ATLANTIC DISTILLERY LTD
🏛️Establishedactive
10783338 · ltd · incorporated 2017-05-22
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
£-11.4k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: SIC 11010
Sector: Manufacturing
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
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
Confirmed no charges registered
85
Directors & officers
4 officers (3 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
35 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
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £11,448
Net assets shrinking
Down £30,194 YoY
Cash YoY
+11%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£38k
↑ 11% YoY
Net Worth
-£11k
↓ 161% YoY
Current Assets
£208k
↑ 9.7% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £-5.6k | £26.4k |
| Current assets | £208.3k | £189.9k |
| Cash | £37.6k | £33.9k |
| Debtors | £36.3k | £19.3k |
| Net assets | £-11.4k | £18.7k |
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
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2026-02-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-03-09➕THOMSON, Sarah Elizabeth appointeddirector
- 2023-03-09📄capital-allotment-sharescapital · SH01
- 2023-02-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-26📄memorandum-articlesincorporation · MA
- 2022-04-26📄resolutionresolution · RESOLUTIONS
- 2022-04-25📄capital-name-of-class-of-sharescapital · SH08
- 2022-04-25📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2022-01-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-02-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-02-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-05-01📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-05-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-05-01📄capital-allotment-sharescapital · SH01
- 2019-03-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-03-01📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2019-02-22➕CARBIS, David Ernest appointeddirector
- 2019-02-22➕THOMSON, Stuart Drysdale appointeddirector
- 2019-02-22➖RODGERS, Darren Michael resigneddirector
- 2017-05-22🏢Company incorporatedAs ATLANTIC DISTILLERY LTD
- 2017-05-22➕RODGERS, Darren Michael appointeddirector
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder age: Director aged approximately 75 — succession pressure is live.
- +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
- primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
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 David Ernest Carbis Individual · British · DOB 03/1950 · age 76 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/05/2019 |
Mr Stuart Drysdale Thomson Individual · British · DOB 01/1968 · age 58 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 22/02/2019 |
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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|---|---|---|---|---|---|---|---|
| AC ST IVES LIMITED→ 14637960 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| AGNATE LIMITED→ 09270735 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| AK’S CREATIONS LTD→ 16639688 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AN MOR LTD→ 16164630 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ANGEGYN LTD→ 08598246 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| BAITPAX LIMITED→ 15305994 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BAREFOOT NUTRITION LTD→ 10696828 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| BRAYS & K'S LTD→ 16505394 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BRÍD'S CROSS BREWING LTD→ 14410650 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| CAKECITY LTD→ 16611934 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CALLESTICK FARM ICE CREAM LIMITED→ 05924889 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| CARLEYS OF CORNWALL LIMITED→ 03997714 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
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
Incorporated2017-05-22
Jurisdictionengland-wales
Primary SIC11010 — SIC 11010
Registered office
Bryndon House
5/7 Berry Road
Newquay
Cornwall
TR7 1AD
England
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-04
Last: 2025-05-21
Officers (3 active · 1 resigned)
CARBIS, David Ernest→
Activedirector · ~75y · appointed 2019-02-22
View their other companies + combined net worth →
THOMSON, Sarah Elizabeth→
Activedirector · ~60y · appointed 2023-03-09
View their other companies + combined net worth →
THOMSON, Stuart Drysdale→
Activedirector · ~58y · appointed 2019-02-22
View their other companies + combined net worth →
RODGERS, Darren Michael→
Resigneddirector · ~58y · appointed 2017-05-22 · resigned 2019-02-22
Click a director name to see their full track record across all companies.
Recent filings (35 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-16
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-24
appoint-person-director-company-with-name-date
officers · AP01
2023-05-24
capital-allotment-shares
capital · SH01
2023-03-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-27
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-06
memorandum-articles
incorporation · MA
2022-04-26
resolution
resolution · RESOLUTIONS
2022-04-26
capital-name-of-class-of-shares
capital · SH08
2022-04-25
capital-variation-of-rights-attached-to-shares
capital · SH10
2022-04-25
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-23