SSMCG LTD

🌱Startupactive
SC823523 · ltd · incorporated 2024-09-23
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
71/100
Strong
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and acceptable with review structure.

Opportunity 71/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 1.5y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Newest facility, 1.5 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (55/100)

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
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
7 filings
60
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
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
4
filings
  • 2 persons-with-significant-control
  • 1 confirmation-statement
  • 1 officers
Last 180 days
4
filings
  • 2 persons-with-significant-control
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2026-02-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-02-26
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2026-02-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2026-02-13
    MCGLONE, Stephen resigned
    director
  5. 2024-12-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2024-11-27
    🔒
    Charge registered #1
    Lender: The Mortgage Works (UK) PLC
  7. 2024-09-23
    🏢
    Company incorporated
    As SSMCG LTD
  8. 2024-09-23
    MCGLONE, Samuel appointed
    director
  9. 2024-09-23
    MCGLONE, Stephen appointed
    director
  10. 2024-09-23
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Young company: Only 1.7 years old — management layer unlikely to be developed.

Succession & seller-readiness

45/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Samuel Mcglone
Individual · British · DOB 01/2003 · age 23
75100%
75–100%board control75-100% shares · 75-100% voting · board control23/09/2024
1 historic (ceased) PSC
  • Mr Stephen Mcgloneceased 13/02/2026· 25-50% shares · 25-50% voting · board control

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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Company details

Statusactive
Typeltd
Incorporated2024-09-23
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

7 Kenmure Road
Giffnock
Glasgow
G46 6TU
Scotland

Filing status

Accounts
Next due: 2026-06-23
Last made up to:
Confirmation statement
Next due: 2027-04-13
Last: 2026-03-30

Officers (1 active · 1 resigned)

MCGLONE, Samuel
director · ~23y · appointed 2024-09-23
View their other companies + combined net worth →
Active
MCGLONE, Stephen
director · ~55y · appointed 2024-09-23 · resigned 2026-02-13
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property27/11/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (7 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-26
termination-director-company-with-name-termination-date
officers · TM01
2026-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-04
incorporation-company
incorporation · NEWINC
2024-09-23