WALKIE TALKY BREWING CO. LIMITED

💤Zombieactive
SC675677 · ltd · incorporated 2020-09-28
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
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Turnover
year to Jun 2025
Net worth
£26.4k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Manufacture of beer
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: asset-holding vehicle 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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (77/100)

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (1 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
30 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 · accounting standard not declared
Positive net assets
Net assets £26,357

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£26k
↑ 2.4% YoY
Current Assets
£20k
↑ 24% YoY
Current Liabilities
£0£5k£11k£16k£21k£26kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£26.4k£25.7k
Current assets£20.4k£16.5k
Net assets£26.4k£25.7k

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

Recent activity

Last 30 days
1
filing
  • 1 resolution
Last 90 days
2
filings
  • 1 resolution
  • 1 accounts
Last 180 days
3
filings
  • 1 resolution
  • 1 accounts
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-05-21
    📄
    resolution
    resolution · RESOLUTIONS
  2. 2026-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2026-01-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-03-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2025-02-17
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  6. 2025-02-14
    THORNTONS LAW LLP resigned
    corporate-secretary
  7. 2024-10-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2024-03-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2023-11-14
    📄
    capital-alter-shares-subdivision
    capital · SH02
  10. 2023-11-13
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2023-10-31
    📄
    capital-allotment-shares
    capital · SH01
  12. 2023-03-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2022-09-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2022-09-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2022-06-28
    📄
    capital-alter-shares-subdivision
    capital · SH02
  16. 2022-06-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2022-06-28
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2022-06-27
    📄
    resolution
    resolution · RESOLUTIONS
  19. 2022-06-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2022-06-25
    SAUNDERSON, Joel resigned
    director
  21. 2022-06-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  22. 2022-05-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  23. 2022-05-10
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  24. 2021-02-23
    JOHNSTONE, Michael Ian appointed
    director
  25. 2020-11-20
    JOHNSTONE, Michael Ian resigned
    director
  26. 2020-09-28
    🏢
    Company incorporated
    As WALKIE TALKY BREWING CO. LIMITED
  27. 2020-09-28
    THORNTONS LAW LLP appointed
    corporate-secretary
  28. 2020-09-28
    JOHNSTONE, Michael Ian appointed
    director
  29. 2020-09-28
    SAUNDERSON, Joel appointed
    director

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 Michael Ian Johnstone
Individual · American · DOB 06/1981 · age 45
75100%
75–100%board control75-100% shares · 75-100% voting · board control28/09/2020
1 historic (ceased) PSC
  • Mr Joel Saundersonceased 25/06/2022· 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.

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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 →
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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
Incorporated2020-09-28
Jurisdictionscotland
Primary SIC11050 — Manufacture of beer

Registered office

4-6 Anderson Place
The Biscuit Factory, Studio No. 1f6
Edinburgh
EH6 5NP
Scotland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-10-11
Last: 2025-09-27

Officers (1 active · 3 resigned)

JOHNSTONE, Michael Ian
director · ~45y · appointed 2021-02-23
View their other companies + combined net worth →
Active
THORNTONS LAW LLP
corporate-secretary · appointed 2020-09-28 · resigned 2025-02-14
Resigned
JOHNSTONE, Michael Ian
director · ~45y · appointed 2020-09-28 · resigned 2020-11-20
Resigned
SAUNDERSON, Joel
director · ~39y · appointed 2020-09-28 · resigned 2022-06-25
Resigned

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

Recent filings (30 total)

resolution
resolution · RESOLUTIONS
2026-05-21
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-31
change-person-director-company-with-change-date
officers · CH01
2026-01-06
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-10
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-26
termination-secretary-company-with-name-termination-date
officers · TM02
2025-02-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-10-10
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-10
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-29
capital-alter-shares-subdivision
capital · SH02
2023-11-14
resolution
resolution · RESOLUTIONS
2023-11-13
capital-allotment-shares
capital · SH01
2023-10-31
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-10
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-28
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-22