SIMPLE APPROACH ESTATE AGENTS LTD
🏛️Establishedactive
SC537729 · ltd · incorporated 2016-06-13
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Real estate agencies
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and bankable structure.
Opportunity 74/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
1 live charge · oldest 1.7y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 1.7 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Average employees | 500 | 400 |
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 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
- 2026-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-05🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2024-03-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-10-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-10-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-10-19📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-10-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-10-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-10-01➕MILLAR, Ray Gary appointeddirector
- 2019-10-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-10-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-03-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-06-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2016-06-13🏢Company incorporatedAs SIMPLE APPROACH ESTATE AGENTS LTD
- 2016-06-13➕MILLAR, Alison Agnes appointeddirector
Owner dependency
71/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ray Gary Millar Individual · British · DOB 12/1980 · age 46 | 25–50% | — | 25-50% shares | 01/10/2020 |
Mrs Alison Agnes Millar Individual · British · DOB 05/1983 · age 43 | 25–50% | — | 25-50% shares | 22/06/2016 |
1 historic (ceased) PSC
- Alison Millerceased 01/08/2019· 75-100% shares
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 · Property · PH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CARE DEVELOPMENTS LIMITED→ SC232613 · est 2002 | £84.0k £71.4k–£96.6k | — | £84.0k | — | 23y | 83 | 76y |
| 5-S CONSTRUCTION LIMITED→ SC312100 · est 2006 | £66.8k £56.8k–£76.9k | — | £66.8k | — | 19y | 83 | 62y |
| MORRIS LESLIE LIMITED→ SC092397 · est 1985 | — | — | — | 41 | 41y | 88 | 71y |
| ALBERT PLACE PROPERTIES LIMITED→ SC299672 · est 2006 | — | — | — | — | 20y | 83 | 74y |
| SECOND COAST LIMITED→ SC681818 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| SMURRANLEY INVESTMENTS LTD→ SC713971 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| SPROG HOLDINGS LTD→ SC835035 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| STRATHALLAN PROPERTIES LTD→ SC711443 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| THE CAIRN PARTNERSHIP LIMITED→ SC286211 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| TRAMPS LIKE US LTD→ SC858533 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| TRESCORP LIMITED→ SC111612 · est 1988 · no financials extracted | — | — | — | — | 37y | — | — |
| WASTED DEGREES HOLDINGS LTD→ SC766712 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Typeltd
Incorporated2016-06-13
Jurisdictionscotland
Primary SIC68310 — Real estate agencies
Registered office
Number One Rosemount
Parkhead Road
Blairgowrie
PH10 6LW
Scotland
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-11-02
Last: 2025-10-19
Officers (2 active · 0 resigned)
MILLAR, Alison Agnes→
Activedirector · ~43y · appointed 2016-06-13
View their other companies + combined net worth →
MILLAR, Ray Gary→
Activedirector · ~46y · appointed 2020-10-01
View their other companies + combined net worth →
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 05/08/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (29 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-04
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-25
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-10-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-10-19
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-10-19