PITA 1319 WHISKY CO LIMITED

🏛️Establishedactive
SC631534 · ltd · incorporated 2019-05-24
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 May 2025
Net worth
£17.6k
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: dormant / non-trading 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. Biggest value-creation lever: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. 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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
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
Positive net assets
Net assets £17,550
High leverage
Liabilities are 100% of total assets
Leverage
100%
Liabilities / Total assets

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£18k
~ YoY
Current Assets
£18k
~ YoY
Current Liabilities
£0£4k£7k£11k£14k£18kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£17.6k£17.6k
Current assets£17.6k£17.6k
Net assets£17.6k£17.6k

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
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2026-02-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-06-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-03-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2022-11-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-06-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2020-07-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-07-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2019-05-24
    🏢
    Company incorporated
    As PITA 1319 WHISKY CO LIMITED
  11. 2019-05-24
    MEIKLE, Neil William Hugh appointed
    director
  12. 2019-05-24
    WATT, Martin Robert appointed
    director
  13. 2019-05-24
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
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.
  • +No director turnover: Company is 7 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Martin Robert Watt
Individual · British · DOB 07/1971 · age 55
75100%
75–100%75-100% shares · 75-100% voting24/05/2019

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

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
Incorporated2019-05-24
Jurisdictionscotland
Primary SIC74990 — Non-trading company

Registered office

36 Angusfield Lane
36 Angusfield Avenue
Aberdeen
AB15 6AQ
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-06
Last: 2025-05-23

Officers (2 active · 0 resigned)

MEIKLE, Neil William Hugh
director · ~49y · appointed 2019-05-24
View their other companies + combined net worth →
Active
WATT, Martin Robert
director · ~55y · appointed 2019-05-24
View their other companies + combined net worth →
Active

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

Recent filings (16 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-27
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-28
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-03-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-06-07
confirmation-statement-with-updates
confirmation-statement · CS01
2020-07-08
accounts-with-accounts-type-micro-entity
accounts · AA
2020-07-08
appoint-person-director-company-with-name-date
officers · AP01
2020-07-08