SALTIRE RARE MALT LIMITED

🌿Early-stageactive
SC720612 · ltd · incorporated 2022-01-21
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: SIC 46342
Sector: Wholesale & retail
Investor take
Pursue
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 71/100 (strong), bankability 70/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: high (81/100)

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
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
17 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
60
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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees300300

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

🔒Filing-note intelligence

2 signals 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
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-12-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-03-12
    KURIHARA, Mitsuyo resigned
    director
  4. 2024-12-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-11-23
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2024-11-19
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2024-06-27
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  8. 2023-12-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2023-12-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2023-12-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2023-12-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2023-12-09
    RENNIE, Erin Clara appointed
    director
  13. 2023-12-09
    KURIHARA, Mitsuyo appointed
    director
  14. 2023-12-09
    KURIHARA, Mitsuyo resigned
    director
  15. 2023-12-09
    KURIHARA, Mitsuyo appointed
    director
  16. 2023-09-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2023-03-09
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  18. 2022-01-21
    🏢
    Company incorporated
    As SALTIRE RARE MALT LIMITED
  19. 2022-01-21
    RENNIE, Keith Thomas appointed
    director
  20. 2022-01-21
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

66/100
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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Saltire Corporation Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Saltire Corporation Limited
Corporate parent · holds 75-100% shares
ultimate parent
SALTIRE RARE MALT LIMITED
This company · SC720612

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Saltire Corporation Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting · firm interest21/01/2022

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
Incorporated2022-01-21
Jurisdictionscotland
Primary SIC46342 — SIC 46342

Registered office

Old Town House High Street
Falkland
Cupar
Fife
KY15 7BU
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-17
Last: 2025-09-03

Officers (2 active · 2 resigned)

RENNIE, Erin Clara
director · ~27y · appointed 2023-12-09
View their other companies + combined net worth →
Active
RENNIE, Keith Thomas
director · ~57y · appointed 2022-01-21
View their other companies + combined net worth →
Active
KURIHARA, Mitsuyo
director · ~60y · appointed 2023-12-09 · resigned 2023-12-09
Resigned
KURIHARA, Mitsuyo
director · ~60y · appointed 2023-12-09 · resigned 2025-03-12
Resigned

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

Recent filings (17 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-29
termination-director-company-with-name-termination-date
officers · TM01
2025-03-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-03
gazette-filings-brought-up-to-date
gazette · DISS40
2024-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-20
gazette-notice-compulsory
gazette · GAZ1
2024-11-19
change-account-reference-date-company-previous-extended
accounts · AA01
2024-06-27
appoint-person-director-company-with-name-date
officers · AP01
2023-12-11
termination-director-company-with-name-termination-date
officers · TM01
2023-12-11
appoint-person-director-company-with-name-date
officers · AP01
2023-12-11
appoint-person-director-company-with-name-date
officers · AP01
2023-12-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-05
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-03-09