Kythe Distillery Co Ltd

Kythe Distillery Co Ltd, based in Cupar, UK, is a small, active company founded just two years ago. With three employees and £3,917,318 in assets, it’s a relatively young venture led by three directors and a single owner. The company is an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances – its last import activity was recorded just one month ago in June 2024.

The distillery's website paints a picture of a company dedicated to reviving old-style Highland Scotch whisky distilling. Kythe Distillery aims to recreate an extinct style of whisky not produced since the 1960s, eschewing modern efficiency in favor of traditional methods and heritage barley varieties. It’s a project funded by whisky enthusiasts across the globe, and the company’s ethos is to create a single, distinctive “house style” distillate, focusing on gentle refill wood to preserve the spirit's character. The distillery is currently under construction, with distilling expected to begin later in 2025. The website also highlights a team of experienced individuals, including a Director signing financial statements.

Financially, Kythe Distillery shows some concerning trends. Cash bank on hand decreased by 25% to £3,600,000, while net assets dropped by 2% to £5,200,000. Creditors increased significantly by 950%, reaching £220,000, and bank borrowings are at zero. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the increase in creditors and decrease in cash reserves could signal a need for further funding. The company is exempt from an audit, so the financial information is unaudited. It’s a young company, and these fluctuations are not unusual, but the rise in liabilities warrants close monitoring.

Registered in Scotland under the registration number SC733276, with a registered address at KY15 5PY, Scotland, Cupar, 3 Woodburne, Ceres.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.