MIELE'S GELATERIA LIMITED
🏛️Establishedactive
SC538376 · ltd · incorporated 2016-06-20
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2024
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 10520
Sector: Manufacturing
ALSO REGISTERED FOR
- 56103Take-away food shops and mobile food stands
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 79/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. 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
4 live charges · 3 lenders · oldest 8.8y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 8.8 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
4 officers (4 active, 4 linked, 4 with DOB)
90
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
46 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
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Average employees | 3300 | 4000 |
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
3
filings
- • 1 address
- • 1 officers
- • 1 persons-with-significant-control
Last 180 days
3
filings
- • 1 address
- • 1 officers
- • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
- 2026-02-17📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-02-17📄change-person-director-company-with-change-dateofficers · CH01
- 2026-02-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-07-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-15📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2024-10-07📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2024-10-03📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2024-07-22📄change-person-director-company-with-change-dateofficers · CH01
- 2024-07-22📄change-person-director-company-with-change-dateofficers · CH01
- 2024-07-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-07-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-05-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-03🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2024-04-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-03-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-09-06📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-07-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-17📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2021-10-28📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-06-04🔒Charge registered #3Lender: Clydesdale Bank PLC
- 2017-11-22🔒Charge registered #2Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
- 2017-06-22🔒Charge registered #1Lender: Clydesdale Bank PLC
- 2016-09-09➕MIELE, Nicola Jane appointeddirector
- 2016-06-20🏢Company incorporatedAs MIELE'S GELATERIA LIMITED
- 2016-06-20➕MIELE, David Roberto appointeddirector
- 2016-06-20➕MIELE, Michael appointeddirector
- 2016-06-20➕MIELE, Roberto appointeddirector
Owner dependency
78/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Founder name in company name: Company name contains director surname "MIELE" — strong identity link between founder and business.
- +Founder age: Director aged approximately 66 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
50/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
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 |
|---|---|---|---|---|
Mr David Roberto Miele Individual · British · DOB 03/1989 · age 37 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 25/07/2017 |
Mr Michael Miele Individual · British · DOB 07/1993 · age 33 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 25/07/2017 |
Mr Roberto Miele Individual · British · DOB 07/1960 · age 66 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 20/06/2016 |
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
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|---|---|---|---|---|---|---|---|
| BOCSA WATER SKYE LTD→ SC799958 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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| CJS COMFORT JARS LTD→ SC829996 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CLOOTIENESS LTD→ SC808454 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| DOG FALLS BREWING CO. LTD→ SC599919 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| HIGHLAND CIDER LIMITED→ SC486663 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| HIGHLANDER ROASTERY LTD→ SC663005 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ISLE OF SKYE DISTILLERS LTD→ SC530264 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| MORAY DISTILLERY LTD→ SC519606 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| NATURE SPIRITS LIMITED→ SC203950 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| NO. 1 ISLE OF SKYE LIMITED→ SC689543 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| NORTH ROAST LTD→ SC810334 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2016-06-20
Jurisdictionscotland
Primary SIC10520 — SIC 10520
Registered office
4th Floor Metropolitan House
31-33 High Street
Inverness
Inverness-Shire
IV1 1HT
United Kingdom
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-07-03
Last: 2025-06-19
Officers (4 active · 0 resigned)
MIELE, David Roberto→
Activedirector · ~37y · appointed 2016-06-20
View their other companies + combined net worth →
MIELE, Michael→
Activedirector · ~33y · appointed 2016-06-20
View their other companies + combined net worth →
MIELE, Nicola Jane→
Activedirector · ~63y · appointed 2016-09-09
View their other companies + combined net worth →
MIELE, Roberto→
Activedirector · ~66y · appointed 2016-06-20
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 03/05/2024 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 04/06/2018 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111) | A registered charge | — | 22/11/2017 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 22/06/2017 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (46 total)
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-17
change-person-director-company-with-change-date
officers · CH01
2026-02-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-26
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2024-10-15
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2024-10-07
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2024-10-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-22
change-person-director-company-with-change-date
officers · CH01
2024-07-22
change-person-director-company-with-change-date
officers · CH01
2024-07-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-07-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-05-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-12