MICHELIN SCOTLAND INNOVATION PARC LIMITED

🏛️Establishedactive
SC631736 · ltd · incorporated 2019-05-28
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 Mar 2025
Net worth
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

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

35/100
too messy

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.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
10 officers (2 active, 10 linked, 9 with DOB)
88
Ownership & PSC
1 active PSC(s) of 5 total, 5 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
57 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-30
Average employees22

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

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

Last 30 days
1
filing
  • 1 mortgage
Last 90 days
2
filings
  • 1 mortgage
  • 1 accounts
Last 180 days
3
filings
  • 2 accounts
  • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (46 events)Click to expand
  1. 2026-04-30
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2026-04-29
    🔒
    Charge registered #4
    Lender: Hsbc UK Bank PLC
  3. 2026-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-12-18
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  5. 2025-03-15
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  6. 2025-03-10
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2025-03-06
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  8. 2025-02-28
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2025-02-28
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2025-02-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2025-02-27
    🔒
    Charge registered #3
    Lender: Reward Finance Group Limited
  12. 2025-02-26
    🔒
    Charge registered #2
    Lender: Hsbc UK Bank PLC
  13. 2025-02-26
    🔒
    Charge registered #1
    Lender: Reward Finance Group Limited
  14. 2025-01-14
    📄
    memorandum-articles
    incorporation · MA
  15. 2025-01-14
    📄
    resolution
    resolution · RESOLUTIONS
  16. 2025-01-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  17. 2025-01-14
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2025-01-14
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  19. 2025-01-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2025-01-14
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  21. 2025-01-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  22. 2025-01-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  23. 2025-01-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  24. 2025-01-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  25. 2025-01-14
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  26. 2024-12-19
    📄
    capital-alter-shares-subdivision
    capital · SH02
  27. 2024-12-18
    REID, John William appointed
    director
  28. 2024-12-18
    ROWAN, Hamish David appointed
    director
  29. 2024-12-18
    THORNTONS LAW LLP resigned
    corporate-secretary
  30. 2024-12-18
    COLGAN, Gregory Thomas resigned
    director
  31. 2024-12-18
    LAW, Alexander Olivier Edward resigned
    director
  32. 2024-12-18
    SHAW, Derek Alexander resigned
    director
  33. 2024-12-13
    📄
    resolution
    resolution · RESOLUTIONS
  34. 2022-12-31
    LAW, Alexander Olivier Edward appointed
    director
  35. 2022-12-31
    MONSAINGEON, Jerome Henri resigned
    director
  36. 2021-03-15
    HANNA, Linda Margaret resigned
    director
  37. 2021-03-15
    SHAW, Derek Alexander appointed
    director
  38. 2020-12-10
    COLGAN, Gregory Thomas appointed
    director
  39. 2020-12-10
    MARTIN, David Robert resigned
    director
  40. 2020-10-08
    THORNTONS LAW LLP appointed
    corporate-secretary
  41. 2019-05-29
    GALBRAITH, Eric Roger resigned
    director
  42. 2019-05-29
    HANNA, Linda Margaret appointed
    director
  43. 2019-05-29
    MARTIN, David Robert appointed
    director
  44. 2019-05-29
    MONSAINGEON, Jerome Henri appointed
    director
  45. 2019-05-28
    🏢
    Company incorporated
    As MICHELIN SCOTLAND INNOVATION PARC LIMITED
  46. 2019-05-28
    GALBRAITH, Eric Roger appointed
    director

Owner dependency

66/100
High — earn-out structure required

Material 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.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Wilkie Nexus Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Wilkie Nexus Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
MICHELIN SCOTLAND INNOVATION PARC LIMITED
This company · SC631736

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%
NameSharesVoting rightsNature of controlNotified
Wilkie Nexus Holdings Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control18/12/2024
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.

🔒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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2019-05-28
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

. Baldovie Road
Dundee
DD4 8UQ
Scotland

Filing status

Accounts
Next due: 2026-12-30
Last made up to: 2025-03-30
Confirmation statement
Next due: 2026-06-10
Last: 2025-05-27

Officers (2 active · 8 resigned)

REID, John William
director · ~60y · appointed 2024-12-18
View their other companies + combined net worth →
Active
ROWAN, Hamish David
director · ~42y · appointed 2024-12-18
View their other companies + combined net worth →
Active
THORNTONS LAW LLP
corporate-secretary · appointed 2020-10-08 · resigned 2024-12-18
Resigned
COLGAN, Gregory Thomas
director · ~48y · appointed 2020-12-10 · resigned 2024-12-18
Resigned
GALBRAITH, Eric Roger
director · ~67y · appointed 2019-05-28 · resigned 2019-05-29
Resigned
HANNA, Linda Margaret
director · ~60y · appointed 2019-05-29 · resigned 2021-03-15
Resigned
LAW, Alexander Olivier Edward
director · ~47y · appointed 2022-12-31 · resigned 2024-12-18
Resigned
MARTIN, David Robert
director · ~66y · appointed 2019-05-29 · resigned 2020-12-10
Resigned
MONSAINGEON, Jerome Henri
director · ~72y · appointed 2019-05-29 · resigned 2022-12-31
Resigned
SHAW, Derek Alexander
director · ~50y · appointed 2021-03-15 · resigned 2024-12-18
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

4
Total charges
4
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge1 property29/04/2026
outstanding
Reward Finance Group
Reward Finance Group Limited
A registered charge1 property27/02/2025
outstanding
HSBC
Hsbc UK Bank PLC
A registered charge26/02/2025
outstanding
Reward Finance Group
Reward Finance Group Limited
A registered charge1 property26/02/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (57 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-30
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-12-18
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-16
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-03-15
accounts-with-accounts-type-small
accounts · AA
2025-03-10
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-03-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-27
memorandum-articles
incorporation · MA
2025-01-14
resolution
resolution · RESOLUTIONS
2025-01-14
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-01-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-01-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-01-14