OVENSTONE 109 LIMITED

💤Zombieactive
SC557478 · ltd · incorporated 2017-02-13
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 Feb 2025
Net worth
book net assets
Opportunity
71/100
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.

What this business does
Primary activity: Manufacture of beer
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

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: high (80/100)

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-29
Average employees0200

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 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
  1. 2026-01-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-11-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-11-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-10-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-10-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-01-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-11-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2018-11-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2017-02-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2017-02-13
    🏢
    Company incorporated
    As OVENSTONE 109 LIMITED
  11. 2017-02-13
    FLEMING, Nicholas Cain Kinrade appointed
    director
  12. 2017-02-13
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
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.

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 Nick Fleming
Individual · British · DOB 03/1976 · age 50
75100%
75–100%board control75-100% shares · 75-100% voting · board control13/02/2017

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 · KY postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
R.T. STUART LIMITED
SC021805 · est 1941
£5.39M
£3.97M£6.81M
1610084y8476y
KETTLE PRODUCE LIMITED
SC097725 · est 1986
£4.91M
£3.62M£6.20M
9870040y8365y
ALLSON SPARKLE LIMITED
SC089716 · est 1984
£4.75M
£3.50M£6.00M
£14.81M560041y8560y
INNOVATE FOODS LIMITED
SC116286 · est 1989
£4.34M
£3.20M£5.48M
£26.99M1090037y7965y
SE WATSON CONSULTING LIMITED
SC301608 · est 2006
20019y8059y
GFJK LTD
SC423364 · est 2012
£33413y7966y
R.T. STUART BAKERS LIMITED
SC568235 · est 2017
6008y7976y
BREW SHED BEERS LIMITED
SC525036 · est 2016
£1.6k10y7863y
BRUCEHAVEN BREWERY LTD.
SC528773 · est 2016
10y7863y
EAT & GO PHOENIX FOOD COMPANY LIMITED
SC327774 · est 2007
£39.9k18y7878y
FISHER & DONALDSON (ST. ANDREWS) LIMITED
SC037437 · est 1962
1460064y7869y
OPEN DISTILLERY LIMITED
SC565581 · est 2017 · no financials extracted
8y
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
Incorporated2017-02-13
Jurisdictionscotland
Primary SIC11050 — Manufacture of beer

Registered office

Ovenstone Works
Ovenstone
Anstruther
KY10 2RR
United Kingdom

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-26
Last: 2026-02-12

Officers (1 active · 0 resigned)

FLEMING, Nicholas Cain Kinrade
director · ~50y · appointed 2017-02-13
View their other companies + combined net worth →
Active

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

Recent filings (19 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-19
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-27
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-26
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-06
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-03
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-04
accounts-with-accounts-type-micro-entity
accounts · AA
2021-01-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-13
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-02-18