BOB MILLAR LIMITED
🌳Matureactive
SC168787 · ltd · incorporated 1996-10-04
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 21.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£2.61M
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: SIC 47640
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: asset-holding vehicle with exceptional profile and bankable structure.
Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (80/100, director aged 59). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 21.1y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 21.1 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (72/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
8 officers (2 active, 8 linked, 5 with DOB)
83
Ownership & PSC
3 active PSC(s) of 5 total, 5 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
107 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £2,613,365
Key financials
1 year extracted from filed iXBRL accountsCash
£738k
Net Worth
£2.6m
Current Assets
£2.3m
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-01 |
|---|---|
| Total assets | £2.65M |
| Current assets | £2.34M |
| Cash | £737.9k |
| Debtors | £94.0k |
| Net assets | £2.61M |
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
2
filings
- • 2 persons-with-significant-control
Last 180 days
3
filings
- • 2 persons-with-significant-control
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
- 2026-03-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-03-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-04-28📄accounts-with-accounts-type-smallaccounts · AA
- 2024-11-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-06-07📄accounts-with-accounts-type-smallaccounts · AA
- 2024-04-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-04-19🔓Charge satisfied #2
- 2024-03-05📄change-person-director-company-with-change-dateofficers · CH01
- 2023-04-27📄accounts-with-accounts-type-smallaccounts · AA
- 2022-06-29📄accounts-with-accounts-type-smallaccounts · AA
- 2022-06-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-05-27📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-04-28📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-03-09➖NEEDHAM, Douglas Wilson resignedsecretary
- 2021-11-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-11-16🔒Charge registered #2Lender: Bank of Scotland PLC
- 2021-04-14📄accounts-with-accounts-type-smallaccounts · AA
- 2021-01-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-01-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-01-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-01-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-01-01➕MILLAR, Robert David Galloway appointeddirector
- 2020-10-31➖MILLAR, Robert Simpson resigneddirector
- 2020-03-20📄accounts-with-accounts-type-smallaccounts · AA
- 2015-04-17🔓Charge satisfied #1
- 2005-03-01🔒Charge registered #1Lender: Lloyds Tsb Scotland PLC
- 1999-09-17➖FERRIE, David Francis resignedsecretary
- 1999-09-17➕NEEDHAM, Douglas Wilson appointedsecretary
- 1996-12-24➕STEVENSON, Karen Spencer appointeddirector
- 1996-12-24➕FERRIE, David Francis appointedsecretary
- 1996-12-24➖MEIKLEJOHN, Iain Maury Campbell resignednominee-secretary
- 1996-12-24➖MEIKLEJOHN, Iain Maury Campbell resignednominee-director
- 1996-12-24➕MILLAR, Robert Simpson appointeddirector
- 1996-12-24➖WILL, James Robert resignednominee-director
- 1996-10-04🏢Company incorporatedAs BOB MILLAR LIMITED
- 1996-10-04➕MEIKLEJOHN, Iain Maury Campbell appointednominee-secretary
- 1996-10-04➕MEIKLEJOHN, Iain Maury Campbell appointednominee-director
- 1996-10-04➕WILL, James Robert appointednominee-director
Owner dependency
91/100
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 "MILLAR" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 30 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
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
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Judith Anne Herd Individual · British · DOB 04/1970 · age 56 | 25–50% | — | 25-50% shares | 09/03/2026 |
Mrs Karen Spencer Stevenson Individual · British · DOB 07/1967 · age 59 | 25–50% | — | 25-50% shares | 06/04/2016 |
Mr Robert David Galloway Millar Individual · British · DOB 05/1973 · age 53 | — | — | sig. influencesignificant influence | 01/01/2021 |
2 historic (ceased) PSCs
- Mrs Margaret Millarceased 09/03/2026· 25-50% shares · 25-50% voting
- Mr Robert Simpson Millarceased 31/10/2020· 25-50% shares
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 · Retail · KY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BARKERS TREATS LTD→ SC843738 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BAY HARDWARE LTD→ SC817318 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BELL TRADING (FIFE) LTD→ SC615645 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| BIG BRIDGE MARKETING LTD→ SC411553 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| BILBOATS LIMITED→ SC744410 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BLUEECHO INNOVATIONS LTD→ SC843437 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BMD GROUP LTD→ SC880982 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BNMA LTD→ SC751951 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BRICKSCLOTHING LIMITED→ SC825333 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BRIDGEND GARDEN CENTRE LIMITED→ SC299082 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| BRINNOR LIMITED→ SC353301 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| BROADWAY CARPETS (SCOTLAND) LTD→ SC521055 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
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
Incorporated1996-10-04
Jurisdictionscotland
Primary SIC47640 — SIC 47640
Registered office
2-6 Golf Place
St. Andrews
Fife
KY16 9JA
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-02-01
Confirmation statement
Next due: 2026-12-10
Last: 2025-11-26
Officers (2 active · 6 resigned)
MILLAR, Robert David Galloway→
Activedirector · ~53y · appointed 2021-01-01
View their other companies + combined net worth →
STEVENSON, Karen Spencer→
Activedirector · ~59y · appointed 1996-12-24
View their other companies + combined net worth →
FERRIE, David Francis→
Resignedsecretary · appointed 1996-12-24 · resigned 1999-09-17
MEIKLEJOHN, Iain Maury Campbell→
Resignednominee-secretary · appointed 1996-10-04 · resigned 1996-12-24
NEEDHAM, Douglas Wilson→
Resignedsecretary · appointed 1999-09-17 · resigned 2022-03-09
MEIKLEJOHN, Iain Maury Campbell→
Resignednominee-director · ~72y · appointed 1996-10-04 · resigned 1996-12-24
MILLAR, Robert Simpson→
Resigneddirector · ~79y · appointed 1996-12-24 · resigned 2020-10-31
WILL, James Robert→
Resignednominee-director · ~71y · appointed 1996-10-04 · resigned 1996-12-24
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 16/11/2021 | 19/04/2024 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Scotland PLC | Bond & floating charge | 1 property | 01/03/2005 | 17/04/2015 |
Recent filings (107 total)
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-03-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-08
accounts-with-accounts-type-small
accounts · AA
2025-04-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-27
accounts-with-accounts-type-small
accounts · AA
2024-06-07
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-19
change-person-director-company-with-change-date
officers · CH01
2024-03-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-29
accounts-with-accounts-type-small
accounts · AA
2023-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-06
accounts-with-accounts-type-small
accounts · AA
2022-06-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-06-14
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-05-27