MILNE ENGINEERING LIMITED
🏛️Establishedactive
SC550046 · ltd · incorporated 2016-11-11
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
£217.6k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: SIC 33170
Sector: Manufacturing
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 76/100 (strong), bankability 75/100. 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 (65/100).
Data confidence
Overall: medium (78/100)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
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
70
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 · FRS 105 (micro)Positive net assets
Net assets £217,613
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£218k
↑ 8.7% YoY
Current Assets
£115k
~ YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £227.4k | £218.1k |
| Current assets | £115.3k | £116.0k |
| Net assets | £217.6k | £200.2k |
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
- 2025-05-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-08-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-01-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-01-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-01-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-01-06📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2020-09-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-08-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-08-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-11-11🏢Company incorporatedAs MILNE ENGINEERING LIMITED
- 2016-11-11➕MILNE, Eion Grant appointeddirector
- 2016-11-11➕MILNE, George Ross appointeddirector
- 2016-11-11➕MILNE, Graeme Alexander appointeddirector
- 2016-11-11📄incorporation-companyincorporation · NEWINC
Owner dependency
81/100
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 "MILNE" — strong identity link between founder and business.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
50/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
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 Eion Grant Milne Individual · Scottish · DOB 10/1992 · age 34 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 11/11/2019 |
Mr George Ross Milne Individual · Scottish · DOB 05/1963 · age 63 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 11/11/2019 |
Mr Graeme Alexander Milne Individual · Scottish · DOB 10/1992 · age 34 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 11/11/2019 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Manufacturing · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| OFFLOAD HOSE SERVICES LTD→ SC881938 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| OIL & GAS PROCESS SERVICES LTD→ SC803053 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| OMEGA COMPLETION LIMITED→ SC472887 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| ONE-DYAS EOG LIMITED→ SC005122 · est 1902 · no financials extracted | — | — | — | — | 123y | — | — |
| ONE-DYAS NORTH SEA LIMITED→ SC282771 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| ORBIS INDEX LTD→ SC747405 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| OREGON TIMBER FRAME LTD.→ SC181419 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| ORGANICA J LTD→ SC762712 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| OXLIPSY SERVICES LTD→ SC635918 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| PAD RISK CONSULTING LIMITED→ SC576758 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| PALM SAFE LTD→ SC669854 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| PAN TECHNICAL SERVICES LIMITED→ SC188672 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
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
Incorporated2016-11-11
Jurisdictionscotland
Primary SIC33170 — SIC 33170
Registered office
3 Largue Cottages
Forgue
Huntly
AB54 6HS
Scotland
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-10-20
Last: 2025-10-06
Officers (3 active · 0 resigned)
MILNE, Eion Grant→
Activedirector · ~34y · appointed 2016-11-11
View their other companies + combined net worth →
MILNE, George Ross→
Activedirector · ~63y · appointed 2016-11-11
View their other companies + combined net worth →
MILNE, Graeme Alexander→
Activedirector · ~34y · appointed 2016-11-11
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (22 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-07
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-15
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-26
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-07
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-18
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-31
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-22
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-24
confirmation-statement-with-updates
confirmation-statement · CS01
2021-01-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-01-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-01-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-01-06
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2021-01-06