GLENRINNES DISTILLERY LIMITED

🏛️Establishedactive
SC543737 · ltd · incorporated 2016-08-25
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
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Turnover
year to Jun 2025
Net worth
£-3.33M
book net assets
Opportunity
77/100
Strong
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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 77/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 73). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (82/100)

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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £3,334,613
Cash YoY
+425%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£164k
↑ 425% YoY
Net Worth
-£3.3m
↓ 30% YoY
Current Assets
Current Liabilities
-£3.3m-£2.6m-£1.9m-£1.2m-£536k£164kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Cash£164.0k£31.2k
Net assets£-3.33M£-2.56M

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

🔒Filing-note intelligence

3 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
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-07-04
    📍
    move-registers-to-registered-office-company-with-new-address
    address · AD04
  3. 2025-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-03-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-09-13
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  6. 2023-09-13
    📄
    legacy
    other · GUARANTEE2
  7. 2023-09-13
    📄
    legacy
    other · AGREEMENT2
  8. 2023-09-13
    📄
    legacy
    accounts · PARENT_ACC
  9. 2023-08-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2023-02-23
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  11. 2023-02-14
    📄
    accounts-with-accounts-type-full
    accounts · AA
  12. 2023-01-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2022-05-31
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  14. 2021-05-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2020-08-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2020-05-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2019-07-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2019-02-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2016-08-25
    🏢
    Company incorporated
    As GLENRINNES DISTILLERY LIMITED
  20. 2016-08-25
    CHRISTOU, Alexander James appointed
    director
  21. 2016-08-25
    LOCKE, Alasdair James Dougall appointed
    director

Owner dependency

78/100
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.
  • +Founder age: Director aged approximately 73 — succession pressure is live.
  • +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

66/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

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

🏛️
Glenrinnes Farms Limited
Corporate parent · holds 75-100% shares
ultimate parent
GLENRINNES DISTILLERY LIMITED
This company · SC543737

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
Glenrinnes Farms Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting25/08/2016

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 →

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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
Incorporated2016-08-25
Jurisdictionscotland
Primary SIC11010 — SIC 11010

Registered office

Glenrinnes Lodge
Glenrinnes
Keith
AB55 4BS
United Kingdom

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-09-06
Last: 2025-08-23

Officers (2 active · 0 resigned)

CHRISTOU, Alexander James
director · ~45y · appointed 2016-08-25
View their other companies + combined net worth →
Active
LOCKE, Alasdair James Dougall
director · ~73y · appointed 2016-08-25
View their other companies + combined net worth →
Active

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

Recent filings (32 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-01
move-registers-to-registered-office-company-with-new-address
address · AD04
2025-07-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-27
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2023-09-13
legacy
other · GUARANTEE2
2023-09-13
legacy
other · AGREEMENT2
2023-09-13
legacy
accounts · PARENT_ACC
2023-09-13
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-30
change-person-director-company-with-change-date
officers · CH01
2023-08-07
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-02-23
accounts-with-accounts-type-full
accounts · AA
2023-02-14
change-person-director-company-with-change-date
officers · CH01
2023-01-19