SMITH & GALBRAITH LIMITED

💤Zombieactive
SC212712 · ltd · incorporated 2000-11-09
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Nov 2024
Net worth
£1.0k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Other building completion and finishing
Sector: Construction
Investor take
Pursue
Asset-holding vehicle with a 63-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -98% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (76/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (2 active, 6 linked, 2 with DOB)
77
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
60 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £1,044
Net assets shrinking
Down £15,121 YoY
Cash draining
Cash down 98% YoY
Cash YoY
-98%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£170
↓ 98% YoY
Net Worth
£1k
↓ 94% YoY
Current Assets
£16k
↓ 33% YoY
Current Liabilities
£0£5k£10k£14k£19k£24kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-11-302023-11-30
Total assets£3.4k£22.5k
Current assets£16.2k£24.1k
Cash£170£8.9k
Debtors£16.0k£15.2k
Net assets£1.0k£16.2k

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2025-11-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-11-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-08-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-09-02
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2020-11-15
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2019-08-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-08-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2017-08-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  10. 2016-08-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2015-11-10
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2015-08-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2014-11-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2014-08-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2013-11-25
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2005-07-08
    GALBRAITH, Pauline appointed
    secretary
  17. 2005-07-08
    SMITH, John Adam resigned
    secretary
  18. 2005-07-08
    SMITH, John Adam resigned
    director
  19. 2000-11-09
    🏢
    Company incorporated
    As SMITH & GALBRAITH LIMITED
  20. 2000-11-09
    GALBRAITH, Andrew Robertson appointed
    director
  21. 2000-11-09
    SMITH, John Adam appointed
    secretary
  22. 2000-11-09
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  23. 2000-11-09
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  24. 2000-11-09
    SMITH, John Adam appointed
    director
  25. 2000-11-09
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  26. 2000-11-09
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

100/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder name in company name: Company name contains director surname "GALBRAITH" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

95/100
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 63. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 26 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 Andrew Robertson Galbraith
Individual · British · DOB 09/1963 · age 63
2550%
25-50% shares06/04/2016
Mrs Pauline Galbraith
Individual · British · DOB 06/1964 · age 62
2550%
25-50% shares06/04/2016

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

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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2000-11-09
Jurisdictionscotland
Primary SIC43390 — Other building completion and finishing

Registered office

47 Burns Drive
Johnstone
Renfrewshire
PA5 0HB

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-11-23
Last: 2025-11-09

Officers (2 active · 4 resigned)

GALBRAITH, Pauline
secretary · appointed 2005-07-08
View their other companies + combined net worth →
Active
GALBRAITH, Andrew Robertson
director · ~63y · appointed 2000-11-09
View their other companies + combined net worth →
Active
SMITH, John Adam
secretary · appointed 2000-11-09 · resigned 2005-07-08
Resigned
BRIAN REID LTD.
corporate-nominee-secretary · appointed 2000-11-09 · resigned 2000-11-09
Resigned
SMITH, John Adam
director · ~61y · appointed 2000-11-09 · resigned 2005-07-08
Resigned
STEPHEN MABBOTT LTD.
corporate-nominee-director · appointed 2000-11-09 · resigned 2000-11-09
Resigned

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

Recent filings (60 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-21
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-09-02
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-11-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-11-13