1 SMITHFIELD SQUARE LTD

💤Zombieactive
08623011 · ltd · incorporated 2013-07-24
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
79/100
Strong
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pursue
Active trading company with a 70-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (78/100, director aged 70). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · oldest 10.8y

45/100
under pressure

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

  • · Oldest live charge is 10.8 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (82/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
44 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
70
Active, clean filings, stable charge profile.
Acquirability
70
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 employees00

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-12-24
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2024-12-24
    📄
    accounts-with-accounts-type-small
    accounts · AA
  3. 2024-06-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2024-06-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2024-06-21
    🔓
    Charge satisfied #2
  6. 2024-06-21
    🔓
    Charge satisfied #1
  7. 2023-12-22
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2023-07-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  9. 2023-07-26
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2023-03-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2022-06-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2022-05-31
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2021-12-23
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2021-04-16
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2019-12-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  16. 2019-01-07
    📄
    accounts-with-accounts-type-small
    accounts · AA
  17. 2018-01-03
    📄
    accounts-with-accounts-type-small
    accounts · AA
  18. 2017-01-09
    📄
    accounts-with-accounts-type-small
    accounts · AA
  19. 2015-07-23
    🔒
    Charge registered #2
    Lender: Aldermore Bank PLC
  20. 2015-07-23
    🔒
    Charge registered #1
    Lender: Aldermore Bank PLC
  21. 2015-04-10
    LOCK, Andrew Richard resigned
    director
  22. 2013-11-08
    LOCK, Andrew Richard appointed
    director
  23. 2013-10-10
    WALSH, Nicholas Vincent appointed
    secretary
  24. 2013-07-24
    🏢
    Company incorporated
    As 1 SMITHFIELD SQUARE LTD
  25. 2013-07-24
    EL-KASSIR, Gabriel Michel appointed
    director

Owner dependency

90/100
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 age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

88/100
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 13 years.
  • 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.)

Group structure

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

🏛️
Gre Capital Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
1 SMITHFIELD SQUARE LTD
This company · 08623011

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
Gre Capital Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
1 historic (ceased) PSC
  • Mr Gabriel Michel El-Kassirceased 06/04/2016· 75-100% shares · 75-100% voting · board control · significant influence

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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2013-07-24
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

7200 The Quorum
Oxford Business Park North
Oxford
OX4 2JZ
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-07
Last: 2025-07-24

Officers (2 active · 1 resigned)

WALSH, Nicholas Vincent
secretary · appointed 2013-10-10
View their other companies + combined net worth →
Active
EL-KASSIR, Gabriel Michel
director · ~70y · appointed 2013-07-24
View their other companies + combined net worth →
Active
LOCK, Andrew Richard
director · ~75y · appointed 2013-11-08 · resigned 2015-04-10
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Aldermore
Aldermore Bank PLC
A registered charge6 properties23/07/201521/06/2024
satisfied
Aldermore
Aldermore Bank PLC
A registered charge23/07/201521/06/2024

Recent filings (44 total)

accounts-with-accounts-type-small
accounts · AA
2025-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-06
accounts-with-accounts-type-small
accounts · AA
2024-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-06
mortgage-satisfy-charge-full
mortgage · MR04
2024-06-21
mortgage-satisfy-charge-full
mortgage · MR04
2024-06-21
accounts-with-accounts-type-small
accounts · AA
2023-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-26
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-07-26
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-07-26
accounts-with-accounts-type-small
accounts · AA
2023-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-06-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-05-31
accounts-with-accounts-type-small
accounts · AA
2021-12-23