MILLGLEN (GLASGOW) LIMITED

⚰️Wound downdissolved
SC153839 · ltd · incorporated 1994-10-24
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 30.9y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
64/100
Worth a look
🔔
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What this business does
Primary activity: Construction of roads and motorways
Sector: Construction
ALSO REGISTERED FOR
  • 42990Construction of other civil engineering projects n.e.c.
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 73). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 30.9y

50/100
clean up first

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

  • · Oldest live charge is 30.9 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.

Data confidence

Overall: low (49/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 6 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
3 connected companies via shared directors
54
Filing history
66 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
  1. 2018-01-23
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  2. 2018-01-23
    🏁
    Company dissolved
  3. 2015-10-08
    📄
    dissolution-voluntary-strike-off-suspended
    dissolution · SOAS(A)
  4. 2015-07-08
    📄
    dissolution-voluntary-strike-off-suspended
    dissolution · SOAS(A)
  5. 2015-06-12
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  6. 2014-07-23
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  7. 2013-11-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  8. 2013-08-13
    📄
    mortgage-charge-part-both-with-charge-number
    mortgage · MR05
  9. 2013-07-19
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  10. 2013-06-07
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2013-06-05
    📄
    mortgage-create-with-deed-with-charge-number
    mortgage · MR01
  12. 2013-06-04
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  13. 2013-06-04
    📄
    resolution
    resolution · RESOLUTIONS
  14. 2013-06-03
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  15. 2013-05-31
    🔒
    Charge registered #2
    Lender: Clydesdale Bank PLC
  16. 2012-11-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2012-07-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2011-11-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  19. 2011-06-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  20. 2010-10-25
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  21. 2010-07-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  22. 2009-12-09
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  23. 2009-07-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  24. 2008-11-03
    📄
    legacy
    annual-return · 363a
  25. 2008-05-13
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  26. 2007-11-20
    📄
    legacy
    annual-return · 363a
  27. 2007-05-03
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  28. 2002-11-07
    MCGRATTAN, Elizabeth appointed
    director
  29. 2002-08-19
    MACCOLL, David resigned
    director
  30. 1997-10-13
    MACCOLL, David appointed
    director
  31. 1997-09-30
    DARROCH, Mark Anthony resigned
    director
  32. 1995-10-24
    FLINT, David resigned
    nominee-director
  33. 1995-06-22
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  34. 1994-12-09
    MCGRATTAN, James appointed
    secretary
  35. 1994-12-09
    MCGRATTAN, James appointed
    director
  36. 1994-12-09
    FLINT, David resigned
    nominee-secretary
  37. 1994-12-09
    DARROCH, Mark Anthony appointed
    director
  38. 1994-12-09
    DICKSON, Ian resigned
    nominee-director
  39. 1994-10-24
    🏢
    Company incorporated
    As MILLGLEN (GLASGOW) LIMITED
  40. 1994-10-24
    FLINT, David appointed
    nominee-secretary
  41. 1994-10-24
    DICKSON, Ian appointed
    nominee-director
  42. 1994-10-24
    FLINT, David appointed
    nominee-director

Owner dependency

91/100
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.
  • +Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 73 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100
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 73 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 32 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 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2018-01-23

🔒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.

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Company details

Statusdissolved
Typeltd
Incorporated1994-10-24
Jurisdictionscotland
Primary SIC42110 — Construction of roads and motorways

Registered office

3 Crosshill Road
Crosshill Road, Lenzie Kirkintilloch
Glasgow
G66 4SR

Filing status

Accounts
Next due:
Last made up to: 2012-10-31
Confirmation statement
Next due:
Last:

Officers (0 active · 5 resigned)

MCGRATTAN, James
secretary · appointed 1994-12-09
View their other companies + combined net worth →
Active
MCGRATTAN, Elizabeth
director · ~65y · appointed 2002-11-07
View their other companies + combined net worth →
Active
MCGRATTAN, James
director · ~73y · appointed 1994-12-09
View their other companies + combined net worth →
Active
FLINT, David
nominee-secretary · appointed 1994-10-24 · resigned 1994-12-09
Resigned
DARROCH, Mark Anthony
director · ~59y · appointed 1994-12-09 · resigned 1997-09-30
Resigned
DICKSON, Ian
nominee-director · ~76y · appointed 1994-10-24 · resigned 1994-12-09
Resigned
FLINT, David
nominee-director · ~71y · appointed 1994-10-24 · resigned 1995-10-24
Resigned
MACCOLL, David
director · ~58y · appointed 1997-10-13 · resigned 2002-08-19
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC
A registered charge1 property31/05/2013
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property22/06/1995
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (66 total)

gazette-dissolved-voluntary
gazette · GAZ2(A)
2018-01-23
dissolution-voluntary-strike-off-suspended
dissolution · SOAS(A)
2015-10-08
dissolution-voluntary-strike-off-suspended
dissolution · SOAS(A)
2015-07-08
gazette-notice-voluntary
gazette · GAZ1(A)
2015-06-12
dissolution-application-strike-off-company
dissolution · DS01
2014-07-23
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-11-22
mortgage-charge-part-both-with-charge-number
mortgage · MR05
2013-08-13
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-07-19
resolution
resolution · RESOLUTIONS
2013-06-07
mortgage-create-with-deed-with-charge-number
mortgage · MR01
2013-06-05
certificate-change-of-name-company
change-of-name · CERTNM
2013-06-04
resolution
resolution · RESOLUTIONS
2013-06-04
change-registered-office-address-company-with-date-old-address
address · AD01
2013-06-03
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-11-07
accounts-with-accounts-type-total-exemption-small
accounts · AA
2012-07-30