ISLAY ALES COMPANY LIMITED

🌳Matureactive
SC243892 · ltd · incorporated 2003-02-13
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 steady · low confidence
Steady and tidy — no seller pressure yet. Approach only if an angle opens.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 22.3y old — refinance window within 12 months
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 Mar 2025
Net worth
£4.5k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Manufacture of beer
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: asset-holding vehicle with exceptional profile and bankable structure.

Opportunity 80/100 (exceptional), bankability 85/100. 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 (73/100).

🏦

Refinance opportunity

1 live charge · oldest 22.3y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 22.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (79/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
10 officers (2 active, 10 linked, 7 with DOB)
84
Ownership & PSC
2 active PSC(s) of 5 total, 5 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
91 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £4,549
Net assets shrinking
Down £61,207 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£5k
↓ 93% YoY
Current Assets
£58k
↓ 26% YoY
Current Liabilities
—
£0£16k£31k£47k£63k£79kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£264.1k£297.0k
Current assets£58.0k£78.5k
Net assets£4.5k£65.8k

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
0
filings
Last 180 days
4
filings
  • • 1 confirmation-statement
  • • 1 persons-with-significant-control
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
  1. 2026-02-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-02-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-12-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-12-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-02-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2023-08-09
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2022-10-05
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2021-12-09
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2020-12-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2020-01-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-02-14
    ➖
    BAVIN, Stephen Peter Charles resigned
    director
  12. 2019-02-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2019-02-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2019-02-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2019-02-14
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2019-02-14
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  17. 2019-02-14
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2018-07-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2018-07-10
    ➕
    MACKENZIE, Donald Roderick appointed
    director
  20. 2018-07-10
    ➕
    SMITH, Jason Mcguire Mackay appointed
    director
  21. 2018-07-10
    ➕
    BAVIN, Stephen Peter Charles appointed
    director
  22. 2018-07-10
    ➖
    CAPPER, Ishbel Jean resigned
    director
  23. 2018-07-10
    ➖
    CAPPER, Paul Victor resigned
    director
  24. 2018-07-10
    ➖
    SCHOBERT, Walter, Professor resigned
    director
  25. 2016-03-10
    🔓
    Charge satisfied #1
  26. 2012-09-14
    ➖
    HATHAWAY, Elizabeth Anne resigned
    secretary
  27. 2012-09-14
    ➕
    CAPPER, Ishbel Jean appointed
    director
  28. 2012-09-13
    ➖
    HATHAWAY, Paul Vincent resigned
    director
  29. 2004-01-28
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  30. 2003-10-01
    ➕
    SCHOBERT, Walter, Professor appointed
    director
  31. 2003-02-13
    🏢
    Company incorporated
    As ISLAY ALES COMPANY LIMITED
  32. 2003-02-13
    ➕
    HATHAWAY, Elizabeth Anne appointed
    secretary
  33. 2003-02-13
    ➕
    DCS CORPORATE SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  34. 2003-02-13
    ➖
    DCS CORPORATE SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  35. 2003-02-13
    ➕
    CAPPER, Paul Victor appointed
    director
  36. 2003-02-13
    ➕
    HATHAWAY, Paul Vincent appointed
    director
  37. 2003-02-13
    ➕
    DCS NOMINEES LIMITED appointed
    corporate-nominee-director
  38. 2003-02-13
    ➖
    DCS NOMINEES LIMITED resigned
    corporate-nominee-director

Owner dependency

66/100
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.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

66/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 23 years old and no new directors in the last 3 years — succession not yet being planned internally.

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Donald Roderick Mackenzie
Individual · British,French · DOB 12/1962 · age 64
25–50%
25–50%sig. influence25-50% shares · 25-50% voting · significant influence · firm interest10/07/2018
Mr Jason Mcguire Mackay Smith
Individual · British · DOB 03/1969 · age 57
——sig. influencesignificant influence · trust interest · firm interest10/07/2018
3 historic (ceased) PSCs
  • Mr Paul Victor Capperceased 10/07/2018· 25-50% shares · 25-50% voting
  • Mrs Ishbel Jean Capperceased 10/07/2018· 25-50% shares · 25-50% voting
  • Professor Walter Schobertceased 10/07/2018· 25-50% shares · 25-50% voting

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 →

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CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
J. & A. MITCHELL AND COMPANY, LIMITED→
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——112128y8591y
ISLAND BAKERY ORGANICS LIMITED→
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£1.20M–£2.05M
£4.81M—370015y9054y
SGRIOB-RUADH DISTILLERS LTD→
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£14.7k
£10.8k–£18.6k
£13.2k—4005y8662y
MITCHELL'S GLENGYLE LIMITED→
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———025y8390y
ARGYLL SEAFOODS LIMITED→
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——£190.8k—22y8277y
AULDS BAKERIES LIMITED→
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————27y8267y
FYNE ALES LIMITED→
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———2225y8278y
G. PORRELLI & CO., LIMITED→
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———2861y8266y
AULDS DELICIOUS DESSERTS LIMITED→
SC044454 · est 1967 · no financials extracted
————59y8067y
AULDS THE BAKERS LTD→
SC440756 · est 2013 · no financials extracted
————13y8067y
C PARDUCCI WHOLESALE LIMITED→
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———320y8060y
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——£122.1k—56y8074y
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
Incorporated2003-02-13
Jurisdictionscotland
Primary SIC11050 — Manufacture of beer

Registered office

The Brewery
Glenegedale
Isle Of Islay
PA42 7AS
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-17
Last: 2026-02-03

Officers (2 active · 8 resigned)

MACKENZIE, Donald Roderick→
director · ~64y · appointed 2018-07-10
View their other companies + combined net worth →
Active
SMITH, Jason Mcguire Mackay→
director · ~57y · appointed 2018-07-10
View their other companies + combined net worth →
Active
HATHAWAY, Elizabeth Anne→
secretary · appointed 2003-02-13 · resigned 2012-09-14
Resigned
DCS CORPORATE SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 2003-02-13 · resigned 2003-02-13
Resigned
BAVIN, Stephen Peter Charles→
director · ~65y · appointed 2018-07-10 · resigned 2019-02-14
Resigned
CAPPER, Ishbel Jean→
director · ~72y · appointed 2012-09-14 · resigned 2018-07-10
Resigned
CAPPER, Paul Victor→
director · ~74y · appointed 2003-02-13 · resigned 2018-07-10
Resigned
HATHAWAY, Paul Vincent→
director · ~68y · appointed 2003-02-13 · resigned 2012-09-13
Resigned
SCHOBERT, Walter, Professor→
director · ~83y · appointed 2003-10-01 · resigned 2018-07-10
Resigned
DCS NOMINEES LIMITED→
corporate-nominee-director · appointed 2003-02-13 · resigned 2003-02-13
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property28/01/200410/03/2016

Recent filings (91 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-17
change-person-director-company-with-change-date
officers · CH01
2026-02-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-15
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-08-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-10
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-10-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-03
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-12-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-04
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-12-30