SKM 104 LTD
🏛️Establishedactive
SC577888 · ltd · incorporated 2017-10-03
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 Oct 2024
Net worth
£-24.5k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Retail sale in non-specialised stores with food, beverages or tobacco predominating
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 71/100 (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 (71/100)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
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
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
82
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £24,489
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£24k
↓ 37% YoY
Current Assets
£2k
↑ 62% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £-24.3k | £-17.8k |
| Current assets | £2.4k | £1.5k |
| Net assets | £-24.5k | £-17.9k |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
- 2025-07-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-05-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-05-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-07-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-07-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-03-01➕MATHISUTHAN, Muthulingam appointeddirector
- 2022-07-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-12-23➖MATHISUTHAN, Muthulingam resigneddirector
- 2021-12-22➕MATHISUTHAN, Malini appointeddirector
- 2021-12-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-12-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-07-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-10-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-07-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-10-03🏢Company incorporatedAs SKM 104 LTD
- 2017-10-03➕MATHISUTHAN, Muthulingam appointeddirector
- 2017-10-03📄incorporation-companyincorporation · NEWINC
Owner dependency
66/100
High — earn-out structure requiredMaterial 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
36/100
Weak signalLimited 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
1 lowMultiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
🔒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 · Retail · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| SLANJJ LTD→ SC688898 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| SMART CONNECT HORIZON LTD→ SC835393 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| SMARTWAVE MOBILE LTD→ SC880221 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| SNAPLAR LTD→ SC855514 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| SPW CARPET COMPANY LIMITED→ SC706300 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| SRI HANUMAN LTD→ SC600080 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ST MAGNUS BOUTIQUE LTD→ SC848422 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| STAUROS LIMITED→ SC199030 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| STEMIN LIMITED→ SC081550 · est 1983 · no financials extracted | — | — | — | — | 43y | — | — |
| STEPPING STONES (CHILDRENSWEAR) LIMITED→ SC556560 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| STERLING ECOTECH LTD→ SC591795 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| STEVEN WEBSTER (PHARMACIES) LIMITED→ SC601964 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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
Incorporated2017-10-03
Jurisdictionscotland
Primary SIC47110 — Retail sale in non-specialised stores with food, beverages or tobacco predominating
Registered office
19 Birkhall Place
Aberdeen
AB16 5RL
Scotland
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-16
Last: 2025-10-02
Officers (2 active · 1 resigned)
MATHISUTHAN, Malini→
Activedirector · ~34y · appointed 2021-12-22
View their other companies + combined net worth →
MATHISUTHAN, Muthulingam→
Activedirector · ~45y · appointed 2023-03-01
View their other companies + combined net worth →
MATHISUTHAN, Muthulingam→
Resigneddirector · ~45y · appointed 2017-10-03 · resigned 2021-12-23
Click a director name to see their full track record across all companies.
Recent filings (22 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-22
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-03
appoint-person-director-company-with-name-date
officers · AP01
2023-03-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-26
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-27
termination-director-company-with-name-termination-date
officers · TM01
2021-12-24
appoint-person-director-company-with-name-date
officers · AP01
2021-12-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-21