L & M KILMINSTER LIMITED
🌳Matureactive
SC274304 · ltd · incorporated 2004-10-06
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£358.5k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Retail sale in non-specialised stores with food, beverages or tobacco predominating
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 68-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 65/100. Strong seller-intent signal (63/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -35% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
4 live charges · 2 lenders · oldest 19.6y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 19.6 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Cashflow trend is negative — lender view likely cautious.
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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 3 with DOB)
82
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
66 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 · FRS 102Positive net assets
Net assets £358,496
Cash YoY
-35%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£173k
↓ 35% YoY
Net Worth
£358k
~ YoY
Current Assets
£213k
↓ 32% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £518.9k | £404.1k |
| Current assets | £213.4k | £311.6k |
| Cash | £173.5k | £267.9k |
| Net assets | £358.5k | £356.3k |
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 (27 events)Click to expand
- 2026-03-17📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-08-07📄change-person-director-company-with-change-dateofficers · CH01
- 2025-03-26📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-03-26📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-03-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-10-14📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-10-19➖YOUR ACCOUNTS SQUARED LTD resignedcorporate-secretary
- 2020-10-19📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2020-10-19📄change-person-director-company-with-change-dateofficers · CH01
- 2020-10-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-10-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-10-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-10-11📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2019-03-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-11-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-11-15📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2010-02-04🔒Charge registered #4Lender: Royal Bank of Scotland PLC
- 2009-02-23🔒Charge registered #3Lender: Royal Bank of Scotland PLC
- 2009-02-23🔒Charge registered #2Lender: Royal Bank of Scotland PLC
- 2006-09-13🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2006-06-20➕KILMINSTER, Lorraine appointeddirector
- 2006-06-06➖AG ACCOUNTING LTD resignedcorporate-secretary
- 2006-06-06➕YOUR ACCOUNTS SQUARED LTD appointedcorporate-secretary
- 2004-10-06🏢Company incorporatedAs L & M KILMINSTER LIMITED
- 2004-10-06➕KILMINSTER, Leslie appointeddirector
- 2004-10-06➕KILMINSTER, Leslie Allan appointeddirector
- 2004-10-06➕AG ACCOUNTING LTD appointedcorporate-secretary
Owner dependency
98/100
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
- +Founder name in company name: Company name contains director surname "KILMINSTER" — 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
80/100
Likely off-market candidateStrong 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.
- 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Leslie Kilminster Individual · British · DOB 10/1978 · age 48 | 25–50% | — | 25-50% shares | 06/10/2016 |
Mr Leslie Allan Kilminster Individual · British · DOB 06/1958 · age 68 | — | — | sig. influencesignificant influence | 06/10/2016 |
Lorraine Kilminster Individual · British · DOB 05/1959 · age 67 | — | — | sig. influencesignificant influence | 06/10/2016 |
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 →Similar companies
Active · Retail · PH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| HERUS U.K LIMITED→ SC660203 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| HIGHLAND MAGIC FIBRE ARTS LTD→ SC767067 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| JARRAL LTD→ SC839887 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| KILT IN A BOX LIMITED→ SC805205 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| KILTED FUDGE COMPANY LIMITED→ SC565671 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| KLICKIFY LIMITED→ SC862462 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| KS KITCHENS PERTH LIMITED→ SC750861 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| LCM OPTICS LTD→ SC884376 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| LEVSHOP LTD→ SC818483 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| LOCH & LATHER LTD→ SC853074 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| LOCHABER FARM SHOP LIMITED→ SC297393 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| LOGS FOR YOU LTD→ SC799010 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2004-10-06
Jurisdictionscotland
Primary SIC47110 — Retail sale in non-specialised stores with food, beverages or tobacco predominating
Registered office
2 Marshall Place
Perth
Perthshire
PH2 8AH
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-10-20
Last: 2025-10-06
Officers (3 active · 2 resigned)
KILMINSTER, Leslie→
Activedirector · ~48y · appointed 2004-10-06
View their other companies + combined net worth →
KILMINSTER, Leslie Allan→
Activedirector · ~68y · appointed 2004-10-06
View their other companies + combined net worth →
KILMINSTER, Lorraine→
Activedirector · ~67y · appointed 2006-06-20
View their other companies + combined net worth →
AG ACCOUNTING LTD→
Resignedcorporate-secretary · appointed 2004-10-06 · resigned 2006-06-06
YOUR ACCOUNTS SQUARED LTD→
Resignedcorporate-secretary · appointed 2006-06-06 · resigned 2020-10-19
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 04/02/2010 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 23/02/2009 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 23/02/2009 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 13/09/2006 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (66 total)
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-03-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-09
change-person-director-company-with-change-date
officers · CH01
2025-08-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-08
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-18
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-03-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-15
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-10-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-19
termination-secretary-company-with-name-termination-date
officers · TM02
2020-10-19
change-person-director-company-with-change-date
officers · CH01
2020-10-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-10-19