MATISSE SPIRITS COMPANY LIMITED

💤Zombieactive
SC268162 · ltd · incorporated 2004-05-20
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£847.5k
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: SIC 11010
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (76/100)

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
Confirmed no charges registered
85
Directors & officers
8 officers (1 active, 8 linked, 3 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
73 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £847,548
Cash YoY
+53%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£10k
↑ 53% YoY
Net Worth
£848k
~ YoY
Current Assets
£1.1m
↑ 4.1% YoY
Current Liabilities
—
£0£212k£424k£636k£848k£1.1mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£849.5k£842.9k
Current assets£1.06M£1.02M
Cash£10.4k£6.8k
Debtors£999.6k£955.2k
Net assets£847.5k£842.8k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2025-09-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-08-26
    ➖
    CRILLY, John resigned
    secretary
  3. 2025-08-26
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  4. 2024-07-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-06-07
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  6. 2023-06-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-08-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-09-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-08-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2020-08-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2020-07-31
    ➕
    CHIEN HONG, Lin appointed
    director
  13. 2020-07-31
    ➖
    SEN-HO, Chang resigned
    director
  14. 2019-07-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-09-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-07-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2017-04-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2016-08-09
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2016-06-09
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  20. 2012-04-30
    ➖
    WU, Chi-Min resigned
    director
  21. 2008-01-23
    ➕
    CRILLY, John appointed
    secretary
  22. 2008-01-23
    ➖
    ANDREW HAMILTON & CO resigned
    corporate-secretary
  23. 2005-03-14
    ➕
    ANDREW HAMILTON & CO appointed
    corporate-secretary
  24. 2005-03-14
    ➖
    MACLAY MURRAY & SPENS LLP resigned
    corporate-nominee-secretary
  25. 2004-08-18
    ➕
    WU, Chi-Min appointed
    director
  26. 2004-06-15
    ➕
    SEN-HO, Chang appointed
    director
  27. 2004-06-15
    ➖
    VINDEX LIMITED resigned
    corporate-nominee-director
  28. 2004-06-15
    ➖
    VINDEX SERVICES LIMITED resigned
    corporate-nominee-director
  29. 2004-05-20
    🏢
    Company incorporated
    As MATISSE SPIRITS COMPANY LIMITED
  30. 2004-05-20
    ➕
    MACLAY MURRAY & SPENS LLP appointed
    corporate-nominee-secretary
  31. 2004-05-20
    ➕
    VINDEX LIMITED appointed
    corporate-nominee-director
  32. 2004-05-20
    ➕
    VINDEX SERVICES LIMITED appointed
    corporate-nominee-director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 22 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.)

Group structure

Holy Grail is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Holy Grail
Corporate parent · holds 75-100% shares
ultimate parent
⬇
MATISSE SPIRITS COMPANY LIMITED
This company · SC268162

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%
NameSharesVoting rightsNature of controlNotified
Holy Grail
Corporate entity
75–100%
—75-100% shares20/05/2016

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

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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2004-05-20
Jurisdictionscotland
Primary SIC11010 — SIC 11010

Registered office

6 Logie Mill
Edinburgh
EH7 4HG
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-03
Last: 2025-05-20

Officers (1 active · 7 resigned)

CHIEN HONG, Lin→
director · ~51y · appointed 2020-07-31
View their other companies + combined net worth →
Active
CRILLY, John→
secretary · appointed 2008-01-23 · resigned 2025-08-26
Resigned
ANDREW HAMILTON & CO→
corporate-secretary · appointed 2005-03-14 · resigned 2008-01-23
Resigned
MACLAY MURRAY & SPENS LLP→
corporate-nominee-secretary · appointed 2004-05-20 · resigned 2005-03-14
Resigned
SEN-HO, Chang→
director · ~67y · appointed 2004-06-15 · resigned 2020-07-31
Resigned
WU, Chi-Min→
director · ~52y · appointed 2004-08-18 · resigned 2012-04-30
Resigned
VINDEX LIMITED→
corporate-nominee-director · appointed 2004-05-20 · resigned 2004-06-15
Resigned
VINDEX SERVICES LIMITED→
corporate-nominee-director · appointed 2004-05-20 · resigned 2004-06-15
Resigned

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

Recent filings (73 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-15
termination-secretary-company-with-name-termination-date
officers · TM02
2025-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-21
change-person-secretary-company-with-change-date
officers · CH03
2023-06-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-14
termination-director-company-with-name-termination-date
officers · TM01
2020-08-12
appoint-person-director-company-with-name-date
officers · AP01
2020-08-11