MCGILL & SMITH (SEEDS) LIMITED
- · Oldest live charge 33.0y old — refinance window within 12 months
Opportunity 80/100 (exceptional), bankability 85/100. 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).
Refinance opportunity
1 live charge · oldest 33.0y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 33.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (75/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-01-31 |
|---|---|
| Total assets | £222.7k |
| Debtors | £222.7k |
| Net assets | £222.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 3 officers
- • 1 confirmation-statement
- • 1 change-of-constitution
Corporate timeline (42 events)Click to expand
- 2025-11-17📄statement-of-companys-objectschange-of-constitution · CC04
- 2025-11-17📄memorandum-articlesincorporation · MA
- 2025-11-17📄resolutionresolution · RESOLUTIONS
- 2025-11-14📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-11-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-11-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-11-14📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2025-11-13➕MUNSEY, Elizabeth Jane appointedsecretary
- 2025-11-13➕BLAKE, Gary Michael appointeddirector
- 2025-11-13➕HEWISON, Debbie Ellen appointeddirector
- 2025-10-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-03📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-09-23➖JAMIESON, Robert Ian resignedsecretary
- 2025-09-23➖JAMIESON, Robert Ian resigneddirector
- 2025-07-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-08-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-04-14📄change-person-director-company-with-change-dateofficers · CH01
- 2019-06-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2006-07-26🔓Charge satisfied #1
- 2006-06-30➕SMELLIE, Stuart appointeddirector
- 2006-06-30➕JAMIESON, Robert Ian appointedsecretary
- 2006-06-30➖MCHAFFIE, Robert Ross resignedsecretary
- 2006-06-30➕SMELLIE, Stuart appointedsecretary
- 2006-06-30➖SMELLIE, Stuart resignedsecretary
- 2006-06-30➕JAMIESON, Robert Ian appointeddirector
- 2006-06-30➖KER, Thomas Lindsay resigneddirector
- 2006-06-30➖MCHAFFIE, Robert Ross resigneddirector
- 2006-06-30➖RAE, George William resigneddirector
- 1993-05-14🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 1992-04-15➕MCHAFFIE, Robert Ross appointedsecretary
- 1992-04-15➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 1992-04-15➕KER, Thomas Lindsay appointeddirector
- 1992-04-15➕MCHAFFIE, Robert Ross appointeddirector
- 1992-04-15➕RAE, George William appointeddirector
- 1992-04-15➖JORDANS (SCOTLAND) LIMITED resignedcorporate-nominee-director
- 1992-04-01🏢Company incorporatedAs MCGILL & SMITH (SEEDS) LIMITED
- 1992-04-01➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 1992-04-01➕JORDANS (SCOTLAND) LIMITED appointedcorporate-nominee-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- secondary12+ year tenure: Director in role 20 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: JAMIESON, Robert Ian resigned 2025-09-23; JAMIESON, Robert Ian resigned 2025-09-23
Group structure
L S Smellie & Sons Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
L S Smellie & Sons Limited Corporate entity | 75–100% | — | 75-100% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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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 →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
Registered office
Filing status
Officers (4 active · 9 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 14/05/1993 | 26/07/2006 |