THE CAIRNGORM BREWERY CO. LTD.

🌳Matureactive
SC199932 · ltd · incorporated 1999-09-16
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 Jun 2025
Net worth
book net assets
Opportunity
83/100
Exceptional
🔔
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What this business does
Primary activity: Manufacture of beer
Sector: Manufacturing
ALSO REGISTERED FOR
  • 56302Public houses and bars
Investor take
Pursue
Active trading company with a 74-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 67/100. Strong seller-intent signal (63/100, director aged 74). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 24.1y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 24.1 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
13 officers (4 active, 13 linked, 9 with DOB)
84
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
99 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
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£0Jun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30
Average employees18002900

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

🔒Filing-note intelligence

4 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
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
  1. 2025-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-17
    📄
    capital-allotment-shares
    capital · SH01
  3. 2025-03-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-03-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-04-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2023-03-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-02-02
    📄
    capital-allotment-shares
    capital · SH01
  8. 2022-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-09-08
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  10. 2021-02-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2021-02-12
    WHITTLE, Colin Douglas Richardson resigned
    director
  12. 2020-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-05-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-04-12
    MCINTOSH, Gemma appointed
    director
  15. 2019-04-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2018-12-27
    📄
    capital-allotment-shares
    capital · SH01
  17. 2018-06-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-06-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  19. 2017-02-28
    SANDBACH, Merlin appointed
    director
  20. 2015-08-24
    🔒
    Charge registered #3
    Lender: Lloyds Bank Commercial Finance Limited
  21. 2015-03-30
    MCLEAN, Margaret Elaine resigned
    secretary
  22. 2014-11-04
    MCLEAN, Margaret Elaine appointed
    secretary
  23. 2014-11-04
    TYLER, Elizabeth Martha resigned
    secretary
  24. 2014-04-30
    TOMLINSON, Damon Sean resigned
    director
  25. 2011-10-28
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  26. 2008-06-10
    TOMLINSON, Damon Sean appointed
    director
  27. 2007-09-27
    FAIRCLIFF, Samantha Jane appointed
    director
  28. 2007-09-27
    RODERICK, Guy Allen resigned
    director
  29. 2007-07-31
    WALKER, Robert Ross resigned
    director
  30. 2007-04-20
    FAIRCLIFF, Samantha Jane resigned
    director
  31. 2004-07-01
    WALKER, Robert Ross appointed
    director
  32. 2003-09-30
    RODERICK, Guy Allen appointed
    director
  33. 2003-08-01
    WHITTLE, Colin Douglas Richardson appointed
    director
  34. 2002-04-11
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  35. 2001-08-01
    RILEY, Martin John appointed
    director
  36. 2001-07-01
    TYLER, Elizabeth Martha appointed
    secretary
  37. 2001-07-01
    FAIRCLIFF, Samantha Jane appointed
    director
  38. 1999-09-16
    🏢
    Company incorporated
    As THE CAIRNGORM BREWERY CO. LTD.
  39. 1999-09-16
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  40. 1999-09-16
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  41. 1999-09-16
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  42. 1999-09-16
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

65/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 74 — succession pressure is live.

Succession & seller-readiness

90/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 27 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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 Martin John Riley
Individual · British · DOB 03/1952 · age 74
75100%
75-100% shares06/04/2016
1 historic (ceased) PSC
  • Laidlaw International Limitedceased 21/05/2018· 50-75% shares

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

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
Incorporated1999-09-16
Jurisdictionscotland
Primary SIC11050 — Manufacture of beer

Registered office

12 Dalfaber Industrial Estate
Dalfaber Drive
Aviemore
Inverness-Shire
PH22 1ST

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-04-06
Last: 2026-03-23

Officers (4 active · 9 resigned)

FAIRCLIFF, Samantha Jane
director · ~62y · appointed 2007-09-27
View their other companies + combined net worth →
Active
MCINTOSH, Gemma
director · ~43y · appointed 2019-04-12
View their other companies + combined net worth →
Active
RILEY, Martin John
director · ~74y · appointed 2001-08-01
View their other companies + combined net worth →
Active
SANDBACH, Merlin
director · ~56y · appointed 2017-02-28
View their other companies + combined net worth →
Active
MCLEAN, Margaret Elaine
secretary · appointed 2014-11-04 · resigned 2015-03-30
Resigned
TYLER, Elizabeth Martha
secretary · appointed 2001-07-01 · resigned 2014-11-04
Resigned
BRIAN REID LTD.
corporate-nominee-secretary · appointed 1999-09-16 · resigned 1999-09-16
Resigned
FAIRCLIFF, Samantha Jane
director · ~62y · appointed 2001-07-01 · resigned 2007-04-20
Resigned
RODERICK, Guy Allen
director · ~87y · appointed 2003-09-30 · resigned 2007-09-27
Resigned
TOMLINSON, Damon Sean
director · ~69y · appointed 2008-06-10 · resigned 2014-04-30
Resigned
WALKER, Robert Ross
director · ~54y · appointed 2004-07-01 · resigned 2007-07-31
Resigned
WHITTLE, Colin Douglas Richardson
director · ~79y · appointed 2003-08-01 · resigned 2021-02-12
Resigned
STEPHEN MABBOTT LTD.
corporate-nominee-director · appointed 1999-09-16 · resigned 1999-09-16
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Bank Commercial Finance Limited
A registered charge24/08/2015
outstanding
Lloyds Banking Group
Bank of Scotland PLC
Standard security1 property28/10/2011
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property11/04/2002
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (99 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-19
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-23
capital-allotment-shares
capital · SH01
2025-03-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-04-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-24
capital-allotment-shares
capital · SH01
2023-02-02
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-08
change-account-reference-date-company-previous-extended
accounts · AA01
2021-09-08