ISLE OF BUTE GIN COMPANY LIMITED

🏛️Establishedactive
SC586869 · ltd · incorporated 2018-01-26
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
£-91.5k
book net assets
Opportunity
77/100
Strong
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What this business does
Primary activity: SIC 11010
Sector: Manufacturing
ALSO REGISTERED FOR
  • 46342SIC 46342
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 77/100 (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: Cash flow review and working-capital discipline. Cash down -60% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (83/100)

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

Company profile
address, 2 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
5 officers (3 active, 5 linked, 5 with DOB)
90
Ownership & PSC
2 active PSC(s) of 5 total, 5 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £91,469
Net assets shrinking
Down £94,306 YoY
Cash draining
Cash down 60% YoY
Cash YoY
-60%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£3k
↓ 60% YoY
Net Worth
-£91k
↓ 3324% YoY
Current Assets
£37k
↓ 20% YoY
Current Liabilities
—
-£91k-£64k-£36k-£9k£19k£46kJan 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£-91.5k£2.8k
Current assets£37.1k£46.4k
Cash£3.0k£7.7k
Debtors£11.4k£6.3k
Net assets£-91.5k£2.8k

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
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-10-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-10-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-10-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2024-10-22
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  5. 2024-10-22
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  6. 2024-03-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2024-02-29
    ➖
    MADIGAN-WHEATLEY, Jack Anthony resigned
    director
  8. 2023-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-10-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-10-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2021-10-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-01-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-10-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  14. 2020-10-08
    ➕
    MADIGAN-WHEATLEY, Jack Anthony appointed
    director
  15. 2020-10-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2019-10-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2019-07-19
    ➖
    TARDIVEL, Simon resigned
    director
  18. 2019-07-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2019-07-17
    ➕
    MADIGAN-WHEATLEY, Rhona Margaret appointed
    director
  20. 2019-07-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2019-07-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  22. 2018-01-26
    🏢
    Company incorporated
    As ISLE OF BUTE GIN COMPANY LIMITED
  23. 2018-01-26
    ➕
    RIMMER, Allan Douglas appointed
    director
  24. 2018-01-26
    ➕
    WHEATLEY, Douglas Gordon George appointed
    director
  25. 2018-01-26
    ➕
    TARDIVEL, Simon appointed
    director

Owner dependency

65/100
High — earn-out structure required

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

FACTORS
  • +Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

50/100
Moderate signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.

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

2 corporate shareholders identified. Group structure is distributed.

🏛️
Small Batch Group Ltd
Corporate parent · holds 25-50% shares
significant stake
🏛️
Glasgow Beer Works Ltd
Corporate parent · holds 50-75% shares · board control
majority
⬇
ISLE OF BUTE GIN COMPANY LIMITED
This company · SC586869

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

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Glasgow Beer Works Ltd
Corporate entity
50–75%
50–75%board control50-75% shares · 50-75% voting · board control26/01/2018
Small Batch Group Ltd
Corporate entity
25–50%
25–50%25-50% shares · 25-50% voting31/03/2019
3 historic (ceased) PSCs
  • Glasgow Beer Works Limitedceased 01/02/2021· 50-75% shares · 50-75% voting
  • Mr Simon Tardivelceased 31/03/2019· 25-50% shares · 25-50% voting
  • Mr Douglas Gordon George Wheatleyceased 26/01/2018· 50-75% voting

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
Incorporated2018-01-26
Jurisdictionscotland
Primary SIC11010 — SIC 11010

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: 2027-02-08
Last: 2026-01-25

Officers (3 active · 2 resigned)

MADIGAN-WHEATLEY, Rhona Margaret→
director · ~34y · appointed 2019-07-17
View their other companies + combined net worth →
Active
RIMMER, Allan Douglas→
director · ~44y · appointed 2018-01-26
View their other companies + combined net worth →
Active
WHEATLEY, Douglas Gordon George→
director · ~67y · appointed 2018-01-26
View their other companies + combined net worth →
Active
MADIGAN-WHEATLEY, Jack Anthony→
director · ~34y · appointed 2020-10-08 · resigned 2024-02-29
Resigned
TARDIVEL, Simon→
director · ~40y · appointed 2018-01-26 · resigned 2019-07-19
Resigned

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

Recent filings (26 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-10-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-10-22
termination-director-company-with-name-termination-date
officers · TM01
2024-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-29