DRINKING PLUS LIMITED
💤Zombieactive
SC293642 · ltd · incorporated 2005-11-24
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 Nov 2024
Net worth
£136.3k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Public houses and bars
Sector: Accommodation & food service
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 77/100 (strong), bankability 85/100. Strong seller-intent signal (68/100, director aged 57). 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).
🏦
Refinance opportunity
2 live charges · oldest 20.1y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 20.1 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
47 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £136,266
Cash YoY
+44%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£146k
↑ 44% YoY
Net Worth
£136k
↑ 24% YoY
Current Assets
£164k
↑ 38% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £138.2k | £112.1k |
| Current assets | £163.7k | £118.9k |
| Cash | £145.9k | £101.2k |
| Debtors | £13.7k | £13.5k |
| Net assets | £136.3k | £110.2k |
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
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2025-11-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-12-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2017-12-09📄mortgage-satisfy-charge-fullmortgage · MR04
- 2017-12-09🔓Charge satisfied #2
- 2017-12-09🔓Charge satisfied #1
- 2017-08-31📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-08-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-12-21📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-08-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-11-24📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2006-03-30🔒Charge registered #2Lender: Scottish & Newcastle UK Limited
- 2006-03-22🔒Charge registered #1Lender: Scottish & Newcastle UK Limited
- 2005-11-24🏢Company incorporatedAs DRINKING PLUS LIMITED
- 2005-11-24➕CONDIE, Karen Tracey appointedsecretary
- 2005-11-24➕CARGILL, Kevan Archibald appointeddirector
Owner dependency
90/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
- +No director turnover: Company is 20 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 20 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
cleanNo 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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Kevan Archibald Cargill Individual · United Kingdom · DOB 07/1969 · age 57 | 75–100% | — | 75-100% shares | 24/11/2016 |
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 · Hospitality · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| DL DRUM LTD→ SC848424 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DOCKSIDE BARS GLA LIMITED→ SC876998 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| DOLLANI LIMITED→ SC762555 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| DRYDEN CATERING LTD→ SC766652 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| DS CUISINE LTD→ SC779445 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| DUOMI LTD→ SC844644 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| DYNAMIC FOOD AND DRINK LTD→ SC710005 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| E D CAMBUSLANG LIMITED→ SC385369 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| EAGLE 168 LIMITED→ SC790515 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| EAGLESHAM FOODS LTD→ SC693167 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| EANO PIZZERIA LIMITED→ SC792561 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| EARTHLY SKY LTD→ SC815410 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2005-11-24
Jurisdictionscotland
Primary SIC56302 — Public houses and bars
Registered office
109 Douglas Street
Glasgow
G2 4HB
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-11-26
Last: 2025-11-12
Officers (2 active · 0 resigned)
CONDIE, Karen Tracey→
Activesecretary · appointed 2005-11-24
View their other companies + combined net worth →
CARGILL, Kevan Archibald→
Activedirector · ~57y · appointed 2005-11-24
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Scottish & Newcastle UK Scottish & Newcastle UK Limited | Standard security | 1 property | 30/03/2006 | 09/12/2017 | |
| satisfied | Scottish & Newcastle UK Scottish & Newcastle UK Limited | Floating charge | 1 property | 22/03/2006 | 09/12/2017 |
Recent filings (47 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-11-27