KILMARONOCK MILLENNIUM ASSOCIATION

🌳Matureactive

SC184392 · private-limited-guarant-nsc-limited-exemption · incorporated 1998-03-31

Investment thesis

Looks cheap but ownership + security both unclear — probable value trap.

Why interesting: Headline metrics may be attractive.

Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 26.9y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Activities of other membership organisations n.e.c.

Sector: Other service activities

Investor take

Pursue

Active trading company with a 86-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 85/100. Strong seller-intent signal (73/100, director aged 86). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 26.9y

70/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 26.9 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 20/100 — clean.

Data confidence

Overall: low (47/100)

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

Company profile

address, 1 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

21 officers (8 active, 21 linked, 19 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

Network not yet resolved

Filing history

101 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

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.

Recent activity

Last 30 days

filing

• 1 confirmation-statement

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts
• 1 address

Counts from Companies House filing history.

Corporate timeline (56 events)Click to expand

2025-12-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-11
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-15
📄
memorandum-articles
incorporation · MA
2024-05-15
📄
resolution
resolution · RESOLUTIONS
2024-02-16
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-02-16
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-02-16
🔓
Charge satisfied #3
2024-02-16
🔓
Charge satisfied #2
2024-01-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-15
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-01-30
➕
CRAWFORD, Alan Haig appointed
director
2023-01-19
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-01-10
📄
accounts-with-accounts-type-small
accounts · AA
2022-12-08
➖
WYLLIE, Fiona Margaret resigned
director
2021-12-30
📄
accounts-with-accounts-type-small
accounts · AA
2020-12-30
📄
accounts-with-accounts-type-small
accounts · AA
2020-08-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-07-27
➖
MITCHELL, Irene resigned
director
2019-12-31
📄
accounts-with-accounts-type-small
accounts · AA
2019-12-06
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-10-28
➕
MACKEN, Steven James appointed
director
2018-12-28
📄
accounts-with-accounts-type-small
accounts · AA
2018-01-29
➖
BILSLAND, Christine Helen resigned
director
2018-01-29
➖
SMITH, Mark resigned
director
2017-04-24
➕
CRONIN, Sheila Jeanette appointed
director
2016-11-21
➕
CARTWRIGHT, Kathleen Liston, Dr. appointed
director
2016-11-21
➕
CURRY, Andrew Robin appointed
director
2012-11-29
➕
MACRAE, James Norman appointed
director
2012-11-29
➖
AKHURST, Douglas Harold resigned
director
2012-11-29
➕
SMITH, Mark appointed
director
2012-11-29
➖
SPENS, John Alexander resigned
director
2012-11-27
➕
GUY, Julian appointed
secretary
2012-11-27
➖
SPENS, John Alexander resigned
secretary
2008-01-16
➖
MACRAE, James Norman resigned
director
2007-08-10
➖
PAIRMAN, John Wheaton resigned
director
2007-01-10
➕
BAXTER, Eleanor Leslie, Dr appointed
director
2004-02-05
➖
HENDERSON, Mark Macarthur resigned
director
2002-12-05
➖
MACINNES, Iain resigned
director
2002-12-05
➕
MITCHELL, Irene appointed
director
2000-11-09
➕
AKHURST, Douglas Harold appointed
director
2000-11-09
➕
MACINNES, Iain appointed
director
2000-05-22
➖
KEE, Gordon Henry resigned
director
1999-10-21
➕
BILSLAND, Christine Helen appointed
director
1999-09-29
➕
MACRAE, James Norman appointed
director
1999-06-22
➖
BEVERIDGE, Janet resigned
director
1999-06-22
➕
HENDERSON, Mark Macarthur appointed
director
1999-05-28
🔒
Charge registered #3
Lender: The Millennium Commission
1999-05-26
🔒
Charge registered #2
Lender: The Millenium Commission
1998-05-28
➕
KEE, Gordon Henry appointed
director

Showing most recent 50 of 56 events

Owner dependency

65/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-7 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 86 — succession pressure is live.

Succession & seller-readiness

83/100

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 86 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 19 years.
secondaryStable-but-static management: Company is 28 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.)

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ATELIER WEATHER LLP→ SO306374 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
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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 →

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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

Typeprivate-limited-guarant-nsc-limited-exemption

Incorporated1998-03-31

Jurisdictionscotland

Primary SIC94990 — Activities of other membership organisations n.e.c.

Registered office

High Gartin

Gartocharn

Alexandria

G83 8SD

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-04-14

Last: 2026-03-31