FIRST SMART D2 LIMITED
🏛️Establishedactive
SC611159 · ltd · incorporated 2018-10-18
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 Dec 2024
Net worth
£-29.7k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Hotels and similar accommodation
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 71/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).
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
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
26 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
50
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 declaredNegative net assets
Liabilities exceed assets by £29,688
Cash YoY
+116%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£731
↑ 116% YoY
Net Worth
-£30k
↓ 31% YoY
Current Assets
£736
↓ 66% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £-29.7k | £-22.7k |
| Current assets | £736 | £2.2k |
| Cash | £731 | £339 |
| Debtors | £5 | £1.8k |
| Net assets | £-29.7k | £-22.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2025-12-31📄accounts-with-accounts-type-smallaccounts · AA
- 2025-09-30📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-09-30📄change-person-director-company-with-change-dateofficers · CH01
- 2024-12-20📄accounts-with-accounts-type-smallaccounts · AA
- 2024-09-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-12-28📄accounts-with-accounts-type-smallaccounts · AA
- 2023-09-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2022-12-29📄accounts-with-accounts-type-smallaccounts · AA
- 2022-10-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2021-12-30📄accounts-with-accounts-type-smallaccounts · AA
- 2021-09-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2021-07-09📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2020-12-03📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-10-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-07-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-04-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-03-31➖BEDDOE, Nathan resigneddirector
- 2019-03-06📄second-filing-of-director-appointment-with-nameofficers · RP04AP01
- 2019-03-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-03-01➕BEDDOE, Nathan appointeddirector
- 2018-10-18🏢Company incorporatedAs FIRST SMART D2 LIMITED
- 2018-10-18➕CHENSONG, Zheng appointeddirector
- 2018-10-18➕ZHIWU, Wang appointeddirector
Owner dependency
58/100
Moderate — manageable with handoverSome 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
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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Shenzhen Leasing (Hong Kong) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Shenzhen Leasing (Hong Kong) Limited
Corporate parent · holds 75-100% shares · board control
⬇
FIRST SMART D2 LIMITED
This company · SC611159
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Shenzhen Leasing (Hong Kong) Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 18/10/2018 |
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 · Hospitality · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| HENDERSON BLACKET LIMITED→ SC868468 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| HONEYCOMB & CO CAFE'S LTD→ SC553832 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| HONG YANG EDINBURGH LTD→ SC672720 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| HOSPITALITY MI LTD→ SC755150 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| HOSPITALITY VENTURES U.K. LTD→ SC409996 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| HOYAAN EXPRESS PVT LTD→ SC884402 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| HRE FINANCE LTD→ SC484574 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| HS (EDINBURGH) LTD→ SC473439 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| HS SCOTLAND LTD→ SC837688 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| HULA TWO LTD→ SC616762 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| HUNGER HUSTLE LTD→ SC811113 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| HUNTINGTON ESTATE LIMITED→ SC518651 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
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
Incorporated2018-10-18
Jurisdictionscotland
Primary SIC55100 — Hotels and similar accommodation
Registered office
First Smart D2 Limited, C/O Azets
Quay 2
139 Fountainbridge
Edinburgh
EH3 9QG
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-13
Last: 2025-09-29
Officers (2 active · 1 resigned)
CHENSONG, Zheng→
Activedirector · ~47y · appointed 2018-10-18
View their other companies + combined net worth →
Active
BEDDOE, Nathan→
Resigneddirector · ~56y · appointed 2019-03-01 · resigned 2020-03-31
Click a director name to see their full track record across all companies.
Recent filings (26 total)
accounts-with-accounts-type-small
accounts · AA
2025-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-09-30
change-person-director-company-with-change-date
officers · CH01
2025-09-30
accounts-with-accounts-type-small
accounts · AA
2024-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-16
accounts-with-accounts-type-small
accounts · AA
2023-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-09-29
accounts-with-accounts-type-small
accounts · AA
2022-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-10-10
accounts-with-accounts-type-small
accounts · AA
2021-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-29