ELAN HAIR DESIGN LTD.

🌳Matureactive
SC253064 · ltd · incorporated 2003-07-21
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 6.9y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Sept 2024
Net worth
£58.9k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Hairdressing and other beauty treatment
Sector: Other service activities
Investor take
Pursue
Asset-holding vehicle with a 70-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (93/100, director aged 70). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · oldest 6.9y

85/100
ready

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

  • · Oldest live charge is 6.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (76/100)

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
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
Network not yet resolved
30
Filing history
64 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 declared
Positive net assets
Net assets £58,857
Net assets shrinking
Down £7,244 YoY
Cash YoY
+30%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£19k
↑ 30% YoY
Net Worth
£59k
↓ 11% YoY
Current Assets
£24k
↑ 24% YoY
Current Liabilities
£0£13k£26k£40k£53k£66kSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-302023-09-30
Total assets£70.2k£88.7k
Current assets£24.3k£19.6k
Cash£19.0k£14.7k
Debtors£2.1k£2.0k
Net assets£58.9k£66.1k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2025-06-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-06-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-02-22
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2024-02-22
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2024-02-22
    🔓
    Charge satisfied #3
  6. 2024-02-22
    🔓
    Charge satisfied #2
  7. 2023-11-23
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2023-11-23
    🔓
    Charge satisfied #1
  9. 2023-05-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-01-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-06-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2020-06-24
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  14. 2019-12-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-07-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2019-07-11
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  17. 2019-06-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2019-06-11
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  19. 2019-05-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2018-03-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2017-06-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  22. 2017-02-23
    📄
    resolution
    resolution · RESOLUTIONS
  23. 2003-10-01
    MILTON, Lorna Margaret appointed
    director
  24. 2003-07-21
    🏢
    Company incorporated
    As ELAN HAIR DESIGN LTD.
  25. 2003-07-21
    MILTON, Lorna Margaret appointed
    secretary
  26. 2003-07-21
    MILTON, Gordon David appointed
    director
  27. 2003-07-21
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  28. 2003-07-21
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  29. 2003-07-21
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  30. 2003-07-21
    STEPHEN MABBOTT LTD. resigned
    corporate-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 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 70 — 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 70 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 23 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
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 Gordon David Milton
Individual · British · DOB 04/1956 · age 70
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Mrs Lorna Margaret Milton
Individual · British · DOB 03/1956 · age 70
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2003-07-21
Jurisdictionscotland
Primary SIC96020 — Hairdressing and other beauty treatment

Registered office

46 West High Street
Inverurie
Aberdeenshire
AB51 3QR

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-08-04
Last: 2025-07-21

Officers (3 active · 2 resigned)

MILTON, Lorna Margaret
secretary · appointed 2003-07-21
View their other companies + combined net worth →
Active
MILTON, Gordon David
director · ~70y · appointed 2003-07-21
View their other companies + combined net worth →
Active
MILTON, Lorna Margaret
director · ~70y · appointed 2003-10-01
View their other companies + combined net worth →
Active
BRIAN REID LTD.
corporate-nominee-secretary · appointed 2003-07-21 · resigned 2003-07-21
Resigned
STEPHEN MABBOTT LTD.
corporate-nominee-director · appointed 2003-07-21 · resigned 2003-07-21
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
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property24/06/202022/02/2024
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property11/07/201922/02/2024
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge11/06/201923/11/2023

Recent filings (64 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-03
mortgage-satisfy-charge-full
mortgage · MR04
2024-02-22
mortgage-satisfy-charge-full
mortgage · MR04
2024-02-22
mortgage-satisfy-charge-full
mortgage · MR04
2023-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-06-27