CAMPBELL SMITH LLP

💤Zombieactive
SO302185 · llp · incorporated 2009-01-08
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
73/100
Strong
🔔
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Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 80/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

1 live charge · oldest 17.1y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 17.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (69/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, no SIC, incorporation date
80
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
10 officers (3 active, 10 linked, 10 with DOB)
90
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
53 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees19002000

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

🔒Filing-note intelligence

1 signal 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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (44 events)Click to expand
  1. 2026-01-12
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  2. 2025-10-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-01-06
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  4. 2024-12-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-06-25
    📄
    termination-member-limited-liability-partnership-with-name-termination-date
    officers · LLTM01
  6. 2024-01-31
    CAVANAGH, John Gerard resigned
    llp-designated-member
  7. 2024-01-08
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  8. 2023-11-08
    📄
    termination-member-limited-liability-partnership-with-name-termination-date
    officers · LLTM01
  9. 2023-10-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-03-31
    SCOTT, Eric John resigned
    llp-designated-member
  11. 2023-01-18
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  12. 2022-08-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2022-01-13
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  14. 2021-07-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2021-02-11
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  16. 2020-12-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2020-01-06
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  18. 2019-07-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2019-01-07
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  20. 2018-08-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2018-01-11
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  22. 2017-06-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2017-01-20
    📄
    confirmation-statement-with-updates
    confirmation-statement · LLCS01
  24. 2016-08-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  25. 2016-02-02
    📄
    annual-return-limited-liability-partnership-with-made-up-date
    annual-return · LLAR01
  26. 2015-09-17
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  27. 2015-03-27
    📄
    annual-return-limited-liability-partnership-with-made-up-date
    annual-return · LLAR01
  28. 2014-06-01
    STEELE, Kenneth Urquhart appointed
    llp-designated-member
  29. 2014-06-01
    CAVANAGH, John Gerard appointed
    llp-designated-member
  30. 2014-03-31
    ANDREW, John Noel James resigned
    llp-designated-member
  31. 2014-03-31
    TODD, Isabel Sandra resigned
    llp-designated-member
  32. 2013-03-31
    HENDERSON, David James Thomas resigned
    llp-designated-member
  33. 2010-03-31
    FERGUSON, David Neil resigned
    llp-designated-member
  34. 2009-04-03
    MACCONNACHIE, Julia Maria appointed
    llp-designated-member
  35. 2009-04-03
    HEATLEY, George Weir Scott resigned
    llp-designated-member
  36. 2009-04-01
    🔒
    Charge registered #1
    Lender: Royal Bank of Scotland PLC
  37. 2009-01-08
    🏢
    Company incorporated
    As CAMPBELL SMITH LLP
  38. 2009-01-08
    FERGUSON, Helen Gilmour appointed
    llp-designated-member
  39. 2009-01-08
    ANDREW, John Noel James appointed
    llp-designated-member
  40. 2009-01-08
    FERGUSON, David Neil appointed
    llp-designated-member
  41. 2009-01-08
    HEATLEY, George Weir Scott appointed
    llp-designated-member
  42. 2009-01-08
    HENDERSON, David James Thomas appointed
    llp-designated-member
  43. 2009-01-08
    SCOTT, Eric John appointed
    llp-designated-member
  44. 2009-01-08
    TODD, Isabel Sandra appointed
    llp-designated-member

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

40/100
Moderate signal

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

SIGNALS
  • secondaryStable-but-static management: Company is 17 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

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

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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
Typellp
Incorporated2009-01-08
Jurisdictionscotland
Primary SIC

Registered office

21 York Place
Edinburgh
EH1 3EN

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-18
Last: 2026-01-04

Officers (3 active · 7 resigned)

FERGUSON, Helen Gilmour
llp-designated-member · ~61y · appointed 2009-01-08
View their other companies + combined net worth →
Active
MACCONNACHIE, Julia Maria
llp-designated-member · ~62y · appointed 2009-04-03
View their other companies + combined net worth →
Active
STEELE, Kenneth Urquhart
llp-designated-member · ~64y · appointed 2014-06-01
View their other companies + combined net worth →
Active
ANDREW, John Noel James
llp-designated-member · ~73y · appointed 2009-01-08 · resigned 2014-03-31
Resigned
CAVANAGH, John Gerard
llp-designated-member · ~62y · appointed 2014-06-01 · resigned 2024-01-31
Resigned
FERGUSON, David Neil
llp-designated-member · ~79y · appointed 2009-01-08 · resigned 2010-03-31
Resigned
HEATLEY, George Weir Scott
llp-designated-member · ~78y · appointed 2009-01-08 · resigned 2009-04-03
Resigned
HENDERSON, David James Thomas
llp-designated-member · ~76y · appointed 2009-01-08 · resigned 2013-03-31
Resigned
SCOTT, Eric John
llp-designated-member · ~68y · appointed 2009-01-08 · resigned 2023-03-31
Resigned
TODD, Isabel Sandra
llp-designated-member · ~67y · appointed 2009-01-08 · resigned 2014-03-31
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
Lloyds Banking Group
Royal Bank of Scotland PLC
Floating charge1 property01/04/2009
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (53 total)

confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2026-01-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-16
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-01-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-13
termination-member-limited-liability-partnership-with-name-termination-date
officers · LLTM01
2024-06-25
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-01-08
termination-member-limited-liability-partnership-with-name-termination-date
officers · LLTM01
2023-11-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-12
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2023-01-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-11
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2022-01-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-21
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2021-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-08
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2020-01-06