SMARTER CAPITAL LTD Corporate Structure Chart & PSCs
SMARTER CAPITAL LTD (company number [14624937](/company/14624937)) is an active UK holding company with a downstream corporate network comprising 12 direct subsidiaries and 6 second-tier entities. Upstream ownership at the parent level is defined by active statutory PSC statements registered in December 2023, following the cessation of historical corporate shareholders.
For legal counsel, institutional lenders, and M&A practitioners, mapping corporate groups requires traversing ownership links in both directions. Standard public register queries only resolve ownership upward. Establishing the true reach of a group demands reverse indexing across the central corporate register.
What a standard Companies House search reveals
When conducting due diligence on the Companies House service, entering a company number returns solely that company's immediate legal record. The register displays its registered office, filing history, active charges, current directors, and the register of Persons with Significant Control (PSC) under Part 21A of the Companies Act 2006.
Companies House only points upwards. It shows who exercises control over the company being searched, not the investments, subsidiaries, or downstream entities that the company itself controls. Searching SMARTER CAPITAL LTD directly on the public registry will not display its network of trading subsidiaries.
Upstream PSC register status
As of October 2026, the public register for SMARTER CAPITAL LTD shows active statutory PSC statements filed on 1 December 2023. These statements confirm that the company has no individual or registrable corporate entity currently recorded as meeting the standard PSC thresholds (such as holding more than 25% of shares or voting rights).
Historical PSC filings record five prior corporate shareholdings that ceased earlier in 2023:
- Be Smarter Group Ltd (company number 10141286): Held 75% to 100% of shares and voting rights, notified 30 January 2023, ceased 20 June 2023.
- Smarter Technology Ltd (company number 14765651): Held 25% to 50% of shares and voting rights, notified 20 June 2023, ceased 1 December 2023.
- Be Smarter Group (company number 10141286): Held 25% to 50% of shares and voting rights, notified 20 June 2023, ceased 1 December 2023.
- Callycap Ltd (company number 14763469): Held 25% to 50% of shares and voting rights, notified 20 June 2023, ceased 1 December 2023.
- Kildas Capital Ltd (company number 15173212): Held 25% to 50% of shares, voting rights, and appointment rights, notified 28 September 2023, ceased 1 December 2023.
Following those cessations on 1 December 2023, two statutory PSC statements remain active on the register, reflecting that no single registerable entity holds a qualifying upstream ownership interest under statutory notification thresholds.
Registered officers
The board of SMARTER CAPITAL LTD comprises five active individual directors:
- Mr Karl Leon Paul: British, resident in England, born October 1981, appointed 30 January 2023.
- Mr Mark Edward Callaghan: British, resident in England, born November 1970, appointed 20 June 2023.
- Mr Martin Robert Hargreaves: British, resident in England, born June 1978, appointed 20 June 2023.
- Mr Peter John Howarth: British, resident in England, born September 1976, appointed 20 June 2023.
- Mr Ashmeet Singh Kandhari: British, resident in England, born September 1981, appointed 22 March 2024.
None of the active directors are recorded as corporate officers. While officer lists show board-level governance, identifying the downstream group requires a reverse PSC search.
What the reverse PSC search reveals: The downstream group
To discover downstream subsidiaries, analysts cannot rely on standard search interfaces. Corp Intel indexes the entire UK Register of Companies, tracking every instance where a business entity is declared as a corporate PSC of another company.
By running a reverse PSC search on SMARTER CAPITAL LTD, the full downstream corporate org chart is reconstructed across multiple tiers. The query identifies 12 direct subsidiaries where SMARTER CAPITAL LTD is listed as the controlling parent or substantial shareholder.
| Company Name | Number | Status | Control Band | Own Subsidiaries |
| :--- | :--- | :--- | :--- | :--- |
| SMARTER 2 LTD | 14556465 | Active | 75-100% shares | 0 |
| SMARTER 8 LTD | 15078560 | Active | 75-100% shares | 1 |
| SMARTER MEDIA GROUP LTD | 15351201 | Active | 75-100% shares | 4 |
| SMARTER 6 LTD | 15019536 | Active | 75-100% shares | 1 |
| SMARTER EXPORT LTD | 14724553 | Active - proposal to strike off | 75-100% shares | 0 |
| SMARTER ECOMMERCE LTD | 15560619 | Active | 75-100% shares | 3 |
| SMARTER 9 LTD | 15807538 | Active | 75-100% shares | 0 |
| SMARTER 10 LTD | 15810554 | Active | 75-100% shares | 2 |
| SMARTER 11 LTD | 16309776 | Active | 75-100% shares | 0 |
| SMARTER 12 LTD | 16559613 | Active | 75-100% shares | 2 |
| ELS VENTURES LIMITED | 14513809 | Active | 25-50% shares | 0 |
| SMARTER HEALTH & WELLBEING LTD | 17046217 | Active | 75-100% shares | 0 |
Second-tier subsidiary groups
Of these 12 direct holdings, 6 entities serve as intermediate holding vehicles with their own subsidiaries (accounting for 13 downstream relationships across the broader group):
1. SMARTER MEDIA GROUP LTD (15351201): Holds 4 downstream subsidiaries.
2. SMARTER ECOMMERCE LTD (15560619): Holds 3 downstream subsidiaries.
3. SMARTER 10 LTD (15810554): Holds 2 downstream subsidiaries.
4. SMARTER 12 LTD (16559613): Holds 2 downstream subsidiaries.
5. SMARTER 8 LTD (15078560): Holds 1 downstream subsidiary.
6. SMARTER 6 LTD (15019536): Holds 1 downstream subsidiary.
In 11 of the 12 direct subsidiaries, SMARTER CAPITAL LTD controls between 75% and 100% of the voting shares, giving it absolute statutory control over shareholder resolutions. In the case of ELS VENTURES LIMITED, the parent company holds an associate or minority interest in the 25% to 50% band.
One entity, SMARTER EXPORT LTD, is subject to an active proposal for strike-off under section 1000 of the Companies Act 2006. Any corporate investigator tracking group commitments must observe such changes in legal standing closely.
Practical corporate structure due diligence framework
When evaluating a multi-tiered corporate structure, institutional professionals rely on an established due diligence sequence to prevent legal exposure.
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| 1. Trace Top-Level Ultimate Beneficial Ownership (UBO) |
| Review upstream PSC statements and officer records. |
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| 2. Run Downstream Reverse PSC Mapping |
| Identify direct operating companies and joint ventures. |
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| 3. Expand Intermediate Holding Companies |
| Map Tier-2 and Tier-3 subsidiaries (e.g. Media/Ecommerce)|
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| 4. Cross-Reference Asset Register & Legal Risks |
| Check statutory notices, Gazette filings, active charges.|
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1. Map the Parent Entity: Identify all active directors and verify filed PSC statements. Check whether natural persons or corporate vehicles exert direct or indirect control.
2. Uncover Subsidiary Tiers: Perform a parent company lookup using reverse PSC databases. Annual accounts may be delayed by up to 9 months, and small group balance sheets often take advantage of disclosure exemptions under s.399 of the Companies Act 2006, omitting non-wholly owned or dormant entities.
3. Evaluate Corporate Status Across the Group: Track the regulatory standing of every trading branch. Identify entities facing dissolution or strike-off in The Gazette.
4. Inspect Assets and Fixed Liabilities: Run a dedicated company charge check on key trading vehicles. Review debentures, fixed charges over intellectual property or property assets, and group floating charges.
5. Establish Continuous Monitoring: Implement a system for free company monitoring to receive real-time alerts if intermediate holding companies alter share structures, replace officers, or receive statutory demands.
Scenario: Why downstream transparency matters in commercial lending
Consider a commercial debt advisory firm assessing SMARTER CAPITAL LTD for a corporate borrowing facility. The borrower presents SMARTER CAPITAL LTD as the credit applicant.
A standard search on the parent entity reveals five directors and no active individual PSCs. There are no downstream records on its primary public company page. Without mapping the downstream subsidiaries, credit risk analysts cannot see where the group's underlying operations actually reside.
By executing a reverse PSC check, the transaction team discovers that SMARTER CAPITAL LTD controls intermediate entities such as SMARTER MEDIA GROUP LTD (which holds 4 subsidiaries) and SMARTER ECOMMERCE LTD (which holds 3 subsidiaries). Crucially, the check also identifies that SMARTER EXPORT LTD is subject to an active proposal to strike off.
If the lender drafted an uncollateralised loan agreement relying strictly on parent company representations, they would miss the structural subordination risks. Operating assets, staff, and revenue contracts often sit two tiers down inside operating subsidiaries. A comprehensive group structure chart allows counsel to draft appropriate parent guarantees and cross-collateral debentures across the correct trading tiers.
How professionals traditionally map groups vs Corp Intel
Corporate analysts traditionally piece group architectures together manually. This process requires reading micro-entity or full accounts from prior financial years, extracting company names from investment notes, and manually querying each company one by one at Companies House. If intermediate holding companies have formed newly incorporated subsidiaries during the current accounting period, traditional manual reviews miss them entirely.
Corp Intel continuously captures statutory PSC notifications across all registered entities. By reversing the register, Corp Intel immediately links SMARTER CAPITAL LTD to every trading company or special purpose vehicle that names it as a controller, providing an up-to-date group mapping that is independent of delayed accounting filings.
Order a complete corporate structure chart
You can acquire the complete corporate org chart for this group as a clean visual document. Corp Intel provides a structured Corporate Org Chart PDF at £25, downloadable directly from /corporate-org-chart. The report incorporates data directly from the Register of Companies and the central PSC register, laying out every parent, intermediate holding company, and subsidiary with exact dates and share ownership percentages.
For corporate lawyers, lenders and M&A advisers
Legal practitioners conducting corporate due diligence, institutional credit controllers approving facilities, and M&A teams validating ownership trees cannot afford omissions in subsidiary registers. Missing a second-tier company undergoing involuntary strike-off or failing to identify intermediate parent entities can compromise warranties, invalidate security debentures, and breach Anti-Money Laundering requirements under the Money Laundering Regulations 2017. Order your comprehensive visual group tree directly at /corporate-org-chart to verify your structure with confidence.
Frequently asked questions
Can you see a company's subsidiaries on Companies House?
No. Companies House only records upward control. A company's PSC register lists who controls it, but the register has no feature or filter that displays the businesses owned by that company. Finding subsidiaries requires a reverse PSC search across all UK registered corporate entities.
What does an active PSC statement mean for SMARTER CAPITAL LTD?
An active PSC statement indicates that the company has notified the registrar that it has no registrable person or registrable legal entity with significant control, or that the company is taking steps to identify its PSCs. Historical corporate PSCs (including Be Smarter Group Ltd and Kildas Capital Ltd) ceased their formal register notifications in 2023.
How does a reverse PSC search identify group structures?
A reverse PSC search scans the entire UK corporate registry for companies that name a specific company number as their corporate person with significant control. This builds an immediate, ground-up view of downstream corporate ownership across multiple tiers.
Why might filed annual accounts omit current subsidiaries?
Filed group accounts are historical documents, often published several months after the accounting reference date. Groups qualifying as small or micro under the Companies Act 2006 are frequently exempt from filing consolidated accounts, meaning newly incorporated or dormant subsidiaries may not appear on public accounting records for over a year.
What risk does a subsidiary with a 'proposal to strike off' introduce?
When a subsidiary shows an active proposal to strike off, it faces potential dissolution under section 1000 or section 1003 of the Companies Act 2006. If dissolved, its assets pass to the Crown as bona vacantia, contracts terminate, and any unmonitored intellectual property or cash balances can be frozen, posing risks to the parent company.