GLASGOW BEER WORKS LIMITED

🏛️Establishedactive
SC550935 · ltd · incorporated 2016-11-23
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 8.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
£-837.3k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Manufacture of beer
Sector: Manufacturing
ALSO REGISTERED FOR
  • 46342SIC 46342
  • 47250SIC 47250
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (60/100, director aged 67). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 8.9y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 8.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (82/100)

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

Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £837,324
Very low cash
Cash position: £50
Cash YoY
-6%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£50
↓ 5.7% YoY
Net Worth
-£837k
↓ 2.8% YoY
Current Assets
£2k
↓ 55% YoY
Current Liabilities
—
-£837k-£669k-£501k-£332k-£164k£4kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Total assets£-837.3k£-800.9k
Current assets£2.0k£4.3k
Cash£50£53
Debtors£1.9k£2.3k
Net assets£-837.3k£-814.8k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-10-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-10-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-03-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2024-02-29
    ➖
    MADIGAN-WHEATLEY, Jack Anthony resigned
    director
  5. 2023-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-10-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-10-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-01-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-10-08
    ➕
    MADIGAN-WHEATLEY, Jack Anthony appointed
    director
  10. 2020-10-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2020-06-11
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2019-10-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-08-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-06-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2017-05-23
    🔒
    Charge registered #1
    Lender: Dunvale Investments Limited
  16. 2016-12-08
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  17. 2016-11-23
    🏢
    Company incorporated
    As GLASGOW BEER WORKS LIMITED
  18. 2016-11-23
    ➕
    RIMMER, Allan Douglas appointed
    director
  19. 2016-11-23
    ➕
    WHEATLEY, Douglas appointed
    director
  20. 2016-11-23
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

73/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

56/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Douglas Wheatley
Individual · British · DOB 03/1959 · age 67
50–75%
50–75%50-75% shares · 50-75% voting23/11/2016
Mr Allan Douglas Rimmer
Individual · Scottish · DOB 06/1982 · age 44
25–50%
25–50%25-50% shares · 25-50% voting23/11/2016

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 →

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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
Incorporated2016-11-23
Jurisdictionscotland
Primary SIC11050 — Manufacture of beer

Registered office

Pavilion 1 Finnieston Business Park
Minerva Way
Glasgow
G3 8AU
United Kingdom

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-10-23
Last: 2025-10-09

Officers (2 active · 1 resigned)

RIMMER, Allan Douglas→
director · ~44y · appointed 2016-11-23
View their other companies + combined net worth →
Active
WHEATLEY, Douglas→
director · ~67y · appointed 2016-11-23
View their other companies + combined net worth →
Active
MADIGAN-WHEATLEY, Jack Anthony→
director · ~34y · appointed 2020-10-08 · resigned 2024-02-29
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
Dunvale Investments
Dunvale Investments Limited
A registered charge—23/05/2017—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (23 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-10
termination-director-company-with-name-termination-date
officers · TM01
2024-03-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-29
confirmation-statement-with-updates
confirmation-statement · CS01
2020-10-09
appoint-person-director-company-with-name-date
officers · AP01
2020-10-08
resolution
resolution · RESOLUTIONS
2020-06-11