SMEATON ESTATE LIMITED

🌳Matureactive

SC497917 · ltd · incorporated 2015-02-16

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 Dec 2024

Net worth

£-40.6k

book net assets

Opportunity

74/100

Strong

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What this business does

Primary activity: SIC 02400

Sector: Agriculture, forestry & fishing

ALSO REGISTERED FOR

68209Other letting and operating of own or leased real estate

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 74/100 (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: 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, 2 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

3 officers (3 active, 3 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

25 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

74/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

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 £40,569

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

-£41k

↓ 47% YoY

Current Assets

£17k

↓ 3.2% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2024-12-31	2023-12-31
Total assets	£-40.6k	£-27.6k
Current assets	£17.5k	£18.1k
Net assets	£-40.6k	£-27.6k

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

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (19 events)Click to expand

2025-09-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-08-11
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-07-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-10-04
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-12-15
📄
change-account-reference-date-company-current-shortened
accounts · AA01
2017-11-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-11-14
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-10-24
📄
resolution
resolution · RESOLUTIONS
2016-10-24
📄
capital-name-of-class-of-shares
capital · SH08
2016-03-01
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-02-16
🏢
Company incorporated
As SMEATON ESTATE LIMITED
2015-02-16
➕
GRAY, Philip George Dale appointed
secretary
2015-02-16
➕
GRAY, Helena Kate appointed
director
2015-02-16
➕
GRAY, Philip George Dale appointed
director
2015-02-16
📄
incorporation-company
incorporation · NEWINC

Owner dependency

66/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

41/100

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.
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
Mr Philip George Dale Gray Individual · British · DOB 10/1983 · age 43	25–50%	—	25-50% shares	06/04/2016
Helena Kate Gray Individual · British · DOB 06/1983 · age 43	25–50%	—	25-50% shares	06/04/2016

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.

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Similar companies

Active · Agriculture · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
CRAIGENGILLAN ESTATES (NO 1) COMPANY LIMITED→ SC124520 · est 1990	£3.87M £2.98M–£4.77M	—	—	0	36y	83	63y
APF INTERNATIONAL FOREST MACHINERY EXHIBITION LTD.→ SC228249 · est 2002	£278.2k £214.0k–£342.4k	—	—	500	24y	95	79y
ALDERSTON DAIRIES LIMITED→ SC241138 · est 2002	—	—	£114.4k	—	23y	83	74y
CAITHNESS POTATO BREEDERS LIMITED→ SC082730 · est 1983	—	—	£1.36M	—	43y	83	68y
CARCANT ESTATES LIMITED→ SC030457 · est 1954	—	—	£269.0k	—	71y	83	69y
DENHOLM POTATO GROWERS LIMITED→ SC089295 · est 1984	—	—	£453.8k	—	41y	83	61y
DODS OF HADDINGTON LIMITED→ SC056452 · est 1974	—	—	£2.26M	—	51y	83	72y
DOUGLAS ORR & COMPANY LIMITED→ SC185757 · est 1998	—	—	—	1	27y	83	70y
E.C. TIMBER LIMITED→ SC170450 · est 1996	—	—	—	—	29y	83	99y
EAST COAST ORGANICS LTD→ SC297585 · est 2006	—	—	£1.21M	—	20y	83	63y
EAST LOTHIAN PRODUCE LIMITED→ SC185473 · est 1998	—	—	£8.19M	—	27y	83	73y
S & M GRUHAM LTD→ SC585555 · est 2018 · no financials extracted	—	—	—	—	8y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated2015-02-16

Jurisdictionscotland

Primary SIC02400 — SIC 02400

Registered office

Smeaton Farmhouse

Smeaton

East Linton

EH40 3DT

United Kingdom

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2027-03-02

Last: 2026-02-16

Officers (3 active · 0 resigned)

GRAY, Philip George Dale→

secretary · appointed 2015-02-16

View their other companies + combined net worth →

Active

GRAY, Helena Kate→

director · ~43y · appointed 2015-02-16

View their other companies + combined net worth →

Active

GRAY, Philip George Dale→

director · ~43y · appointed 2015-02-16

View their other companies + combined net worth →

Active

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