SCOTIA (MIDMILL) LIMITED
- · Oldest live charge 8.1y old — refinance window within 12 months
Opportunity 75/100 (strong), bankability 85/100. Strong seller-intent signal (65/100, director aged 84). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
2 live charges · 2 lenders · oldest 8.1y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 8.1 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 23/100 — clean.
Data confidence
Overall: medium (61/100)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.
Recent activity
- • 1 accounts
- • 1 officers
- • 2 officers
- • 1 accounts
- • 1 confirmation-statement
Corporate timeline (44 events)Click to expand
- 2026-04-01📄accounts-with-accounts-type-smallaccounts · AA
- 2026-03-26➕MORRICE, Craig Sutherland appointeddirector
- 2026-03-26📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-01-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-01-09➖BEATON, Carol Anne resigneddirector
- 2025-12-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-12-22🔓Charge satisfied #2
- 2025-08-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-07-31➖REID, Graham resigneddirector
- 2025-04-04📄accounts-with-accounts-type-smallaccounts · AA
- 2024-04-04📄accounts-with-accounts-type-smallaccounts · AA
- 2024-03-01📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-02-29➖HMS SECRETARIES LIMITED resignedcorporate-secretary
- 2023-10-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-09-18➖BOYLE, Patrick Joseph resigneddirector
- 2023-02-06📄accounts-with-accounts-type-smallaccounts · AA
- 2023-01-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-12-31➖BRUCE, William Martin resigneddirector
- 2022-12-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-11-30➖LONIE, Andrew resigneddirector
- 2022-07-28📄change-person-director-company-with-change-dateofficers · CH01
- 2022-02-18📄accounts-with-accounts-type-smallaccounts · AA
- 2021-06-29📄accounts-with-accounts-type-smallaccounts · AA
- 2021-05-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-05-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-05-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-05-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-05-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-05-04➕BEGBIE, Richard Gerard appointeddirector
- 2021-05-04➕GERRARD, Gary James appointeddirector
- 2021-05-04➕BOYLE, Patrick Joseph appointeddirector
- 2021-05-04➕LONIE, Andrew appointeddirector
- 2021-05-04➕REID, Graham appointeddirector
- 2021-03-25🔒Charge registered #2Lender: Bank of Scotland PLC
- 2020-07-22➕HMS SECRETARIES LIMITED appointedcorporate-secretary
- 2020-06-08🔓Charge satisfied #1
- 2020-05-28➕CAMERON, David John appointeddirector
- 2020-05-28➕LINTON, Bruce Reid appointeddirector
- 2020-05-28➖BURNESS PAULL LLP resignedcorporate-secretary
- 2018-04-12🔒Charge registered #1Lender: Derek William Ferguson
- 2018-02-15🏢Company incorporatedAs SCOTIA (MIDMILL) LIMITED
- 2018-02-15➕BURNESS PAULL LLP appointedcorporate-secretary
- 2018-02-15➕BEATON, Carol Anne appointeddirector
- 2018-02-15➕BRUCE, William Martin appointeddirector
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- -5 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 84 — succession pressure is live.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 70+: Senior director is approximately 84 years old. Natural succession window is now.
Red flags
1 med ·Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: BEATON, Carol Anne resigned 2026-01-09; REID, Graham resigned 2025-07-31
Group structure
Scotia Homes (Holdings) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Scotia Homes (Holdings) Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 15/02/2018 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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 (5 active · 7 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 25/03/2021 | 22/12/2025 | |
| satisfied | Derek William Ferguson | A registered charge | 1 property | 12/04/2018 | 08/06/2020 |