LUSCOMBE DRINKS LIMITED
🌳Matureactive
02200398 · ltd · incorporated 1987-11-30
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.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
83/100
Exceptional
What this business does
Primary activity: SIC 11070
Sector: Manufacturing
Investor take
PursueActive trading company with a 62-year-old founder — textbook succession opportunity.
Opportunity 83/100 (exceptional), bankability 67/100. Strong seller-intent signal (60/100, director aged 62). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
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Refinance opportunity
3 live charges · 3 lenders · oldest 9.1y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 9.1 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: high (80/100)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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
18 officers (5 active, 18 linked, 13 with DOB)
84
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
165 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.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Average employees | 3000 | 3400 |
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
0
filings
Last 90 days
1
filing
- • 1 officers
Last 180 days
1
filing
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (54 events)Click to expand
- 2026-05-18➖MCKINNEY, James Patrick resigneddirector
- 2026-05-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-20📄capital-name-of-class-of-sharescapital · SH08
- 2025-10-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-03-10📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2025-03-10📄capital-allotment-sharescapital · SH01
- 2025-03-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-05📄resolutionresolution · RESOLUTIONS
- 2025-03-05📄resolutionresolution · RESOLUTIONS
- 2025-03-05📄memorandum-articlesincorporation · MA
- 2025-03-03📄capital-name-of-class-of-sharescapital · SH08
- 2025-01-09📄capital-allotment-sharescapital · SH01
- 2024-12-16📄capital-allotment-sharescapital · SH01
- 2024-09-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-30📄resolutionresolution · RESOLUTIONS
- 2024-07-30📄capital-name-of-class-of-sharescapital · SH08
- 2024-07-10📄capital-allotment-sharescapital · SH01
- 2024-04-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-04-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-10-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-10-18➕COOPER, Scott Anthony appointeddirector
- 2023-10-18➕FLOWERDEW, Lewis Glyn appointeddirector
- 2023-10-18➕MCKINNEY, James Patrick appointeddirector
- 2023-10-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-06-01➕DAVID, Gabriel appointedsecretary
- 2022-12-31➖SPREADBURY, James Mark resignedsecretary
- 2022-12-31➖KERR, Alison resigneddirector
- 2022-12-31➖SPREADBURY, James resigneddirector
- 2021-08-05➕KERR, Alison appointeddirector
- 2020-08-03🔓Charge satisfied #3
- 2019-05-21🔓Charge satisfied #1
- 2019-04-25🔒Charge registered #3Lender: Rbs Invoice Finance LTD
- 2019-04-10🔒Charge registered #2Lender: National Westminster Bank PLC
- 2018-07-24➖DAVID, Julian Markham resigneddirector
- 2018-05-27➖DEWING, Edward Timothy resigneddirector
- 2017-09-01➕SPREADBURY, James appointeddirector
- 2017-05-31🔒Charge registered #1Lender: Lloyds Bank Commercial Finance LTD
- 2016-07-01➖HOWARD, Nigel David resigneddirector
- 2016-05-12➖COLLINS, Adrian resigneddirector
- 2016-04-21➖CLOUGH, Andrew Martin resignedsecretary
- 2016-04-21➕SPREADBURY, James Mark appointedsecretary
- 2015-10-30➕CLOUGH, Andrew Martin appointedsecretary
- 2015-10-30➖DAVID, Gabriel Luscombe resignedsecretary
- 2015-10-30➕COLLINS, Adrian appointeddirector
- 2015-10-30➕DEWING, Edward Timothy appointeddirector
- 2015-10-30➕HOWARD, Nigel David appointeddirector
- 2012-09-01➕DAVID, Venetia appointeddirector
- 2006-12-29➖DAVID, Susan Jane resigneddirector
- 1999-10-01➕DAVID, Susan Jane appointeddirector
- 1997-08-31➕DAVID, Gabriel Luscombe appointeddirector
Showing most recent 50 of 54 events
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Gabriel Luscombe David Individual · British · DOB 07/1965 · age 61 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
Mrs Venetia David Individual · British · DOB 05/1973 · age 53 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
2 historic (ceased) PSCs
- Mr Edward Timothy Dewingceased 27/05/2018· significant influence
- Mr Julian Markham Davidceased 19/12/2017· 25-50% shares · 25-50% voting · board control
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
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|---|---|---|---|---|---|---|---|
| BRIXHAM MAID LTD→ 10536903 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| COMPLETELY CURED LTD→ 12140256 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| GRAINOFTRUTHDEVON LTD→ 12116568 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| H. C. DAYMENT & SON SERVICES LIMITED→ 06518413 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| HAPPY BUTTER LTD→ 15000433 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| HENLEY BREWING AND DISTILLING COMPANY LIMITED→ 11896961 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| HONEYCACAO LTD→ 11369426 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| HYLSTEN BAKERY LTD→ 12591914 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| J & J BREWING COMPANY LIMITED→ 12990698 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| LEGACY CRAFT DISTILLERS LIMITED→ 16156502 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| MONTREAL STYLE BAGELS LTD→ 13867391 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| MOONHONEY MEADERY LTD→ 12461302 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
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
Incorporated1987-11-30
Jurisdictionengland-wales
Primary SIC11070 — SIC 11070
Registered office
Luscombe Drinks Limited Dean Court
Lower Dean
Buckfastleigh
TQ11 0LT
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-05
Last: 2025-10-22
Officers (5 active · 13 resigned)
Active
COOPER, Scott Anthony→
Activedirector · ~56y · appointed 2023-10-18
View their other companies + combined net worth →
DAVID, Gabriel Luscombe→
Activedirector · ~61y · appointed 1997-08-31
View their other companies + combined net worth →
DAVID, Venetia→
Activedirector · ~53y · appointed 2012-09-01
View their other companies + combined net worth →
FLOWERDEW, Lewis Glyn→
Activedirector · ~62y · appointed 2023-10-18
View their other companies + combined net worth →
BRADLEY, Stephen Edward Mitchell→
Resignedsecretary · resigned 1997-08-30
CLOUGH, Andrew Martin→
Resignedsecretary · appointed 2015-10-30 · resigned 2016-04-21
DAVID, Gabriel Luscombe→
Resignedsecretary · appointed 1997-08-31 · resigned 2015-10-30
SPREADBURY, James Mark→
Resignedsecretary · appointed 2016-04-21 · resigned 2022-12-31
BRADLEY, Stephen Edward Mitchell→
Resigneddirector · ~86y · resigned 1997-08-30
COLLINS, Adrian→
Resigneddirector · ~55y · appointed 2015-10-30 · resigned 2016-05-12
DAVID, Julian Markham→
Resigneddirector · ~93y · resigned 2018-07-24
DAVID, Susan Jane→
Resigneddirector · ~61y · appointed 1999-10-01 · resigned 2006-12-29
DEWING, Edward Timothy→
Resigneddirector · ~63y · appointed 2015-10-30 · resigned 2018-05-27
HOWARD, Nigel David→
Resigneddirector · ~69y · appointed 2015-10-30 · resigned 2016-07-01
KERR, Alison→
Resigneddirector · ~60y · appointed 2021-08-05 · resigned 2022-12-31
MCKINNEY, James Patrick→
Resigneddirector · ~64y · appointed 2023-10-18 · resigned 2026-05-18
SPREADBURY, James→
Resigneddirector · ~42y · appointed 2017-09-01 · resigned 2022-12-31
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | NatWest Group Rbs Invoice Finance LTD | A registered charge | — | 25/04/2019 | 03/08/2020 | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 10/04/2019 | — | |
| satisfied | Lloyds Banking Group Lloyds Bank Commercial Finance LTD | A registered charge | — | 31/05/2017 | 21/05/2019 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (165 total)
termination-director-company-with-name-termination-date
officers · TM01
2026-05-18
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-22
capital-name-of-class-of-shares
capital · SH08
2025-10-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-16
capital-variation-of-rights-attached-to-shares
capital · SH10
2025-03-10
capital-allotment-shares
capital · SH01
2025-03-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-07
resolution
resolution · RESOLUTIONS
2025-03-05
resolution
resolution · RESOLUTIONS
2025-03-05
memorandum-articles
incorporation · MA
2025-03-05
capital-name-of-class-of-shares
capital · SH08
2025-03-03
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-10
capital-allotment-shares
capital · SH01
2025-01-09
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-01
capital-allotment-shares
capital · SH01
2024-12-16