SUP DRINKS LTD.

🚨Distressedactive
SC628909 · ltd · incorporated 2019-04-29
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2024
Net worth
£-44.8k
book net assets
Opportunity
61/100
Worth a look
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What this business does
Primary activity: SIC 46342
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 61/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.

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
4 connected companies via shared directors
57
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review 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 £44,816
Cash draining
Cash down 94% YoY
Cash YoY
-94%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£446
↓ 94% YoY
Net Worth
-£45k
↓ 18% YoY
Current Assets
£26k
↑ 13% YoY
Current Liabilities
-£45k-£31k-£17k-£3k£12k£26kMar 2023Mar 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-03-312023-03-31
Total assets£-44.8k£-38.0k
Current assets£25.6k£22.7k
Cash£446£7.5k
Debtors£20.7k£15.2k
Net assets£-44.8k£-38.0k

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
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2025-09-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-03-21
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2024-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-07-14
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  5. 2023-03-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2022-09-01
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2022-08-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2022-08-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2022-03-31
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  10. 2022-03-31
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2021-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-07-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2019-04-29
    🏢
    Company incorporated
    As SUP DRINKS LTD.
  14. 2019-04-29
    GRIERSON, Christopher Robert appointed
    director
  15. 2019-04-29
    📄
    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 7 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

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-31

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Christopher Robert Grierson
Individual · British · DOB 06/1980 · age 46
75100%
75–100%75-100% shares · 75-100% voting29/04/2019

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

9 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
Incorporated2019-04-29
Jurisdictionscotland
Primary SIC46342 — SIC 46342

Registered office

28 Rutland Square
Edinburgh
EH1 2BW
Scotland

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-03-31
Confirmation statement
Next due: 2027-05-12
Last: 2026-04-28

Officers (1 active · 0 resigned)

GRIERSON, Christopher Robert
director · ~46y · appointed 2019-04-29
View their other companies + combined net worth →
Active

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

Recent filings (20 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-09-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-31
certificate-change-of-name-company
change-of-name · CERTNM
2023-07-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-28
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-03-31
gazette-filings-brought-up-to-date
gazette · DISS40
2022-09-01
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-08-31
gazette-notice-compulsory
gazette · GAZ1
2022-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-28
change-account-reference-date-company-current-shortened
accounts · AA01
2022-03-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-03-31