THE SCOTCH MALT WHISKY SOCIETY LIMITED
🌳Matureactive
SC083022 · ltd · incorporated 1983-05-06
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Why now
Window opening · medium confidence
More negotiable than before — 2 signals weakening over the last 30 days.
- · Opportunity score: 80 → 72
- · Hygiene score: 90 → 85
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
What changed my view
Last 30 days
Picture worsened over the last 30 days — 2 negative signals vs 0 positive.
- ↓Opportunity score: 80 → 72
- ↓Hygiene score: 90 → 85
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: SIC 11010
Sector: Manufacturing
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 72/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 8 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (50/100).
🏦
Refinance opportunity
15 live charges · 8 lenders · oldest 35.0y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 35.0 years old — likely at or near maturity.
- · 8 lenders named — inter-creditor friction likely.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: medium (58/100)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
No iXBRL financials extracted
0
Lenders & charges
15 charges (15/15 with lender, 15/15 with type)
90
Directors & officers
42 officers (3 active, 42 linked, 30 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
260 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
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
2
filings
- • 1 confirmation-statement
- • 1 officers
Last 90 days
2
filings
- • 1 confirmation-statement
- • 1 officers
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (121 events)Click to expand
- 2026-06-24➖IVALO, Kai resigneddirector
- 2026-06-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-29📄accounts-with-accounts-type-fullaccounts · AA
- 2025-09-26📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-09-26📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-09-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-09-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-09-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-09-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-09-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-09-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-09-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-09-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-09-23🔓Charge satisfied #13
- 2025-09-23🔓Charge satisfied #12
- 2025-09-23🔓Charge satisfied #11
- 2025-09-23🔓Charge satisfied #10
- 2025-09-23🔓Charge satisfied #9
- 2025-09-23🔓Charge satisfied #8
- 2025-09-23🔓Charge satisfied #7
- 2025-09-22🔒Charge registered #15Lender: Santander UK PLC (As Security Trustee)
- 2024-10-03📄accounts-with-accounts-type-fullaccounts · AA
- 2024-03-11📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2024-02-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-02-24📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2024-02-24📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2024-02-08🔒Charge registered #14Lender: Ferovinum LTD
- 2023-10-05📄accounts-with-accounts-type-fullaccounts · AA
- 2023-08-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-07-28➖DAMEN, Jan Willem resigneddirector
- 2023-05-17➕MCCARTER, William appointeddirector
- 2023-05-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-01-24➖RIDLEY, David John resigneddirector
- 2023-01-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-06-23➖SKIPWORTH, Paul Henry resigneddirector
- 2021-09-06➕AITKEN, Douglas Henderson appointedsecretary
- 2021-09-06➖BREMNER, William Alexander resignedsecretary
- 2021-06-25➖AITKEN, Neil Peter James resigneddirector
- 2021-01-19🔒Charge registered #13Lender: The Royal Bank of Scotland PLC
- 2020-09-17➕DANE, Andrew William appointeddirector
- 2020-09-17➖BREMNER, William Alexander resigneddirector
- 2019-12-20🔒Charge registered #12Lender: The Royal Bank of Scotland PLC
- 2019-12-20🔒Charge registered #11Lender: The Royal Bank of Scotland PLC
- 2019-12-17🔒Charge registered #10Lender: The Royal Bank of Scotland PLC
- 2017-11-17🔒Charge registered #9Lender: Royal Bank of Scotland PLC
- 2017-04-06➕RIDLEY, David John appointeddirector
- 2016-05-31➕AITKEN, Neil Peter James appointeddirector
- 2016-05-13➖MILES, Paul Julian resigneddirector
- 2016-05-13🔒Charge registered #8Lender: Rbs Invoice Finance Limited
- 2016-05-04🔓Charge satisfied #6
Showing most recent 50 of 121 events
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 43 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
The Artisanal Spirits Company Plc is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
The Artisanal Spirits Company Plc
Corporate parent · holds 75-100% shares
⬇
THE SCOTCH MALT WHISKY SOCIETY LIMITED
This company · SC083022
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
The Artisanal Spirits Company Plc Corporate entity | 75–100% | — | 75-100% shares | 01/07/2016 |
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 · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BRODIE MELROSE DRYSDALE & CO. LIMITED→ SC201590 · est 1999 | £1.45M £1.07M–£1.84M | £8.61M | — | 3300 | 26y | 84 | 63y |
| HAMLYNS OF SCOTLAND LIMITED→ SC176949 · est 1997 | £99.9k £73.6k–£126.2k | £27.47M | — | 5400 | 28y | 86 | 80y |
| SALTIRE PATISSERIE LTD.→ SC295828 · est 2006 | — | — | — | 15 | 20y | 83 | 63y |
| SCOT CHIP LIMITED→ SC258060 · est 2003 | — | — | £1.38M | — | 22y | 83 | 61y |
| THE PREMIUM BAKERY LIMITED→ SC316253 · est 2007 | — | — | £420.7k | — | 19y | 83 | 69y |
| CAWOODS (FISHCURERS) LIMITED→ SC034153 · est 1959 · no financials extracted | — | — | — | — | 66y | 82 | 60y |
| S LUCA OF MUSSELBURGH LIMITED→ SC296882 · est 2006 | — | — | £1.65M | — | 20y | 82 | 69y |
| YESTER FARM DAIRIES LIMITED→ SC396162 · est 2011 | — | — | — | 1400 | 15y | 82 | 73y |
| ARTISAN ROAST LIMITED→ SC327756 · est 2007 | — | — | — | 3600 | 18y | 81 | 62y |
| GRAMPIAN OAT PRODUCTS LIMITED→ SC176950 · est 1997 | — | — | — | 0 | 29y | 81 | 80y |
| MOROCCO GOLD LIMITED→ SC370625 · est 2009 | — | — | £249.9k | — | 16y | 81 | 72y |
| TRAQUAIR HOUSE BREWERY LIMITED→ SC172147 · est 1997 | — | — | — | 300 | 29y | 81 | 62y |
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
Incorporated1983-05-06
Jurisdictionscotland
Primary SIC11010 — SIC 11010
Registered office
The Vaults
87 Giles Street
Leith
Edinburgh
EH6 6BZ
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-07-08
Last: 2026-06-24
Officers (3 active · 39 resigned)
AITKEN, Douglas Henderson→
Activesecretary · appointed 2021-09-06
View their other companies + combined net worth →
DANE, Andrew William→
Activedirector · ~43y · appointed 2020-09-17
View their other companies + combined net worth →
MCCARTER, William→
Activedirector · ~42y · appointed 2023-05-17
View their other companies + combined net worth →
BREMNER, William Alexander→
Resignedsecretary · appointed 2015-04-20 · resigned 2021-09-06
CULLEN, Peter Beszant→
Resignedsecretary · appointed 2001-01-23 · resigned 2001-07-01
FLEMING, Martha Jayne→
Resignedsecretary · appointed 2005-06-01 · resigned 2015-03-27
HILLS, Phillip Francis Logan→
Resignedsecretary · resigned 1989-10-07
MACDONALD, Alison Erica→
Resignedsecretary · appointed 2004-06-25 · resigned 2005-05-31
MCKAY, Douglas Charles→
Resignedsecretary · appointed 1993-01-22 · resigned 1996-05-28
SAYWOOD, Joan Carol→
Resignedsecretary · appointed 2001-07-01 · resigned 2004-06-24
SAYWOOD, Joan Carol→
Resignedsecretary · appointed 1996-05-28 · resigned 2001-01-23
BIGGART BAILLIE & GIFFORD WS→
Resignedcorporate-nominee-secretary · resigned 1992-12-03
AITKEN, Neil Peter James→
Resigneddirector · ~55y · appointed 2016-05-31 · resigned 2021-06-25
BREMNER, William Alexander→
Resigneddirector · ~53y · appointed 2015-09-01 · resigned 2020-09-17
CULLEN, Peter Beszant→
Resigneddirector · ~89y · appointed 1998-01-21 · resigned 2007-09-30
DAMEN, Jan Willem→
Resigneddirector · ~55y · appointed 2015-09-01 · resigned 2023-07-28
DANA, Anne→
Resigneddirector · ~84y · appointed 1995-03-26 · resigned 1997-07-27
DANA, Anne→
Resigneddirector · ~84y · resigned 1990-05-11
DARKE, Adrian→
Resigneddirector · ~80y · resigned 1995-03-26
FLEMING, Martha Jayne→
Resigneddirector · ~59y · appointed 2009-08-14 · resigned 2015-03-27
Click a director name to see their full track record across all companies.
Mortgages & charges
15
Total charges
2
Outstanding
2
Active lenders
Status:Lender:15 of 15 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Santander Santander UK PLC (As Security Trustee) | A registered charge | — | 22/09/2025 | — | |
| outstanding | Ferovinum Ferovinum LTD | A registered charge | — | 08/02/2024 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 19/01/2021 | 23/09/2025 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 20/12/2019 | 23/09/2025 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 20/12/2019 | 23/09/2025 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 17/12/2019 | 23/09/2025 | |
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | A registered charge | 1 property | 17/11/2017 | 23/09/2025 | |
| satisfied | NatWest Group Rbs Invoice Finance Limited | A registered charge | — | 13/05/2016 | 23/09/2025 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 22/04/2016 | 23/09/2025 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 11/08/2015 | 04/05/2016 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 24/07/2015 | 03/05/2016 | |
| satisfied | The Scottish Ministers | Standard security | 2 properties | 17/03/2009 | 22/08/2015 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 22/02/1994 | 18/09/2004 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 06/05/1993 | 18/09/2004 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 18/07/1991 | 25/05/1993 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (260 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-06-24
termination-director-company-with-name-termination-date
officers · TM01
2026-06-24
accounts-with-accounts-type-full
accounts · AA
2025-09-29
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-09-26
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-09-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-24
mortgage-satisfy-charge-full
mortgage · MR04
2025-09-23
mortgage-satisfy-charge-full
mortgage · MR04
2025-09-23
mortgage-satisfy-charge-full
mortgage · MR04
2025-09-23
mortgage-satisfy-charge-full
mortgage · MR04
2025-09-23
mortgage-satisfy-charge-full
mortgage · MR04
2025-09-23
mortgage-satisfy-charge-full
mortgage · MR04
2025-09-23
mortgage-satisfy-charge-full
mortgage · MR04
2025-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-24
accounts-with-accounts-type-full
accounts · AA
2024-10-03