MCGILL & SMITH (SEEDS) LIMITED

🌳Matureactive
SC137518 · ltd · incorporated 1992-04-01
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 33.0y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Jan 2025
Net worth
£222.7k
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: dormant / non-trading with exceptional profile and bankable structure.

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

85/100
ready

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.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
13 officers (4 active, 13 linked, 7 with DOB)
81
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
14 connected companies via shared directors
87
Filing history
112 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

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 →
Opportunity Score
80/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £222,713

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£223k
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-31
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.

🔒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
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
8
filings
  • 3 officers
  • 1 confirmation-statement
  • 1 change-of-constitution
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
  1. 2025-11-17
    📄
    statement-of-companys-objects
    change-of-constitution · CC04
  2. 2025-11-17
    📄
    memorandum-articles
    incorporation · MA
  3. 2025-11-17
    📄
    resolution
    resolution · RESOLUTIONS
  4. 2025-11-14
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  5. 2025-11-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2025-11-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2025-11-14
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  8. 2025-11-13
    MUNSEY, Elizabeth Jane appointed
    secretary
  9. 2025-11-13
    BLAKE, Gary Michael appointed
    director
  10. 2025-11-13
    HEWISON, Debbie Ellen appointed
    director
  11. 2025-10-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2025-10-03
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  13. 2025-09-23
    JAMIESON, Robert Ian resigned
    secretary
  14. 2025-09-23
    JAMIESON, Robert Ian resigned
    director
  15. 2025-07-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2024-06-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2023-06-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2022-06-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2021-06-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  20. 2020-08-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  21. 2020-04-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  22. 2019-06-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  23. 2006-07-26
    🔓
    Charge satisfied #1
  24. 2006-06-30
    SMELLIE, Stuart appointed
    director
  25. 2006-06-30
    JAMIESON, Robert Ian appointed
    secretary
  26. 2006-06-30
    MCHAFFIE, Robert Ross resigned
    secretary
  27. 2006-06-30
    SMELLIE, Stuart appointed
    secretary
  28. 2006-06-30
    SMELLIE, Stuart resigned
    secretary
  29. 2006-06-30
    JAMIESON, Robert Ian appointed
    director
  30. 2006-06-30
    KER, Thomas Lindsay resigned
    director
  31. 2006-06-30
    MCHAFFIE, Robert Ross resigned
    director
  32. 2006-06-30
    RAE, George William resigned
    director
  33. 1993-05-14
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  34. 1992-04-15
    MCHAFFIE, Robert Ross appointed
    secretary
  35. 1992-04-15
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  36. 1992-04-15
    KER, Thomas Lindsay appointed
    director
  37. 1992-04-15
    MCHAFFIE, Robert Ross appointed
    director
  38. 1992-04-15
    RAE, George William appointed
    director
  39. 1992-04-15
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  40. 1992-04-01
    🏢
    Company incorporated
    As MCGILL & SMITH (SEEDS) LIMITED
  41. 1992-04-01
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  42. 1992-04-01
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director

Owner dependency

68/100
High — earn-out structure required

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

FACTORS
  • +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

53/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • 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 ·
2 director resignations in last 12 months
medium

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.

🏛️
L S Smellie & Sons Limited
Corporate parent · holds 75-100% shares
ultimate parent
MCGILL & SMITH (SEEDS) LIMITED
This company · SC137518

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
L S Smellie & Sons Limited
Corporate entity
75100%
75-100% shares06/04/2016

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 →

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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
Incorporated1992-04-01
Jurisdictionscotland
Primary SIC74990 — Non-trading company

Registered office

Hamilton House Strathaven Rural Centre
Whiteshawgate
Strathaven
Lanarkshire
ML10 6SY

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-04-15
Last: 2026-04-01

Officers (4 active · 9 resigned)

MUNSEY, Elizabeth Jane
secretary · appointed 2025-11-13
View their other companies + combined net worth →
Active
BLAKE, Gary Michael
director · ~53y · appointed 2025-11-13
View their other companies + combined net worth →
Active
HEWISON, Debbie Ellen
director · ~45y · appointed 2025-11-13
View their other companies + combined net worth →
Active
SMELLIE, Stuart
director · ~58y · appointed 2006-06-30
View their other companies + combined net worth →
Active
JAMIESON, Robert Ian
secretary · appointed 2006-06-30 · resigned 2025-09-23
Resigned
MCHAFFIE, Robert Ross
secretary · appointed 1992-04-15 · resigned 2006-06-30
Resigned
SMELLIE, Stuart
secretary · appointed 2006-06-30 · resigned 2006-06-30
Resigned
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 1992-04-01 · resigned 1992-04-15
Resigned
JAMIESON, Robert Ian
director · ~58y · appointed 2006-06-30 · resigned 2025-09-23
Resigned
KER, Thomas Lindsay
director · ~72y · appointed 1992-04-15 · resigned 2006-06-30
Resigned
MCHAFFIE, Robert Ross
director · ~80y · appointed 1992-04-15 · resigned 2006-06-30
Resigned
RAE, George William
director · ~81y · appointed 1992-04-15 · resigned 2006-06-30
Resigned
JORDANS (SCOTLAND) LIMITED
corporate-nominee-director · appointed 1992-04-01 · resigned 1992-04-15
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property14/05/199326/07/2006

Recent filings (112 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-01
statement-of-companys-objects
change-of-constitution · CC04
2025-11-17
memorandum-articles
incorporation · MA
2025-11-17
resolution
resolution · RESOLUTIONS
2025-11-17
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-11-14
appoint-person-director-company-with-name-date
officers · AP01
2025-11-14
appoint-person-director-company-with-name-date
officers · AP01
2025-11-14
appoint-person-secretary-company-with-name-date
officers · AP03
2025-11-14
termination-director-company-with-name-termination-date
officers · TM01
2025-10-03
termination-secretary-company-with-name-termination-date
officers · TM02
2025-10-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-13