WOLFCRAIG DISTILLERS LTD

💤Zombieactive
SC558382 · ltd · incorporated 2017-02-22
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 2024
Net worth
£-1.65M
book net assets
Opportunity
72/100
Strong
🔔
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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 72/100 (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: medium (74/100)

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
Confirmed no charges registered
85
Directors & officers
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
41 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
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 £1,645,659

Key financials

1 year extracted from filed iXBRL accounts
Cash
£74k
Net Worth
-£1.6m
Current Assets
£2.1m
Current Liabilities
—

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-02-29
Total assets£1.70M
Current assets£2.08M
Cash£74.4k
Debtors£65.7k
Net assets£-1.65M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
3
filings
  • • 1 confirmation-statement
  • • 1 address
  • • 1 officers
Last 180 days
3
filings
  • • 1 confirmation-statement
  • • 1 address
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2026-04-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2026-03-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2026-01-31
    ➖
    PATERSON, Richard Cumming resigned
    director
  4. 2025-09-08
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  5. 2025-08-28
    📄
    legacy
    miscellaneous · ANNOTATION
  6. 2024-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-04-24
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2024-02-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-10-25
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2023-06-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2023-06-16
    ➖
    MOORE, John Clark resigned
    director
  12. 2023-06-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2023-02-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2023-02-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2023-01-21
    ➖
    LUNN, George Michael resigned
    director
  16. 2022-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2022-10-24
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  18. 2022-10-21
    📄
    capital-allotment-shares
    capital · SH01
  19. 2022-02-22
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  20. 2021-02-26
    📄
    capital-allotment-shares
    capital · SH01
  21. 2021-02-26
    📄
    capital-allotment-shares
    capital · SH01
  22. 2021-02-26
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  23. 2020-05-01
    ➕
    PATERSON, Richard Cumming appointed
    director
  24. 2018-09-04
    ➕
    LUNN, George Michael appointed
    director
  25. 2018-09-04
    ➕
    MOORE, John Clark appointed
    director
  26. 2017-02-22
    🏢
    Company incorporated
    As WOLFCRAIG DISTILLERS LTD
  27. 2017-02-22
    ➕
    LUNN, James Michael 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

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Richard Cumming Paterson
Individual · British · DOB 01/1949 · age 77
25–50%
—25-50% shares31/08/2023
Mr James Michael Lunn
Individual · British · DOB 07/1978 · age 48
25–50%
—25-50% shares22/02/2017
2 historic (ceased) PSCs
  • Mr John Clark Mooreceased 31/08/2023· 25-50% shares
  • Mr George Michael Lunnceased 21/01/2023· 25-50% shares

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
——£256.4k—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
Incorporated2017-02-22
Jurisdictionscotland
Primary SIC11010 — SIC 11010

Registered office

5/1 Royal Exchange Square
Glasgow
G1 3AH
Scotland

Filing status

Accounts
Next due: 2026-08-28
Last made up to: 2024-02-29
Confirmation statement
Next due: 2027-03-07
Last: 2026-02-21

Officers (1 active · 3 resigned)

LUNN, James Michael→
director · ~48y · appointed 2017-02-22
View their other companies + combined net worth →
Active
LUNN, George Michael→
director · ~84y · appointed 2018-09-04 · resigned 2023-01-21
Resigned
MOORE, John Clark→
director · ~55y · appointed 2018-09-04 · resigned 2023-06-16
Resigned
PATERSON, Richard Cumming→
director · ~77y · appointed 2020-05-01 · resigned 2026-01-31
Resigned

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

Recent filings (41 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-09
termination-director-company-with-name-termination-date
officers · TM01
2026-03-31
change-account-reference-date-company-previous-extended
accounts · AA01
2025-09-08
legacy
miscellaneous · ANNOTATION
2025-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-04-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-10-25
termination-director-company-with-name-termination-date
officers · TM01
2023-06-21
appoint-person-director-company-with-name-date
officers · AP01
2023-06-13
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-23
termination-director-company-with-name-termination-date
officers · TM01
2023-02-23