CHARLIE MILLER HAIRDRESSING LIMITED

🌳Matureactive
SC252444 · ltd · incorporated 2003-07-08
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£348.4k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Hairdressing and other beauty treatment
Sector: Other service activities
Investor take
Pursue
Active trading company with a 60-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (70/100, director aged 60). 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 (65/100).

🏦

Refinance opportunity

5 live charges · 3 lenders · oldest 8.0y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 8.0 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: medium (71/100)

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
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
7 officers (3 active, 7 linked, 4 with DOB)
81
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
3 connected companies via shared directors
54
Filing history
91 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £348,393
Cash draining
Cash down 95% YoY
Cash YoY
-95%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£3k
↓ 95% YoY
Net Worth
£348k
↑ 35% YoY
Current Assets
£319k
Current Liabilities
—
£0£70k£139k£209k£279k£348kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£1.08M—
Current assets£319.1k—
Cash£2.8k£52.9k
Debtors£281.0k—
Net assets£348.4k£257.4k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
  1. 2025-12-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-09-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2024-09-10
    🔒
    Charge registered #5
    Lender: The Royal Bank of Scotland PLC
  5. 2024-09-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2024-09-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2024-09-09
    🔓
    Charge satisfied #3
  8. 2024-09-09
    🔓
    Charge satisfied #2
  9. 2024-08-16
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2024-08-06
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  11. 2024-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2024-07-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2024-06-30
    ➖
    MILLER, Janet Proudfoot Mccabe resigned
    director
  14. 2023-08-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2022-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2022-05-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2022-05-22
    ➖
    MILLER, Charles Stewart resigned
    director
  18. 2021-08-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2020-09-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2019-09-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2019-08-27
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  22. 2019-08-27
    🔓
    Charge satisfied #1
  23. 2019-08-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  24. 2019-08-12
    🔒
    Charge registered #3
    Lender: Santander UK PLC
  25. 2019-08-08
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  26. 2019-08-02
    🔒
    Charge registered #2
    Lender: Santander UK PLC
  27. 2018-05-15
    🔒
    Charge registered #1
    Lender: Adam & Company PLC
  28. 2004-04-23
    ➕
    MILLER, Joshua appointed
    secretary
  29. 2004-04-23
    ➕
    MILLER, Jason appointed
    director
  30. 2004-04-23
    ➕
    MILLER, Joshua appointed
    director
  31. 2004-04-23
    ➖
    MBM SECRETARIAL SERVICES LIMITED resigned
    corporate-secretary
  32. 2004-04-23
    ➕
    MILLER, Charles Stewart appointed
    director
  33. 2004-04-23
    ➕
    MILLER, Janet Proudfoot Mccabe appointed
    director
  34. 2004-04-23
    ➖
    MBM BOARD NOMINEES LIMITED resigned
    corporate-nominee-director
  35. 2003-07-08
    🏢
    Company incorporated
    As CHARLIE MILLER HAIRDRESSING LIMITED
  36. 2003-07-08
    ➕
    MBM SECRETARIAL SERVICES LIMITED appointed
    corporate-secretary
  37. 2003-07-08
    ➕
    MBM BOARD NOMINEES LIMITED appointed
    corporate-nominee-director

Owner dependency

99/100
Critical — business is the founder

The 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 "MILLER" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

76/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple 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 →

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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
Incorporated2003-07-08
Jurisdictionscotland
Primary SIC96020 — Hairdressing and other beauty treatment

Registered office

13 Stafford Street
Edinburgh
Midlothian
EH3 7BR

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-28
Last: 2025-06-14

Officers (3 active · 4 resigned)

MILLER, Joshua→
secretary · appointed 2004-04-23
View their other companies + combined net worth →
Active
MILLER, Jason→
director · ~60y · appointed 2004-04-23
View their other companies + combined net worth →
Active
MILLER, Joshua→
director · ~56y · appointed 2004-04-23
View their other companies + combined net worth →
Active
MBM SECRETARIAL SERVICES LIMITED→
corporate-secretary · appointed 2003-07-08 · resigned 2004-04-23
Resigned
MILLER, Charles Stewart→
director · ~82y · appointed 2004-04-23 · resigned 2022-05-22
Resigned
MILLER, Janet Proudfoot Mccabe→
director · ~79y · appointed 2004-04-23 · resigned 2024-06-30
Resigned
MBM BOARD NOMINEES LIMITED→
corporate-nominee-director · appointed 2003-07-08 · resigned 2004-04-23
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

5
Total charges
2
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property10/09/2024—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge—06/08/2024—
satisfied
Santander
Santander UK PLC
A registered charge1 property12/08/201909/09/2024
satisfied
Santander
Santander UK PLC
A registered charge—02/08/201909/09/2024
satisfied
Adam & Company
Adam & Company PLC
A registered charge1 property15/05/201827/08/2019
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (91 total)

change-person-director-company-with-change-date
officers · CH01
2025-12-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-09-12
mortgage-satisfy-charge-full
mortgage · MR04
2024-09-09
mortgage-satisfy-charge-full
mortgage · MR04
2024-09-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-30
termination-director-company-with-name-termination-date
officers · TM01
2024-07-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-28
termination-director-company-with-name-termination-date
officers · TM01
2022-05-27