CLYDE WHISKY LTD

💤Zombieactive
SC604487 · ltd · incorporated 2018-08-06
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 Jun 2024
Net worth
£-56.1k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: SIC 11010
Sector: Manufacturing
ALSO REGISTERED FOR
  • 47910Retail sale via mail order houses or via Internet
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 (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
25 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 · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £56,055

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£56k
↓ 56% YoY
Current Assets
£40k
↓ 36% YoY
Current Liabilities
-£56k-£32k-£8k£15k£39k£63kJun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-06-302023-06-30
Total assets£33.9k£64.1k
Current assets£40.2k£63.0k
Net assets£-56.1k£-35.9k

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 (22 events)Click to expand
  1. 2025-06-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-08-21
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2024-08-20
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2024-03-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-06-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2022-08-25
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2022-08-23
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2022-04-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-04-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2022-04-19
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2022-04-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2022-04-13
    FRAME, Ross David resigned
    director
  14. 2021-06-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2021-05-27
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  16. 2021-01-20
    📄
    resolution
    resolution · RESOLUTIONS
  17. 2020-11-04
    📄
    resolution
    resolution · RESOLUTIONS
  18. 2020-02-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2018-08-06
    🏢
    Company incorporated
    As CLYDE WHISKY LTD
  20. 2018-08-06
    WOODBURN, William appointed
    director
  21. 2018-08-06
    FRAME, Ross David appointed
    director
  22. 2018-08-06
    📄
    incorporation-company
    incorporation · NEWINC

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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr William Woodburn
Individual · British · DOB 05/1988 · age 38
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/08/2018
1 historic (ceased) PSC
  • Mr Ross David Frameceased 13/04/2022· 25-50% shares · 25-50% voting · board control

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
Incorporated2018-08-06
Jurisdictionscotland
Primary SIC11010 — SIC 11010

Registered office

505 Great Western Road
Glasgow
G12 8HN
Scotland

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-06-17
Last: 2025-06-03

Officers (1 active · 1 resigned)

WOODBURN, William
director · ~38y · appointed 2018-08-06
View their other companies + combined net worth →
Active
FRAME, Ross David
director · ~36y · appointed 2018-08-06 · resigned 2022-04-13
Resigned

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

Recent filings (25 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-12
gazette-filings-brought-up-to-date
gazette · DISS40
2024-08-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-20
gazette-notice-compulsory
gazette · GAZ1
2024-08-20
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-28
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-06-12
gazette-filings-brought-up-to-date
gazette · DISS40
2022-08-25
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-24
gazette-notice-compulsory
gazette · GAZ1
2022-08-23
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-04-19
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-04-19