A E SMITH ENGINEERING LIMITED

💤Zombieactive
06810096 · ltd · incorporated 2009-02-04
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: Machining
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 70-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 70). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · oldest 15.4y

45/100
under pressure

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

  • · Oldest live charge is 15.4 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (1 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
61 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
80
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 accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees8800

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
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2025-12-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-02-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-02-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2024-02-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2023-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-02-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2022-12-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-12-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-11-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-06-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-06-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-05-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2018-05-01
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2018-05-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2018-05-01
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  17. 2018-03-29
    CURTIS, Janice Jane resigned
    secretary
  18. 2018-03-29
    CURTIS, Janice Jane resigned
    director
  19. 2011-02-04
    🔓
    Charge satisfied #1
  20. 2011-01-19
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  21. 2010-12-16
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  22. 2009-02-04
    🏢
    Company incorporated
    As A E SMITH ENGINEERING LIMITED
  23. 2009-02-04
    SMITH, Robert Charles appointed
    director
  24. 2009-02-04
    CURTIS, Janice Jane appointed
    secretary
  25. 2009-02-04
    LONDON LAW SECRETARIAL LIMITED appointed
    corporate-secretary
  26. 2009-02-04
    LONDON LAW SECRETARIAL LIMITED resigned
    corporate-secretary
  27. 2009-02-04
    COWDRY, John Jeremy Arthur appointed
    director
  28. 2009-02-04
    COWDRY, John Jeremy Arthur resigned
    director
  29. 2009-02-04
    CURTIS, Janice Jane appointed
    director

Owner dependency

100/100
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.
  • +Founder name in company name: Company name contains director surname "SMITH" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

98/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 17 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

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Robert Charles Smith
Individual · British · DOB 07/1956 · age 70
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
1 historic (ceased) PSC
  • Mrs Janice Jane Curtisceased 29/03/2018· 25-50% shares · 25-50% voting

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 →
🔒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
Incorporated2009-02-04
Jurisdictionengland-wales
Primary SIC25620 — Machining

Registered office

4 Mackenzie Way
Manor Road
Cheltenham
Gloucestershire
GL51 9TX

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-18
Last: 2026-02-04

Officers (1 active · 4 resigned)

SMITH, Robert Charles
director · ~70y · appointed 2009-02-04
View their other companies + combined net worth →
Active
CURTIS, Janice Jane
secretary · appointed 2009-02-04 · resigned 2018-03-29
Resigned
LONDON LAW SECRETARIAL LIMITED
corporate-secretary · appointed 2009-02-04 · resigned 2009-02-04
Resigned
COWDRY, John Jeremy Arthur
director · ~82y · appointed 2009-02-04 · resigned 2009-02-04
Resigned
CURTIS, Janice Jane
director · ~67y · appointed 2009-02-04 · resigned 2018-03-29
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
National Westminster Bank
National Westminster Bank PLC
Debenture1 property19/01/2011
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge2 properties16/12/201004/02/2011
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (61 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-07
change-person-director-company-with-change-date
officers · CH01
2024-02-06
change-person-director-company-with-change-date
officers · CH01
2024-02-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-21
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-06
change-person-director-company-with-change-date
officers · CH01
2023-02-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-16