BLACK WHIPPET LIMITED

💤Zombieactive
SC711657 · ltd · incorporated 2021-10-07
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
Upgrade to see
Turnover
year to Oct 2024
Net worth
£14.6k
book net assets
Opportunity
72/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
Investor take
Pursue
Strong opportunity: active trading company 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).

🏦

Refinance opportunity

2 live charges · oldest 2.8y

10/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Newest facility, 2.8 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
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
Network not yet resolved
30
Filing history
21 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
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
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 £14,592
Net assets shrinking
Down £15,144 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£15k
↓ 51% YoY
Current Assets
£71k
↓ 6.9% YoY
Current Liabilities
£0£15k£30k£45k£61k£76kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31
Total assets£14.6k£29.7k
Current assets£70.5k£75.8k
Net assets£14.6k£29.7k

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-10-11
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2025-10-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-09-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2025-03-19
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  5. 2025-03-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-10-11
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  7. 2024-09-24
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2023-12-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2023-10-17
    📄
    dissolution-withdrawal-application-strike-off-company
    dissolution · DS02
  10. 2023-10-10
    📄
    dissolution-voluntary-strike-off-suspended
    dissolution · SOAS(A)
  11. 2023-09-05
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  12. 2023-08-25
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  13. 2023-07-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2023-07-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2023-07-11
    🔒
    Charge registered #1
    Lender: Tennent Caledonian Breweries UK Limited
  16. 2023-07-07
    🔒
    Charge registered #2
    Lender: Tennent Caledonian Breweries UK Limited
  17. 2021-11-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2021-11-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2021-10-07
    🏢
    Company incorporated
    As BLACK WHIPPET LIMITED
  20. 2021-10-07
    GILLESPIE, Mhairi Verner Joan appointed
    director
  21. 2021-10-07
    📄
    incorporation-company
    incorporation · NEWINC

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
Ms Mhairi Verner Joan Gillespie
Individual · British · DOB 07/1994 · age 32
75100%
75–100%board control75-100% shares · 75-100% voting · board control07/10/2021

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

Similar companies

Active · Hospitality · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BEIRUT SKY LIMITED
SC566048 · est 2017 · no financials extracted
8y
BELL 49 LTD
SC787999 · est 2023 · no financials extracted
2y
BENVIEW COFFEE SHOP LIMITED
SC529494 · est 2016 · no financials extracted
10y
BLACKFRIARS STREET (GLASGOW) LTD
SC882827 · est 2026 · no financials extracted
BLANC EVENTS LTD
SC744412 · est 2022 · no financials extracted
3y
BLUES BLUEBELL LIMITED
SC761657 · est 2023 · no financials extracted
3y
BLUSHING BRIDES EVENTS (GLASGOW) LIMITED
SC788069 · est 2023 · no financials extracted
2y
BM FOOD EXPRESS LTD
SC847886 · est 2025 · no financials extracted
BM9 LTD
SC661620 · est 2020 · no financials extracted
5y
BMB EF LIMITED
SC680206 · est 2020 · no financials extracted
5y
BMB ELR LIMITED
SC595144 · est 2018 · no financials extracted
7y
BMB ENB LIMITED
SC708402 · est 2021 · no financials extracted
4y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2021-10-07
Jurisdictionscotland
Primary SIC56101 — Licenced restaurants

Registered office

82 Berkeley Street
Glasgow
G3 7DS
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-20
Last: 2025-10-06

Officers (1 active · 0 resigned)

GILLESPIE, Mhairi Verner Joan
director · ~32y · appointed 2021-10-07
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Tennent Caledonian Breweries UK
Tennent Caledonian Breweries UK Limited
A registered charge11/07/2023
outstanding
Tennent Caledonian Breweries UK
Tennent Caledonian Breweries UK Limited
A registered charge1 property07/07/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (21 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-17
gazette-filings-brought-up-to-date
gazette · DISS40
2025-10-11
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-10
gazette-notice-compulsory
gazette · GAZ1
2025-09-30
gazette-filings-brought-up-to-date
gazette · DISS40
2025-03-19
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-18
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-10-11
gazette-notice-compulsory
gazette · GAZ1
2024-09-24
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-14
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-21
dissolution-withdrawal-application-strike-off-company
dissolution · DS02
2023-10-17
dissolution-voluntary-strike-off-suspended
dissolution · SOAS(A)
2023-10-10
gazette-notice-voluntary
gazette · GAZ1(A)
2023-09-05
dissolution-application-strike-off-company
dissolution · DS01
2023-08-25