REVELRY LIMITED

💤Zombieactive
SC412089 · ltd · incorporated 2011-11-25
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 Jul 2024
Net worth
£113.0k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: SIC 03110
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 80/100. 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).

🏦

Refinance opportunity

2 live charges · oldest 10.4y

45/100
under pressure

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

  • · Oldest live charge is 10.4 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

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 (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
42 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £113,035
Cash YoY
-18%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£81k
↓ 18% YoY
Net Worth
£113k
↑ 2.4% YoY
Current Assets
£91k
↓ 12% YoY
Current Liabilities
£0£23k£45k£68k£90k£113kJul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-07-312023-07-31
Total assets£183.8k£193.6k
Current assets£91.5k£104.2k
Cash£80.8k£98.7k
Debtors£10.7k£5.5k
Net assets£113.0k£110.4k

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
6
filings
  • 2 persons-with-significant-control
  • 2 officers
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-01-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-01-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2026-01-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2026-01-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2026-01-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2025-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-04-26
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2023-03-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2023-03-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2023-03-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2022-11-19
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  12. 2022-04-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  13. 2021-05-25
    📄
    accounts-amended-with-made-up-date
    accounts · AAMD
  14. 2021-04-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  15. 2020-04-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  16. 2019-04-19
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  17. 2018-04-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  18. 2017-01-31
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  19. 2015-12-02
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  20. 2015-09-29
    GRIEVE, Diane resigned
    director
  21. 2011-11-25
    🏢
    Company incorporated
    As REVELRY LIMITED
  22. 2011-11-25
    GRIEVE, Laurence John appointed
    director
  23. 2011-11-25
    GRIEVE, Diane appointed
    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

58/100
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.
  • secondary12+ year tenure: Director in role 14 years.
  • 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Laurence John Grieve
Individual · British · DOB 05/1979 · age 47
75100%
75–100%75-100% shares · 75-100% voting06/04/2016

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
Incorporated2011-11-25
Jurisdictionscotland
Primary SIC03110 — SIC 03110

Registered office

Cornigrum
Heathery Loan
Kirkwall
Orkney
KW15 1SY
Scotland

Filing status

Accounts
Next due: 2026-04-30
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-12-09
Last: 2025-11-25

Officers (1 active · 1 resigned)

GRIEVE, Laurence John
director · ~47y · appointed 2011-11-25
View their other companies + combined net worth →
Active
GRIEVE, Diane
director · ~69y · appointed 2011-11-25 · resigned 2015-09-29
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property31/01/2017
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge02/12/2015
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (42 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-21
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-21
change-person-director-company-with-change-date
officers · CH01
2026-01-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-21
change-person-director-company-with-change-date
officers · CH01
2026-01-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-05
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-27
change-person-director-company-with-change-date
officers · CH01
2023-03-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-03-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-05
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-11-19