TURAS SPIRITS LTD
Opportunity 71/100 (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 (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £229 | £504 |
| Current assets | £24.9k | £26.8k |
| Net assets | £229 | £504 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
- • 1 accounts
- • 1 accounts
Corporate timeline (14 events)Click to expand
- 2026-04-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-04-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-04-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-08-09✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2023-04-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-08-02📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-04-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-04-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-04-09📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-05-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-04-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-07-07🏢Company incorporatedAs TURAS SPIRITS LTD
- 2016-07-07➕SMALLEY, Nicholas Geoffrey appointeddirector
- 2016-07-07📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Nicholas Geoffrey Smalley Individual · British · DOB 03/1983 · age 43 | 25–50% | 25–50% | board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence | 07/07/2016 |
Mrs Emma Smalley Individual · British · DOB 03/1983 · age 43 | 25–50% | 25–50% | sig. influence25-50% shares · 25-50% voting · significant influence | 07/07/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
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| GRANITE CITY FISH LIMITED→ SC130588 · est 1991 | — | — | £327.0k | — | 35y | 82 | 66y |
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| HOME BAKERY (BUCKIE) LIMITED→ SC104797 · est 1987 | — | — | — | 2600 | 38y | 82 | 75y |
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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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
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