SMITH & WALLACE TRUSTEE COMPANY LIMITED

🌳Matureactive
SC416207 · ltd · incorporated 2012-02-06
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2024
Net worth
book net assets
Opportunity
63/100
Worth a look
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 55/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review 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£0Jul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-07-312023-07-31

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

Recent activity

Last 30 days
0
filings
Last 90 days
2
filings
  • 1 gazette
  • 1 dissolution
Last 180 days
3
filings
  • 1 gazette
  • 1 dissolution
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-04-07
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  2. 2026-03-30
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  3. 2025-04-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2024-04-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2023-04-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2023-02-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2023-02-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2022-03-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2021-03-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2020-03-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2019-03-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2018-03-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2017-03-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2016-04-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2016-02-11
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-12-31
    CALDWELL, James resigned
    director
  17. 2012-02-06
    🏢
    Company incorporated
    As SMITH & WALLACE TRUSTEE COMPANY LIMITED
  18. 2012-02-06
    FARRELL, Martin Cunningham appointed
    director
  19. 2012-02-06
    MCMORLAND, Andrew John appointed
    director
  20. 2012-02-06
    CALDWELL, James appointed
    director

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

44/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • 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 ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-04-30

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Martin Cunningham Farrell
Individual · British · DOB 07/1982 · age 44
5075%
50–75%50-75% shares · 50-75% voting06/04/2016
Mr Andrew John Mcmorland
Individual · British · DOB 06/1971 · age 55
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

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

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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2012-02-06
Jurisdictionscotland
Primary SIC99999 — SIC 99999

Registered office

1 Simonsburn Road
Kilmarnock
KA1 5LA

Filing status

Accounts
Next due: 2026-04-30OVERDUE
Last made up to: 2024-07-31
Confirmation statement
Next due: 2027-02-20
Last: 2026-02-06

Officers (2 active · 1 resigned)

FARRELL, Martin Cunningham
director · ~44y · appointed 2012-02-06
View their other companies + combined net worth →
Active
MCMORLAND, Andrew John
director · ~55y · appointed 2012-02-06
View their other companies + combined net worth →
Active
CALDWELL, James
director · ~77y · appointed 2012-02-06 · resigned 2015-12-31
Resigned

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

Recent filings (34 total)

gazette-notice-voluntary
gazette · GAZ1(A)
2026-04-07
dissolution-application-strike-off-company
dissolution · DS01
2026-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-06
accounts-with-accounts-type-dormant
accounts · AA
2025-04-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-19
accounts-with-accounts-type-dormant
accounts · AA
2024-04-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-07
accounts-with-accounts-type-dormant
accounts · AA
2023-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-15
change-person-director-company-with-change-date
officers · CH01
2023-02-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-02-15
accounts-with-accounts-type-dormant
accounts · AA
2022-03-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-16
accounts-with-accounts-type-dormant
accounts · AA
2021-03-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-07