R & L MILLER LIMITED

🌳Matureactive
SC267227 · ltd · incorporated 2004-04-29
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.
Why now
Window steady · low confidence
Steady and tidy — no seller pressure yet. Approach only if an angle opens.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 22.0y old — refinance window within 12 months
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
—
year to May 2025
Net worth
£5.53M
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 46610
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 22.0y

65/100
clean up first

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

  • · Oldest live charge is 22.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 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
2 connected companies via shared directors
51
Filing history
58 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
80
Strong succession / seller-readiness signals.
Risk profile
85
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 £5,527,898
Cash YoY
+415%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£9k
↑ 415% YoY
Net Worth
£5.5m
↑ 11% YoY
Current Assets
£8.9m
↑ 13% YoY
Current Liabilities
—
£0£1.8m£3.6m£5.3m£7.1m£8.9mMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£7.15M£6.12M
Current assets£8.88M£7.84M
Cash£8.8k£1.7k
Debtors£1.53M£1.18M
Net assets£5.53M£5.00M

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 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-01-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-25
    📄
    capital-allotment-shares
    capital · SH01
  3. 2025-02-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-02-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-01-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-05-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-07-10
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2019-07-09
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2019-01-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-01-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-01-16
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-12-16
    📄
    capital-allotment-shares
    capital · SH01
  15. 2016-07-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2004-06-21
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  17. 2004-04-29
    🏢
    Company incorporated
    As R & L MILLER LIMITED
  18. 2004-04-29
    ➕
    MILLER, Agnes Lorna appointed
    secretary
  19. 2004-04-29
    ➕
    MILLER, Agnes Lorna appointed
    director
  20. 2004-04-29
    ➕
    MILLER, Robert James appointed
    director
  21. 2004-04-29
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  22. 2004-04-29
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  23. 2004-04-29
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  24. 2004-04-29
    ➖
    STEPHEN MABBOTT LTD. 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 "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.
  • +Founder age: Director aged approximately 68 — 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 68. 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 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Agnes Lorna Miller
Individual · British · DOB 06/1959 · age 67
25–50%
—25-50% shares06/04/2016
Mr Robert James Miller
Individual · British · DOB 08/1958 · age 68
25–50%
—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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DURACARE LIMITED→
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SC355464 · est 2009
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——917y8581y
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——023y8581y
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————83y8374y
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——£165.9k—20y8363y
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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
Incorporated2004-04-29
Jurisdictionscotland
Primary SIC46610 — SIC 46610

Registered office

Jameston Moss Farm
Dalry
Ayrshire
KA24 4HB

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-05-07
Last: 2026-04-23

Officers (3 active · 2 resigned)

MILLER, Agnes Lorna→
secretary · appointed 2004-04-29
View their other companies + combined net worth →
Active
MILLER, Agnes Lorna→
director · ~67y · appointed 2004-04-29
View their other companies + combined net worth →
Active
MILLER, Robert James→
director · ~68y · appointed 2004-04-29
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2004-04-29 · resigned 2004-04-29
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2004-04-29 · resigned 2004-04-29
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property21/06/2004—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (58 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-12
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-25
capital-allotment-shares
capital · SH01
2025-06-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-02-26