CROSSBILL DISTILLING LIMITED

💤Zombieactive
SC473332 · ltd · incorporated 2014-03-24
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 Dec 2024
Net worth
£-982.8k
book net assets
Opportunity
74/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 11010
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

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: distressed disposal / insolvency (65/100).

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
9 officers (2 active, 9 linked, 6 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
64 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
Negative net assets
Liabilities exceed assets by £982,764
Cash YoY
-4%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£16k
↓ 3.9% YoY
Net Worth
-£983k
↓ 6.3% YoY
Current Assets
£201k
↓ 8.3% YoY
Current Liabilities
—
-£983k-£742k-£502k-£262k-£21k£219kDec 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£-79.7k£-19.3k
Current assets£201.0k£219.3k
Cash£15.5k£16.2k
Debtors£161.0k£162.0k
Net assets£-982.8k£-924.4k

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
1
filing
  • • 1 persons-with-significant-control
Last 180 days
1
filing
  • • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2026-03-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  2. 2025-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-08-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2023-06-16
    📄
    capital-allotment-shares
    capital · SH01
  7. 2023-04-27
    📄
    memorandum-articles
    incorporation · MA
  8. 2023-04-27
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2022-08-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2022-08-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2022-07-25
    ➖
    HANSEN, Thor Hvid resigned
    director
  12. 2022-07-25
    ➖
    NICLASEN, Martin resigned
    director
  13. 2022-05-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-10-11
    📄
    capital-allotment-shares
    capital · SH01
  15. 2021-09-13
    📄
    memorandum-articles
    incorporation · MA
  16. 2021-09-13
    📄
    resolution
    resolution · RESOLUTIONS
  17. 2021-08-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2020-07-02
    📄
    capital-allotment-shares
    capital · SH01
  19. 2020-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2019-09-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  21. 2018-10-11
    ➕
    HANSEN, Thor Hvid appointed
    director
  22. 2018-10-11
    ➕
    NICLASEN, Martin appointed
    director
  23. 2017-07-20
    ➖
    BLOOD, Jeremy John Foster resigned
    director
  24. 2016-09-01
    ➕
    RODDISON, John appointed
    secretary
  25. 2015-03-11
    ➕
    SHAW, Adam Dominic Bradley appointed
    director
  26. 2015-03-11
    ➖
    ENGELS, Jonathan resigned
    director
  27. 2015-01-05
    ➕
    BLOOD, Jeremy John Foster appointed
    director
  28. 2014-05-29
    ➖
    HBJG SECRETARIAL LIMITED resigned
    corporate-secretary
  29. 2014-05-29
    ➕
    ENGELS, Jonathan appointed
    director
  30. 2014-05-29
    ➖
    WALKER, Andrew Graham Alexander resigned
    director
  31. 2014-05-29
    ➖
    HBJG LIMITED resigned
    corporate-director
  32. 2014-03-24
    🏢
    Company incorporated
    As CROSSBILL DISTILLING LIMITED
  33. 2014-03-24
    ➕
    HBJG SECRETARIAL LIMITED appointed
    corporate-secretary
  34. 2014-03-24
    ➕
    WALKER, Andrew Graham Alexander appointed
    director
  35. 2014-03-24
    ➕
    HBJG LIMITED appointed
    corporate-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

50/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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

Distilled Spirit Investments Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Distilled Spirit Investments Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
CROSSBILL DISTILLING LIMITED
This company · SC473332

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Distilled Spirit Investments Ltd
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control01/10/2023
Mr Adam Dominic Bradley Shaw
Individual · British · DOB 01/1969 · age 57
——sig. influencesignificant influence24/03/2017

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 · Food & drink · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
D. MCGHEE & SONS LIMITED→
SC028084 · est 1950
£20.62M
£15.19M–£26.04M
———75y8367y
SCOBIE & JUNOR (ESTD 1919) LIMITED→
SC010710 · est 1919
£149.1k
£109.9k–£188.4k
——103106y8584y
GLASGOW WHISKY LIMITED→
SC332208 · est 2007 · no financials extracted
————18y8370y
A P JESS (PAISLEY) LTD.→
SC157144 · est 1995
———031y8268y
ALDOMAK LIMITED→
SC055930 · est 1974
——£360.3k—51y8276y
ARRAN CHOCOLATE FACTORY LIMITED→
SC183336 · est 1998
——£235.7k—28y8279y
BELLEVUE CHEESE COMPANY (ARRAN) LIMITED→
SC296700 · est 2006
——£73.3k—20y8264y
CLANMILL LIMITED→
SC154748 · est 1994
——£927.1k—31y8266y
FERGUSONS BAKERS LIMITED→
SC222640 · est 2001
———8624y8267y
GRAND PRODUCTIONS LIMITED→
SC132250 · est 1991
——£441.0k—34y8261y
MEADOWSIDE BLENDING COMPANY LIMITED→
SC093121 · est 1985
———341y8280y
OLIVERS (U.K.) DEVELOPMENT LIMITED→
SC062558 · est 1977 · no financials extracted
————48y8258y
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
Incorporated2014-03-24
Jurisdictionscotland
Primary SIC11010 — SIC 11010

Registered office

Unit 1, Baad, 54 Calton Entry
Glasgow
G40 2SB
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-11
Last: 2025-09-27

Officers (2 active · 7 resigned)

RODDISON, John→
secretary · appointed 2016-09-01
View their other companies + combined net worth →
Active
SHAW, Adam Dominic Bradley→
director · ~57y · appointed 2015-03-11
View their other companies + combined net worth →
Active
HBJG SECRETARIAL LIMITED→
corporate-secretary · appointed 2014-03-24 · resigned 2014-05-29
Resigned
BLOOD, Jeremy John Foster→
director · ~60y · appointed 2015-01-05 · resigned 2017-07-20
Resigned
ENGELS, Jonathan→
director · ~51y · appointed 2014-05-29 · resigned 2015-03-11
Resigned
HANSEN, Thor Hvid→
director · ~59y · appointed 2018-10-11 · resigned 2022-07-25
Resigned
NICLASEN, Martin→
director · ~56y · appointed 2018-10-11 · resigned 2022-07-25
Resigned
WALKER, Andrew Graham Alexander→
director · ~58y · appointed 2014-03-24 · resigned 2014-05-29
Resigned
HBJG LIMITED→
corporate-director · appointed 2014-03-24 · resigned 2014-05-29
Resigned

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

Recent filings (64 total)

notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-21
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-08-19
capital-allotment-shares
capital · SH01
2023-06-16
memorandum-articles
incorporation · MA
2023-04-27
resolution
resolution · RESOLUTIONS
2023-04-27
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-11
termination-director-company-with-name-termination-date
officers · TM01
2022-08-03
termination-director-company-with-name-termination-date
officers · TM01
2022-08-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-13