SMART BOARD DIRECT LIMITED

💤Zombieactive
SC284022 · ltd · incorporated 2005-04-29
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 Mar 2025
Net worth
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: SIC 33200
Sector: Manufacturing
ALSO REGISTERED FOR
  • 47430Retail sale of audio and video equipment in specialised stores
  • 47910Retail sale via mail order houses or via Internet
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 59). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 3 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
2 officers (1 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
55 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Average employees100

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 (20 events)Click to expand
  1. 2025-08-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-06-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-11-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-07-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-12-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-10-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-07-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-09-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2018-10-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2018-05-31
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  11. 2018-05-31
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2018-02-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2017-05-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2016-11-24
    📄
    resolution
    resolution · RESOLUTIONS
  15. 2016-05-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-04-29
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2014-03-12
    TAYLOR, Richard Mitchell resigned
    secretary
  18. 2005-04-29
    🏢
    Company incorporated
    As SMART BOARD DIRECT LIMITED
  19. 2005-04-29
    CALLEN, Kenneth Bain Morrison appointed
    director
  20. 2005-04-29
    TAYLOR, Richard Mitchell appointed
    secretary

Owner dependency

93/100
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.
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

85/100
Likely off-market candidate

Strong 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.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 21 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Kenneth Bain Morrison Callen
Individual · Scottish · DOB 05/1967 · age 59
75100%
75-100% shares06/04/2016

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 →

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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
Incorporated2005-04-29
Jurisdictionscotland
Primary SIC33200 — SIC 33200

Registered office

Studio 106 Abbey Mill Business Centre
Paisley
PA1 1TJ
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-05-13
Last: 2025-04-29

Officers (1 active · 1 resigned)

CALLEN, Kenneth Bain Morrison
director · ~59y · appointed 2005-04-29
View their other companies + combined net worth →
Active
TAYLOR, Richard Mitchell
secretary · appointed 2005-04-29 · resigned 2014-03-12
Resigned

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

Recent filings (55 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-09
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-11
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-06
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-10
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-11
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-04
accounts-with-accounts-type-micro-entity
accounts · AA
2020-07-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-12
accounts-with-accounts-type-micro-entity
accounts · AA
2019-09-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-04-29