MILLER HENDRY (TRUSTEES) LIMITED

🌳Matureactive

SC263539 · private-limited-guarant-nsc · incorporated 2004-02-16

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

78/100

Strong

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What this business does

Primary activity: Non-trading company

Sector: Professional, scientific & technical

Investor take

Pursue

Strong opportunity: dormant / non-trading with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: low (50/100)

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

Confirmed no charges registered

Directors & officers

36 officers (13 active, 36 linked, 33 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

8 connected companies via shared directors

Filing history

90 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filing

• 1 officers

Last 180 days

filings

• 1 officers
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (82 events)Click to expand

2026-04-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-03-31
➖
ANDREW, James Clarke resigned
director
2025-10-17
📄
change-person-director-company-with-change-date
officers · CH01
2025-10-02
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-10-02
📄
change-person-director-company-with-change-date
officers · CH01
2025-09-30
➖
YELLOWLEES, Morag Wilson resigned
director
2025-05-06
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-25
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-04-24
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-04-24
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-04-01
➕
O'HARE, Stephen Patrick appointed
director
2025-03-31
➖
FRENZ, Richard Alan resigned
director
2025-03-31
➖
KENNEDY, Callum Stuart resigned
director
2024-10-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-28
📄
change-person-director-company-with-change-date
officers · CH01
2023-06-16
📄
appoint-corporate-secretary-company-with-name-date
officers · AP04
2023-06-16
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2023-06-16
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-06-16
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-06-16
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-06-16
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-06-16
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-06-16
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-06-16
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-06-16
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-06-16
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-05-24
➕
LINDSAYS LLP appointed
corporate-secretary
2023-05-24
➕
FRASER, Caroline Allison appointed
director
2023-05-24
➕
JOHNSON, Ian Grant appointed
director
2023-05-24
➕
KERR, Lynsey Christine appointed
director
2023-05-24
➕
LAMB, Alexander Mcdougal appointed
director
2023-05-24
➕
MCCARROLL, Clare Margaret appointed
director
2023-05-24
➕
MCKAY, Alison Doreen appointed
director
2023-05-24
➖
BOATH, Ernest Sinclair resigned
secretary
2023-05-24
➕
KENNEDY, Callum Stuart appointed
director
2023-05-24
➕
YELLOWLEES, Morag Wilson appointed
director
2022-07-31
➖
MACLEOD, Alasdair Donald resigned
director
2020-07-01
➕
FITZGERALD, Alison Louise appointed
director
2020-06-30
➖
FRASER, Caroline Allison resigned
director
2019-04-25
➕
BOATH, Ernest Sinclair appointed
secretary
2019-04-25
➖
STEVEN, Alaisdair John Lawrie resigned
secretary
2018-06-23
➖
HOPE, Jeffrey Allan resigned
director
2017-07-01
➖
MATTHEW, Alan Stuart resigned
director
2016-07-01
➕
FRASER, Caroline Allison appointed
director
2016-07-01
➕
MACLEOD, Alasdair Donald appointed
director
2014-08-25
➖
MATTHEW, Eileen Agnes resigned
director
2014-06-10
➖
CLARK, Michael Robert Forman resigned
director
2013-02-15
➖
DUNCAN, Alistair Ross resigned
director
2011-07-01
➖
RENNET, Miriam Fraser resigned
director

Showing most recent 50 of 82 events

Owner dependency

58/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-12 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

70/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
primary20+ year tenure: Director in role 22 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

1 med ·

2 director resignations in last 12 months

medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: ANDREW, James Clarke resigned 2026-03-31; YELLOWLEES, Morag Wilson resigned 2025-09-30

🔒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 · Holding company · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
THE TUITEAM COMPANY LIMITED→ SC189123 · est 1998	£1.27M £1.08M–£1.46M	—	£1.27M	—	27y	83	85y
GLENDINNING ASSETS LIMITED→ SC185169 · est 1998	£898.3k £763.5k–£1.03M	—	£898.3k	—	28y	82	69y
MDW SCOTLAND LTD→ SC206317 · est 2000	£395.2k £335.9k–£454.5k	—	£395.2k	—	26y	82	76y
PWP HOLDINGS LIMITED→ SC177994 · est 1997	£179.2k £152.3k–£206.1k	—	£179.2k	—	28y	82	67y
D.C. AGRICULTURAL HOLDINGS LIMITED→ SC215245 · est 2001	£13.2k £11.2k–£15.2k	—	£13.2k	—	25y	82	71y
HISTORIC LOTHIAN PROTECTION & DEVELOPMENT LIMITED→ SC231712 · est 2002	£9.4k £8.0k–£10.8k	—	£9.4k	—	24y	82	73y
CRAIGLEITH ELECTRONICS LIMITED→ SC162758 · est 1996	£6.1k £5.2k–£7.0k	—	£6.1k	—	30y	82	71y
HOT SPRING PORTABLE SPAS (SCOTLAND) LIMITED→ SC148582 · est 1994	£3.0k £2.6k–£3.5k	—	£3.0k	—	32y	82	65y
CP WAREHOUSING LIMITED→ SC247121 · est 2003	£2.4k £2.0k–£2.7k	—	£2.4k	—	23y	83	79y
MURRAY CAPITAL GROUP LIMITED→ SC375630 · est 2010	£1.0k £850–£1.1k	—	£1.0k	—	16y	82	75y
BALFOUR & MANSON PROPERTY LTD.→ SC041493 · est 1964	£401 £341–£461	—	£401	—	61y	82	66y
BLACKCRAIG WINDFARM HOLDINGS LIMITED→ SC502633 · est 2015	—	—	—	0	11y	89	44y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 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

Typeprivate-limited-guarant-nsc

Incorporated2004-02-16

Jurisdictionscotland

Primary SIC74990 — Non-trading company

Registered office

Caledonian Exchange

19a Canning Street

Edinburgh

EH3 8HE

Scotland

Filing status

Accounts

Next due: 2026-11-30

Last made up to: 2025-02-28

Confirmation statement

Next due: 2027-03-02

Last: 2026-02-16