MILLER AIRDRIE LIMITED
🌳Matureactive
02074908 · ltd · incorporated 1986-11-18
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
69/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
PursueActive trading company. Reasonable fundamentals — worth a memo before deciding.
Opportunity 69/100 (strong), bankability 77/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
6 live charges · 5 lenders · oldest 38.8y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 38.8 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (61/100)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
No iXBRL financials extracted
0
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
32 officers (2 active, 32 linked, 27 with DOB)
87
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
20 connected companies via shared directors
90
Filing history
197 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
2
filings
- • 2 officers
Last 90 days
4
filings
- • 4 officers
Last 180 days
4
filings
- • 4 officers
Counts from Companies House filing history.
Corporate timeline (85 events)Click to expand
- 2026-04-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-04-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-04-01➕GIBSON, Graeme Kenneth appointeddirector
- 2026-04-01➖MURDOCH, Ian resigneddirector
- 2026-02-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-02-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-01-31➕KINNIBURGH, Moira Jane appointeddirector
- 2026-01-31➖JACKSON, Julie Mansfield resigneddirector
- 2025-10-01📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-10-06📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-06-25📄change-person-director-company-with-change-dateofficers · CH01
- 2023-10-05📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-10-01📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-06-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-09-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-09-06📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-09-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-09-26📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-10-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-05-13📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-03-31➖BORLAND, Donald William resigneddirector
- 2015-07-06🔓Charge satisfied #5
- 2015-07-06🔓Charge satisfied #4
- 2015-03-31➖MILLER, Keith Manson resigneddirector
- 2014-12-04➖HODSDEN, Richard David resigneddirector
- 2014-11-24➕BORLAND, Donald William appointeddirector
- 2014-06-09🔓Charge satisfied #6
- 2013-11-21➕HODSDEN, Richard David appointeddirector
- 2013-11-18➖RICHARDS, John Steel resigneddirector
- 2013-08-28➖KNIGHT, David Jonathan resigneddirector
- 2012-10-22➖KINNIBURGH, Moira Jane resigneddirector
- 2012-05-16➖SMYTH, Pamela June resignedsecretary
- 2012-05-16➖SMYTH, Pamela June resigneddirector
- 2012-03-07🔒Charge registered #6Lender: The Royal Bank of Scotland PLC as Trustee, Agent and Security Agent for Each of the Senior Secured Parties (The Security Agent)
- 2012-02-29🔒Charge registered #5Lender: The Royal Bank of Scotland PLC as Trustee, Agent and Security Agent for Each of the Senior Secured Parties (The Security Agent)
- 2012-02-29🔒Charge registered #4Lender: The Royal Bank of Scotland PLC as Trustee, Agent and Security Agent for Each of the Secured Parties (The Security Agent)
- 2011-03-29➖ANDERSON, Ewan Thomas resigneddirector
- 2011-03-29➕MURDOCH, Ian appointeddirector
- 2010-09-30➖JACOBS, Ronnie Alexander resigneddirector
- 2009-09-30➖MILLS, Stanley resigneddirector
- 2009-09-14➕JACKSON, Julie Mansfield appointeddirector
- 2009-03-12🔓Charge satisfied #3
- 2009-02-24➕SMYTH, Pamela June appointeddirector
- 2009-02-23➕RICHARDS, John Steel appointeddirector
- 2008-12-31➖CUMMING, Margaret resigneddirector
- 2008-08-18➕KNIGHT, David Jonathan appointeddirector
- 2007-09-05➕KINNIBURGH, Moira Jane appointeddirector
- 2006-11-07🔒Charge registered #3Lender: Taylor Woodrow Developments Limited
- 2006-09-14➕ANDERSON, Ewan Thomas appointeddirector
- 2006-09-14➕CUMMING, Margaret appointeddirector
Showing most recent 50 of 85 events
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
2 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: JACKSON, Julie Mansfield resigned 2026-01-31; MURDOCH, Ian resigned 2026-04-01
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Miller Homes Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Miller Homes Holdings Limited
Corporate parent · holds 75-100% shares
⬇
MILLER AIRDRIE LIMITED
This company · 02074908
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 |
|---|---|---|---|---|
Miller Homes Holdings Limited Corporate entity | 75–100% | — | 75-100% shares | 06/04/2016 |
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 · Construction · DE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1.3.7 DEVELOPMENTS LTD→ 13779237 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 101 DEVELOPMENTS LIMITED→ 06789931 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| 13D LIMITED→ 14621607 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| 150 UOR LTD→ 16965948 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 183 KEDLESTON LTD→ 14354664 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 1ST FOUNDATIONS LTD→ 05070908 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| 2 BUILDERS DERBY LTD→ 12890068 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 2012 PARTNERSHIP HOMES LTD→ 08240444 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| 24HOURS RAPID RESPONSE PLUMBER LIMITED→ 16858145 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 24HR ROOFING LIMITED→ 16201143 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 2CANDO LOGISTICAL PROPERTY SERVICES LTD→ 10275638 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 2D ELECTRICAL LTD→ 16702733 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated1986-11-18
Jurisdictionengland-wales
Primary SIC41100 — Development of building projects
Registered office
2 Centro Place
Pride Park
Derby
Derbyshire
DE24 8RF
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-05-26
Last: 2025-05-12
Officers (2 active · 30 resigned)
GIBSON, Graeme Kenneth→
Activedirector · ~44y · appointed 2026-04-01
View their other companies + combined net worth →
KINNIBURGH, Moira Jane→
Activedirector · ~54y · appointed 2026-01-31
View their other companies + combined net worth →
DONALDSON, Euan James→
Resignedsecretary · appointed 1994-12-01 · resigned 2002-01-21
LAWSON, Gordon Kenneth→
Resignedsecretary · appointed 1994-03-31 · resigned 1994-11-30
MACKINNON, Iain Lachlan→
Resignedsecretary · appointed 2002-01-21 · resigned 2002-08-30
SCOTT, Graeme Ronald Crawford→
Resignedsecretary · resigned 1994-03-31
SMYTH, Pamela June→
Resignedsecretary · appointed 2002-08-30 · resigned 2012-05-16
ANDERSON, Ewan Thomas→
Resigneddirector · ~60y · appointed 2006-09-14 · resigned 2011-03-29
BORLAND, Donald William→
Resigneddirector · ~60y · appointed 2014-11-24 · resigned 2016-03-31
CREASEY, Maxwell Rogers→
Resigneddirector · ~104y · resigned 1994-05-11
CUMMING, Margaret→
Resigneddirector · ~74y · appointed 2006-09-14 · resigned 2008-12-31
GANDY, Jonathan Sydney→
Resigneddirector · ~74y · appointed 1994-05-11 · resigned 1998-01-30
HODSDEN, Richard David→
Resigneddirector · ~60y · appointed 2013-11-21 · resigned 2014-12-04
JACKSON, Julie Mansfield→
Resigneddirector · ~61y · appointed 2009-09-14 · resigned 2026-01-31
JACOBS, Ronnie Alexander→
Resigneddirector · ~76y · appointed 2006-09-14 · resigned 2010-09-30
KINNIBURGH, Moira Jane→
Resigneddirector · ~54y · appointed 2007-09-05 · resigned 2012-10-22
KNIGHT, David Jonathan→
Resigneddirector · ~65y · appointed 2008-08-18 · resigned 2013-08-28
MCCLEAN, James Constantine Stuart→
Resigneddirector · ~67y · appointed 1993-06-23 · resigned 1996-05-31
MILLER, Keith Manson→
Resigneddirector · ~77y · resigned 2015-03-31
MILLER, Philip Hartley→
Resigneddirector · ~70y · appointed 1994-03-31 · resigned 2006-09-14
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
0
Outstanding
0
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC as Trustee, Agent and Security Agent for Each of the Senior Secured Parties (The Security Agent) | Standard security executed on 29 february 2012 | 1 property | 07/03/2012 | 09/06/2014 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC as Trustee, Agent and Security Agent for Each of the Senior Secured Parties (The Security Agent) | Debenture | 1 property | 29/02/2012 | 06/07/2015 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC as Trustee, Agent and Security Agent for Each of the Secured Parties (The Security Agent) | Debenture | 1 property | 29/02/2012 | 06/07/2015 | |
| satisfied | Taylor Woodrow Developments Taylor Woodrow Developments Limited | Standard security which was presented for registration in scotland on 08TH november 2006 and | 1 property | 07/11/2006 | 12/03/2009 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland Plcfor Itself and as Trutstss for and on Behalf Ofthe Agent, the Banks, the Clearing Bank and Theissuing Bank | Debenture | 1 property | 20/04/1999 | 07/07/1999 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Legal mortgage | 1 property | 10/07/1987 | 27/04/1999 |
Recent filings (197 total)
appoint-person-director-company-with-name-date
officers · AP01
2026-04-09
termination-director-company-with-name-termination-date
officers · TM01
2026-04-07
termination-director-company-with-name-termination-date
officers · TM01
2026-02-02
appoint-person-director-company-with-name-date
officers · AP01
2026-02-02
accounts-with-accounts-type-dormant
accounts · AA
2025-10-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-13
accounts-with-accounts-type-dormant
accounts · AA
2024-10-06
change-person-director-company-with-change-date
officers · CH01
2024-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-15
accounts-with-accounts-type-dormant
accounts · AA
2023-10-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-12
accounts-with-accounts-type-dormant
accounts · AA
2022-10-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-26
accounts-with-accounts-type-dormant
accounts · AA
2021-06-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-26