MCMILLAN VEHICLE SERVICING & REPAIRS LIMITED
- 45200SIC 45200
Opportunity 70/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £3.3k | £4.7k |
| Current assets | £4.5k | £4.2k |
| Net assets | £3.3k | £4.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
Corporate timeline (18 events)Click to expand
- 2025-11-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-05-24✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2023-10-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-06-09📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2023-01-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-11-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-01-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-02-13📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2017-01-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2016-06-03📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-05-19🏢Company incorporatedAs MCMILLAN VEHICLE SERVICING & REPAIRS LIMITED
- 2015-05-19➕MCMILLAN, Fraser appointeddirector
- 2015-05-19📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder name in company name: Company name contains director surname "MCMILLAN" — strong identity link between founder and business.
- +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2024-05-24: certificate-change-of-name-company
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Fraser Mcmillan Individual · British · DOB 08/1986 · age 40 | 75–100% | — | 75-100% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
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