MILLIKEN LEISURE LIMITED

🌳Matureactive
SC195984 · ltd · incorporated 1999-05-05
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 26.3y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to May 2025
Net worth
book net assets
Opportunity
79/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Public houses and bars
Sector: Accommodation & food service
ALSO REGISTERED FOR
  • 93290Other amusement and recreation activities n.e.c.
Investor take
Pursue
Active trading company with a 69-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (93/100, director aged 69). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 26.3y

70/100
ready

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

  • · Oldest live charge is 26.3 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
76 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£87k£175k£262k£350k£437kMay 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
Total assets£288.6k
Current assets£437.5k
Cash£28
Debtors£437.5k
Net assets£288.6k
Average employees4

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

🔒Filing-note intelligence

1 signal 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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2026-02-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-02-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-02-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-05-11
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  7. 2021-05-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-02-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-04-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2018-04-04
    🔓
    Charge satisfied #3
  12. 2018-02-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-02-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-05-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2016-05-05
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  16. 2016-05-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2016-05-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2011-04-21
    🔓
    Charge satisfied #1
  19. 2011-03-24
    🔒
    Charge registered #3
    Lender: Santander UK PLC
  20. 2011-03-24
    🔓
    Charge satisfied #2
  21. 2001-11-15
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  22. 2000-01-28
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  23. 1999-05-05
    🏢
    Company incorporated
    As MILLIKEN LEISURE LIMITED
  24. 1999-05-05
    MILLIKEN, Maureen appointed
    secretary
  25. 1999-05-05
    MILLIKEN, Alan Stuart appointed
    director
  26. 1999-05-05
    MILLIKEN, Maureen appointed
    director
  27. 1999-05-05
    ASHCROFT CAMERON SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  28. 1999-05-05
    ASHCROFT CAMERON SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  29. 1999-05-05
    ASHCROFT CAMERON NOMINEES LIMITED appointed
    corporate-nominee-director
  30. 1999-05-05
    ASHCROFT CAMERON NOMINEES LIMITED resigned
    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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "MILLIKEN" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 69 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 27 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Alan Stuart Milliken
Individual · British · DOB 02/1958 · age 68
2550%
25-50% shares01/06/2016
Mrs Maureen Milliken
Individual · British · DOB 03/1957 · age 69
2550%
25-50% shares01/06/2016

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 · FK postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
HUNGRY EVENTS LIMITED
SC808280 · est 2024 · no financials extracted
1y
INABAH LTD
SC881591 · est 2026 · no financials extracted
LECHINE HOLDINGS LTD
SC773714 · est 2023 · no financials extracted
2y
LOCHAY HOLIDAY LODGES LTD
SC854000 · est 2025 · no financials extracted
LUTI'S ARTISAN FOOD LTD
SC807888 · est 2024 · no financials extracted
1y
M. ROSSI LTD
SC740771 · est 2022 · no financials extracted
3y
MAHAM'S CAFE LTD
SC808494 · est 2024 · no financials extracted
1y
MARSHALL EDWARDS (PRIVATE DINING) LIMITED
SC713991 · est 2021 · no financials extracted
4y
MAXIMUS WIDE ENTERPRISES LIMITED
SC659702 · est 2020 · no financials extracted
5y
MCG PUBLIC HOUSE LIMITED
SC826068 · est 2024 · no financials extracted
1y
MELOMANIAEVENTS LTD
SC856255 · est 2025 · no financials extracted
MGM COMMERCIAL HOTEL LTD
SC568935 · est 2017 · no financials extracted
8y
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
Incorporated1999-05-05
Jurisdictionscotland
Primary SIC56302 — Public houses and bars

Registered office

2 Melville Street
Falkirk
FK1 1HZ
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-19
Last: 2025-05-05

Officers (3 active · 2 resigned)

MILLIKEN, Maureen
secretary · appointed 1999-05-05
View their other companies + combined net worth →
Active
MILLIKEN, Alan Stuart
director · ~68y · appointed 1999-05-05
View their other companies + combined net worth →
Active
MILLIKEN, Maureen
director · ~69y · appointed 1999-05-05
View their other companies + combined net worth →
Active
ASHCROFT CAMERON SECRETARIES LIMITED
corporate-nominee-secretary · appointed 1999-05-05 · resigned 1999-05-05
Resigned
ASHCROFT CAMERON NOMINEES LIMITED
corporate-nominee-director · appointed 1999-05-05 · resigned 1999-05-05
Resigned

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Santander
Santander UK PLC
Standard security1 property24/03/201104/04/2018
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property15/11/200124/03/2011
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property28/01/200021/04/2011

Recent filings (76 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-28
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2021-05-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-02-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-05-06