SMITHS HOTEL LTD
🌳Matureactive
SC249368 · ltd · incorporated 2003-05-13
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£1.35M
book net assets
Opportunity
83/100
Exceptional
What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
PursueStrong opportunity: asset-holding vehicle with exceptional profile and acceptable with review structure.
Opportunity 83/100 (exceptional), bankability 57/100. Strong seller-intent signal (70/100, director aged 59). Share purchase looks the cleaner deal structure. 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 (65/100).
🏦
Refinance opportunity
5 live charges · 4 lenders · oldest 22.7y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 22.7 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: medium (79/100)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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
84 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
83/100Exceptional
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £1,347,595
Cash draining
Cash down 77% YoY
Cash YoY
-77%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£40k
↓ 77% YoY
Net Worth
£1.3m
↑ 39% YoY
Current Assets
£578k
↑ 16% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £1.45M | £1.28M |
| Current assets | £577.6k | £498.7k |
| Cash | £40.5k | £176.9k |
| Debtors | £537.2k | £321.8k |
| Net assets | £1.35M | £966.3k |
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 (32 events)Click to expand
- 2025-08-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-07-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-05-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-10-12📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2023-10-12📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2023-10-03📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-09-29🔒Charge registered #5Lender: The Glasgow City Heritage Trust
- 2023-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-12-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-02-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-02-28📄change-person-director-company-with-change-dateofficers · CH01
- 2019-02-28📄change-person-director-company-with-change-dateofficers · CH01
- 2019-02-28📄change-person-director-company-with-change-dateofficers · CH01
- 2015-05-05🔒Charge registered #3Lender: Bank of Scotland PLC
- 2015-05-02🔓Charge satisfied #2
- 2015-04-28🔒Charge registered #4Lender: Bank of Scotland PLC
- 2006-02-10🔒Charge registered #2Lender: Aib Group (UK) PLC
- 2003-07-30🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 2003-07-08➕CHAUDHRY, Mumtaz Akhtar appointedsecretary
- 2003-07-08➕CHAUDHRY, Mumtaz Akhtar appointeddirector
- 2003-07-08➕MAHMOOD, Nasir appointeddirector
- 2003-07-08➖FIRSTSCOTTISH SECRETARIES LIMITED resignedcorporate-secretary
- 2003-07-08➖FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED resignedcorporate-nominee-director
- 2003-05-13🏢Company incorporatedAs SMITHS HOTEL LTD
- 2003-05-13➕FIRSTSCOTTISH SECRETARIES LIMITED appointedcorporate-secretary
- 2003-05-13➕FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED appointedcorporate-nominee-director
Owner dependency
76/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 23 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Mumtaz Akhtar Chaudhry Individual · British · DOB 10/1969 · age 57 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
1 historic (ceased) PSC
- Mr Nasir Mahmoodceased 03/08/2022· 25-50% shares · 25-50% voting · board control
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 · Holding company · ML postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| P&AS INVESTMENTS LTD→ SC807774 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| PARK NORTH COMMERCIAL PROPERTY LTD→ SC822287 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| SKYECAM LIMITED→ SC495849 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| SNOW NEWCO LIMITED→ SC806464 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| STRAUN GROUP LTD→ SC880183 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| SWEET HOME (SCOTLAND) LIMITED→ SC854494 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| TCA EOT TRUSTEES LIMITED→ SC763676 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| THE MAGIC STICK LIMITED→ SC881741 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| TIPPERTY HOLDINGS LIMITED→ SC642661 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| TOUL ANNAN LTD→ SC864866 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| TSH (FINANCIAL SERVICES) LTD→ SC462628 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| TUXHOLD LTD→ SC711497 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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
Incorporated2003-05-13
Jurisdictionscotland
Primary SIC64209 — Activities of other holding companies n.e.c.
Registered office
Second Floor Airbles House
270 Airbles Road
Motherwell
ML1 3AT
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-05-27
Last: 2025-05-13
Officers (3 active · 2 resigned)
CHAUDHRY, Mumtaz Akhtar→
Activesecretary · appointed 2003-07-08
View their other companies + combined net worth →
CHAUDHRY, Mumtaz Akhtar→
Activedirector · ~57y · appointed 2003-07-08
View their other companies + combined net worth →
MAHMOOD, Nasir→
Activedirector · ~59y · appointed 2003-07-08
View their other companies + combined net worth →
FIRSTSCOTTISH SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2003-05-13 · resigned 2003-07-08
FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED→
Resignedcorporate-nominee-director · appointed 2003-05-13 · resigned 2003-07-08
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
4
Outstanding
2
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Glasgow City Heritage Trust | A registered charge | 1 property | 29/09/2023 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 05/05/2015 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 28/04/2015 | — | |
| satisfied | Aib Group (UK) Aib Group (UK) PLC | Floating charge | 1 property | 10/02/2006 | 02/05/2015 | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 30/07/2003 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (84 total)
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-24
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-05-28
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2023-10-12
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2023-10-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-10-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-26
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-30
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-22