MILNE & WILSON (BODYSHOP) LIMITED

🌳Matureactive
SC308271 · ltd · incorporated 2006-09-08
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 Dec 2025
Net worth
£52.0k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
Investor take
Pursue
Asset-holding vehicle with a 75-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 75). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (68/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
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
50 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £52,027

Key financials

1 year extracted from filed iXBRL accounts
Cash
£125k
Net Worth
£52k
Current Assets
£127k
Current Liabilities
—

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-12-31
Total assets£52.0k
Current assets£127.4k
Cash£125.1k
Debtors£2.3k
Net assets£52.0k

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
3
filings
  • • 2 accounts
  • • 1 address
Last 180 days
3
filings
  • • 2 accounts
  • • 1 address
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-04-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2026-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2026-03-11
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  4. 2025-04-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-03-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-05-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-05-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-07-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2020-07-01
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  11. 2020-07-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2020-07-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2020-06-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-04-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-05-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-05-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2009-06-30
    ➕
    WILSON, Joyce appointed
    secretary
  18. 2009-06-30
    ➖
    MILNE, Kay resigned
    secretary
  19. 2006-09-08
    🏢
    Company incorporated
    As MILNE & WILSON (BODYSHOP) LIMITED
  20. 2006-09-08
    ➕
    MILNE, Douglas John appointed
    director
  21. 2006-09-08
    ➕
    WILSON, Derek Brewster appointed
    director
  22. 2006-09-08
    ➕
    MILNE, Kay appointed
    secretary
  23. 2006-09-08
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  24. 2006-09-08
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary

Owner dependency

98/100
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 "MILNE" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 75 — succession pressure is live.

Succession & seller-readiness

89/100
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 75 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 20 years.
  • secondaryStable-but-static management: Company is 20 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
Mr Douglas John Milne
Individual · Scottish · DOB 06/1951 · age 75
25–50%
—25-50% shares06/04/2016
Mr Derek Brewster Wilson
Individual · Scottish · DOB 09/1958 · 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.

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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
Incorporated2006-09-08
Jurisdictionscotland
Primary SIC45200 — SIC 45200

Registered office

65 Westfield Loan
Forfar
Angus
DD8 1JN
Scotland

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-09-20
Last: 2025-09-06

Officers (3 active · 2 resigned)

WILSON, Joyce→
secretary · appointed 2009-06-30
View their other companies + combined net worth →
Active
MILNE, Douglas John→
director · ~75y · appointed 2006-09-08
View their other companies + combined net worth →
Active
WILSON, Derek Brewster→
director · ~68y · appointed 2006-09-08
View their other companies + combined net worth →
Active
MILNE, Kay→
secretary · appointed 2006-09-08 · resigned 2009-06-30
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2006-09-08 · resigned 2006-09-08
Resigned

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

Recent filings (50 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-30
change-account-reference-date-company-previous-extended
accounts · AA01
2026-03-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-10
change-person-director-company-with-change-date
officers · CH01
2020-07-01