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Brave New Spirits Ltd

12802464

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

UNIT 254, CORINIUM HOUSE BARNWOOD POINT BUSINESS PARK, GLOUCESTER, GL4 3HX
Incorporated 10/08/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

11010
Distilling, rectifying and blending of spirits
46342
46342

Officers

Mr Adam Andrzej Hochul

director · Since 10/08/2020

MANAGING DIRECTOR

POLISH · SCOTLAND · Age 42

Also on 1 other board

Mr Danny Maclennan

director · Since 01/06/2025

FINANCE DIRECTOR

BRITISH · SCOTLAND · Age 51

Persons with Significant Control

Mr Adam Andrzej Hochul

25–50% shares
25–50% votes

Polish · Scotland · Age 42

Unit 254, Corinium House, Barnwood Point Business Park, Gloucester, GL4 3HX

Notified 10/08/2020

Mr Alexander Springensguth

25–50% shares
25–50% votes

German · Germany · Age 51

Unit 254, Corinium House, Barnwood Point Business Park, Gloucester, GL4 3HX

Notified 10/08/2020

Charges3 outstanding

Charge
outstanding

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Created 05/11/2025Registered 07/11/2025
Charge
outstanding

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Created 12/06/2024Registered 14/06/2024
Charge
satisfied

HSBC UK BANK PLC

Created 05/06/2024Registered 07/06/2024Satisfied 15/12/2025
Charge
satisfied

HSBC UK BANK PLC

Created 05/06/2024Registered 07/06/2024Satisfied 15/12/2025
Charge
satisfied

HSBC INVOICE FINANCE (UK) LIMITED

Created 05/06/2024Registered 07/06/2024Satisfied 15/12/2025
Charge
satisfied

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 20/10/2022Registered 31/10/2022Satisfied 10/06/2024
Charge
satisfied

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE AND YORKSHIRE BANK) (COMPANY NUMBER SC001111)

Created 04/03/2022Registered 09/03/2022Satisfied 10/06/2024
Charge
outstanding

HSBC UK BANK PLC

Created 13/10/2021Registered 22/10/2021

CompanyRankvs 104+ SIC 11010 peers
53

Financial strength100th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.42× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/08/2024

Net Worth

£7.1M

Balance sheet strength

Cash

£197k

Cash in the bank

Profit Before Tax

£554k

Bottom line earnings

Net Current Assets

£7.2M

Working capital

Current Assets

£24.2M

Current Liabilities

£17.0M

Fixed Assets

£2.6M

Debtors

£2.5M

Cost of Sales

£3.8M

Admin Expenses

£2.7M

Profit After Tax

£521k

27avg. employees+12

Tax at Year End

Corp tax£880k
Dividends paid£388k

Director Loans(2023)

Directors owe company£77k

People Costs

Wages & salaries£1.1M

Balance Sheet

Intangible assets£12k
Bank loans & overdrafts£880k
Assets less current liabilities£9.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.42
2022+£3.6M
20212.00

Derived from filed accounts. Not audited figures.