KBM 2018 LIMITED

🏛️Establishedactive
SC611181 · 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 Aug 2024
Net worth
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: Activities of head offices
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 76/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

5 live charges · 3 lenders · oldest 6.7y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 6.7 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
58 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Aug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-08-312023-08-31
Average employees00

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

4 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
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2025-05-29
    📄
    accounts-with-accounts-type-group
    accounts · AA
  2. 2025-04-16
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2025-04-15
    🔒
    Charge registered #5
    Lender: The Royal Bank of Scotland PLC
  4. 2025-04-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2025-04-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2025-04-11
    🔓
    Charge satisfied #3
  7. 2025-04-11
    🔓
    Charge satisfied #1
  8. 2025-04-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2025-03-28
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  10. 2025-03-24
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  11. 2025-01-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2025-01-30
    🔓
    Charge satisfied #2
  13. 2024-10-10
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  14. 2024-04-24
    📄
    accounts-with-accounts-type-group
    accounts · AA
  15. 2023-10-09
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  16. 2023-10-06
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  17. 2023-10-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2023-10-04
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC
  19. 2023-05-31
    📄
    accounts-with-accounts-type-group
    accounts · AA
  20. 2023-04-28
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  21. 2023-04-28
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  22. 2023-04-28
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  23. 2023-04-27
    📄
    capital-alter-shares-redemption-statement-of-capital
    capital · SH02
  24. 2023-04-18
    📄
    capital-alter-shares-redemption-statement-of-capital
    capital · SH02
  25. 2023-04-18
    📄
    capital-alter-shares-redemption-statement-of-capital
    capital · SH02
  26. 2023-04-18
    📄
    capital-alter-shares-redemption-statement-of-capital
    capital · SH02
  27. 2023-04-18
    📄
    capital-alter-shares-redemption-statement-of-capital
    capital · SH02
  28. 2023-04-18
    📄
    capital-alter-shares-redemption-statement-of-capital
    capital · SH02
  29. 2021-06-22
    ABERDEIN CONSIDINE SECRETARIAL SERVICES LIMITED appointed
    corporate-secretary
  30. 2019-09-04
    🔒
    Charge registered #2
    Lender: Scottish Enterprise
  31. 2019-09-04
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  32. 2018-10-18
    🏢
    Company incorporated
    As KBM 2018 LIMITED
  33. 2018-10-18
    MITCHELL, Kevin Alexander appointed
    director
  34. 2018-10-18
    SMITH, Jeffery Johnston appointed
    director

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.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Jeffery Johnston Smith
Individual · British · DOB 03/1968 · age 58
75100%
75–100%board control75-100% shares · 75-100% voting · board control18/10/2018

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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 SIC70100 — Activities of head offices

Registered office

9 Edindiach Road
Keith
AB55 5JY
United Kingdom

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2027-04-06
Last: 2026-03-23

Officers (3 active · 0 resigned)

ABERDEIN CONSIDINE SECRETARIAL SERVICES LIMITED
corporate-secretary · appointed 2021-06-22
View their other companies + combined net worth →
Active
MITCHELL, Kevin Alexander
director · ~54y · appointed 2018-10-18
View their other companies + combined net worth →
Active
SMITH, Jeffery Johnston
director · ~58y · appointed 2018-10-18
View their other companies + combined net worth →
Active

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

Mortgages & charges

5
Total charges
2
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge2 properties15/04/2025
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge24/03/2025
satisfied
Barclays
Barclays Bank PLC
A registered charge1 property04/10/202311/04/2025
satisfied
Scottish Enterprise
A registered charge04/09/201930/01/2025
satisfied
Barclays
Barclays Bank PLC
A registered charge04/09/201911/04/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (58 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-09
accounts-with-accounts-type-group
accounts · AA
2025-05-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-16
mortgage-satisfy-charge-full
mortgage · MR04
2025-04-11
mortgage-satisfy-charge-full
mortgage · MR04
2025-04-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-01
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-28
change-corporate-secretary-company-with-change-date
officers · CH04
2025-03-28
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-30
change-corporate-secretary-company-with-change-date
officers · CH04
2024-10-10
accounts-with-accounts-type-group
accounts · AA
2024-04-24
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-28
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2023-10-09
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2023-10-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-10-05