CHARLIE MILLER HAIRDRESSING LIMITED
🌳Matureactive
SC252444 · ltd · incorporated 2003-07-08
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£348.4k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Hairdressing and other beauty treatment
Sector: Other service activities
Investor take
PursueActive trading company with a 60-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (70/100, director aged 60). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
5 live charges · 3 lenders · oldest 8.0y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 8.0 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: medium (71/100)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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 4 with DOB)
81
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
3 connected companies via shared directors
54
Filing history
91 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.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £348,393
Cash draining
Cash down 95% YoY
Cash YoY
-95%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£3k
↓ 95% YoY
Net Worth
£348k
↑ 35% YoY
Current Assets
£319k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £1.08M | — |
| Current assets | £319.1k | — |
| Cash | £2.8k | £52.9k |
| Debtors | £281.0k | — |
| Net assets | £348.4k | £257.4k |
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
0
filings
Last 180 days
1
filing
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
- 2025-12-23📄change-person-director-company-with-change-dateofficers · CH01
- 2025-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-09-10🔒Charge registered #5Lender: The Royal Bank of Scotland PLC
- 2024-09-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-09-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-09-09🔓Charge satisfied #3
- 2024-09-09🔓Charge satisfied #2
- 2024-08-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-06🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2024-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-06-30➖MILLER, Janet Proudfoot Mccabe resigneddirector
- 2023-08-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-05-22➖MILLER, Charles Stewart resigneddirector
- 2021-08-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2019-08-27🔓Charge satisfied #1
- 2019-08-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-08-12🔒Charge registered #3Lender: Santander UK PLC
- 2019-08-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-08-02🔒Charge registered #2Lender: Santander UK PLC
- 2018-05-15🔒Charge registered #1Lender: Adam & Company PLC
- 2004-04-23➕MILLER, Joshua appointedsecretary
- 2004-04-23➕MILLER, Jason appointeddirector
- 2004-04-23➕MILLER, Joshua appointeddirector
- 2004-04-23➖MBM SECRETARIAL SERVICES LIMITED resignedcorporate-secretary
- 2004-04-23➕MILLER, Charles Stewart appointeddirector
- 2004-04-23➕MILLER, Janet Proudfoot Mccabe appointeddirector
- 2004-04-23➖MBM BOARD NOMINEES LIMITED resignedcorporate-nominee-director
- 2003-07-08🏢Company incorporatedAs CHARLIE MILLER HAIRDRESSING LIMITED
- 2003-07-08➕MBM SECRETARIAL SERVICES LIMITED appointedcorporate-secretary
- 2003-07-08➕MBM BOARD NOMINEES LIMITED appointedcorporate-nominee-director
Owner dependency
99/100
Critical — business is the founderThe 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 "MILLER" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 23 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
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
🔒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 · Trade services · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| EAST COAST COMPUTING LTD→ SC606039 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| EAST REN SCHOOLS SERVICES LIMITED→ SC202903 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| EASTON GP UNLIMITED→ SC373794 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| ECHO 3 SCOTLAND LIMITED→ SC559159 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ECOPRESS LTD→ SC881811 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ECURIE ECOSSE PROMOTIONS LTD→ SC417017 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| EDINBURGH CITY DRIVING SCHOOL LTD→ SC373848 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| EDINBURGH CLEANING TEAM LTD→ SC877987 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| EDINBURGH CONNECT LTD→ SC831116 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| EDINBURGH CONTRACTS LTD→ SC733017 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| EDINBURGH DOG BEHAVIOUR LTD→ SC747208 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| EDINBURGH FIREWORKS STORE LTD→ SC381315 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
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
Incorporated2003-07-08
Jurisdictionscotland
Primary SIC96020 — Hairdressing and other beauty treatment
Registered office
13 Stafford Street
Edinburgh
Midlothian
EH3 7BR
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-28
Last: 2025-06-14
Officers (3 active · 4 resigned)
Active
MILLER, Jason→
Activedirector · ~60y · appointed 2004-04-23
View their other companies + combined net worth →
MILLER, Joshua→
Activedirector · ~56y · appointed 2004-04-23
View their other companies + combined net worth →
MBM SECRETARIAL SERVICES LIMITED→
Resignedcorporate-secretary · appointed 2003-07-08 · resigned 2004-04-23
MILLER, Charles Stewart→
Resigneddirector · ~82y · appointed 2004-04-23 · resigned 2022-05-22
MILLER, Janet Proudfoot Mccabe→
Resigneddirector · ~79y · appointed 2004-04-23 · resigned 2024-06-30
MBM BOARD NOMINEES LIMITED→
Resignedcorporate-nominee-director · appointed 2003-07-08 · resigned 2004-04-23
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
2
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 10/09/2024 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 06/08/2024 | — | |
| satisfied | Santander Santander UK PLC | A registered charge | 1 property | 12/08/2019 | 09/09/2024 | |
| satisfied | Santander Santander UK PLC | A registered charge | — | 02/08/2019 | 09/09/2024 | |
| satisfied | Adam & Company Adam & Company PLC | A registered charge | 1 property | 15/05/2018 | 27/08/2019 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (91 total)
change-person-director-company-with-change-date
officers · CH01
2025-12-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-09-12
mortgage-satisfy-charge-full
mortgage · MR04
2024-09-09
mortgage-satisfy-charge-full
mortgage · MR04
2024-09-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-30
termination-director-company-with-name-termination-date
officers · TM01
2024-07-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-28
termination-director-company-with-name-termination-date
officers · TM01
2022-05-27