DONALD SMITH AND SON (METALS) LIMITED

⚰️Wound downdissolved

SC044181 · ltd · incorporated 1967-01-03

Investment thesis

Company dissolved — not a live target.

Why interesting: Historical record only; useful for precedent research.

Why risky: Not transactable.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jan 2021

Net worth

£121.5k

book net assets

Opportunity

49/100

Watch

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What this business does

Primary activity: SIC 46770

Sector: Wholesale & retail

ALSO REGISTERED FOR

68209Other letting and operating of own or leased real estate
70100Activities of head offices

Investor take

Special-situation opportunity

Distressed wholesale with salvageable qualities — special-situations priority.

Opportunity 49/100 (watch), bankability 50/100. Strong seller-intent signal (63/100, director aged 78). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -45% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 3 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

11 officers (2 active, 11 linked, 7 with DOB)

Ownership & PSC

3 active PSC(s) of 3 total, 3 with control declared

Director network

3 connected companies via shared directors

Filing history

103 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

49/100Watch

PassWatchWorth a lookStrongExceptional

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality

Concerning — overdue filings or status flags present.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Multiple red flags — proceed with caution.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £121,509

Net assets shrinking

Down £47,608 YoY

Cash draining

Cash down 45% YoY

Cash YoY

-45%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£55k

↓ 45% YoY

Net Worth

£122k

↓ 28% YoY

Current Assets

£1.5m

~ YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2021-01-31	2020-01-31
Total assets	£121.5k	£169.1k
Current assets	£1.52M	£1.53M
Cash	£55.2k	£100.0k
Debtors	£1.46M	£1.43M
Net assets	£121.5k	£169.1k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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

filing

• 1 gazette

Last 90 days

filing

• 1 gazette

Last 180 days

filings

• 1 gazette
• 1 insolvency

Counts from Companies House filing history.

Corporate timeline (35 events)Click to expand

2026-04-15
⚠️
gazette-dissolved-liquidation
gazette · GAZ2
2026-04-15
🏁
Company dissolved
2026-01-15
⚠️
liquidation-voluntary-members-return-of-final-meeting-scotland
insolvency · LIQ13(Scot)
2022-05-17
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-05-12
📄
resolution
resolution · RESOLUTIONS
2021-10-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-30
📄
resolution
resolution · RESOLUTIONS
2021-02-12
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-01-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-02-03
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-10-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-08-15
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-06-02
➖
SMITH, Donald resigned
director
2019-01-31
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-01-31
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2018-10-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-04-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-08-10
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2017-08-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2017-08-09
📄
termination-director-company-with-name-termination-date
officers · TM01
2017-06-04
➕
MCGILL, Helen Joan appointed
director
2017-06-04
➖
SMITH, Jeanette Graham, Trustees Of Mrs resigned
director
2016-10-19
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-02-01
➕
MCGILL, Helen Joan appointed
secretary
2015-02-01
➖
LANG, Isabella Shepherd resigned
secretary
2013-11-01
➕
SMITH, Jeanette Graham, Trustees Of Mrs appointed
director
2006-03-31
➕
LANG, Isabella Shepherd appointed
secretary
2006-03-31
➖
MARSHALL, Jean Donna resigned
secretary
2006-03-31
➖
MARSHALL, Jean Donna resigned
director
1997-08-28
➖
CURRIE, Elizabeth Helen resigned
director
1997-08-28
➖
SMITH, Jeanette Graham, Trustees Of Mrs resigned
director
1991-02-01
➖
LANG, Isabella Shepherd resigned
secretary
1991-02-01
➕
MARSHALL, Jean Donna appointed
secretary
1991-02-01
➖
NEILL, Alexander Hay resigned
director
1967-01-03
🏢
Company incorporated
As DONALD SMITH AND SON (METALS) LIMITED

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 78 — succession pressure is live.

Succession & seller-readiness

85/100

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 78 years old. Natural succession window is now.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondaryStable-but-static management: Company is 59 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

2 high ·

Company dissolved

high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2026-04-15

2 insolvency-related filings on record

high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2026-04-15: gazette-dissolved-liquidation; 2026-01-15: liquidation-voluntary-members-return-of-final-meeting-scotland

Shareholders & ownership

3 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Executors Nominate Of Mr Donald Smith Individual · British · DOB 10/1938 · age 88	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016
Executors Nominate Of Mrs Jeanette Graham Smith Individual · British · DOB 11/1940 · age 86	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016
Executors Nominate Of Mrs Elizabeth Ellen Currie Individual · British · DOB 04/1944 · age 82	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016

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

Active · Wholesale & distribution · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
ALLIANCE SANITARY PRODUCTS LIMITED→ SC261393 · est 2004	£8.86M £6.65M–£11.08M	—	—	2900	22y	86	69y
FAILTE FOOD SERVICE LIMITED→ SC275128 · est 2004	£7.59M £5.69M–£9.48M	—	—	71	21y	85	66y
WESTSIDE DISTRIBUTION HOLDINGS LIMITED→ SC648056 · est 2019	£5.77M £4.33M–£7.21M	—	—	27	6y	84	67y
WESTSIDE DISTRIBUTION LIMITED→ SC365971 · est 2009	£5.77M £4.33M–£7.21M	—	—	27	16y	88	67y
SOUTHEAST TRADERS LIMITED→ SC235763 · est 2002	£4.00M £3.00M–£5.01M	—	—	26	23y	88	67y
SCO-FRO GROUP LIMITED→ SC057644 · est 1975	£2.74M £2.06M–£3.43M	—	—	20	51y	95	72y
D MCNAIR (BUILDERS MERCHANTS) LIMITED→ SC089357 · est 1984	£2.35M £1.76M–£2.93M	—	—	69	41y	85	63y
ANDREW MCDICKEN LIMITED→ SC034095 · est 1959	—	—	£8.7k	—	66y	83	63y
ASTRA HYGIENE SUPPLIES LIMITED→ SC122088 · est 1989	—	—	£335.1k	—	36y	83	81y
BAYMED HEALTHCARE LTD.→ SC062673 · est 1977	—	—	£77.1k	—	48y	83	59y
CHAINBRIDGE STEEL (SCOTLAND) LIMITED→ SC320954 · est 2007 · no financials extracted	—	—	—	—	19y	83	63y
WILLIAMS CO. (HOLDINGS) LIMITED→ SC717165 · est 2021 · no financials extracted	—	—	—	—	4y	—	—

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

🔒Tailored diligence questions

11 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

Statusdissolved

Typeltd

Incorporated1967-01-03

Jurisdictionscotland

Primary SIC46770 — SIC 46770

Registered office

C/O 10th Floor

133 Finnieston Street

Glasgow

G3 8HB

Filing status

Accounts

Next due: —

Last made up to: 2021-01-31

Confirmation statement

Next due: —

Last: 2022-01-31

Officers (0 active · 9 resigned)

MCGILL, Helen Joan→

secretary · appointed 2015-02-01

View their other companies + combined net worth →

Active

MCGILL, Helen Joan→

director · ~78y · appointed 2017-06-04

View their other companies + combined net worth →

Active

LANG, Isabella Shepherd→

secretary · appointed 2006-03-31 · resigned 2015-02-01

Resigned

LANG, Isabella Shepherd→

secretary · resigned 1991-02-01

Resigned

MARSHALL, Jean Donna→

secretary · appointed 1991-02-01 · resigned 2006-03-31

Resigned

CURRIE, Elizabeth Helen→

director · ~83y · resigned 1997-08-28

Resigned

MARSHALL, Jean Donna→

director · ~68y · resigned 2006-03-31

Resigned

NEILL, Alexander Hay→

director · ~87y · resigned 1991-02-01

Resigned

SMITH, Donald→

director · ~88y · resigned 2019-06-02

Resigned

SMITH, Jeanette Graham, Trustees Of Mrs→

director · ~86y · appointed 2013-11-01 · resigned 2017-06-04

Resigned

SMITH, Jeanette Graham, Trustees Of Mrs→

director · ~86y · resigned 1997-08-28

Resigned

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

Recent filings (103 total)

gazette-dissolved-liquidation

gazette · GAZ2

2026-04-15

liquidation-voluntary-members-return-of-final-meeting-scotland

insolvency · LIQ13(Scot)

2026-01-15

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2022-05-17

resolution

resolution · RESOLUTIONS

2022-05-12

confirmation-statement-with-updates

confirmation-statement · CS01

2022-02-08

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-10-25

resolution

resolution · RESOLUTIONS

2021-09-30

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2021-02-12

confirmation-statement-with-updates

confirmation-statement · CS01

2021-02-01

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-01-25

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2020-02-03

confirmation-statement-with-updates

confirmation-statement · CS01

2020-02-02

accounts-with-accounts-type-total-exemption-full

accounts · AA

2019-10-25

termination-director-company-with-name-termination-date

officers · TM01

2019-08-15

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2019-01-31