MCMILLAR SOLUTIONS LIMITED
Opportunity 71/100 (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: Cash flow review and working-capital discipline. Cash down -34% YoY — forensic review of receivables, stock turns, and creditor days. 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 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £796 | £3.9k |
| Current assets | £31.0k | £16.9k |
| Cash | £8.1k | £12.3k |
| Debtors | £22.9k | £4.7k |
| Net assets | £265 | £274 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 signals 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
- • 1 accounts
Corporate timeline (16 events)Click to expand
- 2026-02-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-05-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-04-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-01📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-05-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-04-26📄capital-allotment-sharescapital · SH01
- 2019-01-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-05-05🏢Company incorporatedAs MCMILLAR SOLUTIONS LIMITED
- 2017-05-05➕MILLAR, Mark appointeddirector
- 2017-05-05📄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 "MILLAR" — strong identity link between founder and business.
- +No director turnover: Company is 9 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.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Mark Millar Individual · British · DOB 02/1983 · age 43 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control · trust interest · firm interest | 05/05/2017 |
1 historic (ceased) PSC
- Mrs Louise Millarceased 31/03/2021· 25-50% shares
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)
Click a director name to see their full track record across all companies.