
2003-06-02
🔒
Charge registered #7
Lender: Ian Murray Milton and Another as Trustees
2003-05-20
➖
MILTON, Ann Patricia Mary resigned
director
2003-04-17
🔒
Charge registered #6
Lender: The Governor and Company of the Bank of Scotland
2000-08-11
🔒
Charge registered #3
Lender: The Governor and Company of the Bank of Scotland
2000-08-10
🔒
Charge registered #5
Lender: The Governor and Company of the Bank of Scotland
1998-02-17
➕
BREMNER, Ian appointed
director
1998-02-17
➕
CRAIG, Sean William appointed
director
1998-02-17
➕
MURPHY, John Michael appointed
director
1998-02-17
➕
SCOBBIE, George Black appointed
director
1997-11-25
➕
BREMNER, Ian appointed
secretary
1997-11-25
➖
DAWSON, John Mcdowall resigned
secretary
1995-01-10
➕
DAWSON, John Mcdowall appointed
secretary

Showing most recent 50 of 63 events

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

-5 active directors: Broader management team in place — suggests transferable governance.
+Founder name in company name: Company name contains director surname "MILTON" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 34 years — deep operational knowledge concentrated in one person.
+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

90/100

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 81 years old. Natural succession window is now.
primary20+ year tenure: Director in role 34 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 34 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

Name	Shares	Voting rights	Nature of control	Notified
Mr Ian Murray Milton Individual · British · DOB 07/1945 · age 81	50–75%	—	50-75% shares	06/04/2016

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 →

Similar companies

Active · Hospitality · IV postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
MILOVAIG LTD→ SC865862 · est 2025 · no financials extracted	—	—	—	—	—	—	—
MOSS COFFEE SHOP LTD→ SC845058 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
NAMASTE INBHIR NIS LTD→ SC799699 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
NORTH KESSOCK HOTEL LIMITED→ SC749434 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
NORTHERN CORRIES LIMITED→ SC601401 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
NORTHWEST RETREATS LTD→ SC699898 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
PABAY PORTREE SELF CATERING LIMITED→ SC795923 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
PADMA (INVERNESS) LTD→ SC767573 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
PARKWOOD TANDOORI LTD→ SC824037 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
PASHA RESTAURANT (PITLOCHRY) LTD→ SC564978 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
PATTAYA THAI & CHINESE LTD→ SC824338 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
PAULO BAR LIMITED→ SC824301 · est 2024 · no financials extracted	—	—	—	—	1y	—	—

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

Incorporated1992-02-14

Jurisdictionscotland

Primary SIC55100 — Hotels and similar accommodation

Registered office

Inverness Palace Hotel & Spa

Ness Walk

Inverness

IV3 5NG

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-11-29

Last: 2025-11-15