SMS OIL & GAS LIMITED

🌳Matureactive

SC263131 · ltd · incorporated 2004-02-09

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 Feb 2025

Net worth

—

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: SIC 46120

Sector: Wholesale & retail

Investor take

Pursue

Active trading company with a 81-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (83/100, director aged 81). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (81/100)

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

Confirmed no charges registered

Directors & officers

7 officers (3 active, 7 linked, 3 with DOB)

Ownership & PSC

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

Director network

12 connected companies via shared directors

Filing history

59 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

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	2025-02-28	2024-02-28

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

Recent activity

Last 30 days

filings

Last 90 days

filings

• 2 address
• 1 confirmation-statement

Last 180 days

filings

• 2 address
• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (27 events)Click to expand

2026-02-26
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-26
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-17
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-11-28
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-11-28
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-11-30
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-11-30
📄
accounts-with-accounts-type-dormant
accounts · AA
2020-11-30
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-11-29
📄
accounts-with-accounts-type-dormant
accounts · AA
2018-11-30
📄
accounts-with-accounts-type-dormant
accounts · AA
2017-11-30
📄
accounts-with-accounts-type-dormant
accounts · AA
2016-11-30
📄
accounts-with-accounts-type-dormant
accounts · AA
2016-03-19
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-11-30
📄
accounts-with-accounts-type-dormant
accounts · AA
2015-03-04
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2007-01-05
➕
TURNBULL, John Neilson appointed
secretary
2007-01-05
➖
FORMATTIONS.CO.UK resigned
corporate-secretary
2007-01-05
➖
SUSLOV, Yury Mikhaylouich resigned
director
2004-03-25
➕
GILLICK, Lawrence appointed
director
2004-03-25
➕
TURNBULL, John Neilson appointed
director
2004-03-25
➕
FORMATTIONS.CO.UK appointed
corporate-secretary
2004-02-09
🏢
Company incorporated
As SMS OIL & GAS LIMITED
2004-02-09
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2004-02-09
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2004-02-09
➕
SUSLOV, Yury Mikhaylouich appointed
director
2004-02-09
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director
2004-02-09
➖
STEPHEN MABBOTT LTD. resigned
corporate-nominee-director

Owner dependency

83/100

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

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 81 — succession pressure is live.

Succession & seller-readiness

96/100

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 81 years old. Natural succession window is now.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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

1 low

Multiple registered office changes

low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Lawrence Gillick Individual · British · DOB 12/1945 · age 81	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 · Wholesale & distribution · KA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
DURACARE LIMITED→ SC550705 · est 2016	£8.14M £6.11M–£10.18M	—	—	5900	9y	84	76y
NOBEL NC EUROPE LIMITED→ SC355464 · est 2009	£5.56M £4.17M–£6.95M	—	—	9	17y	85	81y
NOBEL TRADING LIMITED→ SC245627 · est 2003	£4.40M £3.30M–£5.50M	—	—	0	23y	85	81y
COASTLINE ADHESIVE TAPES LIMITED→ SC163345 · est 1996	—	—	£1.01M	—	30y	83	65y
GCBW CATRINE LTD→ SC022403 · est 1943 · no financials extracted	—	—	—	—	82y	83	74y
INTER DEPENDENT PURCHASING LIMITED→ SC290783 · est 2005	—	—	£165.9k	—	20y	83	63y
A. DEWAR RATTRAY LIMITED→ SC021038 · est 1939	—	—	£1.02M	—	86y	82	87y
CUNNINGHAM TRUCK PARTS LIMITED→ SC285268 · est 2005	—	—	£1.01M	—	20y	82	58y
IDENTIFICATION TECHNOLOGIES (SCOTLAND) LIMITED→ SC137822 · est 1992	—	—	£94.2k	—	34y	82	65y
JOHN DAWSON BUTCHERS LIMITED→ SC245500 · est 2003	—	—	—	1600	23y	82	58y
JOHN H MCNAE LTD.→ SC294906 · est 2005	—	—	—	1600	20y	82	78y
NOVA DOG CHEWS LIMITED→ SC283109 · est 2005 · no financials extracted	—	—	—	—	21y	82	59y

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

Incorporated2004-02-09

Jurisdictionscotland

Primary SIC46120 — SIC 46120

Registered office

68 Mariners View Ardrossan

Mariners View

Ardrossan

KA22 8BH

Scotland

Filing status

Accounts

Next due: 2026-11-30

Last made up to: 2025-02-28

Confirmation statement

Next due: 2027-02-23

Last: 2026-02-09

Officers (3 active · 4 resigned)

TURNBULL, John Neilson→

secretary · appointed 2007-01-05

View their other companies + combined net worth →

Active

GILLICK, Lawrence→

director · ~81y · appointed 2004-03-25

View their other companies + combined net worth →

Active

TURNBULL, John Neilson→

director · ~74y · appointed 2004-03-25

View their other companies + combined net worth →

Active

BRIAN REID LTD.→

corporate-nominee-secretary · appointed 2004-02-09 · resigned 2004-02-09

Resigned

FORMATTIONS.CO.UK→

corporate-secretary · appointed 2004-03-25 · resigned 2007-01-05

Resigned

SUSLOV, Yury Mikhaylouich→

director · ~71y · appointed 2004-02-09 · resigned 2007-01-05

Resigned

STEPHEN MABBOTT LTD.→

corporate-nominee-director · appointed 2004-02-09 · resigned 2004-02-09

Resigned

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

Recent filings (59 total)

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2026-02-26

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2026-02-26