CASA MCMILLAN LTD
💤Zombieactive
SC667712 · ltd · incorporated 2020-07-16
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jul 2025
Net worth
—
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
- 68209Other letting and operating of own or leased real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 73/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
5 live charges · 3 lenders · oldest 5.1y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 5.1 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-07-31 | 2024-07-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2025-10-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-03-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-12-05🔒Charge registered #5Lender: Kensington Mortgage Company Limited
- 2024-01-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-01-25🔓Charge satisfied #4
- 2024-01-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-12-15📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2023-12-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-04-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-02-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-02-15🔒Charge registered #4Lender: Paragon Bank PLC
- 2022-09-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-09-02🔒Charge registered #3Lender: The Mortgage Lender Limited
- 2022-07-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-07-13🔒Charge registered #2Lender: Kensington Mortgage Company Limited
- 2022-04-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-11-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-04-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-04-01🔒Charge registered #1Lender: The Mortgage Lender Limited
- 2020-07-16🏢Company incorporatedAs CASA MCMILLAN LTD
- 2020-07-16➕MCMILLAN, James appointeddirector
- 2020-07-16📄incorporation-companyincorporation · NEWINC
Owner dependency
95/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder name in company name: Company name contains director surname "MCMILLAN" — strong identity link between founder and business.
- +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr James Mcmillan Individual · British · DOB 06/1983 · age 43 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 16/07/2020 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Property · KA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| C&S PROPERTY SERVICES LIMITED→ SC616125 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| CAROIS PRIVATE LIMITED→ SC777773 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CMW HOLDINGS AYRSHIRE LTD→ SC765967 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| CNG MCMILLAN LIMITED→ SC481138 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| COOPELLA LTD→ SC882801 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| CORESPACE LTD→ SC875959 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| CRESTA KNITWEAR COMPANY LIMITED→ SC049809 · est 1972 · no financials extracted | — | — | — | — | 54y | — | — |
| CROSSING PROPERTIES LTD.→ SC170722 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| CROWLIN PROPERTY LIMITED→ SC688823 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| CRUCIBLE DEVELOPMENTS (RESIDENTIAL) LIMITED→ SC619625 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| CSD PROPERTIES (AYRSHIRE) LTD→ SC766801 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CXZ PROPERTIES LIMITED→ SC657366 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
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
Incorporated2020-07-16
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate
Registered office
12 Midton Road
Ayr
KA7 2SF
Scotland
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-06-28
Last: 2025-06-14
Officers (1 active · 0 resigned)
MCMILLAN, James→
Activedirector · ~43y · appointed 2020-07-16
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
4
Outstanding
2
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 05/12/2024 | — | |
| satisfied | Paragon Paragon Bank PLC | A registered charge | 1 property | 15/02/2023 | 25/01/2024 | |
| outstanding | The Mortgage Lender The Mortgage Lender Limited | A registered charge | 1 property | 02/09/2022 | — | |
| outstanding | Kensington Mortgage Company Kensington Mortgage Company Limited | A registered charge | 1 property | 13/07/2022 | — | |
| outstanding | The Mortgage Lender The Mortgage Lender Limited | A registered charge | 1 property | 01/04/2021 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (21 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-25
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-23
mortgage-satisfy-charge-full
mortgage · MR04
2024-01-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-01-04
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2023-12-15
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-15
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-02-16
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-09-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-07-26
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-14