ARRAN BREW LTD.

🌳Matureactive

SC177387 · ltd · incorporated 1997-07-18

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.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

What changed my view

Last 30 days

No material changes in the last 30 days.

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

—

year to Dec 2024

Net worth

£-476.9k

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Manufacture of beer

Sector: Manufacturing

ALSO REGISTERED FOR

56101Licenced restaurants
56302Public houses and bars

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 83/100 (exceptional), bankability 85/100. Strong seller-intent signal (63/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -80% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 9.4y

45/100

under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

· Oldest live charge is 9.4 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 3 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

6 officers (5 active, 6 linked, 5 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

10 connected companies via shared directors

Filing history

84 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Negative net assets

Liabilities exceed assets by £476,903

Cash draining

Cash down 80% YoY

Cash YoY

-80%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£3k

↓ 80% YoY

Net Worth

-£477k

↓ 17% YoY

Current Assets

£387k

↑ 6.9% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-12-31	2023-12-31
Total assets	£588.8k	£516.4k
Current assets	£386.6k	£361.5k
Cash	£3.4k	£16.8k
Debtors	£283.8k	£255.9k
Net assets	£-476.9k	£-408.2k

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (26 events)Click to expand

2025-09-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-24
📄
change-person-director-company-with-change-date
officers · CH01
2024-06-24
📄
change-person-director-company-with-change-date
officers · CH01
2024-06-24
📄
change-person-director-company-with-change-date
officers · CH01
2024-06-24
📄
change-person-secretary-company-with-change-date
officers · CH03
2023-09-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-22
📄
mortgage-satisfy-charge-full
mortgage · MR04
2021-07-22
🔓
Charge satisfied #1
2020-09-21
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-06-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-07-02
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-07-02
📄
accounts-with-accounts-type-full
accounts · AA
2018-03-13
📄
change-account-reference-date-company-previous-extended
accounts · AA01
2017-10-17
📄
accounts-with-accounts-type-medium
accounts · AA
2016-12-22
🔒
Charge registered #1
Lender: Bank of Scotland PLC
2008-12-12
➖
DONALDSON, William George resigned
director
2008-11-03
➕
MICHALUK, Malcolm Douglas appointed
director
2008-06-16
➕
DONALDSON, William George appointed
director
2007-02-09
➕
MICHALUK, Veronica appointed
director
1997-07-18
🏢
Company incorporated
As ARRAN BREW LTD.
1997-07-18
➕
MICHALUK, Gerald Robert Gilmer appointed
secretary
1997-07-18
➕
BALLOTA, Teresa appointed
director
1997-07-18
➕
MICHALUK, Gerald Robert appointed
director

Owner dependency

73/100

High — earn-out structure required

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

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 68 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

80/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 29 years old and no new directors in the last 3 years — succession not yet being planned internally.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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

Name	Shares	Voting rights	Nature of control	Notified
Mr Gerald Robert Gilmer Michaluk Individual · British · DOB 02/1960 · age 66	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control · firm interest	06/04/2016

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.

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Similar companies

Active · Food & drink · KA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
ISLE OF ARRAN DISTILLERS LIMITED→ SC134963 · est 1991	£9.19M £6.77M–£11.61M	—	—	9300	34y	85	93y
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
THE NATURAL FRUIT AND BEVERAGE COMPANY LIMITED→ SC220179 · est 2001 · no financials extracted	—	—	—	—	24y	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
SORN MILK LIMITED→ SC149016 · est 1994	—	—	£2.2k	—	32y	82	77y
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

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

7 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.

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Company details

Statusactive

Typeltd

Incorporated1997-07-18

Jurisdictionscotland

Primary SIC11050 — Manufacture of beer

Registered office

Arran Brewery Guest House

Whiting Bay

Isle Of Arran

KA27 8PZ

Scotland

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-07-30

Last: 2025-07-16