SMARTGROW SYSTEMS LIMITED

🌳Matureactive

SC415771 · ltd · incorporated 2012-01-31

Investment thesis

Unencumbered property vehicle — clean asset-backed target with refinance headroom.

Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.

Why risky: Values depend on title and valuation; property-specific market exposure.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Oct 2024

Net worth

—

book net assets

Opportunity

69/100

Strong

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What this business does

Primary activity: Other letting and operating of own or leased real estate

Sector: Real estate

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 69/100 (strong), bankability 65/100. Strong seller-intent signal (63/100, director aged 70). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

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

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (2 active, 2 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

1 connected companies via shared directors

Filing history

36 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

69/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review 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	2024-10-31	2023-10-31
Average employees	0	0

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

🔒Filing-note intelligence

2 signals 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

filing

• 1 gazette

Last 90 days

filing

• 1 gazette

Last 180 days

filing

• 1 gazette

Counts from Companies House filing history.

Corporate timeline (19 events)Click to expand

2026-05-12
📄
gazette-notice-compulsory
gazette · GAZ1
2025-02-26
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-04-12
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-07-24
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-07-29
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-07-19
📄
accounts-with-accounts-type-dormant
accounts · AA
2020-07-28
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-07-19
📄
accounts-with-accounts-type-dormant
accounts · AA
2018-07-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-03-22
📄
change-person-director-company-with-change-date
officers · CH01
2018-03-22
📄
change-person-director-company-with-change-date
officers · CH01
2017-07-27
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2017-05-30
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2016-07-21
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-04-14
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-07-30
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2012-03-26
➕
THOMSON, Rory Durno appointed
director
2012-01-31
🏢
Company incorporated
As SMARTGROW SYSTEMS LIMITED
2012-01-31
➕
THOMSON, Gavin George appointed
director

Owner dependency

86/100

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.
+Founder age: Director aged approximately 70 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
+No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

74/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondary12+ year tenure: Director in role 14 years.

Red flags

1 high ·

Confirmation statement overdue

high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-02-14

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Rory Durno Thomson Individual · British · DOB 06/1956 · age 70	25–50%	—	25-50% shares	31/01/2017
Mr Gavin George Thomson Individual · British · DOB 05/1962 · age 64	25–50%	—	25-50% shares	31/01/2017

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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BRUCE & COMPANY LIMITED→ SC190660 · est 1998	—	—	—	200	27y	83	63y
BUCCLEUCH PROPERTY (NEWTOWN ST BOSWELLS) LIMITED→ SC341348 · est 2008 · no financials extracted	—	—	—	—	18y	83	61y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

8 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.

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Company details

Statusactive

Typeltd

Incorporated2012-01-31

Jurisdictionscotland

Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Unit 6 Freskyn Place

East Mains Industrial Estate

Broxburn

EH52 5NF

Scotland

Filing status

Accounts

Next due: 2026-07-31

Last made up to: 2024-10-31

Confirmation statement

Next due: 2026-02-14OVERDUE

Last: 2025-01-31

Officers (2 active · 0 resigned)

THOMSON, Gavin George→

director · ~64y · appointed 2012-01-31

View their other companies + combined net worth →

Active

THOMSON, Rory Durno→

director · ~70y · appointed 2012-03-26

View their other companies + combined net worth →

Active

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

Recent filings (36 total)

gazette-notice-compulsory

gazette · GAZ1

2026-05-12

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-03-10