CARTON MILNE LIMITED
⚰️Wound downdissolved
SC236160 · ltd · incorporated 2002-08-30
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 23.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
62/100
Worth a look
What this business does
Primary activity: Joinery installation
Sector: Construction
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 62/100 (worth a look), bankability 75/100. Strong seller-intent signal (65/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
7 live charges · oldest 23.5y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 23.5 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: low (48/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 3 with DOB)
82
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
43 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
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 (46 events)Click to expand
- 2015-04-24📄gazette-dissolved-compulsorygazette · GAZ2
- 2015-04-24🏁Company dissolved
- 2015-03-31📄mortgage-satisfy-charge-fullmortgage · MR04
- 2015-03-31🔓Charge satisfied #2
- 2015-01-02📄gazette-notice-compulsorygazette · GAZ1
- 2014-06-12📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-10-01📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-06-17📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-09-19📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-06-19📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2011-09-08📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-07-04📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2010-09-24📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-09-24📄change-person-director-company-with-change-dateofficers · CH01
- 2010-06-09📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-11-05📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2009-05-15📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2008-10-06📄legacyannual-return · 363a
- 2008-10-06📍legacyaddress · 353
- 2008-07-17📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2007-11-21📄legacymortgage · 410(Scot)
- 2007-11-12🔒Charge registered #7Lender: The Royal Bank of Scotland PLC
- 2007-09-13📄legacyannual-return · 363s
- 2007-07-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2007-07-10📄legacymortgage · 410(Scot)
- 2007-07-06📄legacymortgage · 410(Scot)
- 2007-07-03🔒Charge registered #6Lender: The Royal Bank of Scotland PLC
- 2007-07-03🔒Charge registered #5Lender: The Royal Bank of Scotland PLC
- 2006-09-07📄legacyannual-return · 363s
- 2006-07-31📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2005-01-21🔓Charge satisfied #4
- 2005-01-21🔓Charge satisfied #3
- 2005-01-21🔓Charge satisfied #1
- 2003-11-04🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2003-10-31➕MILNE, Susan Rose appointedsecretary
- 2003-10-31➖JM TAYLOR LIMITED resignedcorporate-secretary
- 2003-10-31➖CARTON, Christopher Alan resigneddirector
- 2003-06-06🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2002-11-08🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2002-10-17🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2002-09-02➖SIMMERS, Jamie Jan resignednominee-director
- 2002-08-30🏢Company incorporatedAs CARTON MILNE LIMITED
- 2002-08-30➕MILNE, Stewart appointeddirector
- 2002-08-30➕JM TAYLOR LIMITED appointedcorporate-secretary
- 2002-08-30➕CARTON, Christopher Alan appointeddirector
- 2002-08-30➕SIMMERS, Jamie Jan appointednominee-director
Owner dependency
100/100
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 "MILNE" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
95/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 24 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
1 high · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2015-04-24
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
🔒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 · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A MACLEOD CONSTRUCTION LIMITED→ SC475785 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| A MORRIS ROOFING LIMITED→ SC572573 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AKZ ELECTRICAL SERVICES LTD→ SC866636 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALAN STUART (BUILDERS) LTD→ SC440254 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| ALBYN DESIGN & BUILD LTD→ SC530560 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| ALCORE CONSTRUCTION NORTH EAST LIMITED→ SC506611 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ALEXANDER DUTHIE & SONS LIMITED→ SC113610 · est 1988 · no financials extracted | — | — | — | — | 37y | — | — |
| ALLAN ELECTRICS LTD→ SC573665 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ALPHA FENCING LIMITED→ SC206616 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| ANDREW BRUCE FIRE PROTECTION LTD→ SC575729 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ANDREW MAY BUILDING CONTRACTORS LTD→ SC676671 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ANDREW PENNY (ELLON) LIMITED→ SC711746 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Statusdissolved
Typeltd
Incorporated2002-08-30
Jurisdictionscotland
Primary SIC43320 — Joinery installation
Registered office
16 Carden Place
Aberdeen
AB10 1FX
Filing status
Accounts
Next due: —
Last made up to: 2013-09-30
Confirmation statement
Next due: —
Last: —
Officers (0 active · 3 resigned)
Active
MILNE, Stewart→
Activedirector · ~63y · appointed 2002-08-30
View their other companies + combined net worth →
JM TAYLOR LIMITED→
Resignedcorporate-secretary · appointed 2002-08-30 · resigned 2003-10-31
CARTON, Christopher Alan→
Resigneddirector · ~59y · appointed 2002-08-30 · resigned 2003-10-31
SIMMERS, Jamie Jan→
Resignednominee-director · ~48y · appointed 2002-08-30 · resigned 2002-09-02
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
3
Outstanding
1
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 12/11/2007 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 03/07/2007 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 03/07/2007 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 04/11/2003 | 21/01/2005 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 06/06/2003 | 21/01/2005 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 08/11/2002 | 31/03/2015 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 17/10/2002 | 21/01/2005 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (43 total)
gazette-dissolved-compulsory
gazette · GAZ2
2015-04-24
mortgage-satisfy-charge-full
mortgage · MR04
2015-03-31
gazette-notice-compulsory
gazette · GAZ1
2015-01-02
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-06-12
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-10-01
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-06-17
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-09-19
accounts-with-accounts-type-total-exemption-small
accounts · AA
2012-06-19
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-09-08
accounts-with-accounts-type-total-exemption-small
accounts · AA
2011-07-04
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-09-24
change-person-director-company-with-change-date
officers · CH01
2010-09-24
accounts-with-accounts-type-total-exemption-small
accounts · AA
2010-06-09
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2009-11-05
accounts-with-accounts-type-total-exemption-small
accounts · AA
2009-05-15