BLACK WHIPPET LIMITED
💤Zombieactive
SC711657 · ltd · incorporated 2021-10-07
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days
No material changes in the last 30 days.
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2024
Net worth
£14.6k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
Investor take
PursueStrong opportunity: active trading company 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. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
2 live charges · oldest 2.9y
10/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 2.9 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
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
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
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
85
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 £14,592
Net assets shrinking
Down £15,144 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£15k
↓ 51% YoY
Current Assets
£71k
↓ 6.9% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £14.6k | £29.7k |
| Current assets | £70.5k | £75.8k |
| Net assets | £14.6k | £29.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2025-10-11📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-10-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-09-30📄gazette-notice-compulsorygazette · GAZ1
- 2025-03-19📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-03-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-11📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2024-09-24📄gazette-notice-compulsorygazette · GAZ1
- 2023-12-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-10-17📄dissolution-withdrawal-application-strike-off-companydissolution · DS02
- 2023-10-10📄dissolution-voluntary-strike-off-suspendeddissolution · SOAS(A)
- 2023-09-05📄gazette-notice-voluntarygazette · GAZ1(A)
- 2023-08-25📄dissolution-application-strike-off-companydissolution · DS01
- 2023-07-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-07-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-07-11🔒Charge registered #1Lender: Tennent Caledonian Breweries UK Limited
- 2023-07-07🔒Charge registered #2Lender: Tennent Caledonian Breweries UK Limited
- 2021-11-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-11-02📄change-person-director-company-with-change-dateofficers · CH01
- 2021-10-07🏢Company incorporatedAs BLACK WHIPPET LIMITED
- 2021-10-07➕GILLESPIE, Mhairi Verner Joan appointeddirector
- 2021-10-07📄incorporation-companyincorporation · NEWINC
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ms Mhairi Verner Joan Gillespie Individual · British · DOB 07/1994 · age 32 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 07/10/2021 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Hospitality · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CAFE ANDALUZ RESTAURANTS LIMITED→ SC390599 · est 2010 | £8.71M £6.53M–£10.88M | — | — | 298 | 15y | 87 | 67y |
| ENOTECA SCOTLAND LIMITED→ SC327283 · est 2007 | £8.47M £6.35M–£10.59M | — | — | 213 | 18y | 83 | 67y |
| AN CLACHAN CAFE LIMITED→ SC313545 · est 2006 | — | — | £45.0k | — | 19y | 83 | 59y |
| CRAIGENDMUIR LIMITED→ SC258280 · est 2003 | — | — | £1.34M | — | 22y | 83 | 60y |
| D'ARCY'S (GLASGOW) LIMITED→ SC264250 · est 2004 · no financials extracted | — | — | — | — | 22y | 83 | 64y |
| DANNY'S SNACKS LIMITED→ SC338593 · est 2008 · no financials extracted | — | — | — | — | 18y | 83 | 65y |
| DIXON ARMS (GLENROTHES) LIMITED→ SC325347 · est 2007 · no financials extracted | — | — | — | — | 18y | 83 | 64y |
| JOHN MACLAREN AND SONS LIMITED→ SC291419 · est 2005 | — | — | £6.6k | — | 20y | 83 | 72y |
| KINGSRIDGE CLEDDANS ECONOMIC DEVELOPMENT GROUP→ SC133036 · est 1991 · no financials extracted | — | — | — | — | 34y | 83 | 87y |
| LA LANTERNA GLASGOW LTD→ SC274833 · est 2004 | — | — | — | 32 | 21y | 83 | 60y |
| LATHONES CARAVAN COMPANY LIMITED→ SC078119 · est 1982 | — | — | — | 0 | 44y | 83 | 68y |
| MATTHEW'S FOODS (SCOTLAND) LIMITED→ SC210734 · est 2000 | — | — | £1.81M | — | 25y | 83 | 59y |
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
Incorporated2021-10-07
Jurisdictionscotland
Primary SIC56101 — Licenced restaurants
Registered office
82 Berkeley Street
Glasgow
G3 7DS
Scotland
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-20
Last: 2025-10-06
Officers (1 active · 0 resigned)
GILLESPIE, Mhairi Verner Joan→
Activedirector · ~32y · appointed 2021-10-07
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 | Tennent Caledonian Breweries UK Tennent Caledonian Breweries UK Limited | A registered charge | — | 11/07/2023 | — | |
| outstanding | Tennent Caledonian Breweries UK Tennent Caledonian Breweries UK Limited | A registered charge | 1 property | 07/07/2023 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (21 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-17
gazette-filings-brought-up-to-date
gazette · DISS40
2025-10-11
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-10
gazette-notice-compulsory
gazette · GAZ1
2025-09-30
gazette-filings-brought-up-to-date
gazette · DISS40
2025-03-19
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-18
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-10-11
gazette-notice-compulsory
gazette · GAZ1
2024-09-24
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-14
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-21
dissolution-withdrawal-application-strike-off-company
dissolution · DS02
2023-10-17
dissolution-voluntary-strike-off-suspended
dissolution · SOAS(A)
2023-10-10
gazette-notice-voluntary
gazette · GAZ1(A)
2023-09-05
dissolution-application-strike-off-company
dissolution · DS01
2023-08-25