MCMILLAN PROPERTY DEVELOPMENTS LTD
🌿Early-stageactive
SC723123 · ltd · incorporated 2022-02-14
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£54.3k
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: Residents property management
Sector: Activities of households
Investor take
PursueAsset-holding vehicle. Family succession underway — not a classic acquisition target.
Opportunity 70/100 (strong), bankability 70/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. 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.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
14 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £54,263
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£54k
Current Assets
£1
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-28 | 2024-02-28 |
|---|---|---|
| Total assets | £30.0k | — |
| Current assets | £1 | — |
| Net assets | £54.3k | — |
| Average employees | — | -100 |
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
3
filings
- • 1 accounts
- • 1 confirmation-statement
- • 1 persons-with-significant-control
Last 180 days
3
filings
- • 1 accounts
- • 1 confirmation-statement
- • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
- 2026-02-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2026-02-13📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-08-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-07-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-06-27➖MCMILLAN, Aaron Colin resigneddirector
- 2024-11-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-04-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-03-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-03-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-03-18➕MCMILLAN, Colin appointeddirector
- 2022-03-18➕MCMILLAN, Aaron Colin appointeddirector
- 2022-02-14🏢Company incorporatedAs MCMILLAN PROPERTY DEVELOPMENTS LTD
- 2022-02-14➕MCMILLAN, Lewis Stuart appointeddirector
- 2022-02-14📄incorporation-companyincorporation · NEWINC
Owner dependency
81/100
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
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "MCMILLAN" — strong identity link between founder and business.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Colin Mcmillan Individual · British · DOB 05/1971 · age 55 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 14/02/2022 |
Mr Lewis Stuart Mcmillan Individual · British · DOB 12/1994 · age 32 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 14/02/2022 |
1 historic (ceased) PSC
- Mr Aaron Colin Mcmillanceased 13/02/2026· 25-50% shares · 25-50% 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 →Similar companies
Active · Holding company · FK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BRAIDWOOD (METALS) LIMITED→ SC260654 · est 2003 | £4.00M £3.40M–£4.60M | — | £4.00M | — | 22y | 82 | 81y |
| DRON & DICKSON GROUP LIMITED→ SC305554 · est 2006 · no financials extracted | — | — | — | — | 19y | 83 | 71y |
| AIRSPRUNG SCOTLAND LIMITED→ SC068122 · est 1979 · no financials extracted | — | — | — | — | 46y | 82 | 69y |
| CCG CONTRACTING INTERNATIONAL LIMITED→ SC152115 · est 1994 · no financials extracted | — | — | — | — | 31y | 82 | 65y |
| CES MICROCARE (SCOTLAND) LIMITED→ SC287572 · est 2005 | — | — | — | — | 20y | 82 | 77y |
| HI-FAS (ENGINEERS SUPPLY) LIMITED→ SC100907 · est 1986 | — | — | — | — | 39y | 82 | 58y |
| QUALITY STONE LIMITED→ SC137028 · est 1992 | — | — | — | — | 34y | 82 | 80y |
| DYNAMUS GROUP LIMITED→ SC183558 · est 1998 · no financials extracted | — | — | — | — | 28y | 81 | 77y |
| FORTH ELECTRICAL SERVICES LIMITED→ SC207777 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| NORCAM INTERNATIONAL LTD→ SC735350 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| NYX CAPITAL LTD→ SC868607 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| STRATHAVEN ABATTOIR LIMITED→ SC128887 · est 1990 · no financials extracted | — | — | — | — | 35y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated2022-02-14
Jurisdictionscotland
Primary SIC98000 — Residents property management
Registered office
2a Hayfield
Falkirk
FK2 7XH
Scotland
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-27
Last: 2026-02-13
Officers (2 active · 1 resigned)
MCMILLAN, Colin→
Activedirector · ~55y · appointed 2022-03-18
View their other companies + combined net worth →
MCMILLAN, Lewis Stuart→
Activedirector · ~32y · appointed 2022-02-14
View their other companies + combined net worth →
MCMILLAN, Aaron Colin→
Resigneddirector · ~26y · appointed 2022-03-18 · resigned 2025-06-27
Click a director name to see their full track record across all companies.
Recent filings (14 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-05
termination-director-company-with-name-termination-date
officers · TM01
2025-07-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-27
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-26
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-04-25
appoint-person-director-company-with-name-date
officers · AP01
2022-03-28
appoint-person-director-company-with-name-date
officers · AP01
2022-03-28
incorporation-company
incorporation · NEWINC
2022-02-14