JULIE SMITH EQUESTRIAN LIMITED

💤Zombieactive
SC292796 · ltd · incorporated 2005-11-07
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
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Turnover
year to Nov 2024
Net worth
£-59.0k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: SIC 01430
Sector: Agriculture, forestry & fishing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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: distressed disposal / insolvency (65/100).

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, 1 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 (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
55 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £59,020
Net assets shrinking
Down £66,420 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£59k
↓ 898% YoY
Current Assets
£21k
↓ 42% YoY
Current Liabilities
-£59k-£40k-£21k-£2k£17k£36kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-11-302023-11-30
Total assets£-59.0k£7.4k
Current assets£21.0k£36.0k
Net assets£-59.0k£7.4k

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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2025-08-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-08-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-08-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-08-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-08-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-11-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-10-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2019-08-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-02-02
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2019-01-29
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2018-08-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-01-10
    📄
    accounts-amended-with-accounts-type-total-exemption-small
    accounts · AAMD
  13. 2018-01-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2017-08-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-11-08
    📄
    accounts-amended-with-accounts-type-total-exemption-small
    accounts · AAMD
  16. 2005-11-07
    🏢
    Company incorporated
    As JULIE SMITH EQUESTRIAN LIMITED
  17. 2005-11-07
    SMITH, Thomas appointed
    secretary
  18. 2005-11-07
    SMITH, Julie Anne appointed
    director

Owner dependency

100/100
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.
  • +Founder name in company name: Company name contains director surname "SMITH" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +No director turnover: Company is 20 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 20 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
NameSharesVoting rightsNature of controlNotified
Mrs Julie Anne Smith
Individual · Scottish · DOB 07/1973 · age 53
sig. influencesignificant influence01/10/2016

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
Incorporated2005-11-07
Jurisdictionscotland
Primary SIC01430 — SIC 01430

Registered office

Abercorn Cottage Aiket Road
Dunlop
Kilmarnock
KA3 4BW
Scotland

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-11-19
Last: 2025-11-05

Officers (2 active · 0 resigned)

SMITH, Thomas
secretary · appointed 2005-11-07
View their other companies + combined net worth →
Active
SMITH, Julie Anne
director · ~53y · appointed 2005-11-07
View their other companies + combined net worth →
Active

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

Recent filings (55 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-13
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-09
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-09
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-18
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-10-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-05
accounts-with-accounts-type-micro-entity
accounts · AA
2019-08-29