EVOLUTION BREWING LTD
💤Zombieactive
11701629 · ltd · incorporated 2018-11-28
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2025
Net worth
—
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: SIC 11010
Sector: Manufacturing
ALSO REGISTERED FOR
- 11050Manufacture of beer
Investor take
PursueActive trading company with a 77-year-old founder — textbook succession opportunity.
Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 77). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 2 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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 7 total, 7 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
45 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
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 | 2025-08-31 | 2024-08-31 |
|---|---|---|
| Average employees | 100 | 100 |
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2026-02-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-03-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-11-27📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-10-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-02-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-12-09📄memorandum-articlesincorporation · MA
- 2023-12-09📄resolutionresolution · RESOLUTIONS
- 2023-02-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-02-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-02-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-02-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-02-07➖ELLIOTT, Samantha Jane resigneddirector
- 2021-11-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-07-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-12-17📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-12-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2018-11-28🏢Company incorporatedAs EVOLUTION BREWING LTD
- 2018-11-28➕TURNER, Kenneth John appointeddirector
- 2018-11-28➕ELLIOTT, Samantha Jane appointeddirector
Owner dependency
90/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder age: Director aged approximately 77 — succession pressure is live.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Kenneth John Turner Individual · British · DOB 07/1949 · age 77 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 03/04/2019 |
6 historic (ceased) PSCs
- Mr Kenneth John Turnerceased 25/11/2019· 25-50% shares · 25-50% voting
- Mr Kevin Paul Buntingceased 13/11/2024· 25-50% shares · 25-50% voting · trust interest
- Pilson Group Limitedceased 03/04/2019· 25-50% shares · 25-50% voting
- Miss Samantha Jane Elliottceased 07/02/2023· 25-50% shares · 25-50% voting · board control
- Mr Gordon Fisherceased 25/11/2019· 25-50% shares · 25-50% voting
- Mr Kenneth John Turnerceased 07/02/2019· 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
Active · Food & drink · NR postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| EDMUNDS COCKTAILS LTD→ 11696943 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| FAT CAT CAKERY LTD→ 12716714 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| FRESHBAKE NORFOLK LIMITED→ 14331516 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| FRUITCAKES LIMITED→ 05281015 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| GB CHOCOLATE MAKERS LIMITED→ 12290619 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| GORLESTON APIARY LTD→ 15189786 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| GREEN JACK BREWING COMPANY LIMITED→ 06512143 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| GRNS WORLDWIDE LTD→ 16944464 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| GUDNEX LTD→ 14252472 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| GYRE & GIMBLE ACADEMY LTD→ 13911206 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| HEAVEN MADE FOODS OF HOLT LIMITED→ 01981463 · est 1986 · no financials extracted | — | — | — | — | 40y | — | — |
| HEILS BAKERY LIMITED→ 04760176 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2018-11-28
Jurisdictionengland-wales
Primary SIC11010 — SIC 11010
Registered office
Sixty Six
North Quay
Great Yarmouth
Norfolk
NR30 1HE
United Kingdom
Filing status
Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-12-11
Last: 2025-11-27
Officers (1 active · 1 resigned)
TURNER, Kenneth John→
Activedirector · ~77y · appointed 2018-11-28
View their other companies + combined net worth →
ELLIOTT, Samantha Jane→
Resigneddirector · ~40y · appointed 2018-11-28 · resigned 2023-02-07
Click a director name to see their full track record across all companies.
Recent filings (45 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-11
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-06
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-11-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-10-01
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-13
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-12-12
memorandum-articles
incorporation · MA
2023-12-09
resolution
resolution · RESOLUTIONS
2023-12-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-02-09
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-02-08