SMITHS SHORT BARK AND SIDES LTD

🏛️Establishedactive

SC627279 · ltd · incorporated 2019-04-10

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 Apr 2025

Net worth

£-18.1k

book net assets

Opportunity

63/100

Worth a look

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What this business does

Primary activity: Other service activities n.e.c.

Sector: Other service activities

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. 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, 1 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

2 officers (2 active, 2 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

14 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

63/100Worth a look

PassWatchWorth a lookStrongExceptional

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Some moderate concerns — review flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Negative net assets

Liabilities exceed assets by £18,091

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

-£18k

↓ 39% YoY

Current Assets

£3k

↑ 708% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-04-30	2024-04-30
Total assets	£-9.9k	£-7.5k
Current assets	£2.6k	£317
Net assets	£-18.1k	£-13.0k

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

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (11 events)Click to expand

2026-01-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-09
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-07
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-02-05
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-04-10
🏢
Company incorporated
As SMITHS SHORT BARK AND SIDES LTD
2019-04-10
➕
SMITH, Graeme William Edward appointed
director
2019-04-10
➕
SMITH, Laura appointed
director
2019-04-10
📄
incorporation-company
incorporation · NEWINC

Owner dependency

86/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

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 "SMITH" — strong identity link between founder and business.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
+No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

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

1 high ·

Confirmation statement overdue

high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-21

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mrs Laura Smith Individual · British · DOB 02/1990 · age 36	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	10/04/2019
Mr Graeme William Edward Smith Individual · British · DOB 04/1985 · age 41	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	10/04/2019

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

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.

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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

Incorporated2019-04-10

Jurisdictionscotland

Primary SIC96090 — Other service activities n.e.c.

Registered office

38 Delph Wynd

Tullibody

Alloa

FK10 2TW

Scotland

Filing status

Accounts

Next due: 2027-01-31

Last made up to: 2025-04-30

Confirmation statement

Next due: 2026-04-21OVERDUE

Last: 2025-04-07

Officers (2 active · 0 resigned)

SMITH, Graeme William Edward→

director · ~41y · appointed 2019-04-10

View their other companies + combined net worth →

Active

SMITH, Laura→

director · ~36y · appointed 2019-04-10

View their other companies + combined net worth →

Active

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