SNMU LIMITED

⚰️Wound downdissolved
SC261572 · ltd · incorporated 2004-01-08
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
year to Oct 2022
Net worth
book net assets
Opportunity
52/100
Worth a look
🔔
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What this business does
Primary activity: Other manufacturing n.e.c.
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 52/100 (worth a look), bankability 52/100. Strong seller-intent signal (68/100, director aged 65). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (50/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 20.3y

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

Data confidence

Overall: high (83/100)

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
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
13 officers (6 active, 13 linked, 8 with DOB)
82
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
18 connected companies via shared directors
90
Filing history
94 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
52/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
41
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Oct 2021Oct 2022

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2022-10-282021-10-28
Average employees600700

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
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (47 events)Click to expand
  1. 2025-11-26
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2025-11-26
    🏁
    Company dissolved
  3. 2025-08-26
    ⚠️
    liquidation-compulsory-early-dissolution-court-scotland
    insolvency · WU16(Scot)
  4. 2024-01-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-01-26
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2023-07-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-01-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-10-03
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  9. 2022-06-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2022-06-30
    🔓
    Charge satisfied #3
  11. 2022-06-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2022-06-20
    🔓
    Charge satisfied #2
  13. 2021-07-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-04-22
    HOWELL, Michael John resigned
    director
  15. 2021-04-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2020-10-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2020-01-20
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  18. 2019-10-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2019-10-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  20. 2019-10-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  21. 2019-10-03
    HOWELL, Michael John appointed
    director
  22. 2019-06-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  23. 2019-04-24
    📄
    accounts-with-accounts-type-small
    accounts · AA
  24. 2019-01-24
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  25. 2018-08-30
    🔒
    Charge registered #3
    Lender: Shawbrook Bank Limited
  26. 2015-10-15
    🔓
    Charge satisfied #1
  27. 2015-10-09
    🔒
    Charge registered #2
    Lender: Maven Capital Partners UK LLP
  28. 2012-12-01
    JOHNSTONE, Ian James resigned
    secretary
  29. 2012-01-31
    CUMMING, Stephen appointed
    secretary
  30. 2012-01-31
    CUMMING, Stephen Robert appointed
    director
  31. 2012-01-31
    LINDSAY, Colin appointed
    director
  32. 2007-10-31
    HUNTER, John resigned
    director
  33. 2006-03-03
    JOHNSTONE, Ian James appointed
    secretary
  34. 2006-03-03
    SF SECRETARIES LIMITED resigned
    corporate-secretary
  35. 2006-01-13
    BROWN, Thomas appointed
    director
  36. 2006-01-13
    REID, John Robertson resigned
    director
  37. 2006-01-13
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  38. 2004-02-12
    JOHNSTONE, Ian James appointed
    director
  39. 2004-02-12
    KNOX, David Phillips appointed
    director
  40. 2004-02-12
    HUNTER, John appointed
    director
  41. 2004-02-12
    REID, John Robertson appointed
    director
  42. 2004-02-12
    BLP CREATIONS LIMITED resigned
    corporate-nominee-director
  43. 2004-02-12
    BLP FORMATIONS LIMITED resigned
    corporate-nominee-director
  44. 2004-01-08
    🏢
    Company incorporated
    As SNMU LIMITED
  45. 2004-01-08
    SF SECRETARIES LIMITED appointed
    corporate-secretary
  46. 2004-01-08
    BLP CREATIONS LIMITED appointed
    corporate-nominee-director
  47. 2004-01-08
    BLP FORMATIONS LIMITED appointed
    corporate-nominee-director

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 65 — 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 65. 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 22 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

2 high · 1 med ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2025-11-26

2 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2025-11-26: gazette-dissolved-liquidation; 2025-08-26: liquidation-compulsory-early-dissolution-court-scotland

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

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

🏛️
Imetafilm Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
SNMU LIMITED
This company · SC261572

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%
NameSharesVoting rightsNature of controlNotified
Imetafilm Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control03/06/2019
1 historic (ceased) PSC
  • The Gt4 Group Limitedceased 03/06/2019· 75-100% shares

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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

Statusdissolved
Typeltd
Incorporated2004-01-08
Jurisdictionscotland
Primary SIC32990 — Other manufacturing n.e.c.

Registered office

C/O BDO LLP
2 Atlantic Square 31 York Street
Glasgow
G2 8NJ

Filing status

Accounts
Next due:
Last made up to: 2022-10-28
Confirmation statement
Next due:
Last: 2023-10-10

Officers (0 active · 7 resigned)

CUMMING, Stephen
secretary · appointed 2012-01-31
View their other companies + combined net worth →
Active
BROWN, Thomas
director · ~61y · appointed 2006-01-13
View their other companies + combined net worth →
Active
CUMMING, Stephen Robert
director · ~55y · appointed 2012-01-31
View their other companies + combined net worth →
Active
JOHNSTONE, Ian James
director · ~64y · appointed 2004-02-12
View their other companies + combined net worth →
Active
KNOX, David Phillips
director · ~65y · appointed 2004-02-12
View their other companies + combined net worth →
Active
LINDSAY, Colin
director · ~59y · appointed 2012-01-31
View their other companies + combined net worth →
Active
JOHNSTONE, Ian James
secretary · appointed 2006-03-03 · resigned 2012-12-01
Resigned
SF SECRETARIES LIMITED
corporate-secretary · appointed 2004-01-08 · resigned 2006-03-03
Resigned
HOWELL, Michael John
director · ~71y · appointed 2019-10-03 · resigned 2021-04-22
Resigned
HUNTER, John
director · ~77y · appointed 2004-02-12 · resigned 2007-10-31
Resigned
REID, John Robertson
director · ~78y · appointed 2004-02-12 · resigned 2006-01-13
Resigned
BLP CREATIONS LIMITED
corporate-nominee-director · appointed 2004-01-08 · resigned 2004-02-12
Resigned
BLP FORMATIONS LIMITED
corporate-nominee-director · appointed 2004-01-08 · resigned 2004-02-12
Resigned

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Shawbrook
Shawbrook Bank Limited
A registered charge30/08/201830/06/2022
satisfied
Maven Capital Partners UK
Maven Capital Partners UK LLP
A registered charge09/10/201520/06/2022
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property13/01/200615/10/2015

Recent filings (94 total)

gazette-dissolved-liquidation
gazette · GAZ2
2025-11-26
liquidation-compulsory-early-dissolution-court-scotland
insolvency · WU16(Scot)
2025-08-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-01-29
resolution
resolution · RESOLUTIONS
2024-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-13
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-10-03
mortgage-satisfy-charge-full
mortgage · MR04
2022-06-30
mortgage-satisfy-charge-full
mortgage · MR04
2022-06-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-28
termination-director-company-with-name-termination-date
officers · TM01
2021-04-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-29