MTH HIRE LTD
Opportunity 72/100 (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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key 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 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 accounts
- • 1 accounts
Corporate timeline (12 events)Click to expand
- 2026-02-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-02-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-02-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-05-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-05-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-05-01➕MILLER, Warren Alan appointeddirector
- 2023-05-01➖MILLER, Richard resigneddirector
- 2023-03-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-02-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-05-26🏢Company incorporatedAs MTH HIRE LTD
- 2020-05-26➕MILLER, Richard appointeddirector
- 2020-05-26📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
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 Richard Miller Individual · British · DOB 01/1964 · age 62 | 75–100% | — | 75-100% shares | 26/05/2020 |
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 · Transport & logistics · FK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| DGS PLANT LTD→ SC843339 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| MEISHA LTD→ SC878717 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| MILLAR INTERNATIONAL FREIGHT TRANSPORT LIMITED→ SC126477 · est 1990 · no financials extracted | — | — | — | — | 35y | — | — |
| MILLERS TAXIS (SCOTLAND) LIMITED→ SC527349 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| OLLIE RECOVERY LIMITED→ SC565620 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| P&P TRANSPORT LTD→ SC751240 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| PINWHEEL LOGISTICS LTD→ SC677063 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| POLYMER LOGISTICS SCOTLAND LTD.→ SC192213 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| PRESTIGE CAR CARRIERS LTD→ SC827998 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| PT TRANSPORT (FALKIRK) LTD→ SC713100 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| QUINN MCTURK & CO→ SC718381 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| RALES LOGISTICS AND OFFSHORE SERVICES LTD→ SC678120 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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 · 1 resigned)
Click a director name to see their full track record across all companies.