KELVIN SMITH (INSURANCE BROKERS) LIMITED

🌳Matureactive
SC301532 · ltd · incorporated 2006-04-28
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Why now
Window steady · low confidence
Steady and tidy — no seller pressure yet. Approach only if an angle opens.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2025
Net worth
£3.48M
book net assets
Opportunity
83/100
Exceptional
🔔
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What this business does
Primary activity: Activities of insurance agents and brokers
Sector: Financial & insurance
Investor take
Pursue
Asset-holding vehicle with a 63-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 85/100. Strong seller-intent signal (60/100, director aged 63). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).

🏦

Refinance opportunity

2 live charges · oldest 12.5y

45/100
under pressure

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

  • · Oldest live charge is 12.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 5 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
102 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £3,475,922
Cash YoY
-27%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1.7m
↓ 27% YoY
Net Worth
£3.5m
↑ 18% YoY
Current Assets
£6.1m
↑ 25% YoY
Current Liabilities
—
£0£1.2m£2.4m£3.6m£4.8m£6.1mDec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-12-312024-12-31
Total assets£3.54M£3.04M
Current assets£6.05M£4.83M
Cash£1.72M£2.35M
Debtors£4.33M£2.48M
Net assets£3.48M£2.95M

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

🔒Filing-note intelligence

2 signals 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
1
filing
  • • 1 confirmation-statement
Last 90 days
5
filings
  • • 2 officers
  • • 1 confirmation-statement
  • • 1 persons-with-significant-control
Last 180 days
5
filings
  • • 2 officers
  • • 1 confirmation-statement
  • • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2026-04-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-04-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2026-04-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2026-03-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2025-05-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-12-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-05-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2024-05-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2024-05-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2024-02-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2024-02-19
    🔓
    Charge satisfied #2
  12. 2023-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2022-10-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2022-06-10
    📄
    capital-allotment-shares
    capital · SH01
  15. 2022-05-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2022-05-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2022-05-01
    ➕
    GARDNER, Scott George appointed
    director
  18. 2022-05-01
    ➕
    ROSS, Rena appointed
    director
  19. 2021-11-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2021-01-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  21. 2020-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2020-08-14
    ➖
    MCGOUGAN, Angela resigned
    secretary
  23. 2020-08-14
    ➖
    MCGOUGAN, Angela resigned
    director
  24. 2019-12-18
    🔓
    Charge satisfied #1
  25. 2019-12-16
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  26. 2015-02-06
    ➖
    HARPER, Graeme resigned
    director
  27. 2013-11-26
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  28. 2013-07-25
    ➕
    HARPER, Graeme appointed
    director
  29. 2008-09-01
    ➕
    MCGOUGAN, Angela appointed
    director
  30. 2006-04-28
    🏢
    Company incorporated
    As KELVIN SMITH (INSURANCE BROKERS) LIMITED
  31. 2006-04-28
    ➕
    TRAVERS, Stephen Michael appointed
    director
  32. 2006-04-28
    ➕
    MCGOUGAN, Angela appointed
    secretary
  33. 2006-04-28
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  34. 2006-04-28
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  35. 2006-04-28
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  36. 2006-04-28
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

68/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

80/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 20 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

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 Stephen Michael Travers
Individual · British · DOB 09/1963 · age 63
75–100%
75–100%board control75-100% shares · 75-100% voting · board control01/07/2016

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 →

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@SIPP LIMITED→
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————26y8359y
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——£20.0k—23y8366y
HARRY SMITH, LIMITED→
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——£431.4k—55y8380y
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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
Typeltd
Incorporated2006-04-28
Jurisdictionscotland
Primary SIC66220 — Activities of insurance agents and brokers

Registered office

The Sinclair Building
18-20 Eagle Street
Glasgow
G4 9XA
Scotland

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2027-05-22
Last: 2026-05-08

Officers (3 active · 5 resigned)

GARDNER, Scott George→
director · ~45y · appointed 2022-05-01
View their other companies + combined net worth →
Active
ROSS, Rena→
director · ~49y · appointed 2022-05-01
View their other companies + combined net worth →
Active
TRAVERS, Stephen Michael→
director · ~63y · appointed 2006-04-28
View their other companies + combined net worth →
Active
MCGOUGAN, Angela→
secretary · appointed 2006-04-28 · resigned 2020-08-14
Resigned
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2006-04-28 · resigned 2006-04-28
Resigned
HARPER, Graeme→
director · ~56y · appointed 2013-07-25 · resigned 2015-02-06
Resigned
MCGOUGAN, Angela→
director · ~60y · appointed 2008-09-01 · resigned 2020-08-14
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2006-04-28 · resigned 2006-04-28
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge—16/12/201919/02/2024
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property26/11/201318/12/2019

Recent filings (102 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-12
change-person-director-company-with-change-date
officers · CH01
2026-04-22
change-person-director-company-with-change-date
officers · CH01
2026-04-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-08
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-24
change-person-director-company-with-change-date
officers · CH01
2024-05-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-15
mortgage-satisfy-charge-full
mortgage · MR04
2024-02-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-27