ORKNEY SPIRITS LIMITED

🏛️Establishedactive

SC580438 · ltd · incorporated 2017-11-01

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 Dec 2025

Net worth

£190.0k

book net assets

Opportunity

72/100

Strong

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What this business does

Primary activity: SIC 11010

Sector: Manufacturing

Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 72/100 (strong), bankability 75/100. 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).

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (2 active, 2 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

25 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

72/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Positive net assets

Net assets £189,975

Cash YoY

-0%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£144k

~ YoY

Net Worth

£190k

↑ 4.4% YoY

Current Assets

£306k

↓ 12% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-12-31	2024-12-31
Total assets	£196.1k	£188.1k
Current assets	£305.5k	£348.1k
Cash	£144.3k	£144.6k
Debtors	£52.7k	£85.9k
Net assets	£190.0k	£182.0k

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

filing

• 1 accounts

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (19 events)Click to expand

2026-05-14
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-05-28
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-07-22
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-08-14
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-08-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-19
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-11-19
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-08-03
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-04-20
📄
capital-allotment-shares
capital · SH01
2020-03-04
📄
resolution
resolution · RESOLUTIONS
2020-03-03
📄
capital-name-of-class-of-shares
capital · SH08
2019-02-06
📄
change-account-reference-date-company-current-extended
accounts · AA01
2019-02-06
📄
accounts-with-accounts-type-dormant
accounts · AA
2018-05-29
📄
resolution
resolution · RESOLUTIONS
2017-11-01
🏢
Company incorporated
As ORKNEY SPIRITS LIMITED
2017-11-01
➕
WATT, Andrea appointed
director
2017-11-01
➕
WATT, Gary David appointed
director
2017-11-01
📄
incorporation-company
incorporation · NEWINC

Owner dependency

71/100

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.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
+No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

36/100

Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS

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.)

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Gary David Watt Individual · British · DOB 11/1971 · age 55	25–50%	25–50%	25-50% shares · 25-50% voting	24/02/2020
Mrs Andrea Watt Individual · British · DOB 03/1974 · age 52	25–50%	25–50%	25-50% shares · 25-50% voting	01/11/2017

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 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

Incorporated2017-11-01

Jurisdictionscotland

Primary SIC11010 — SIC 11010

Registered office

Orkney Gin Company

Burray

Orkney

KW17 2SS

Scotland

Filing status

Accounts

Next due: 2027-09-30

Last made up to: 2025-12-31

Confirmation statement

Next due: 2026-11-14

Last: 2025-10-31

Officers (2 active · 0 resigned)

WATT, Andrea→

director · ~52y · appointed 2017-11-01

View their other companies + combined net worth →

Active

WATT, Gary David→

director · ~55y · appointed 2017-11-01

View their other companies + combined net worth →

Active

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