ISLE OF ARRAN DISTILLERS LIMITED
📉Decliningactive
SC134963 · ltd · incorporated 1991-11-11
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.
Opportunity decay
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
- · Lifecycle stage drifting downward
- · Currently "declining"
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Manufacture of malt
Sector: Manufacturing
Investor take
PursueLeverage-led grower with a 93-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 57/100. Strong seller-intent signal (63/100, director aged 93). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (77/100).
🏦
Refinance opportunity
15 live charges · 4 lenders · oldest 30.5y
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 30.5 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
15 charges (15/15 with lender, 15/15 with type)
90
Directors & officers
25 officers (5 active, 25 linked, 16 with DOB)
83
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
263 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £2,649,028
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 | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Profit before tax | £2.65M | £4.85M |
| Average employees | 9300 | 8900 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
1
filing
- • 1 confirmation-statement
Last 180 days
3
filings
- • 2 officers
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (92 events)Click to expand
- 2026-01-30📄change-person-director-company-with-change-dateofficers · CH01
- 2025-12-22📄change-person-director-company-with-change-dateofficers · CH01
- 2025-08-21📄accounts-with-accounts-type-fullaccounts · AA
- 2025-01-27📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2025-01-24➕MITCHELL, David George appointedsecretary
- 2025-01-24➖CORNWALL, Margaret resignedsecretary
- 2025-01-24📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-08-14📄accounts-with-accounts-type-fullaccounts · AA
- 2024-06-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-06-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-12-07📄capital-allotment-sharescapital · SH01
- 2023-07-21📄accounts-with-accounts-type-fullaccounts · AA
- 2022-12-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-12-02📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2022-12-02📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2022-12-02📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2022-12-02📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2022-12-02📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2022-11-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-09-20📄accounts-with-accounts-type-fullaccounts · AA
- 2022-04-19📄capital-allotment-sharescapital · SH01
- 2022-03-29📄capital-allotment-sharescapital · SH01
- 2022-01-30➖MACTAGGART, James Islay resigneddirector
- 2018-08-03🔒Charge registered #16Lender: Barclays Bank PLC
- 2017-07-10🔓Charge satisfied #12
- 2017-06-30🔓Charge satisfied #11
- 2017-06-30🔓Charge satisfied #10
- 2017-03-06🔒Charge registered #15Lender: Barclays Bank PLC
- 2017-02-21➖PETERS, Ross Stevenson resigneddirector
- 2017-01-10🔒Charge registered #14Lender: Barclays Bank PLC
- 2016-06-03🔒Charge registered #13Lender: Barclays Bank PLC
- 2013-09-04🔒Charge registered #12Lender: Clydesdale Bank PLC
- 2011-07-20🔒Charge registered #11Lender: Clydesdale Bank PLC
- 2011-07-19🔓Charge satisfied #9
- 2011-07-19🔓Charge satisfied #8
- 2011-07-19🔓Charge satisfied #2
- 2011-05-10🔒Charge registered #10Lender: Clydesdale Bank PLC
- 2010-12-31➖DAVIDSON, Douglas Charles resigneddirector
- 2008-06-02➕MITCHELL, Euan Douglas appointeddirector
- 2008-03-11➕MACTAGGART, James Islay appointeddirector
- 2007-03-05➕CORNWALL, Margaret appointedsecretary
- 2007-02-21➖GREEN, Calum James resignedsecretary
- 2006-12-12➕TULLY, Raymond Christopher appointeddirector
- 2005-09-30➖KETTLES, Andrew resigneddirector
- 2003-08-22➖CURRIE, Paul Richard resigneddirector
- 2003-04-11🔓Charge satisfied #6
- 2003-04-11🔓Charge satisfied #3
- 2003-04-10🔓Charge satisfied #7
- 2003-04-10🔓Charge satisfied #4
- 2002-12-20🔒Charge registered #9Lender: The Governor and Company of the Bank of Scotland
Showing most recent 50 of 92 events
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 93 — succession pressure is live.
Succession & seller-readiness
80/100
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 93 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
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.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Leslie Auchincloss Individual · British · DOB 06/1933 · age 93 | 25–50% | 25–50% | 25-50% shares · 25-50% voting · trust interest | 06/04/2016 |
2 historic (ceased) PSCs
- Mr Leslie Auchinclossceased 10/11/2022· 50-75% shares · 50-75% voting
- Lafor Establishmentceased 06/04/2016· 25-50% shares
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 · KA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GRANT BROTHERS (MEAT CANNERS) LIMITED→ SC020934 · est 1939 | £5.62M £4.14M–£7.10M | — | — | 42 | 87y | 80 | 66y |
| LLDR ALEXANDRIA LTD→ SC187650 · est 1998 · no financials extracted | — | — | — | — | 27y | 83 | 74y |
| FOOD SCIENCE LIMITED→ SC352591 · est 2008 | — | — | £67.2k | — | 17y | 82 | 83y |
| ISLAND CHEESE COMPANY LIMITED→ SC122774 · est 1990 | — | — | £290.9k | — | 36y | 82 | 64y |
| LLDY ALEXANDRIA LTD→ SC140039 · est 1992 · no financials extracted | — | — | — | — | 33y | 82 | 74y |
| MCCALLUMS FOODS LIMITED→ SC209850 · est 2000 | — | — | — | 1200 | 25y | 82 | 63y |
| K K DRAUGHT DRINKS LIMITED→ SC298673 · est 2006 | — | — | £147.5k | — | 20y | 81 | 58y |
| ARRAN BREWERY PLC→ SC430232 · est 2012 · no financials extracted | — | — | — | — | 13y | 80 | 66y |
| ELMBRONZE LIMITED→ SC150540 · est 1994 | — | — | £311 | — | 32y | 80 | 74y |
| IRVINE'S LIMITED→ SC302169 · est 2006 | — | — | — | 27 | 20y | 80 | 66y |
| J.C. PEACOCK & CO., LIMITED→ SC025860 · est 1947 | — | — | £9.79M | — | 78y | 80 | 84y |
| JOHN W SHORT LIMITED→ SC378967 · est 2010 | — | — | £19.9k | — | 15y | 80 | 60y |
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
Incorporated1991-11-11
Jurisdictionscotland
Primary SIC11060 — Manufacture of malt
Registered office
Isle Of Arran Distillers Ltd
Lochranza Distillery
Lochranza
Isle Of Arran
KA27 8HJ
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-31
Last: 2025-12-17
Officers (5 active · 20 resigned)
MITCHELL, David George→
Activesecretary · appointed 2025-01-24
View their other companies + combined net worth →
AUCHINCLOSS, Leslie→
Activedirector · ~93y · appointed 1994-12-28
View their other companies + combined net worth →
MITCHELL, Euan Douglas→
Activedirector · ~53y · appointed 2008-06-02
View their other companies + combined net worth →
PEIRCE, Michael Alexander, Doctor→
Activedirector · ~84y · appointed 2001-10-10
View their other companies + combined net worth →
TULLY, Raymond Christopher→
Activedirector · ~61y · appointed 2006-12-12
View their other companies + combined net worth →
CORNWALL, Margaret→
Resignedsecretary · appointed 2007-03-05 · resigned 2025-01-24
CURRIE, Harold James→
Resignedsecretary · appointed 1994-12-21 · resigned 1999-09-22
CURRIE, Harold James→
Resignedsecretary · appointed 1991-11-11 · resigned 1994-08-24
GARWOOD, Paul→
Resignedsecretary · appointed 1999-09-22 · resigned 2001-10-10
GREEN, Calum James→
Resignedsecretary · appointed 2001-10-10 · resigned 2007-02-21
OGSTON, Alan→
Resignedsecretary · appointed 1994-08-24 · resigned 1994-12-21
SAME-DAY COMPANY SERVICES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1991-11-11 · resigned 1991-11-11
BOYLE, William David→
Resigneddirector · ~68y · appointed 1999-11-15 · resigned 2001-10-10
BRIDGER, Martyn James→
Resigneddirector · ~73y · appointed 1998-12-04 · resigned 2000-05-27
CURRIE, Andrew Nigel→
Resigneddirector · ~65y · appointed 1994-07-08 · resigned 1999-09-30
CURRIE, Harold James→
Resigneddirector · ~102y · appointed 1991-11-11 · resigned 1999-09-22
CURRIE, Paul Richard→
Resigneddirector · ~62y · appointed 1994-07-08 · resigned 2003-08-22
DAVIDSON, Douglas Charles→
Resigneddirector · ~78y · appointed 2001-10-10 · resigned 2010-12-31
DROMGOOLE, Patrick Shirley Brookes Fleming→
Resigneddirector · ~96y · appointed 1995-01-01 · resigned 2002-02-14
HEWSON, George Derek→
Resigneddirector · ~96y · appointed 1994-07-08 · resigned 1994-12-08
Click a director name to see their full track record across all companies.
Mortgages & charges
15
Total charges
4
Outstanding
1
Active lenders
Status:Lender:15 of 15 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | A registered charge | 1 property | 03/08/2018 | — | |
| outstanding | Barclays Barclays Bank PLC | A registered charge | 1 property | 06/03/2017 | — | |
| outstanding | Barclays Barclays Bank PLC | A registered charge | 1 property | 10/01/2017 | — | |
| outstanding | Barclays Barclays Bank PLC | A registered charge | — | 03/06/2016 | — | |
| satisfied | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 04/09/2013 | 10/07/2017 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Standard security | 1 property | 20/07/2011 | 30/06/2017 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Floating charge | 1 property | 10/05/2011 | 30/06/2017 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 20/12/2002 | 19/07/2011 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 28/10/2002 | 19/07/2011 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Standard security | 1 property | 07/10/1999 | 11/04/2003 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Floating charge | 1 property | 29/09/1999 | 10/04/2003 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Floating charge | 1 property | 29/09/1999 | 10/04/2003 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 06/06/1996 | 11/04/2003 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 18/03/1996 | 19/07/2011 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 13/11/1995 | 13/10/1999 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (263 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-16
change-person-director-company-with-change-date
officers · CH01
2026-01-30
change-person-director-company-with-change-date
officers · CH01
2025-12-22
accounts-with-accounts-type-full
accounts · AA
2025-08-21
appoint-person-secretary-company-with-name-date
officers · AP03
2025-01-27
termination-secretary-company-with-name-termination-date
officers · TM02
2025-01-24
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-17
accounts-with-accounts-type-full
accounts · AA
2024-08-14
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-06-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-06-06
capital-allotment-shares
capital · SH01
2023-12-07
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-07
accounts-with-accounts-type-full
accounts · AA
2023-07-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-12-02