SPRINGHILL NURSERIES (WHOLESALE) LIMITED

🌳Matureactive
SC122649 · ltd · incorporated 1990-01-29
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 32.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: SIC 01130
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
  • 46220SIC 46220
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 85/100. Strong seller-intent signal (68/100, director aged 57). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · oldest 32.9y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 32.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (70/100)

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

Company profile
address, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
111 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-31
Average employees1200

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
0
filings
Last 90 days
2
filings
  • • 1 confirmation-statement
  • • 1 officers
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2026-02-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-09-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-08-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-05-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2024-05-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2024-05-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2024-05-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2024-05-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2024-02-08
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  10. 2024-02-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2024-02-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2024-02-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2024-02-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2023-09-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2022-09-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2021-09-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2021-07-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2021-07-29
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  19. 2021-07-28
    ➖
    SMITH, Ann Erina resigned
    secretary
  20. 2021-07-28
    ➖
    SMITH, Ann Erina resigned
    director
  21. 2020-10-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2018-10-08
    🔓
    Charge satisfied #2
  23. 2018-10-08
    🔓
    Charge satisfied #1
  24. 1993-07-05
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  25. 1993-05-28
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  26. 1990-02-27
    ➕
    SMITH, David William appointed
    director
  27. 1990-02-27
    ➕
    SMITH, Stuart Edward appointed
    director
  28. 1990-02-27
    ➕
    SMITH, Ann Erina appointed
    secretary
  29. 1990-02-27
    ➕
    SMITH, Ann Erina appointed
    director
  30. 1990-01-29
    🏢
    Company incorporated
    As SPRINGHILL NURSERIES (WHOLESALE) LIMITED

Owner dependency

76/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 36 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

66/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 36 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 36 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr David William Smith
Individual · British · DOB 10/1969 · age 57
50–75%
50–75%50-75% shares · 50-75% voting06/04/2016
Stuart Edward Smith
Individual · British · DOB 01/1971 · age 55
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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

Similar companies

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CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
EAST COAST VINERS (PEAS AND BEANS) LIMITED→
SC465480 · est 2013
£8.08M
£6.21M–£9.94M
£13.37M—180012y8579y
TREETOP FORESTRY LIMITED→
SC292083 · est 2005
£5.00M
£3.85M–£6.15M
£12.98M—460020y8772y
ALTNAHARRA ESTATE LIMITED→
SC228455 · est 2002
£634.2k
£487.8k–£780.5k
——824y8571y
CHALLENGE FISHING COMPANY LIMITED→
SC192237 · est 1998
———627y8369y
FORTRIE FARMS LIMITED→
SC158055 · est 1995
———1030y8376y
GARDINER ICM LIMITED→
SC197812 · est 1999
——£2.60M—26y8364y
LORANTHUS FISHING COMPANY LIMITED→
SC312585 · est 2006
———019y8370y
M B AQUARIUS LIMITED→
SC259115 · est 2003
———022y8370y
M.V. QUANTUS LIMITED→
SC150141 · est 1994
——£32.29M—32y8369y
MEARNS TRACTORS LIMITED→
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———122y8362y
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——£24.40M—31y8379y
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——£440.0k—29y8358y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated1990-01-29
Jurisdictionscotland
Primary SIC01130 — SIC 01130

Registered office

Suite A
1 Albyn Place
Aberdeen
AB10 1BR
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-12
Last: 2026-01-29

Officers (2 active · 2 resigned)

SMITH, David William→
director · ~57y · appointed 1990-02-27
View their other companies + combined net worth →
Active
SMITH, Stuart Edward→
director · ~55y · appointed 1990-02-27
View their other companies + combined net worth →
Active
SMITH, Ann Erina→
secretary · appointed 1990-02-27 · resigned 2021-07-28
Resigned
SMITH, Ann Erina→
director · ~79y · appointed 1990-02-27 · resigned 2021-07-28
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
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security2 properties05/07/199308/10/2018
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Floating charge1 property28/05/199308/10/2018

Recent filings (111 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-10
change-person-director-company-with-change-date
officers · CH01
2026-02-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-08
change-person-director-company-with-change-date
officers · CH01
2024-05-07
change-person-director-company-with-change-date
officers · CH01
2024-05-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-03
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-02-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-07
change-person-director-company-with-change-date
officers · CH01
2024-02-07
change-person-director-company-with-change-date
officers · CH01
2024-02-07