BASALT DISTILLERY LTD

🏛️Establishedactive
NI672259 · ltd · incorporated 2020-09-02
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 Sept 2024
Net worth
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: SIC 11010
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 72/100 (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 (58/100).

Data confidence

Overall: medium (70/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-30
Average employees300

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 persons-with-significant-control
  • 1 officers
Last 90 days
2
filings
  • 1 persons-with-significant-control
  • 1 officers
Last 180 days
2
filings
  • 1 persons-with-significant-control
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-04-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-04-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-08-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-08-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2025-06-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-10-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2024-02-13
    📄
    capital-allotment-shares
    capital · SH01
  8. 2024-02-13
    📄
    capital-allotment-shares
    capital · SH01
  9. 2023-09-26
    📄
    capital-alter-shares-subdivision
    capital · SH02
  10. 2023-07-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2022-05-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2021-06-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2021-05-27
    📄
    resolution
    resolution · RESOLUTIONS
  14. 2021-05-27
    📄
    memorandum-articles
    incorporation · MA
  15. 2021-05-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2021-05-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2021-04-21
    📄
    resolution
    resolution · RESOLUTIONS
  18. 2020-09-02
    🏢
    Company incorporated
    As BASALT DISTILLERY LTD
  19. 2020-09-02
    GARBE, Martha appointed
    director
  20. 2020-09-02
    RICHARDSON, James Samuel appointed
    director
  21. 2020-09-02
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No 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
NameSharesVoting rightsNature of controlNotified
James Samuel Richardson
Individual · British · DOB 11/1996 · age 30
2550%
25–50%25-50% shares · 25-50% voting02/09/2020
1 historic (ceased) PSC
  • Martha Garbeceased 15/08/2025· 25-50% shares · 25-50% 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

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
Incorporated2020-09-02
Jurisdictionnorthern-ireland
Primary SIC11010 — SIC 11010

Registered office

14-16 Seneril Road
Castlecatt
Bushmills
BT57 8TS
Northern Ireland

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-06-20
Last: 2025-06-06

Officers (2 active · 0 resigned)

GARBE, Martha
director · ~29y · appointed 2020-09-02
View their other companies + combined net worth →
Active
RICHARDSON, James Samuel
director · ~30y · appointed 2020-09-02
View their other companies + combined net worth →
Active

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

Recent filings (23 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-22
change-person-director-company-with-change-date
officers · CH01
2026-04-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-08-15
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-29
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-29
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-15
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-05
capital-allotment-shares
capital · SH01
2024-02-13
capital-allotment-shares
capital · SH01
2024-02-13
capital-alter-shares-subdivision
capital · SH02
2023-09-26
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-07
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-28