SHETLAND SPEAKEASY LIMITED
Likely a dormant or early-stage craft spirits distilling venture based in Shetland, Scotland (SIC 11010 covers distilling and rectifying spirits), with no active trading evident from its consistently dormant accounts since incorporation in 2023.
Opportunity 76/100 (strong), bankability 70/100. 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 (65/100).
Data confidence
Overall: medium (75/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-05-31 | 2024-05-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 accounts
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (7 events)Click to expand
- 2026-03-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-01-10📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-05-10🏢Company incorporatedAs SHETLAND SPEAKEASY LIMITED
- 2023-05-10➕FAIRLESS, Amanda Jane appointedsecretary
- 2023-05-10➕FAIRLESS, Amanda Jane appointeddirector
- 2023-05-10➕FAIRLESS, Michael Ian appointeddirector
- 2023-05-10📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Amanda Jane Fairless Individual · British · DOB 08/1970 · age 56 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 10/05/2023 |
Mr Michael Ian Fairless Individual · British · DOB 01/1968 · age 58 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 10/05/2023 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Food & drink · ZE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| QA FISH LIMITED→ SC336851 · est 2008 | — | — | — | 2900 | 18y | 83 | 62y |
| SANDWICK BAKING COMPANY LIMITED→ SC210109 · est 2000 | — | — | £199.1k | — | 25y | 82 | 72y |
| SHETLAND REFRESHMENTS LIMITED→ SC190856 · est 1998 · no financials extracted | — | — | — | — | 27y | 82 | 71y |
| JOHNSON & WOOD LTD→ SC440115 · est 2013 | — | — | — | 12 | 13y | 80 | 59y |
| SHETLAND FARM DAIRIES LIMITED→ SC152412 · est 1994 | — | — | — | 10 | 31y | 80 | 69y |
| THE SHETLAND DISTILLERY COMPANY LIMITED→ SC455892 · est 2013 | — | — | — | 6 | 12y | 80 | 70y |
| PELAGIA SHETLAND LIMITED→ SC094953 · est 1985 · no financials extracted | — | — | — | — | 40y | 76 | 69y |
| QA SHELLFISH LTD→ SC552948 · est 2016 | — | — | — | 400 | 9y | 76 | 62y |
| ISLAND LARDER LTD→ SC476550 · est 2014 | — | — | — | 18 | 12y | 75 | 43y |
| ISLAND FISH (SHETLAND) LTD→ SC604178 · est 2018 | — | — | £131.6k | — | 7y | 72 | 54y |
| LERWICK DISTILLERY LIMITED→ SC738215 · est 2022 | — | — | £1.94M | — | 3y | 70 | 55y |
| SHETLAND CREAMERY LIMITED→ SC871204 · est 2025 · no financials extracted | — | — | — | — | — | 70 | 47y |
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 →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
Registered office
Filing status
Officers (3 active · 0 resigned)
Click a director name to see their full track record across all companies.