RIVERSIDE SPIRITS LTD
🌳Matureactive
07830633 · ltd · incorporated 2011-11-01
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 Jul 2025
Net worth
£145.9k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: SIC 11010
Sector: Manufacturing
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 75/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -97% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 9.9y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 9.9 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: medium (78/100)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
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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
43 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £145,869
Net assets shrinking
Down £52,534 YoY
Cash draining
Cash down 97% YoY
Cash YoY
-97%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£1k
↓ 97% YoY
Net Worth
£146k
↓ 26% YoY
Current Assets
£212k
↓ 26% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £240.8k | £308.1k |
| Current assets | £211.7k | £285.7k |
| Cash | £1.3k | £39.0k |
| Debtors | £31.5k | £25.4k |
| Net assets | £145.9k | £198.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal 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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2025-10-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-06-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-06-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-06-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-06-21🔓Charge satisfied #2
- 2024-06-21🔓Charge satisfied #1
- 2024-04-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-29📄change-to-a-person-with-significant-control-without-name-datepersons-with-significant-control · PSC04
- 2021-11-29📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2021-11-29📄change-person-director-company-with-change-dateofficers · CH01
- 2021-03-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-09-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-16📄change-person-director-company-with-change-dateofficers · CH01
- 2018-08-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-08-29🔒Charge registered #2Lender: Rbs Invoice Finance LTD
- 2016-09-01🔒Charge registered #1Lender: National Westminster Bank PLC
- 2011-11-01🏢Company incorporatedAs RIVERSIDE SPIRITS LTD
- 2011-11-01➕MUNRO, Charlotte appointeddirector
- 2011-11-01➕MUNRO, Hugh appointeddirector
Owner dependency
71/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
49/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 15 years.
- 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 Hugh Munro Individual · British · DOB 07/1969 · age 57 | 25–50% | — | 25-50% shares | 06/04/2016 |
Ms Charlotte Munro Individual · British · DOB 12/1988 · age 38 | 25–50% | — | 25-50% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| ROSIE’S CAKERY LIMITED→ 12616376 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| S IQBAL SERVICES LTD→ 17005125 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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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
Incorporated2011-11-01
Jurisdictionengland-wales
Primary SIC11010 — SIC 11010
Registered office
29 Arkwright Road
Astmoor Industrial Estate
Runcorn
WA7 1NU
England
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-11-15
Last: 2025-11-01
Officers (2 active · 0 resigned)
MUNRO, Charlotte→
Activedirector · ~38y · appointed 2011-11-01
View their other companies + combined net worth →
Active
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | NatWest Group Rbs Invoice Finance LTD | A registered charge | — | 29/08/2018 | 21/06/2024 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | A registered charge | — | 01/09/2016 | 21/06/2024 |
Recent filings (43 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-08
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-08-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-06-24
mortgage-satisfy-charge-full
mortgage · MR04
2024-06-21
mortgage-satisfy-charge-full
mortgage · MR04
2024-06-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-01
change-to-a-person-with-significant-control-without-name-date
persons-with-significant-control · PSC04
2021-11-29
change-account-reference-date-company-previous-extended
accounts · AA01
2021-11-29