SMITH LEIPER CONSTRUCTION LTD

🏛️Establishedactive
SC574717 · ltd · incorporated 2017-08-29
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 Aug 2024
Net worth
£226.6k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Other manufacturing n.e.c.
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 72/100 (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: Cash flow review and working-capital discipline. Cash down -43% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

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
5 officers (2 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
47 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £226,604
Net assets shrinking
Down £115,589 YoY
Cash draining
Cash down 43% YoY
Cash YoY
-43%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£75k
↓ 43% YoY
Net Worth
£227k
↓ 34% YoY
Current Assets
£305k
↓ 32% YoY
Current Liabilities
—
£0£89k£179k£268k£358k£447kAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-312023-08-31
Total assets£288.7k£361.3k
Current assets£304.8k£447.1k
Cash£75.5k£132.9k
Debtors£229.3k£314.2k
Net assets£226.6k£342.2k

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 address
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2025-10-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-07-23
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2024-08-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2023-05-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2022-01-17
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2021-11-15
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  7. 2021-06-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2021-06-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2021-06-08
    📄
    capital-allotment-shares
    capital · SH01
  10. 2021-05-11
    ➕
    LEIPER, Derick appointed
    director
  11. 2021-05-11
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2021-01-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-12-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2020-10-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2020-10-14
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2020-09-21
    ➖
    SMITH, Colin resigned
    director
  17. 2020-07-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2020-07-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2020-07-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2020-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2018-01-19
    ➕
    SMITH, Sean Edward appointed
    director
  22. 2018-01-19
    ➖
    CURRAN, Charles resigned
    director
  23. 2017-11-23
    ➖
    WILSON, Hazel resigned
    director
  24. 2017-08-29
    🏢
    Company incorporated
    As SMITH LEIPER CONSTRUCTION LTD
  25. 2017-08-29
    ➕
    CURRAN, Charles appointed
    director
  26. 2017-08-29
    ➕
    SMITH, Colin appointed
    director
  27. 2017-08-29
    ➕
    WILSON, Hazel appointed
    director

Owner dependency

73/100
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.
  • +Founder name in company name: Company name contains director surname "LEIPER" — strong identity link between founder and business.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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
Mr Sean Edward Smith
Individual · British · DOB 03/1993 · age 33
——sig. influencesignificant influence19/01/2018
3 historic (ceased) PSCs
  • Mr Colin Smithceased 18/09/2020· 25-50% shares · 25-50% voting
  • Mr Charles Curranceased 19/01/2018· 25-50% shares · 25-50% voting
  • Mrs Hazel Wilsonceased 19/01/2018· 25-50% shares · 25-50% voting

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2017-08-29
Jurisdictionscotland
Primary SIC32990 — Other manufacturing n.e.c.

Registered office

143 Cumbrae Drive
Falkirk
FK1 4AP
Scotland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-06-22
Last: 2025-06-08

Officers (2 active · 3 resigned)

LEIPER, Derick→
director · ~46y · appointed 2021-05-11
View their other companies + combined net worth →
Active
SMITH, Sean Edward→
director · ~33y · appointed 2018-01-19
View their other companies + combined net worth →
Active
CURRAN, Charles→
director · ~73y · appointed 2017-08-29 · resigned 2018-01-19
Resigned
SMITH, Colin→
director · ~57y · appointed 2017-08-29 · resigned 2020-09-21
Resigned
WILSON, Hazel→
director · ~52y · appointed 2017-08-29 · resigned 2017-11-23
Resigned

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

Recent filings (47 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-07-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-08
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-01-17
change-account-reference-date-company-previous-extended
accounts · AA01
2021-11-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-06-08
confirmation-statement-with-updates
confirmation-statement · CS01
2021-06-08
appoint-person-director-company-with-name-date
officers · AP01
2021-06-08
capital-allotment-shares
capital · SH01
2021-06-08
resolution
resolution · RESOLUTIONS
2021-05-11