SMITH ANDERSON & COMPANY LIMITED
⚰️Wound downdissolved
SC007002 · ltd · incorporated 1909-01-19
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
54/100
Worth a look
What this business does
Primary activity: SIC 2112
Sector: Manufacturing
ALSO REGISTERED FOR
- 2121SIC 2121
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 54/100 (worth a look), bankability 37/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (45/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 44.7y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 44.7 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 60/100 (high).
Data confidence
Overall: low (51/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
24 officers (6 active, 24 linked, 21 with DOB)
88
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
9 connected companies via shared directors
72
Filing history
100 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
54/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (67 events)Click to expand
- 2024-03-07⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2024-03-07🏁Company dissolved
- 2023-12-07⚠️liquidation-compulsory-return-final-meeting-court-scotlandinsolvency · WU15(Scot)
- 2013-12-12📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2011-05-20⚠️liquidation-compulsory-notice-winding-up-scotlandinsolvency · CO4.2(Scot)
- 2011-05-20⚠️liquidation-compulsory-winding-up-order-scotlandinsolvency · 4.2(Scot)
- 2006-09-26⚠️liquidation-receiver-receivers-report-scotlandinsolvency · 3.5(Scot)
- 2006-07-11📍legacyaddress · 287
- 2006-06-27⚠️liquidation-receiver-appointment-of-receiver-scotlandinsolvency · 1(Scot)
- 2006-04-26📄legacyofficers · 288b
- 2006-04-10➖HENRY, Brian resigneddirector
- 2006-03-02📄legacyannual-return · 363s
- 2006-02-04📄accounts-with-accounts-type-fullaccounts · AA
- 2005-10-14📄mortgage-alter-floating-chargemortgage · 466(Scot)
- 2005-10-14📄mortgage-alter-floating-chargemortgage · 466(Scot)
- 2005-10-14📄legacymortgage · 410(Scot)
- 2005-10-12📄mortgage-alter-floating-chargemortgage · 466(Scot)
- 2005-10-11📄mortgage-alter-floating-chargemortgage · 466(Scot)
- 2005-09-30🔒Charge registered #3Lender: The Royal Bank of Scotland Commercial Services Limited
- 2005-03-05📄legacyannual-return · 363s
- 2004-10-18📄accounts-with-accounts-type-fullaccounts · AA
- 2004-10-18📄legacyofficers · 288b
- 2004-09-23➖BRADLEY, Mark Andrew resigneddirector
- 2004-02-26📄legacyannual-return · 363s
- 2004-01-08📄legacyofficers · 288b
- 2003-11-30➖LORD, Jack Leon, Eur Ing resigneddirector
- 2003-10-09📄accounts-with-accounts-type-fullaccounts · AA
- 2003-04-03📄legacyofficers · 288a
- 2003-03-24➕VERDEN-ANDERSON, Keith Eric appointeddirector
- 2003-03-02📄auditors-resignation-companyauditors · AUD
- 2003-03-02📄legacyannual-return · 363s
- 2001-05-21➕BRADLEY, Mark Andrew appointeddirector
- 2001-05-21➕LORD, Jack Leon, Eur Ing appointeddirector
- 2000-11-28➕CRIGHTON, David Melville appointeddirector
- 2000-11-28➕HUTT, Stephen Mark appointeddirector
- 2000-11-28➕LEE, Peter appointeddirector
- 2000-11-28➖HEPBURN, Gavin Andrew Harley resigneddirector
- 2000-11-28➖VERDEN ANDERSON, William Graeme resigneddirector
- 2000-11-28➖VERDEN-ANDERSON, Eric David Herdman resigneddirector
- 2000-11-28➖WOOD, Evelyn Cameron resigneddirector
- 2000-11-28➖WOOD, William resigneddirector
- 2000-02-28➖WOODLEY, Bryan John resigneddirector
- 1998-03-20➕HENRY, Brian appointeddirector
- 1997-02-18➕WOODLEY, Bryan John appointeddirector
- 1996-10-31➖WELTON, Andrew Bruce resigneddirector
- 1996-01-11➕VERDEN ANDERSON, William Graeme appointeddirector
- 1995-09-29🔒Charge registered #2Lender: The Royal Bank of Scotland PLC as Agent and Trustee for Itself and Others
- 1994-11-14➖WATT, James resigneddirector
- 1994-08-26➖BARNFIELD, David Geoffrey resigneddirector
- 1994-05-18➕ROBERTSON, David Stewart appointedsecretary
Showing most recent 50 of 67 events
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -5 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 32 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 72 — succession pressure is live.
Succession & seller-readiness
90/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 117 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
2 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2024-03-07
6 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2024-03-07: gazette-dissolved-liquidation; 2023-12-07: liquidation-compulsory-return-final-meeting-court-scotland
🔒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 →Similar companies
Active · Manufacturing · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CLAYMORE LOCK AND SAFE COMPANY LIMITED→ SC219182 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| COCOMEL SOAPS LIMITED→ SC671471 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| COUTTS CARPENTRY EDINBURGH LTD→ SC685118 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| CRAWFORD DOORS SCOTLAND LIMITED→ SC798988 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| D ADAM MECHANICAL SERVICES LIMITED→ SC858484 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DAR ROPE ACCESS LIMITED→ SC487487 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| DART ENERGY (EUROPE) LIMITED→ SC259898 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| DAVID SHAW LTD→ SC409009 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| DREVER JOINERY LTD→ SC727489 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| DRILLTEC INTERNATIONAL LIMITED→ SC083961 · est 1983 · no financials extracted | — | — | — | — | 42y | — | — |
| DRIVELINE HOLDINGS LIMITED→ SC428000 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| DROWN LTD.→ SC614688 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
10 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
Statusdissolved
Typeltd
Incorporated1909-01-19
Jurisdictionscotland
Primary SIC2112 — SIC 2112
Registered office
Apex 3 95 Haymarket Terrace
Edinburgh
EH12 5HD
Filing status
Accounts
Next due: —
Last made up to: 2005-03-31
Confirmation statement
Next due: —
Last: —
Officers (0 active · 18 resigned)
ROBERTSON, David Stewart→
Activesecretary · appointed 1994-05-18
View their other companies + combined net worth →
CRIGHTON, David Melville→
Activedirector · ~68y · appointed 2000-11-28
View their other companies + combined net worth →
HUTT, Stephen Mark→
Activedirector · ~61y · appointed 2000-11-28
View their other companies + combined net worth →
Active
ROBERTSON, David Stewart→
Activedirector · ~66y · appointed 1994-05-18
View their other companies + combined net worth →
VERDEN-ANDERSON, Keith Eric→
Activedirector · ~59y · appointed 2003-03-24
View their other companies + combined net worth →
COLMAN, George Mowatt→
Resignedsecretary · resigned 1992-03-31
WELTON, Andrew Bruce→
Resignedsecretary · appointed 1992-04-01 · resigned 1994-05-18
ANDERSON, William John Verden→
Resigneddirector · ~94y · resigned 1990-03-07
BARNFIELD, David Geoffrey→
Resigneddirector · ~68y · appointed 1992-04-01 · resigned 1994-08-26
BRADLEY, Mark Andrew→
Resigneddirector · ~63y · appointed 2001-05-21 · resigned 2004-09-23
COLMAN, George Mowatt→
Resigneddirector · ~96y · appointed 1989-11-27 · resigned 1992-03-31
DAVIES, Alun Roderick→
Resigneddirector · ~69y · appointed 1991-12-09 · resigned 1992-01-31
GILL, Robert Gerrard→
Resigneddirector · ~79y · appointed 1991-09-09 · resigned 1992-07-10
HENRY, Brian→
Resigneddirector · ~87y · appointed 1998-03-20 · resigned 2006-04-10
HEPBURN, Gavin Andrew Harley→
Resigneddirector · ~89y · resigned 2000-11-28
LORD, Jack Leon, Eur Ing→
Resigneddirector · ~81y · appointed 2001-05-21 · resigned 2003-11-30
VERDEN ANDERSON, William Graeme→
Resigneddirector · ~68y · appointed 1996-01-11 · resigned 2000-11-28
VERDEN-ANDERSON, Eric David Herdman→
Resigneddirector · ~90y · resigned 2000-11-28
WATT, James→
Resigneddirector · ~79y · appointed 1989-11-27 · resigned 1994-11-14
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland Commercial Services Limited | Floating charge | 1 property | 30/09/2005 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC as Agent and Trustee for Itself and Others | Bond & floating charge | 1 property | 29/09/1995 | — | |
| satisfied | Country Pride Foods Country Pride Foods LTD | Standard security | 1 property | 24/08/1981 | 16/11/1993 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (100 total)
gazette-dissolved-liquidation
gazette · GAZ2
2024-03-07
liquidation-compulsory-return-final-meeting-court-scotland
insolvency · WU15(Scot)
2023-12-07
change-registered-office-address-company-with-date-old-address
address · AD01
2013-12-12
liquidation-compulsory-notice-winding-up-scotland
insolvency · CO4.2(Scot)
2011-05-20
liquidation-compulsory-winding-up-order-scotland
insolvency · 4.2(Scot)
2011-05-20
liquidation-receiver-receivers-report-scotland
insolvency · 3.5(Scot)
2006-09-26
legacy
address · 287
2006-07-11
liquidation-receiver-appointment-of-receiver-scotland
insolvency · 1(Scot)
2006-06-27
legacy
officers · 288b
2006-04-26
legacy
annual-return · 363s
2006-03-02
accounts-with-accounts-type-full
accounts · AA
2006-02-04
mortgage-alter-floating-charge
mortgage · 466(Scot)
2005-10-14
mortgage-alter-floating-charge
mortgage · 466(Scot)
2005-10-14
legacy
mortgage · 410(Scot)
2005-10-14
mortgage-alter-floating-charge
mortgage · 466(Scot)
2005-10-12