SMITH & MCLAURIN LIMITED

🌳Matureactive

SC229817 · ltd · incorporated 2002-04-02

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.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Nov 2024

Net worth

—

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 17120

Sector: Manufacturing

Investor take

Pursue

Leverage-led grower with a 68-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 57/100. Strong seller-intent signal (63/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 11 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (77/100).

🏦

Refinance opportunity

11 live charges · 11 lenders · oldest 23.8y

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 23.8 years old — likely at or near maturity.
· 11 lenders named — inter-creditor friction likely.
· Legal-friction score 45/100 (high).

Data confidence

Overall: high (80/100)

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

11 charges (11/11 with lender, 11/11 with type)

Directors & officers

23 officers (7 active, 23 linked, 16 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

5 connected companies via shared directors

Filing history

137 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒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

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.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Profitable

Profit before tax £750,725

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-11-01	2023-10-27
Profit before tax	£750.7k	£712.6k
Average employees	7500	7800

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

4 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

filings

• 2 mortgage
• 1 confirmation-statement

Last 180 days

filings

• 2 mortgage
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (74 events)Click to expand

2026-03-19
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-19
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-18
🔒
Charge registered #11
Lender: Hornbuckle Mitchell Trustees Limited and Allan Charles Mclaughlin as Trustees of the Private Pension-Css Group Pension Scheme and Roslynn Elizabeth Mclean Mackay
2026-03-18
🔒
Charge registered #10
Lender: Roslynn Mackay
2025-07-13
➕
DICKSON, Alistair Boyd appointed
director
2025-07-13
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-03-03
📄
accounts-with-accounts-type-full
accounts · AA
2024-03-04
📄
accounts-with-accounts-type-full
accounts · AA
2023-03-24
📄
accounts-with-accounts-type-full
accounts · AA
2022-04-07
📄
accounts-with-accounts-type-full
accounts · AA
2021-12-06
📄
change-person-director-company-with-change-date
officers · CH01
2021-06-21
📄
accounts-with-accounts-type-full
accounts · AA
2020-07-17
➕
HOLLAS, David Abraham appointed
director
2020-07-17
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-05-20
📄
accounts-with-accounts-type-full
accounts · AA
2019-04-23
📄
accounts-with-accounts-type-full
accounts · AA
2018-08-09
➕
KENNEDY, Patrick appointed
director
2018-08-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2018-07-27
📄
accounts-with-accounts-type-full
accounts · AA
2018-07-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2018-06-27
➖
LOUDON, Colin Thomson resigned
director
2017-04-26
📄
accounts-with-accounts-type-full
accounts · AA
2016-02-05
➖
OXBURGH, Graham Ardern resigned
director
2014-12-19
➖
EASTON, Ronald Story resigned
director
2014-02-21
➕
MCLAUGHLIN, Allan Charles appointed
secretary
2014-02-21
➖
MURPHY, Brendan James resigned
secretary
2014-02-21
➖
MURPHY, Brendan James resigned
director
2014-02-21
➕
OXBURGH, Graham Ardern appointed
director
2014-01-09
🔓
Charge satisfied #7
2013-10-28
🔒
Charge registered #9
Lender: Bank of Scotland PLC
2013-10-24
🔒
Charge registered #8
Lender: Lloyds Tsb Commercial Finance LTD
2013-04-30
➕
MURPHY, Brendan James appointed
secretary
2013-01-27
➖
MORTON FRASER SECRETARIES LIMITED resigned
corporate-secretary
2012-12-20
➕
EASTON, Ronald Story appointed
director
2012-12-18
➖
GAULT, Colin resigned
director
2012-09-01
➕
RADFORD, John appointed
director
2010-04-19
➕
MACKAY, Roslynn Elizabeth Mclean appointed
director
2010-02-05
➖
MONKS, Craig Darren resigned
director
2009-02-16
➖
MACKAY, Ian Duncan resigned
secretary
2008-03-18
➕
MORTON FRASER SECRETARIES LIMITED appointed
corporate-secretary
2008-03-18
➖
MACKAY, Ian Duncan resigned
director
2008-01-01
➕
MURPHY, Brendan James appointed
director
2006-07-11
🔓
Charge satisfied #6
2006-07-11
🔓
Charge satisfied #4
2006-07-11
🔓
Charge satisfied #3
2006-07-06
🔒
Charge registered #7
Lender: Clydesdale Bank Public Limited Company
2005-05-18
➕
MCLAUGHLIN, Allan Charles appointed
director
2005-05-17
➖
BRIMFIELD, Steven Gilbert resigned
director
2005-04-08
🔒
Charge registered #6
Lender: Euro Sales Finance PLC
2005-01-14
🔓
Charge satisfied #2

Showing most recent 50 of 74 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

-6 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 68 — succession pressure is live.

Succession & seller-readiness

70/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
primary20+ year tenure: Director in role 21 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.

Group structure

Sc303517 is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Sc303517

Corporate parent · holds 75-100% shares

ultimate parent

⬇

SMITH & MCLAURIN LIMITED

This company · SC229817

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
Sc303517 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.

🔒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

Active · Manufacturing · PA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
PROFESSIONAL BEAUTY SYSTEMS LIMITED→ SC080712 · est 1982	£13.66M £10.63M–£16.70M	—	—	27700	43y	88	86y
SAFER SCOTLAND LTD→ SC526884 · est 2016	£6.90M £5.37M–£8.44M	£12.22M	—	6600	10y	85	65y
AQUASKY LIMITED→ SC189598 · est 1998	£351.8k £273.6k–£430.0k	£303.3k	—	400	27y	85	74y
CARLTON DIE CASTINGS LIMITED→ SC083494 · est 1983	—	—	£704.5k	—	42y	83	83y
DAVID SMITH (FABRICATORS) LIMITED→ SC056938 · est 1975	—	—	£184.3k	—	51y	83	58y
SPENCE CREATIVE LTD→ SC758777 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
TELEDYNE GAS MEASUREMENT INSTRUMENTS LIMITED→ SC025020 · est 1947 · no financials extracted	—	—	—	—	79y	—	—
TENEMENT KITCHEN LIMITED→ SC666869 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
THE NETWORTH APP LTD→ SC850584 · est 2025 · no financials extracted	—	—	—	—	—	—	—
THERMA-CHEM INTERNATIONAL LIMITED→ SC543005 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
UNI-HEAT LTD.→ SC477929 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
VAST MAPLE LTD→ SC846674 · est 2025 · no financials extracted	—	—	—	—	—	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

9 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

Incorporated2002-04-02

Jurisdictionscotland

Primary SIC17120 — SIC 17120

Registered office

Cartside Mill Kilbarchan Road

Kilbarchan

Johnstone

Renfrewshire

PA10 2AF

Scotland

Filing status

Accounts

Next due: 2026-07-31

Last made up to: 2024-11-01

Confirmation statement

Next due: 2027-02-20

Last: 2026-02-06