LERWICK DISTILLERY LIMITED
No material changes in the last 30 days.
No snapshot from 90 days ago — start tracking from today.
No snapshot from 180 days ago — start tracking from today.
Opportunity 70/100 (strong), bankability 70/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: high (83/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £3.10M | £2.79M |
| Current assets | £935.1k | £525.1k |
| Net assets | £1.94M | £1.58M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 capital
- • 1 accounts
- • 2 confirmation-statement
- • 2 capital
- • 1 accounts
Corporate timeline (26 events)Click to expand
- 2026-05-13📄capital-allotment-sharescapital · SH01
- 2026-04-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2026-01-23📄memorandum-articlesincorporation · MA
- 2026-01-23📄resolutionresolution · RESOLUTIONS
- 2026-01-22📄legacymiscellaneous · RP01SH01
- 2026-01-15📄capital-allotment-sharescapital · SH01
- 2025-05-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-18📄second-filing-capital-allotment-sharescapital · RP04SH01
- 2024-11-18📄second-filing-capital-allotment-sharescapital · RP04SH01
- 2024-11-18📄second-filing-capital-allotment-sharescapital · RP04SH01
- 2024-11-15📄capital-allotment-sharescapital · SH01
- 2024-08-19📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-08-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-31➖MACINTYRE, Caroline Anne resigneddirector
- 2024-07-15📄capital-allotment-sharescapital · SH01
- 2024-04-26📄resolutionresolution · RESOLUTIONS
- 2024-04-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-03-08📄capital-allotment-sharescapital · SH01
- 2023-07-13📄capital-allotment-sharescapital · SH01
- 2023-07-13📄capital-allotment-sharescapital · SH01
- 2022-10-18➕MILLER, Calum Macaulay appointeddirector
- 2022-10-17➖MILLER, Calum Macaulay resigneddirector
- 2022-10-11➕MACINTYRE, Caroline Anne appointeddirector
- 2022-07-13🏢Company incorporatedAs LERWICK DISTILLERY LIMITED
- 2022-07-13➕WATT, Martin Robert appointeddirector
- 2022-07-13➕MILLER, Calum Macaulay appointeddirector
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanShareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Martin Robert Watt Individual · British · DOB 07/1971 · age 55 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 13/07/2022 |
2 historic (ceased) PSCs
- Ms Caroline Anne Macintyreceased 31/07/2024· 25-50% shares · board control
- Mr Calum Macaulay Millerceased 17/10/2022· 25-50% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| QA FISH LIMITED→ SC336851 · est 2008 | — | — | — | 2900 | 18y | 83 | 62y |
| SANDWICK BAKING COMPANY LIMITED→ SC210109 · est 2000 | — | — | £199.1k | — | 25y | 82 | 72y |
| SHETLAND REFRESHMENTS LIMITED→ SC190856 · est 1998 · no financials extracted | — | — | — | — | 27y | 82 | 71y |
| JOHNSON & WOOD LTD→ SC440115 · est 2013 | — | — | — | 12 | 13y | 80 | 59y |
| SHETLAND FARM DAIRIES LIMITED→ SC152412 · est 1994 | — | — | — | 10 | 31y | 80 | 69y |
| THE SHETLAND DISTILLERY COMPANY LIMITED→ SC455892 · est 2013 | — | — | — | 6 | 12y | 80 | 70y |
| PELAGIA SHETLAND LIMITED→ SC094953 · est 1985 · no financials extracted | — | — | — | — | 40y | 76 | 69y |
| QA SHELLFISH LTD→ SC552948 · est 2016 | — | — | — | 400 | 9y | 76 | 62y |
| SHETLAND SPEAKEASY LIMITED→ SC768910 · est 2023 | — | — | — | — | 3y | 76 | 58y |
| ISLAND LARDER LTD→ SC476550 · est 2014 | — | — | — | 18 | 12y | 75 | 43y |
| ISLAND FISH (SHETLAND) LTD→ SC604178 · est 2018 | — | — | £131.6k | — | 7y | 72 | 54y |
| SHETLAND CREAMERY LIMITED→ SC871204 · est 2025 · no financials extracted | — | — | — | — | — | 70 | 47y |
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 →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
Registered office
Filing status
Officers (2 active · 2 resigned)
Click a director name to see their full track record across all companies.