FLATHEAD-IMPERIAL BREW CO LTD

🚨Distressedactive
12393483 · ltd · incorporated 2020-01-09
Investment thesis
Distressed but structurally messy — likely a value trap without major surgery.
Why interesting: Headline may look cheap; sector may be recovering.
Why risky: Critical deal-killers in ownership or security; closing cost and post-deal clean-up likely to dominate.
🔒Estimated value
Upgrade to see
Turnover
year to Jan 2024
Net worth
£-14.9k
book net assets
Opportunity
62/100
Worth a look
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What this business does
Primary activity: Manufacture of beer
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 62/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100).

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
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £14,910
Cash YoY
+184%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£491
↑ 184% YoY
Net Worth
-£15k
~ YoY
Current Assets
£3k
↑ 10% YoY
Current Liabilities
-£15k-£11k-£8k-£4k-£189£3kJan 2023Jan 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-01-312023-01-31
Total assets£-3.8k£-2.4k
Current assets£3.5k£3.2k
Cash£491£173
Net assets£-14.9k£-14.8k

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
2
filings
  • 1 dissolution
  • 1 gazette
Last 90 days
2
filings
  • 1 dissolution
  • 1 gazette
Last 180 days
5
filings
  • 2 persons-with-significant-control
  • 1 dissolution
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-07-14
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  2. 2026-07-07
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2026-02-24
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2026-02-24
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2024-11-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2024-11-08
    PALMER, Dale resigned
    director
  7. 2024-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-09-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2024-09-01
    BRETTELL, Benjamin James appointed
    director
  10. 2023-10-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2022-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-10-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-10-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2020-10-22
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2020-08-01
    SOAR, Thomas resigned
    director
  16. 2020-01-09
    🏢
    Company incorporated
    As FLATHEAD-IMPERIAL BREW CO LTD
  17. 2020-01-09
    PALMER, Dale appointed
    director
  18. 2020-01-09
    SOAR, Thomas appointed
    director
  19. 2020-01-09
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-01-31

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Benjamin James Brettell
Individual · British · DOB 05/1976 · age 50
75100%
75–100%75-100% shares · 75-100% voting08/11/2025
2 historic (ceased) PSCs
  • Mr Dale Palmerceased 08/11/2025· 50-75% shares · 50-75% voting
  • Mr Thomas Soarceased 01/08/2020· 50-75% shares · 50-75% voting

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2020-01-09
Jurisdictionengland-wales
Primary SIC11050 — Manufacture of beer

Registered office

Arcadia Hall
Cliff Street
Mexborough
S64 9HU
United Kingdom

Filing status

Accounts
Next due: 2026-01-31OVERDUE
Last made up to: 2024-01-31
Confirmation statement
Next due: 2027-01-22
Last: 2026-01-08

Officers (1 active · 2 resigned)

BRETTELL, Benjamin James
director · ~50y · appointed 2024-09-01
View their other companies + combined net worth →
Active
PALMER, Dale
director · ~44y · appointed 2020-01-09 · resigned 2024-11-08
Resigned
SOAR, Thomas
director · ~31y · appointed 2020-01-09 · resigned 2020-08-01
Resigned

Click a director name to see their full track record across all companies.

Recent filings (19 total)

dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2026-07-14
gazette-notice-compulsory
gazette · GAZ1
2026-07-07
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-21
termination-director-company-with-name-termination-date
officers · TM01
2024-11-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-31
appoint-person-director-company-with-name-date
officers · AP01
2024-09-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-07