NEIL SMITH CONTRACTING LTD

🌳Matureactive

SC447363 · ltd · incorporated 2013-04-11

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 Mar 2025

Net worth

£-5.7k

book net assets

Opportunity

78/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Other specialised construction activities n.e.c.

Sector: Construction

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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

28 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

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.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Negative net assets

Liabilities exceed assets by £5,695

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

-£6k

↑ 87% YoY

Current Assets

£88k

↑ 34% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2025-03-31	2024-03-31
Total assets	£72.1k	£70.7k
Current assets	£87.9k	£65.4k
Net assets	£-5.7k	£-43.0k

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

filings

Last 90 days

filings

• 2 capital

Last 180 days

filings

• 2 capital
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (19 events)Click to expand

2026-03-31
📄
capital-allotment-shares
capital · SH01
2026-03-31
📄
capital-allotment-shares
capital · SH01
2025-12-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-21
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-12-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-12-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-11-29
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-05-23
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-12-14
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-05-27
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-10-20
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-04-11
🏢
Company incorporated
As NEIL SMITH CONTRACTING LTD
2013-04-11
➕
SMITH, Amanda Alexina appointed
director
2013-04-11
➕
SMITH, Neil James Grant appointed
director

Owner dependency

94/100

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 name in company name: Company name contains director surname "SMITH" — strong identity link between founder and business.
+Senior director age: Director aged approximately 59 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
+No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

59/100

Strong succession signal

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondary12+ year tenure: Director in role 13 years.
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

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mrs Amanda Alexina Smith Individual · British · DOB 11/1970 · age 56	25–50%	—	25-50% shares	11/04/2017
Mr Neil James Grant Smith Individual · British · DOB 04/1967 · age 59	25–50%	—	25-50% shares	11/04/2017

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 →

Similar companies

Active · Construction · PH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
MCNICOL PLUMBING & HEATING SERVICES LTD→ SC771152 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
MIKE SIMPSON PLUMBING & HEATING LIMITED→ SC300554 · est 2006 · no financials extracted	—	—	—	—	20y	—	—
NME ELECTRICAL LTD→ SC884084 · est 2026 · no financials extracted	—	—	—	—	—	—	—
NORLOG LIMITED→ SC168686 · est 1996 · no financials extracted	—	—	—	—	29y	—	—
OCAD PROPERTIES LIMITED→ SC846403 · est 2025 · no financials extracted	—	—	—	—	—	—	—
OMEWORKS LIMITED→ SC835980 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
ON FIBRE LTD→ SC787434 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
ON TAP WATER AND DRAINAGE LIMITED→ SC482940 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
ORCHIL CONSULTING LIMITED→ SC446574 · est 2013 · no financials extracted	—	—	—	—	13y	—	—
OSPREY CONSTRUCTION LTD.→ SC212662 · est 2000 · no financials extracted	—	—	—	—	25y	—	—
OWEN MACGREGOR PLUMBING & HEATING LTD→ SC824422 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
P.J. REDFORD (HOMES) LIMITED→ SC120968 · est 1989 · no financials extracted	—	—	—	—	36y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 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

Incorporated2013-04-11

Jurisdictionscotland

Primary SIC43999 — Other specialised construction activities n.e.c.

Registered office

The Meadows

Culreach

Grantown-On-Spey

Moray

PH26 3NH

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-05-11

Last: 2025-04-27

Officers (2 active · 0 resigned)

SMITH, Amanda Alexina→

director · ~56y · appointed 2013-04-11

View their other companies + combined net worth →

Active

SMITH, Neil James Grant→

director · ~59y · appointed 2013-04-11

View their other companies + combined net worth →

Active

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

Recent filings (28 total)

capital-allotment-shares

capital · SH01

2026-03-31

capital-allotment-shares

capital · SH01

2026-03-31