SLAINS CASTLE SPIRIT COMPANY LTD

🏛️Establishedactive

SC605501 · ltd · incorporated 2018-08-16

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 Aug 2025

Net worth

—

book net assets

Opportunity

72/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 11010

Sector: Manufacturing

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

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. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: high (82/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (2 active, 2 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

9 connected companies via shared directors

Filing history

15 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

72/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-08-31	2024-08-31

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

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (11 events)Click to expand

2025-09-25
📄
accounts-with-accounts-type-dormant
accounts · AA
2025-05-13
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-03-25
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-10-07
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-03-14
📄
accounts-with-accounts-type-dormant
accounts · AA
2020-10-01
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-10-09
📄
accounts-with-accounts-type-dormant
accounts · AA
2018-08-16
🏢
Company incorporated
As SLAINS CASTLE SPIRIT COMPANY LTD
2018-08-16
➕
ELRICK, Colin William appointed
director
2018-08-16
➕
ELRICK, Nikki Jane appointed
director
2018-08-16
📄
incorporation-company
incorporation · NEWINC

Owner dependency

71/100

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.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
+No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

36/100

Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS

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

Name	Shares	Voting rights	Nature of control	Notified
Mrs Nikki Jane Elrick Individual · British · DOB 12/1973 · age 53	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	16/08/2018
Mr Colin William Elrick Individual · British · DOB 05/1969 · age 57	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	16/08/2018

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 · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
KEPAK GROUP LIMITED→ SC440783 · est 2013	£32.76M £24.14M–£41.39M	£648.38M	—	147800	13y	89	75y
EAST COAST VINERS GRAIN (DRUMLITHIE) LIMITED→ SC465482 · est 2013	£10.04M £7.40M–£12.68M	£55.24M	—	6600	12y	95	79y
MACKIE'S LIMITED→ SC030096 · est 1954	£8.51M £6.27M–£10.75M	—	—	115	71y	84	62y
COLIN FRASER LIMITED→ SC236839 · est 2002	—	—	£690.5k	—	23y	82	65y
GRANITE CITY FISH LIMITED→ SC130588 · est 1991	—	—	£327.0k	—	35y	82	66y
GT SEAFOODS LIMITED→ SC241817 · est 2003	—	—	£2.21M	—	23y	82	62y
HOME BAKERY (BUCKIE) LIMITED→ SC104797 · est 1987	—	—	—	2600	38y	82	75y
J H MILNE (PETERHEAD) LIMITED→ SC181790 · est 1997	—	—	£723.9k	—	28y	82	75y
J.G. ROSS (BAKERS) LIMITED→ SC062889 · est 1977	—	—	£3.22M	—	48y	82	64y
M GEDDES LTD.→ SC277504 · est 2004	—	—	£176.6k	—	21y	82	63y
SINCLAIR'S OF RHYNIE LIMITED→ SC314515 · est 2007	—	—	£1.17M	—	19y	82	62y
SUMMER ISLES FOODS (1993) LIMITED→ SC142422 · est 1993 · no financials extracted	—	—	—	—	33y	82	65y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 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

Incorporated2018-08-16

Jurisdictionscotland

Primary SIC11010 — SIC 11010

Registered office

Mains Of Fedderate

Maud

Peterhead

AB42 4QF

United Kingdom

Filing status

Accounts

Next due: 2027-05-31

Last made up to: 2025-08-31

Confirmation statement

Next due: 2026-08-05

Last: 2025-07-22

Officers (2 active · 0 resigned)

ELRICK, Colin William→

director · ~57y · appointed 2018-08-16

View their other companies + combined net worth →

Active

ELRICK, Nikki Jane→

director · ~53y · appointed 2018-08-16

View their other companies + combined net worth →

Active

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