SMITH ANDERSON ENVELOPES LIMITED
💤Zombieactive
SC090157 · ltd · incorporated 1984-10-22
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
—
not disclosed
Net worth
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 77/100 (strong), bankability 77/100. Strong seller-intent signal (65/100, director aged 59). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
6 live charges · 5 lenders · oldest 41.0y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 41.0 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (57/100)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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
24 officers (1 active, 24 linked, 19 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
152 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
1
filing
- • 1 accounts
Last 90 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (69 events)Click to expand
- 2026-03-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-03-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-03-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-05-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-03-06📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-03-03➖MARRIOTT, David Simon resigneddirector
- 2022-06-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-06-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-06-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-06-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-05-31➕VERDEN-ANDERSON, Keith Eric appointeddirector
- 2022-05-31➖LONGSTAFFE, Michael James resigneddirector
- 2022-05-31➕MARRIOTT, David Simon appointeddirector
- 2021-04-08📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-05-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-06-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-11-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2018-11-06📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2018-06-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-06-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2013-11-29➖THOMSON, Teresa Carol resignedsecretary
- 2013-11-29➖THOMSON, Teresa Carol resigneddirector
- 2011-05-26➖CRAIG, Frederick John Robert resigneddirector
- 2011-05-26➕LONGSTAFFE, Michael James appointeddirector
- 2009-01-06➕CRAIG, Frederick John Robert appointeddirector
- 2009-01-06➖ROBERTSON, David Stewart resigneddirector
- 2007-05-11➖ROBERTSON, David Stewart resignedsecretary
- 2007-05-11➕THOMSON, Teresa Carol appointedsecretary
- 2006-09-27🔓Charge satisfied #9
- 2006-09-27🔓Charge satisfied #8
- 2006-09-27🔓Charge satisfied #7
- 2006-09-27🔓Charge satisfied #6
- 2006-09-27🔓Charge satisfied #1
- 2006-06-14➖CORMACK, Iain Matheson resigneddirector
- 2006-06-08➕THOMSON, Teresa Carol appointeddirector
- 2006-02-13➖VERDEN-ANDERSON, Eric David Herdman resigneddirector
- 2006-01-30➖HENRY, Brian resigneddirector
- 2006-01-05➖KIDNER, Timothy Lewis Wakely resigneddirector
- 2006-01-05➖WILSON, Keith John resigneddirector
- 2006-01-05➖WILSON, Thomas Webster resigneddirector
- 2005-09-30🔒Charge registered #9Lender: The Royal Bank of Scotland Commercial Services Limited
- 2005-02-28➖ANGUS, Athol James resigneddirector
- 2005-02-25➕WILSON, Keith John appointeddirector
- 2003-10-15➖GOLDMAN, Paul Melvyn resigneddirector
- 2002-11-04➕GOLDMAN, Paul Melvyn appointeddirector
- 2002-05-19➖CRABBIE, John Andrew resigneddirector
- 2002-02-12➕CORMACK, Iain Matheson appointeddirector
- 2000-03-20➕KIDNER, Timothy Lewis Wakely appointeddirector
- 2000-03-20➕ROBERTSON, David Stewart appointeddirector
- 1998-03-20➕HENRY, Brian appointeddirector
Showing most recent 50 of 69 events
Owner dependency
83/100
Critical — business is the founderThe 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.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 41 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Smith Anderson Group Limited holds 25-50% — a significant corporate investor but not a controlling parent.
🏛️
Smith Anderson Group Limited
Corporate parent
⬇
SMITH ANDERSON ENVELOPES LIMITED
This company · SC090157
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Smith Anderson Group Limited Corporate entity | — | — | sig. influencesignificant influence | 06/11/2018 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒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 · Other · KY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A-Y COMMERCIAL LTD→ OE032297 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| A-Y RESIDENTIAL SUB CO LIMITED→ OE032298 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ALBATROSS LIMITED→ OE028902 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ALVEGA TRADE LP→ SL022728 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AMD TRADE LP→ SL010014 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| AMITRADE LP→ SL009644 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| AMPDALE TRADING LP→ SL010994 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| ANCHOR PROPERTIES LIMITED→ OE033357 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ANDERSONS LLP→ SO300983 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| AP PROPERTY LIMITED→ OE021025 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| APLEC LP→ SL009004 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ARANO GROUP LP→ SL010311 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
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.
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
Typeltd
Incorporated1984-10-22
Jurisdictionscotland
Primary SIC99999 — SIC 99999
Registered office
Rosslyn Commerce Park
Mitchelston Industrial Estate
Kirkcaldy
Fife
KY1 3NA
Filing status
Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2027-03-07
Last: 2026-02-21
Officers (1 active · 23 resigned)
VERDEN-ANDERSON, Keith Eric→
Activedirector · ~59y · appointed 2022-05-31
View their other companies + combined net worth →
COLMAN, George Mowatt→
Resignedsecretary · resigned 1992-03-31
ROBERTSON, David Stewart→
Resignedsecretary · appointed 1994-05-24 · resigned 2007-05-11
THOMSON, Teresa Carol→
Resignedsecretary · appointed 2007-05-11 · resigned 2013-11-29
WELTON, Andrew Bruce→
Resignedsecretary · appointed 1992-04-01 · resigned 1994-05-24
ANDERSON, William John Verden→
Resigneddirector · ~94y · resigned 1990-03-07
ANGUS, Athol James→
Resigneddirector · ~86y · appointed 1989-12-20 · resigned 2005-02-28
CORMACK, Iain Matheson→
Resigneddirector · ~58y · appointed 2002-02-12 · resigned 2006-06-14
CRABBIE, John Andrew→
Resigneddirector · ~86y · resigned 2002-05-19
CRAIG, Frederick John Robert→
Resigneddirector · ~83y · appointed 2009-01-06 · resigned 2011-05-26
CRAWFORD, Alastair→
Resigneddirector · resigned 1990-03-07
DUTTON, Thomas→
Resigneddirector · ~98y · resigned 1996-12-31
GILL, Robert Gerrard→
Resigneddirector · ~79y · appointed 1991-09-09 · resigned 1992-07-10
GOLDMAN, Paul Melvyn→
Resigneddirector · ~73y · appointed 2002-11-04 · resigned 2003-10-15
HENRY, Brian→
Resigneddirector · ~87y · appointed 1998-03-20 · resigned 2006-01-30
KIDNER, Timothy Lewis Wakely→
Resigneddirector · ~78y · appointed 2000-03-20 · resigned 2006-01-05
LONGSTAFFE, Michael James→
Resigneddirector · ~64y · appointed 2011-05-26 · resigned 2022-05-31
MARRIOTT, David Simon→
Resigneddirector · ~62y · appointed 2022-05-31 · resigned 2023-03-03
ROBERTSON, David Stewart→
Resigneddirector · ~66y · appointed 2000-03-20 · resigned 2009-01-06
THOMSON, Teresa Carol→
Resigneddirector · ~56y · appointed 2006-06-08 · resigned 2013-11-29
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
0
Outstanding
0
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland Commercial Services Limited | Floating charge | 1 property | 30/09/2005 | 27/09/2006 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC for Itself and Others | Standard security | 1 property | 02/10/1995 | 27/09/2006 | |
| satisfied | 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 | 27/09/2006 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 15/06/1990 | 27/09/2006 | |
| satisfied | N C B (Enterprise) N C B (Enterprise) LTD | Bond & floating charge | 1 property | 14/03/1986 | 13/06/1990 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 12/04/1985 | 27/09/2006 |
Recent filings (152 total)
accounts-with-accounts-type-dormant
accounts · AA
2026-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-06
accounts-with-accounts-type-dormant
accounts · AA
2025-03-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-05
accounts-with-accounts-type-dormant
accounts · AA
2024-03-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-04
termination-director-company-with-name-termination-date
officers · TM01
2023-05-17
accounts-with-accounts-type-dormant
accounts · AA
2023-03-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-21
appoint-person-director-company-with-name-date
officers · AP01
2022-06-21
termination-director-company-with-name-termination-date
officers · TM01
2022-06-21
appoint-person-director-company-with-name-date
officers · AP01
2022-06-21
accounts-with-accounts-type-dormant
accounts · AA
2022-06-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-09
accounts-with-accounts-type-dormant
accounts · AA
2021-04-08