GRANT SMITH LAW PRACTICE LIMITED

🌳Matureactive

SC145875 · ltd · incorporated 1993-08-12

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.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jul 2025

Net worth

£537.5k

book net assets

Opportunity

76/100

Strong

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What this business does

Primary activity: Solicitors

Sector: Professional, scientific & technical

Investor take

Pursue

Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 57/100. Strong seller-intent signal (63/100, director aged 68). Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).

🏦

Refinance opportunity

16 live charges · 4 lenders · oldest 32.5y

25/100

too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

· Oldest live charge is 32.5 years old — likely at or near maturity.
· 4 lenders named — inter-creditor friction likely.
· Legal-friction score 50/100 (high).

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

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

Lenders & charges

16 charges (16/16 with lender, 16/16 with type)

Directors & officers

12 officers (5 active, 12 linked, 9 with DOB)

Ownership & PSC

5 active PSC(s) of 8 total, 8 with control declared

Director network

7 connected companies via shared directors

Filing history

157 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

76/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

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 £537,484

Net assets shrinking

Down £26,343 YoY

Cash YoY

+3%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£539k

↑ 3.5% YoY

Net Worth

£537k

↓ 4.7% YoY

Current Assets

£830k

~ YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-07-31	2024-07-31
Total assets	£609.7k	£655.8k
Current assets	£829.7k	£831.2k
Cash	£539.2k	£521.1k
Debtors	£290.5k	£310.1k
Net assets	£537.5k	£563.8k

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

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filings

• 1 accounts
• 1 officers
• 1 persons-with-significant-control

Counts from Companies House filing history.

Corporate timeline (63 events)Click to expand

2026-03-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-08
📄
change-person-director-company-with-change-date
officers · CH01
2026-01-07
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-03-06
📄
mortgage-satisfy-charge-full
mortgage · MR04
2025-03-06
🔓
Charge satisfied #16
2025-02-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-12
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-04-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-18
📄
change-person-director-company-with-change-date
officers · CH01
2023-04-18
📄
change-person-director-company-with-change-date
officers · CH01
2022-09-02
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-09-02
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-08-11
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-08-11
📄
change-person-director-company-with-change-date
officers · CH01
2022-08-11
📄
change-person-director-company-with-change-date
officers · CH01
2022-08-11
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-03-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-02
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-26
📄
change-person-director-company-with-change-date
officers · CH01
2020-11-26
📄
change-person-director-company-with-change-date
officers · CH01
2020-03-31
➕
O'NEILL, Matthew Derek appointed
director
2018-03-28
🔓
Charge satisfied #12
2017-07-31
➖
RITCHIE, Sheila Ewan resigned
director
2016-07-31
➖
MACANDREW, Donald Forbes resigned
director
2011-09-19
🔒
Charge registered #16
Lender: Bank of Scotland PLC
2011-09-19
🔒
Charge registered #15
Lender: Bank of Scotland PLC
2011-09-19
🔒
Charge registered #14
Lender: Bank of Scotland PLC
2011-09-19
🔒
Charge registered #13
Lender: Bank of Scotland PLC
2011-09-19
🔒
Charge registered #12
Lender: Bank of Scotland PLC
2011-09-15
🔒
Charge registered #11
Lender: Bank of Scotland PLC
2011-08-02
➖
GRANT SMITH LAW PRACTICE resigned
corporate-secretary
2011-07-30
🔓
Charge satisfied #4
2008-06-02
🔒
Charge registered #10
Lender: Royal Bank of Scotland PLC
2007-09-24
🔒
Charge registered #9
Lender: The Royal Bank of Scotland PLC
2007-06-01
🔒
Charge registered #8
Lender: The Royal Bank of Scotland PLC
2006-11-01
➕
NASH, Margaret Janet appointed
director
2004-11-26
➕
BEVERIDGE, Stuart Gordon Nicholas appointed
director
2004-11-26
➕
DUTHIE, Andrew appointed
director
2004-11-26
➕
MACANDREW, Hilary Anne Barrowman appointed
director
2004-10-28
🔓
Charge satisfied #5
2004-10-28
🔓
Charge satisfied #1
2004-09-14
🔒
Charge registered #7
Lender: The Royal Bank of Scotland PLC
2004-09-14
🔓
Charge satisfied #3
2004-09-07
🔓
Charge satisfied #2
2004-09-02
🔒
Charge registered #6
Lender: The Royal Bank of Scotland PLC
2004-09-02
🔒
Charge registered #5
Lender: The Royal Bank of Scotland PLC
2004-08-18
🔒
Charge registered #4
Lender: The Royal Bank of Scotland PLC
2000-08-31
➖
SMITH, Grant Scott resigned
director
2000-01-03
➖
MCDOUGALL, Ian James resigned
director

Showing most recent 50 of 63 events

Owner dependency

65/100

High — earn-out structure required

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

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 68 — succession pressure is live.

Succession & seller-readiness

80/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 33 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

1 med · 1 low

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

9 live charges

low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

5 active beneficial owners · fragmented

Name	Shares	Voting rights	Nature of control	Notified
Mr Matthew Derek O'Neill Individual · British · DOB 12/1984 · age 42	—	—	sig. influencesignificant influence	31/03/2020
Mr Andrew Duthie Individual · British · DOB 05/1958 · age 68	—	—	sig. influencesignificant influence	06/04/2016
Mr Stuart Gordon Nicholas Beveridge Individual · British · DOB 03/1968 · age 58	—	—	sig. influencesignificant influence	06/04/2016
Mrs Hilary Anne Barrowman Macandrew Individual · British · DOB 06/1963 · age 63	—	—	sig. influencesignificant influence	06/04/2016
Mrs Margaret Janet Nash Individual · British · DOB 10/1961 · age 65	—	—	sig. influencesignificant influence	06/04/2016

3 historic (ceased) PSCs

Mr Donald Forbes Macandrewceased 31/10/2018· significant influence
Mrs Sheila Ewan Ritchieceased 31/10/2018· significant influence
Mrs Margaret Janet Mair Nashceased 06/04/2016· 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 →

Similar companies

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HSB HOLDINGS LIMITED→ SC260511 · est 2003	£3.58M £2.64M–£4.52M	—	—	0	22y	84	61y
T D C PARSONS PEEBLES LIMITED→ SC663297 · est 2020	£2.76M £2.03M–£3.48M	£11.52M	—	5100	5y	87	77y
ROTECH HOLDINGS LIMITED→ SC148822 · est 1994	£1.97M £1.45M–£2.49M	£453.6k	—	0	32y	92	58y
WELLTEC (UK) LTD.→ SC204742 · est 2000	£134.9k £99.4k–£170.4k	£17.23M	—	3200	26y	85	62y
ACCURA MEASUREMENT LIMITED→ SC322109 · est 2007	—	—	£5.47M	—	19y	83	60y
ALLEN ASSOCIATES (H.P.E.) LIMITED→ SC201596 · est 1999 · no financials extracted	—	—	—	—	26y	83	59y
BOURTREE INVESTMENTS LIMITED→ SC190868 · est 1998	—	—	—	—	27y	83	61y
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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.

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Company details

Statusactive

Typeltd

Incorporated1993-08-12

Jurisdictionscotland

Primary SIC69102 — Solicitors

Registered office

252 Union Street

Aberdeen

AB10 1TN

Filing status

Accounts

Next due: 2027-04-30

Last made up to: 2025-07-31

Confirmation statement

Next due: 2026-08-26

Last: 2025-08-12