ARDNAHOE DISTILLERY COMPANY LIMITED
🌳Matureactive
SC507595 · ltd · incorporated 2015-06-04
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£1.59M
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: SIC 11010
Sector: Manufacturing
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 71/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
5 live charges · 2 lenders · oldest 9.5y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 9.5 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Cashflow trend is negative — lender view likely cautious.
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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
43 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
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £1,593,696
Cash YoY
-25%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£104k
↓ 25% YoY
Net Worth
£1.6m
↑ 102% YoY
Current Assets
£934k
~ YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £15.63M | £15.46M |
| Current assets | £933.6k | £941.6k |
| Cash | £103.9k | £138.3k |
| Debtors | £189.8k | £233.7k |
| Net assets | £1.59M | £790.8k |
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 (25 events)Click to expand
- 2026-01-30📄accounts-with-accounts-type-smallaccounts · AA
- 2025-01-22📄accounts-with-accounts-type-smallaccounts · AA
- 2024-04-29📄accounts-with-accounts-type-smallaccounts · AA
- 2024-03-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-03-07🔒Charge registered #5Lender: Clydesdale Bank PLC (Trading as Virgin Money)
- 2022-11-30📄accounts-with-accounts-type-smallaccounts · AA
- 2022-01-31📄accounts-with-accounts-type-smallaccounts · AA
- 2021-03-29📄accounts-with-accounts-type-smallaccounts · AA
- 2020-09-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-08-27🔒Charge registered #4Lender: Clydesdale Bank PLC
- 2020-02-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-02-14🔒Charge registered #3Lender: Clydesdale Bank PLC
- 2020-01-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-12-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-19📄capital-alter-shares-consolidationcapital · SH02
- 2017-09-19📄resolutionresolution · RESOLUTIONS
- 2017-09-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2017-09-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2017-09-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2016-11-16🔒Charge registered #2Lender: Clydesdale Bank PLC
- 2016-10-03🔒Charge registered #1Lender: Clydesdale Bank PLC
- 2015-06-04🏢Company incorporatedAs ARDNAHOE DISTILLERY COMPANY LIMITED
- 2015-06-04➕LAING, Andrew William Douglas appointeddirector
- 2015-06-04➕LAING, Scott Hepburn appointeddirector
Owner dependency
71/100
High — earn-out structure requiredMaterial 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.
- +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
41/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 low5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Group structure
Hunter Laing Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Hunter Laing Holdings Limited
Corporate parent · holds 75-100% shares
⬇
ARDNAHOE DISTILLERY COMPANY LIMITED
This company · SC507595
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Hunter Laing Holdings Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 12/09/2017 |
2 historic (ceased) PSCs
- Mr Scott Hepburn Laingceased 12/09/2017· 25-50% shares · 25-50% voting
- Mr Andrew William Douglas Laingceased 12/09/2017· 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
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| 55TH PARALLEL COFFEE LTD→ SC755858 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
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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
Incorporated2015-06-04
Jurisdictionscotland
Primary SIC11010 — SIC 11010
Registered office
16 Park Circus
Glasgow
G3 6AX
Scotland
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-06-16
Last: 2025-06-02
Officers (2 active · 0 resigned)
LAING, Andrew William Douglas→
Activedirector · ~44y · appointed 2015-06-04
View their other companies + combined net worth →
LAING, Scott Hepburn→
Activedirector · ~47y · appointed 2015-06-04
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
5
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Virgin Money) | A registered charge | 1 property | 07/03/2024 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 27/08/2020 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 14/02/2020 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 16/11/2016 | — | |
| outstanding | Virgin Money Clydesdale Bank PLC | A registered charge | — | 03/10/2016 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (43 total)
accounts-with-accounts-type-small
accounts · AA
2026-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-02
accounts-with-accounts-type-small
accounts · AA
2025-01-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-09
accounts-with-accounts-type-small
accounts · AA
2024-04-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-03-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-20
accounts-with-accounts-type-small
accounts · AA
2022-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-07
accounts-with-accounts-type-small
accounts · AA
2022-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-16
accounts-with-accounts-type-small
accounts · AA
2021-03-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-09-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-02-17