DURHAM SPIRITS LTD
🌿Early-stageactive
15077128 · ltd · incorporated 2023-08-16
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2025
Net worth
£29.7k
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: SIC 46342
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.
Opportunity 70/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).
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
0 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £29,700
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£30k
↑ 621% YoY
Current Assets
£1k
↓ 91% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-08-31 | 2024-08-31 |
|---|---|---|
| Total assets | £29.7k | £4.1k |
| Current assets | £1.0k | £11.2k |
| Net assets | £29.7k | £4.1k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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 (22 events)Click to expand
- 2026-05-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-11-12📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-11-04📄gazette-notice-compulsorygazette · GAZ1
- 2025-06-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-01-28📄change-person-director-company-with-change-dateofficers · CH01
- 2024-12-19📄change-person-director-company-with-change-dateofficers · CH01
- 2024-12-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-10-01➕CHADWICK, Sachin appointeddirector
- 2024-10-01➖CHADWICK, Claire resigneddirector
- 2024-10-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-10-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-01-17📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-11-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-11-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-11-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-11-09➖CHADWICK, Jonathan David resigneddirector
- 2023-11-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-10-09➕CHADWICK, Claire appointeddirector
- 2023-08-16🏢Company incorporatedAs DURHAM SPIRITS LTD
- 2023-08-16➕CHADWICK, Jonathan David appointeddirector
- 2023-08-16📄incorporation-companyincorporation · NEWINC
Owner dependency
80/100
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.
- +Young company: Only 2.9 years old — management layer unlikely to be developed.
Succession & seller-readiness
45/100
Moderate signalSome 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Similar companies
Active · Wholesale & distribution · DH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| DIESELWONDERS LTD→ 16795630 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DMUSE LTD→ 14344957 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| DOC BLACK LTD→ 06352377 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| DURHAM FUEL CENTRE LTD.→ 15006516 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| EAE GROUP UK LTD→ 16183034 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| EMERGE (NE) LIMITED→ 07222579 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| EMMAJAYNEPUBLICHOUSE LTD→ 15466364 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ESSENTIAL TRADE SUPPLIES LTD→ 16211701 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ETIKA CLOTHING LTD→ 11857127 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| EUKAY INTEGRATED SERVICES LTD→ 16673413 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| EXPORTWISE LTD→ 15742115 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| FAMILIA VENTURES LTD→ 16981291 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2023-08-16
Jurisdictionengland-wales
Primary SIC46342 — SIC 46342
Registered office
34 Finchale Road
Durham
DH1 5JH
England
Filing status
Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-08-29
Last: 2025-08-15
Officers (1 active · 2 resigned)
CHADWICK, Sachin→
Activedirector · ~21y · appointed 2024-10-01
View their other companies + combined net worth →
CHADWICK, Claire→
Resigneddirector · ~52y · appointed 2023-10-09 · resigned 2024-10-01
CHADWICK, Jonathan David→
Resigneddirector · ~58y · appointed 2023-08-16 · resigned 2023-11-09
Click a director name to see their full track record across all companies.
Recent filings (18 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-05-05
gazette-filings-brought-up-to-date
gazette · DISS40
2025-11-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-11
gazette-notice-compulsory
gazette · GAZ1
2025-11-04
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-19
change-person-director-company-with-change-date
officers · CH01
2025-01-28
change-person-director-company-with-change-date
officers · CH01
2024-12-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-19
appoint-person-director-company-with-name-date
officers · AP01
2024-10-01
termination-director-company-with-name-termination-date
officers · TM01
2024-10-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-01-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-11-23
termination-director-company-with-name-termination-date
officers · TM01
2023-11-10