MILYN AND ASSOCIATES LIMITED

💤Zombieactive
SC140199 · ltd · incorporated 1992-09-10
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£303.3k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Asset-holding vehicle with a 76-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 76). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 27.7y

45/100
under pressure

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

  • · Oldest live charge is 27.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
3 active PSC(s) of 5 total, 5 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
109 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
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 · FRS 102
Positive net assets
Net assets £303,255

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£303k
~ YoY
Current Assets
£4k
↑ 112% YoY
Current Liabilities
—
£0£61k£121k£182k£243k£303kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£442.7k£451.2k
Current assets£3.8k£1.8k
Debtors£3.8k£1.8k
Net assets£303.3k£301.8k

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
3
filings
  • • 1 miscellaneous
  • • 1 accounts
  • • 1 persons-with-significant-control
Last 180 days
4
filings
  • • 1 miscellaneous
  • • 1 accounts
  • • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2026-04-02
    📄
    legacy
    miscellaneous · RP01PSC01
  2. 2026-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2026-02-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2025-03-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2025-03-15
    ➖
    RENARD, Yola resigned
    director
  7. 2024-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-10-05
    ➕
    RENARD, Yola appointed
    director
  9. 2023-10-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2023-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-02-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2023-02-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2023-02-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2023-02-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2023-02-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2022-07-19
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  17. 2022-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2021-04-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  19. 2021-04-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2021-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2020-02-19
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  22. 2017-06-12
    🔓
    Charge satisfied #1
  23. 1998-09-10
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  24. 1992-12-18
    ➕
    REID, Andrew Hugh appointed
    secretary
  25. 1992-12-18
    ➕
    REID, Lynette Rosemary appointed
    director
  26. 1992-12-18
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  27. 1992-12-18
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  28. 1992-09-10
    🏢
    Company incorporated
    As MILYN AND ASSOCIATES LIMITED
  29. 1992-09-10
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  30. 1992-09-10
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director

Owner dependency

100/100
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 33 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 76 — succession pressure is live.

Succession & seller-readiness

100/100
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 76 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 33 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Lynette Rosemary Reid
Individual · British · DOB 07/1950 · age 76
25–50%
25–50%board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence06/04/2016
Mr Thomas James Peter Reid
Individual · British · DOB 12/1982 · age 44
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Chloe Elizabeth Wakeford
Individual · British · DOB 02/1981 · age 45
——sig. influencesignificant influence06/04/2016
2 historic (ceased) PSCs
  • Mr Thomas James Peter Reidceased 05/12/2018· 25-50% shares · 25-50% voting
  • Mrs Chloe Elizabeth Reidceased 05/12/2018· 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 →

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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
Incorporated1992-09-10
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

5 South Charlotte Street
Edinburgh
EH2 4AN
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-14
Last: 2025-11-30

Officers (2 active · 3 resigned)

REID, Andrew Hugh→
secretary · appointed 1992-12-18
View their other companies + combined net worth →
Active
REID, Lynette Rosemary→
director · ~76y · appointed 1992-12-18
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 1992-09-10 · resigned 1992-12-18
Resigned
RENARD, Yola→
director · ~55y · appointed 2023-10-05 · resigned 2025-03-15
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 1992-09-10 · resigned 1992-12-18
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property10/09/199812/06/2017

Recent filings (109 total)

legacy
miscellaneous · RP01PSC01
2026-04-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-26
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-31
termination-director-company-with-name-termination-date
officers · TM01
2025-03-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-14
appoint-person-director-company-with-name-date
officers · AP01
2023-10-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-02-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-02-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-02-21
change-person-director-company-with-change-date
officers · CH01
2023-02-21