MICHELIN SCOTLAND INNOVATION PARC LIMITED
Opportunity 79/100 (strong), bankability 65/100. 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 (73/100).
Refinance opportunity
4 live charges · 2 lenders · oldest 1.2y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 1.2 years old — likely still in initial term.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 23/100 — clean.
Data confidence
Overall: medium (73/100)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.
Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-30 |
|---|---|
| Average employees | 22 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
3 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 mortgage
- • 1 mortgage
- • 1 accounts
- • 2 accounts
- • 1 mortgage
Corporate timeline (46 events)Click to expand
- 2026-04-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-29🔒Charge registered #4Lender: Hsbc UK Bank PLC
- 2026-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-12-18📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-03-15📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-03-10📄accounts-with-accounts-type-smallaccounts · AA
- 2025-03-06📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-02-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-27🔒Charge registered #3Lender: Reward Finance Group Limited
- 2025-02-26🔒Charge registered #2Lender: Hsbc UK Bank PLC
- 2025-02-26🔒Charge registered #1Lender: Reward Finance Group Limited
- 2025-01-14📄memorandum-articlesincorporation · MA
- 2025-01-14📄resolutionresolution · RESOLUTIONS
- 2025-01-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-01-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-01-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-01-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-01-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-01-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-01-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-01-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-01-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-01-14📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-12-19📄capital-alter-shares-subdivisioncapital · SH02
- 2024-12-18➕REID, John William appointeddirector
- 2024-12-18➕ROWAN, Hamish David appointeddirector
- 2024-12-18➖THORNTONS LAW LLP resignedcorporate-secretary
- 2024-12-18➖COLGAN, Gregory Thomas resigneddirector
- 2024-12-18➖LAW, Alexander Olivier Edward resigneddirector
- 2024-12-18➖SHAW, Derek Alexander resigneddirector
- 2024-12-13📄resolutionresolution · RESOLUTIONS
- 2022-12-31➕LAW, Alexander Olivier Edward appointeddirector
- 2022-12-31➖MONSAINGEON, Jerome Henri resigneddirector
- 2021-03-15➖HANNA, Linda Margaret resigneddirector
- 2021-03-15➕SHAW, Derek Alexander appointeddirector
- 2020-12-10➕COLGAN, Gregory Thomas appointeddirector
- 2020-12-10➖MARTIN, David Robert resigneddirector
- 2020-10-08➕THORNTONS LAW LLP appointedcorporate-secretary
- 2019-05-29➖GALBRAITH, Eric Roger resigneddirector
- 2019-05-29➕HANNA, Linda Margaret appointeddirector
- 2019-05-29➕MARTIN, David Robert appointeddirector
- 2019-05-29➕MONSAINGEON, Jerome Henri appointeddirector
- 2019-05-28🏢Company incorporatedAs MICHELIN SCOTLAND INNOVATION PARC LIMITED
- 2019-05-28➕GALBRAITH, Eric Roger appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanGroup structure
Wilkie Nexus 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 |
|---|---|---|---|---|
Wilkie Nexus Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 18/12/2024 |
4 historic (ceased) PSCs
- Dundee City Councilceased 18/12/2024· 25-50% shares · 25-50% voting
- Michelin Tyre Plcceased 18/12/2024· 25-50% shares · 25-50% voting
- Scottish Enterpriseceased 18/12/2024· 25-50% shares · 25-50% voting
- Brodies & Co. (Trustees) Limitedceased 30/05/2019· 75-100% shares · 75-100% voting · board control
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.
See pricing →Similar companies
Active · Trade services · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| LEVELMAKE LIMITED→ SC140009 · est 1992 · no financials extracted | — | — | — | — | 33y | — | — |
| LIDION LIMITED→ SC474688 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| LISDON LIMITED→ SC236162 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| LUSKENTYRE CONSULTING LIMITED→ SC604777 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| M.E.M. MONTROSE LIMITED→ SC397976 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| MCKENNA SERVICES (SCOTLAND) LIMITED→ SC421881 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| MELCHAR LIMITED→ SC444813 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| MJM SAFETY LIMITED→ SC644881 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| MM DOMESTICS LTD→ SC730701 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| MODEVIE CONSULTING LTD→ SC725295 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| MONIFIETH HAND CAR WASH LTD→ SC877084 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| MONTROSE CLEANING & LAUNDRY SERVICES LTD→ SC749365 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
8 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 (2 active · 8 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 29/04/2026 | — | |
| outstanding | Reward Finance Group Reward Finance Group Limited | A registered charge | 1 property | 27/02/2025 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | — | 26/02/2025 | — | |
| outstanding | Reward Finance Group Reward Finance Group Limited | A registered charge | 1 property | 26/02/2025 | — |