MILLER M2 (BARNS GREEN) LIMITED

🌱Startupactive
SC824536 · ltd · incorporated 2024-10-02
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 76/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (57/100)

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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (4 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
9 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • 2 officers
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2025-11-21
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  2. 2025-11-21
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  3. 2025-11-19
    THOMSON, Alexis appointed
    secretary
  4. 2025-11-19
    PARK, Katherine Mary resigned
    secretary
  5. 2025-07-02
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  6. 2025-06-25
    📄
    legacy
    accounts · PARENT_ACC
  7. 2025-06-25
    📄
    legacy
    other · AGREEMENT2
  8. 2025-06-25
    📄
    legacy
    other · GUARANTEE2
  9. 2024-10-25
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  10. 2024-10-02
    🏢
    Company incorporated
    As MILLER M2 (BARNS GREEN) LIMITED
  11. 2024-10-02
    KING, Allan Alexander appointed
    director
  12. 2024-10-02
    MILLOY, David Thomas appointed
    director
  13. 2024-10-02
    YOUNG, Eric Macfie appointed
    director
  14. 2024-10-02
    PARK, Katherine Mary appointed
    secretary
  15. 2024-10-02
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

70/100
High — earn-out structure required

Material 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.
  • +Young company: Only 1.6 years old — management layer unlikely to be developed.

Succession & seller-readiness

60/100
Strong succession signal

Multiple 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.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

M2 Residential Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
M2 Residential Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
MILLER M2 (BARNS GREEN) LIMITED
This company · SC824536

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%
NameSharesVoting rightsNature of controlNotified
M2 Residential Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control02/10/2024

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 →

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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.

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Company details

Statusactive
Typeltd
Incorporated2024-10-02
Jurisdictionscotland
Primary SIC41202 — Construction of domestic buildings

Registered office

201 West George Street
C/O Miller Developments
Glasgow
G2 2LW
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-15
Last: 2025-10-01

Officers (4 active · 1 resigned)

THOMSON, Alexis
secretary · appointed 2025-11-19
View their other companies + combined net worth →
Active
KING, Allan Alexander
director · ~37y · appointed 2024-10-02
View their other companies + combined net worth →
Active
MILLOY, David Thomas
director · ~61y · appointed 2024-10-02
View their other companies + combined net worth →
Active
YOUNG, Eric Macfie
director · ~71y · appointed 2024-10-02
View their other companies + combined net worth →
Active
PARK, Katherine Mary
secretary · appointed 2024-10-02 · resigned 2025-11-19
Resigned

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

Recent filings (9 total)

appoint-person-secretary-company-with-name-date
officers · AP03
2025-11-21
termination-secretary-company-with-name-termination-date
officers · TM02
2025-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-01
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-07-02
legacy
accounts · PARENT_ACC
2025-06-25
legacy
other · AGREEMENT2
2025-06-25
legacy
other · GUARANTEE2
2025-06-25
change-account-reference-date-company-current-shortened
accounts · AA01
2024-10-25
incorporation-company
incorporation · NEWINC
2024-10-02