ORKNEY DISTILLING LIMITED
🌳Matureactive
SC525595 · ltd · incorporated 2016-02-01
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 Feb 2025
Net worth
£-154.5k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: SIC 11010
Sector: Manufacturing
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 80/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -74% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · oldest 7.9y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 7.9 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · 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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (4 active, 4 linked, 3 with DOB)
85
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £154,508
Cash draining
Cash down 74% YoY
Cash YoY
-74%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£13k
↓ 74% YoY
Net Worth
-£155k
↓ 501% YoY
Current Assets
£298k
↑ 3.9% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £268.4k | £394.4k |
| Current assets | £298.1k | £286.9k |
| Cash | £13.1k | £50.8k |
| Debtors | £73.3k | £38.6k |
| Net assets | £-154.5k | £-25.7k |
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
9
filings
- • 3 capital
- • 3 persons-with-significant-control
- • 2 officers
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2026-02-27📄capital-allotment-sharescapital · SH01
- 2026-02-27📄capital-allotment-sharescapital · SH01
- 2026-02-27📄capital-allotment-sharescapital · SH01
- 2026-02-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-02-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-02-13📄change-person-director-company-with-change-dateofficers · CH01
- 2026-02-13📄change-person-director-company-with-change-dateofficers · CH01
- 2025-12-18📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-09📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2025-04-09📄capital-allotment-sharescapital · SH01
- 2025-04-09📄capital-name-of-class-of-sharescapital · SH08
- 2025-04-08📄resolutionresolution · RESOLUTIONS
- 2025-03-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-03-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-03-01➕REEMAN-CLARK, Anthony appointeddirector
- 2024-11-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-11-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-11-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-11-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-09-05🔒Charge registered #2Lender: Bank of Scotland PLC
- 2018-07-16🔒Charge registered #1Lender: Bank of Scotland PLC
- 2017-02-01➕KEMP, Alyson Stevenson appointedsecretary
- 2016-02-01🏢Company incorporatedAs ORKNEY DISTILLING LIMITED
- 2016-02-01➕KEMP, Alyson Stevenson appointeddirector
- 2016-02-01➕KEMP, Stephen Charles Ritchie appointeddirector
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder age: Director aged approximately 71 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Anthony Reeman-Clark Individual · British · DOB 06/1955 · age 71 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/03/2025 |
Mr Stephen Charles Ritchie Kemp Individual · Scottish · DOB 09/1981 · age 45 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
Mrs Alyson Stevenson Kemp Individual · British · DOB 08/1988 · age 38 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
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
Active · Food & drink · KW postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ARGO'S BAKERY LIMITED→ SC082881 · est 1983 | — | — | £550.3k | — | 43y | 83 | 66y |
| CRANTIT DAIRY→ SC141498 · est 1992 · no financials extracted | — | — | — | — | 33y | 79 | 80y |
| JOHN O'GROATS BREWERY LTD→ SC424589 · est 2012 | — | — | £40.8k | — | 14y | 79 | 66y |
| LRM TRADING LTD→ SC285556 · est 2005 | — | — | £228.3k | — | 21y | 79 | 59y |
| NORTH COAST DISTILLERS LIMITED→ SC652661 · est 2020 | — | — | £486.5k | — | 6y | 79 | 67y |
| HIGHLAND BREWING COMPANY LIMITED→ SC263315 · est 2004 | — | — | — | 6 | 22y | 77 | 65y |
| JOHNSTONS OF THURSO LTD→ SC619863 · est 2019 | — | — | — | — | 7y | 76 | 63y |
| ORKNEY FUDGE LTD.→ SC198002 · est 1999 | — | — | — | — | 26y | 76 | 66y |
| ANNIE'S BAKERY LIMITED→ SC439693 · est 2013 | — | — | £57.1k | — | 13y | 73 | 34y |
| CAPALDIS BRORA LTD→ SC555799 · est 2017 | — | — | £16.1k | — | 9y | 73 | 35y |
| DUNROBIN HIGHLAND DISTILLERY LIMITED→ SC520078 · est 2015 | — | — | — | 0 | 10y | 73 | 55y |
| ORKNEY SPIRITS LIMITED→ SC580438 · est 2017 | — | — | £190.0k | — | 8y | 72 | 55y |
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
Incorporated2016-02-01
Jurisdictionscotland
Primary SIC11010 — SIC 11010
Registered office
Ayre Road
Kirkwall
Orkney
KW15 1QX
United Kingdom
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-14
Last: 2026-01-31
Officers (4 active · 0 resigned)
KEMP, Alyson Stevenson→
Activesecretary · appointed 2017-02-01
View their other companies + combined net worth →
KEMP, Alyson Stevenson→
Activedirector · ~38y · appointed 2016-02-01
View their other companies + combined net worth →
KEMP, Stephen Charles Ritchie→
Activedirector · ~45y · appointed 2016-02-01
View their other companies + combined net worth →
REEMAN-CLARK, Anthony→
Activedirector · ~71y · appointed 2025-03-01
View their other companies + combined net worth →
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 05/09/2018 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 16/07/2018 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (37 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-27
capital-allotment-shares
capital · SH01
2026-02-27
capital-allotment-shares
capital · SH01
2026-02-27
capital-allotment-shares
capital · SH01
2026-02-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-13
change-person-director-company-with-change-date
officers · CH01
2026-02-13
change-person-director-company-with-change-date
officers · CH01
2026-02-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-12-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-30
capital-variation-of-rights-attached-to-shares
capital · SH10
2025-04-09
capital-allotment-shares
capital · SH01
2025-04-09
capital-name-of-class-of-shares
capital · SH08
2025-04-09
resolution
resolution · RESOLUTIONS
2025-04-08
appoint-person-director-company-with-name-date
officers · AP01
2025-03-24