M2 THREE LIMITED
🌳Matureactive
SC393098 · ltd · incorporated 2011-02-08
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 6.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
- 41201Construction of commercial buildings
Investor take
PursueActive trading company with a 71-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 85/100. Strong seller-intent signal (63/100, director aged 71). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
1 live charge · oldest 6.8y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 6.8 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
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, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
10 officers (4 active, 10 linked, 8 with DOB)
86
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
27 connected companies via shared directors
90
Filing history
77 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
3
filings
- • 2 officers
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
- 2025-11-21📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2025-11-21📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-11-19➕THOMSON, Alexis appointedsecretary
- 2025-11-19➖PARK, Katherine Mary resignedsecretary
- 2025-06-27📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-06-27📄legacyaccounts · PARENT_ACC
- 2025-06-27📄legacyother · AGREEMENT2
- 2025-06-27📄legacyother · GUARANTEE2
- 2024-06-12📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-06-12📄legacyaccounts · PARENT_ACC
- 2024-06-12📄legacyother · AGREEMENT2
- 2024-06-12📄legacyother · GUARANTEE2
- 2023-06-07📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2023-06-07📄legacyaccounts · PARENT_ACC
- 2023-06-07📄legacyother · AGREEMENT2
- 2023-06-07📄legacyother · GUARANTEE2
- 2023-05-03📄change-person-director-company-with-change-dateofficers · CH01
- 2022-07-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-07-25🔓Charge satisfied #1
- 2022-05-24📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2022-05-24📄legacyaccounts · PARENT_ACC
- 2022-05-24📄legacyother · AGREEMENT2
- 2022-05-24📄legacyother · GUARANTEE2
- 2020-10-27➖BUTCHART, Ian resigneddirector
- 2019-08-08➕PARK, Katherine Mary appointedsecretary
- 2019-07-19🔒Charge registered #1Lender: Santander UK PLC
- 2018-08-29➕KING, Allan Alexander appointeddirector
- 2018-08-29➕YOUNG, Eric Macfie appointeddirector
- 2018-08-29➕BUTCHART, Ian appointeddirector
- 2018-08-29➖SUTHERLAND, Andrew resigneddirector
- 2017-06-30➖HAGGERTY, Euan James Edward resigneddirector
- 2015-05-31➖MILLER, Philip Hartley resigneddirector
- 2011-07-25➖BORLAND, Donald William resigneddirector
- 2011-07-21➕MILLOY, David Thomas appointeddirector
- 2011-07-21➕MILLER, Philip Hartley appointeddirector
- 2011-07-21➕SUTHERLAND, Andrew appointeddirector
- 2011-07-01➕HAGGERTY, Euan James Edward appointeddirector
- 2011-02-08🏢Company incorporatedAs M2 THREE LIMITED
- 2011-02-08➕BORLAND, Donald William appointeddirector
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder age: Director aged approximately 71 — succession pressure is live.
Succession & seller-readiness
73/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
- secondary12+ year tenure: Director in role 15 years.
- 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.)
Group structure
M2 Holdco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
M2 Holdco Limited
Corporate parent · holds 75-100% shares · board control
⬇
M2 THREE LIMITED
This company · SC393098
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 |
|---|---|---|---|---|
M2 Holdco Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 21/12/2021 |
3 historic (ceased) PSCs
- M2 Group Limitedceased 21/12/2021· 75-100% shares · 75-100% voting
- Mdl Investments Limitedceased 29/08/2018· 75-100% shares · 75-100% voting · board control
- Miller Developments Holdings Limitedceased 03/04/2018· 75-100% shares · 75-100% 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
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|---|---|---|---|---|---|---|---|
| A C WHYTE & CO LIMITED→ SC054565 · est 1973 · no financials extracted | — | — | — | — | 52y | — | — |
| A DIVERS CONTRACTS LTD→ SC336552 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| A. DE CECCO, LIMITED→ SC020350 · est 1938 · no financials extracted | — | — | — | — | 87y | — | — |
| A&D ENERGY LTD→ SC851856 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ACF PROJECT MANAGEMENT LTD→ SC491090 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ACHERNAR CONSTRUCTION LTD→ SC800156 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ACHILLES CONTRACTOR LTD→ SC461580 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ACI INTEGRATED SOLUTIONS LTD→ SC103713 · est 1987 · no financials extracted | — | — | — | — | 39y | — | — |
| ACLAND WOOD FLOORING LIMITED→ SC883555 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ACR PLUMBING GLASGOW LTD→ SC730631 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ACRE ROAD (GLASGOW) DEVELOPMENTS LTD→ SC710174 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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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
Incorporated2011-02-08
Jurisdictionscotland
Primary SIC41100 — Development of building projects
Registered office
201 West George Street
C/O Miller Developments
Glasgow
G2 2LW
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-16
Last: 2026-02-02
Officers (4 active · 6 resigned)
Active
KING, Allan Alexander→
Activedirector · ~37y · appointed 2018-08-29
View their other companies + combined net worth →
MILLOY, David Thomas→
Activedirector · ~61y · appointed 2011-07-21
View their other companies + combined net worth →
YOUNG, Eric Macfie→
Activedirector · ~71y · appointed 2018-08-29
View their other companies + combined net worth →
PARK, Katherine Mary→
Resignedsecretary · appointed 2019-08-08 · resigned 2025-11-19
BORLAND, Donald William→
Resigneddirector · ~60y · appointed 2011-02-08 · resigned 2011-07-25
BUTCHART, Ian→
Resigneddirector · ~70y · appointed 2018-08-29 · resigned 2020-10-27
HAGGERTY, Euan James Edward→
Resigneddirector · ~49y · appointed 2011-07-01 · resigned 2017-06-30
MILLER, Philip Hartley→
Resigneddirector · ~70y · appointed 2011-07-21 · resigned 2015-05-31
SUTHERLAND, Andrew→
Resigneddirector · ~65y · appointed 2011-07-21 · resigned 2018-08-29
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Santander Santander UK PLC | A registered charge | — | 19/07/2019 | 25/07/2022 |
Recent filings (77 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-02
appoint-person-secretary-company-with-name-date
officers · AP03
2025-11-21
termination-secretary-company-with-name-termination-date
officers · TM02
2025-11-21
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-06-27
legacy
accounts · PARENT_ACC
2025-06-27
legacy
other · AGREEMENT2
2025-06-27
legacy
other · GUARANTEE2
2025-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-03
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-06-12
legacy
accounts · PARENT_ACC
2024-06-12
legacy
other · AGREEMENT2
2024-06-12
legacy
other · GUARANTEE2
2024-06-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-02
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2023-06-07
legacy
accounts · PARENT_ACC
2023-06-07