MILGAR HOMES LIMITED

🌳Matureactive
SC252617 · ltd · incorporated 2003-07-10
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2025
Net worth
book net assets
Opportunity
83/100
Exceptional
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower. Family succession underway — not a classic acquisition target.

Opportunity 83/100 (exceptional), bankability 80/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 2.1y

50/100
clean up first

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

  • · Newest facility, 2.1 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (4 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
55 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
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£0£0£0£0£0Jul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-07-312024-07-31

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

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 (24 events)Click to expand
  1. 2026-03-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-09-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-09-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-03-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2024-08-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2024-07-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2024-07-01
    ALI, Sohail Anjam appointed
    director
  8. 2024-06-18
    🔒
    Charge registered #2
    Lender: Together Commercial Finance Limited
  9. 2024-04-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2024-04-05
    🔒
    Charge registered #1
    Lender: Together Commercial Finance Limited
  11. 2024-03-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2023-09-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2023-09-01
    ALI, Parveen Akhtar appointed
    director
  14. 2023-03-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2022-03-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2021-03-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2020-02-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2019-01-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2018-03-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  20. 2003-07-10
    🏢
    Company incorporated
    As MILGAR HOMES LIMITED
  21. 2003-07-10
    ALI, Nasreen appointed
    secretary
  22. 2003-07-10
    ALI, Zulfiqar appointed
    director
  23. 2003-07-10
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  24. 2003-07-10
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

40/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — ALI, Sohail Anjam (same surname) appointed 2024-07-01. Pattern consistent with intra-family handover.
  • primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Zulfiqar Ali
Individual · British · DOB 03/1955 · age 71
2550%
25-50% shares06/04/2016

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 →

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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 →
🔒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
Incorporated2003-07-10
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

35 Broomlands Gate, Lewis
Crescent, Broomlands
Irvine
Ayrshire
KA11 1HB

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-08-24
Last: 2025-08-10

Officers (4 active · 1 resigned)

ALI, Nasreen
secretary · appointed 2003-07-10
View their other companies + combined net worth →
Active
ALI, Parveen Akhtar
director · ~70y · appointed 2023-09-01
View their other companies + combined net worth →
Active
ALI, Sohail Anjam
director · ~46y · appointed 2024-07-01
View their other companies + combined net worth →
Active
ALI, Zulfiqar
director · ~71y · appointed 2003-07-10
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 2003-07-10 · resigned 2003-07-10
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
Together Money
Together Commercial Finance Limited
A registered charge1 property18/06/2024
outstanding
Together Money
Together Commercial Finance Limited
A registered charge05/04/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (55 total)

accounts-with-accounts-type-dormant
accounts · AA
2026-03-23
change-person-director-company-with-change-date
officers · CH01
2025-09-10
change-person-director-company-with-change-date
officers · CH01
2025-09-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-22
accounts-with-accounts-type-dormant
accounts · AA
2025-03-21
appoint-person-director-company-with-name-date
officers · AP01
2024-08-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-07-02
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-04-11
accounts-with-accounts-type-dormant
accounts · AA
2024-03-12
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-29
appoint-person-director-company-with-name-date
officers · AP01
2023-09-29
accounts-with-accounts-type-dormant
accounts · AA
2023-03-13
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-26