MIELES OF FORRES ICE CREAM LTD

🌱Startupactive
SC815130 · ltd · incorporated 2024-07-01
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
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Turnover
not disclosed
Net worth
book net assets
Opportunity
60/100
Worth a look
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What this business does
Primary activity: SIC 10520
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 60/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).

Data confidence

Overall: low (54/100)

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
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
4 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (5 events)Click to expand
  1. 2025-09-27
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2025-09-23
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2024-07-01
    🏢
    Company incorporated
    As MIELES OF FORRES ICE CREAM LTD
  4. 2024-07-01
    MCDIARMID, Michael appointed
    director
  5. 2024-07-01
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Young company: Only 1.8 years old — management layer unlikely to be developed.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-04-01

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Michael Mcdiarmid
Individual · Scottish · DOB 03/1986 · age 40
75100%
75–100%board control75-100% shares · 75-100% voting · board control01/07/2024

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Company details

Statusactive
Typeltd
Incorporated2024-07-01
Jurisdictionscotland
Primary SIC10520 — SIC 10520

Registered office

39 High Street
Nairn
IV12 4AG
Scotland

Filing status

Accounts
Next due: 2026-04-01OVERDUE
Last made up to:
Confirmation statement
Next due: 2026-07-14
Last: 2025-06-30

Officers (1 active · 0 resigned)

MCDIARMID, Michael
director · ~40y · appointed 2024-07-01
View their other companies + combined net worth →
Active

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

Recent filings (4 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-26
gazette-filings-brought-up-to-date
gazette · DISS40
2025-09-27
gazette-notice-compulsory
gazette · GAZ1
2025-09-23
incorporation-company
incorporation · NEWINC
2024-07-01