CRAFT SPIRITS LIMITED

💤Zombieactive
SC451612 · ltd · incorporated 2013-06-05
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
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
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

1 live charge · oldest 8.3y

45/100
under pressure

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

  • · Oldest live charge is 8.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (75/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
37 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.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-31

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
0
filings
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-06-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-07-18
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  3. 2024-06-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  4. 2024-06-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2023-07-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2023-07-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2022-08-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2021-10-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2021-08-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2020-12-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2020-08-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2020-08-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2020-07-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2020-04-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2020-03-31
    WOODS, Brian David resigned
    director
  16. 2020-03-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2019-01-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2018-03-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2018-01-23
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
  20. 2013-06-05
    🏢
    Company incorporated
    As CRAFT SPIRITS LIMITED
  21. 2013-06-05
    WATSON, Scott Mcmurray appointed
    director
  22. 2013-06-05
    WOODS, Brian David 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 13 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.)

Group structure

Crucial Brands Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Crucial Brands Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
CRAFT SPIRITS LIMITED
This company · SC451612

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
Crucial Brands Holdings Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
2 historic (ceased) PSCs
  • Mr Brian David Woodsceased 31/03/2020· significant influence
  • Mr Scott Mcmurray Watsonceased 06/04/2016· significant influence

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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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
Incorporated2013-06-05
Jurisdictionscotland
Primary SIC99999 — SIC 99999

Registered office

Dumfries House
Dumfries House Estate
Cumnock
KA18 2NJ
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-19
Last: 2025-06-05

Officers (1 active · 1 resigned)

WATSON, Scott Mcmurray
director · ~54y · appointed 2013-06-05
View their other companies + combined net worth →
Active
WOODS, Brian David
director · ~52y · appointed 2013-06-05 · resigned 2020-03-31
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
A registered charge23/01/2018
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (37 total)

accounts-with-accounts-type-dormant
accounts · AA
2025-06-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-10
change-account-reference-date-company-current-extended
accounts · AA01
2024-07-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-06-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-06-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-07-25
accounts-with-accounts-type-dormant
accounts · AA
2023-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-12
accounts-with-accounts-type-dormant
accounts · AA
2022-08-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-06
change-person-director-company-with-change-date
officers · CH01
2021-10-11
accounts-with-accounts-type-dormant
accounts · AA
2021-08-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-12-22