SMITH ANDERSON GROUP LIMITED

🌳Matureactive

SC207391 · ltd · incorporated 2000-05-23

Investment thesis

Looks cheap but ownership + security both unclear — probable value trap.

Why interesting: Headline metrics may be attractive.

Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.

Why now

Window closing · medium confidence

Getting harder to buy cheaply — 1 signals strengthening over the last 30 days.

· Hygiene score: 85 → 90

What changed my view

Last 30 days

Picture improved over the last 30 days — 1 positive signal vs 0 negative.

↑Hygiene score: 85 → 90

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

—

not disclosed

Net worth

—

book net assets

Opportunity

80/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 17211

Sector: Manufacturing

Investor take

Pursue

Active trading company with a 90-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 67/100. Strong seller-intent signal (73/100, director aged 90). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

5 live charges · 5 lenders · oldest 25.7y

35/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 25.7 years old — likely at or near maturity.
· 5 lenders named — inter-creditor friction likely.
· Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: low (47/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

5 charges (5/5 with lender, 5/5 with type)

Directors & officers

37 officers (11 active, 37 linked, 30 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

Network not yet resolved

Filing history

156 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (91 events)Click to expand

2026-03-12
📄
accounts-with-accounts-type-group
accounts · AA
2025-05-07
➕
KORI, Michael appointed
secretary
2025-05-07
➖
VERDEN-ANDERSON, Keith Eric resigned
secretary
2025-05-07
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2025-05-07
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2025-03-12
📄
accounts-with-accounts-type-full
accounts · AA
2024-03-11
📄
accounts-with-accounts-type-full
accounts · AA
2023-08-31
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-08-24
➕
KORI, Michael appointed
director
2023-05-19
📄
memorandum-articles
incorporation · MA
2023-05-19
📄
resolution
resolution · RESOLUTIONS
2023-05-15
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2023-05-15
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-05-15
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2023-03-06
📄
accounts-with-accounts-type-full
accounts · AA
2023-03-03
➖
MARRIOTT, David Simon resigned
secretary
2023-03-03
➕
VERDEN-ANDERSON, Keith Eric appointed
secretary
2023-03-03
➖
MARRIOTT, David Simon resigned
director
2023-01-24
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-12-01
➕
VERDEN-ANDERSON, Eric David Herdman appointed
director
2022-06-21
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-05-30
📄
accounts-with-accounts-type-full
accounts · AA
2022-04-29
➖
LONGSTAFFE, Michael James resigned
director
2021-06-30
📄
accounts-with-accounts-type-full
accounts · AA
2020-05-26
📄
accounts-with-accounts-type-full
accounts · AA
2019-04-01
📄
accounts-with-accounts-type-full
accounts · AA
2019-01-28
➕
COLLERTON, Catriona Louise appointed
director
2019-01-28
➕
PARTRIDGE, Scott Edmund appointed
director
2018-02-01
➕
MARRIOTT, David Simon appointed
director
2018-01-08
➕
MARRIOTT, David Simon appointed
secretary
2017-06-07
🔓
Charge satisfied #3
2017-04-24
🔒
Charge registered #5
Lender: Barclays Bank PLC
2016-06-30
➖
MURRAY, Edward Davidson resigned
director
2015-03-31
🔓
Charge satisfied #2
2015-02-27
🔓
Charge satisfied #4
2014-09-08
➕
WOOD, David Wiliam appointed
director
2014-01-30
➕
VERDEN-ANDERSON, James Eric appointed
director
2013-11-29
➖
THOMSON, Teresa Carol resigned
secretary
2013-11-29
➖
THOMSON, Teresa Carol resigned
director
2013-03-15
➖
HOWLEY, David Anthony Andrew resigned
director
2012-04-20
➕
ROBERTSON, David Stewart appointed
director
2011-10-04
🔒
Charge registered #4
Lender: Lloyds Tsb Bank PLC
2011-05-26
➖
CRAIG, Frederick John Robert resigned
director
2011-05-26
➕
MURRAY, Edward Davidson appointed
director
2009-07-01
➕
HOWLEY, David Anthony Andrew appointed
director
2009-07-01
➕
THOMSON, Teresa Carol appointed
director
2009-01-06
➖
ROBERTSON, David Stewart resigned
director
2008-10-16
➖
DICKSON, Michael Ian Ross resigned
director
2008-10-07
➖
COLLERTON, Carol-Ann Margaret resigned
director
2008-09-26
🔒
Charge registered #3
Lender: Lloyds Tsb Commercial Finance Limited

Showing most recent 50 of 91 events

Owner dependency

73/100

High — earn-out structure required

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

FACTORS

-10 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 90 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 70+: Senior director is approximately 90 years old. Natural succession window is now.
primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·

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.

Similar companies

Active · Manufacturing · KY postcode area

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FTV PROCLAD (U.K.) LIMITED→ SC271316 · est 2004	—	—	—	42	21y	85	66y
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PR2 ENGINEERING LIMITED→ SC278634 · est 2005 · no financials extracted	—	—	—	—	21y	83	60y
STONE MARINE SERVICES LIMITED→ SC202418 · est 1999	—	—	£2.02M	—	26y	83	75y
TEN 47 LIMITED→ SC216186 · est 2001	—	—	£4.37M	—	25y	83	61y
AXYZ ENGINEERING LIMITED→ SC222810 · est 2001	—	—	£552.4k	—	24y	82	65y
BELLISTON QUARRY COMPANY LTD. (THE)→ SC022558 · est 1943 · no financials extracted	—	—	—	—	82y	82	94y
CONTRACT SOLUTIONS (SCOTLAND) LIMITED→ SC305000 · est 2006 · no financials extracted	—	—	—	—	19y	82	75y
COOLFORCE LIMITED→ SC204027 · est 2000	—	—	—	0	26y	82	61y
DAVID L DOUGLAS LIMITED→ SC385357 · est 2010	—	—	—	1700	15y	82	70y
EDEN ILLUMINATION LTD→ SC365181 · est 2009	—	—	£38.6k	—	16y	82	69y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

7 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

Incorporated2000-05-23

Jurisdictionscotland

Primary SIC17211 — SIC 17211

Registered office

Rosslyn Commerce Park

Mitchelston Industrial Estate

Kirkcaldy

Fife

KY1 3NA

Filing status

Accounts

Next due: 2027-06-30

Last made up to: 2025-09-30

Confirmation statement

Next due: 2027-03-07

Last: 2026-02-21