NORTH COAST DISTILLERS LIMITED

🏛️Establishedactive

SC652661 · ltd · incorporated 2020-01-24

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 Jan 2025

Net worth

£486.5k

book net assets

Opportunity

79/100

Strong

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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 79/100 (strong), bankability 80/100. 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 (65/100).

🏦

Refinance opportunity

1 live charge · oldest 2.7y

50/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Newest facility, 2.7 years old — likely still in initial term.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (78/100)

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

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

9 officers (8 active, 9 linked, 9 with DOB)

Ownership & PSC

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

Director network

Network not yet resolved

Filing history

45 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £486,497

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£486k

↑ 144% YoY

Current Assets

£538k

↑ 64% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-01-31	2024-01-31
Total assets	£690.6k	£460.5k
Current assets	£538.1k	£328.3k
Net assets	£486.5k	£199.1k

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

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 miscellaneous
• 1 capital

Counts from Companies House filing history.

Corporate timeline (34 events)Click to expand

2026-02-17
📄
legacy
miscellaneous · RP01SH01
2026-02-16
📄
capital-allotment-shares
capital · SH01
2026-01-30
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-01-23
➖
DAIN, Dianne resigned
director
2025-10-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-31
➕
NICHOLSON, Neal Allan appointed
director
2025-03-31
📄
change-person-director-company-with-change-date
officers · CH01
2025-03-31
📄
change-person-director-company-with-change-date
officers · CH01
2025-03-31
📄
change-person-director-company-with-change-date
officers · CH01
2025-03-31
📄
change-person-director-company-with-change-date
officers · CH01
2025-03-31
📄
capital-allotment-shares
capital · SH01
2025-03-31
📄
change-person-director-company-with-change-date
officers · CH01
2025-03-31
📄
change-person-director-company-with-change-date
officers · CH01
2025-03-31
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-02-28
📄
capital-allotment-shares
capital · SH01
2025-02-05
📄
memorandum-articles
incorporation · MA
2025-02-05
📄
resolution
resolution · RESOLUTIONS
2025-01-03
📄
memorandum-articles
incorporation · MA
2024-10-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-06
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-08-06
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-08-06
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-06-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-06-03
📄
change-person-director-company-with-change-date
officers · CH01
2024-06-01
➕
TREMBLAY, Dean appointed
director
2024-06-01
➕
DAIN, Dianne appointed
director
2023-09-01
🔒
Charge registered #1
Lender: North Highland Regeneration Fund
2023-01-10
➕
MACDONALD, Duncan appointed
director
2021-02-10
➕
GOLD, Thomas David appointed
director
2021-01-10
➕
BOYLE, Gerrit James appointed
director
2020-09-04
➕
PHILLIPS, Andrew appointed
director
2020-01-24
🏢
Company incorporated
As NORTH COAST DISTILLERS LIMITED
2020-01-24
➕
MACDONALD, Duncan Alexander appointed
director
2020-01-24
➕
MACKIE, Struan appointed
director

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

-8 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 67 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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.)

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Struan Mackie Individual · British · DOB 03/1993 · age 33	—	—	sig. influencesignificant influence	24/01/2020
Mr Duncan Alexander Macdonald Individual · Canadian · DOB 09/1993 · age 33	—	—	sig. influencesignificant influence	24/01/2020

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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.

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Company details

Statusactive

Typeltd

Incorporated2020-01-24

Jurisdictionscotland

Primary SIC11010 — SIC 11010

Registered office

Murkle House Forss Business & Technology Park

Forss

Thurso

KW14 7UZ

Scotland

Filing status

Accounts

Next due: 2026-10-31

Last made up to: 2025-01-31

Confirmation statement

Next due: 2027-04-14

Last: 2026-03-31