North Of Scotland Distilling Company Limited

North of Scotland Distilling Company Limited, based in Paisley, UK, is a small, active company founded 30 years ago. With just two employees and £2,068,580 in assets, it operates from a virtual address shared by eighteen other companies, a bit unusual. A single director and owner steer the ship, and the company is an irregular importer of wood and wood products, with its last import occurring just one month ago.

The company’s website reveals a fascinating history. Established in 1958 by George Christie, the distillery built at the foot of Wallace’s Monument uniquely distilled both Malt and Grain Scotch Whisky. Today, it offers a range of Malts, Blends, and aged Single Malts, even offering custom label creation. It’s clearly focused on quality and experience, catering to those passionate about Scotch.

Financially, the company’s picture is a little mixed. While it’s a small company, meeting two of three conditions (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), some key numbers have shifted. Cash bank holdings have dropped significantly, a 65% decrease to £680,000, and current assets have also fallen by 39% to £2,100,000. Creditors have decreased by 57%, which is a positive sign, but the sharp drop in equity—a 11% decline to £1,800,000—raises some concerns. The company's net current assets and liabilities have also decreased. The company has no auditor, and the accounts are unaudited.

The company’s financial situation suggests it’s navigating some challenges, though its long history and focus on quality could help it weather the storm. The company also owns North of Scotland Bonding Company Ltd and Gilt Gin Company Limited.

Registered in Scotland under the registration number SC156038, with a registered address at PA1 1UT, Paisley, Renfrewshire, 21 Forbes Place.

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