HIGHLAND WHISKY AUCTIONS LIMITED
🏛️Establishedactive
SC696994 · ltd · incorporated 2021-04-27
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 Apr 2025
Net worth
£-29.8k
book net assets
Opportunity
71/100
Strong
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 71/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).
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
5 officers (2 active, 5 linked, 5 with DOB)
90
Ownership & PSC
2 active PSC(s) of 5 total, 5 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £29,819
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£30k
↓ 113% YoY
Current Assets
£147k
↑ 456% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £62.7k | £48.5k |
| Current assets | £146.8k | £26.4k |
| Net assets | £-29.8k | £-14.0k |
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 (29 events)Click to expand
- 2026-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-05-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-03-25➕WILLIAMSON, Michael Ian appointeddirector
- 2024-03-25➖GAULD, Ian Stewart resigneddirector
- 2024-03-25📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-03-25📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-10-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-09-19➕PAYNE, Oliver appointeddirector
- 2023-09-19➖BAIN, Ryan James resigneddirector
- 2023-09-19➕GAULD, Ian Stewart appointeddirector
- 2023-09-19➖MAXTONE-BAIN, Cherie resigneddirector
- 2023-09-19📄change-person-director-company-with-change-dateofficers · CH01
- 2023-09-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-09-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-09-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-09-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-09-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-09-19📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-09-19📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-09-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-09-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-05-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-08-01📄change-person-director-company-with-change-dateofficers · CH01
- 2021-04-27🏢Company incorporatedAs HIGHLAND WHISKY AUCTIONS LIMITED
- 2021-04-27➕BAIN, Ryan James appointeddirector
- 2021-04-27➕MAXTONE-BAIN, Cherie appointeddirector
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Town And County Limited holds 25-50% — a significant corporate investor but not a controlling parent.
🏛️significant stake
Town And County Limited
Corporate parent · holds 25-50% shares · board control
⬇
HIGHLAND WHISKY AUCTIONS LIMITED
This company · SC696994
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Town And County Limited Corporate entity | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 01/10/2023 |
Mr Oliver Payne Individual · British · DOB 02/1983 · age 43 | 25–50% | — | 25-50% shares | 19/09/2023 |
3 historic (ceased) PSCs
- Mr Ian Stewart Gauldceased 01/10/2023· 25-50% shares
- Mr Ryan James Bainceased 19/09/2023· 75-100% shares · 75-100% voting · board control
- Mrs Cherie Maxtone-Bainceased 19/09/2023· 25-50% shares · 25-50% voting
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 · Wholesale & distribution · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| KNC GROUNDWORKS LIMITED→ SC451952 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| KODAF LIMITED→ SC768755 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| LEROCK LTD→ SC752979 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| LHR MARINE LIMITED→ SC204492 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| LOLI-LOSSIEN UK LTD→ SC399089 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| LONDON BABY LTD→ SC833613 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| LONG TECHNOLOGY LIMITED→ SC105350 · est 1987 · no financials extracted | — | — | — | — | 38y | — | — |
| LOSEFORLESS LIMITED→ SC871989 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| LYDIE PRIVATE LTD→ SC867728 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| M.AARIZ LIMITED→ SC781988 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| MADEWELL FOODS LTD→ SC727474 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| MAINLAND TIMBER LTD→ SC855182 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2021-04-27
Jurisdictionscotland
Primary SIC46342 — SIC 46342
Registered office
Unit 4 Blackburn Industrial Estate
Kinellar
Aberdeen
AB21 0RX
Scotland
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-10-25
Last: 2025-10-11
Officers (2 active · 3 resigned)
PAYNE, Oliver→
Activedirector · ~43y · appointed 2023-09-19
View their other companies + combined net worth →
WILLIAMSON, Michael Ian→
Activedirector · ~43y · appointed 2024-03-25
View their other companies + combined net worth →
BAIN, Ryan James→
Resigneddirector · ~35y · appointed 2021-04-27 · resigned 2023-09-19
GAULD, Ian Stewart→
Resigneddirector · ~42y · appointed 2023-09-19 · resigned 2024-03-25
MAXTONE-BAIN, Cherie→
Resigneddirector · ~33y · appointed 2021-04-27 · resigned 2023-09-19
Click a director name to see their full track record across all companies.
Recent filings (31 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-21
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-28
appoint-person-director-company-with-name-date
officers · AP01
2024-05-09
termination-director-company-with-name-termination-date
officers · TM01
2024-05-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-03-25
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-03-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-10-25
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-25
change-person-director-company-with-change-date
officers · CH01
2023-09-19
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-19
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-09-19
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-09-19
termination-director-company-with-name-termination-date
officers · TM01
2023-09-19