SMITH BUILDING CONTRACTORS (SHETLAND) LTD

🌿Early-stageactive
SC804168 · ltd · incorporated 2024-03-22
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
66/100
Strong
🔔
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What this business does
Primary activity: Other building and industrial cleaning activities
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 66/100 (strong), bankability 60/100. Same-surname younger director in place — likely family handover, not open to sale. 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: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (68/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (4 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
3 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-31

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

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 (7 events)Click to expand
  1. 2025-12-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-03-22
    🏢
    Company incorporated
    As SMITH BUILDING CONTRACTORS (SHETLAND) LTD
  3. 2024-03-22
    TINDALL, Louise Jane appointed
    secretary
  4. 2024-03-22
    SMITH, Andrew Robert appointed
    director
  5. 2024-03-22
    SMITH, Maureen Bruce appointed
    director
  6. 2024-03-22
    SMITH, Robert James appointed
    director
  7. 2024-03-22
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

93/100
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
  • +Founder name in company name: Company name contains director surname "SMITH" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 70 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +Young company: Only 2.2 years old — management layer unlikely to be developed.

Succession & seller-readiness

20/100
No succession signal

No meaningful acquirability indicators from public data.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — SMITH, Andrew Robert (same surname) appointed 2024-03-22. Pattern consistent with intra-family handover.
  • primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.

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: 2026-04-04

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Robert James Smith
Individual · British · DOB 12/1956 · age 70
75100%
75–100%board control75-100% shares · 75-100% voting · board control22/03/2024

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 →
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9 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

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Company details

Statusactive
Typeltd
Incorporated2024-03-22
Jurisdictionscotland
Primary SIC81229 — Other building and industrial cleaning activities

Registered office

9 South Road
Lerwick
Shetland
ZE1 0RB
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-04-04OVERDUE
Last: 2025-03-21

Officers (4 active · 0 resigned)

TINDALL, Louise Jane
secretary · appointed 2024-03-22
View their other companies + combined net worth →
Active
SMITH, Andrew Robert
director · ~27y · appointed 2024-03-22
View their other companies + combined net worth →
Active
SMITH, Maureen Bruce
director · ~68y · appointed 2024-03-22
View their other companies + combined net worth →
Active
SMITH, Robert James
director · ~70y · appointed 2024-03-22
View their other companies + combined net worth →
Active

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

Recent filings (3 total)

accounts-with-accounts-type-dormant
accounts · AA
2025-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-01
incorporation-company
incorporation · NEWINC
2024-03-22