The Holyrood Distillery Ltd

The Holyrood Distillery Ltd, a small holding company based in Glasgow, UK, is actively distilling, rectifying, and blending spirits. Founded nine years ago in 2016, the company employs 38 people and operates from a virtual address, a detail flagged by the presence of 56 companies registered at the same location. It’s led by three directors and has one owner, with Newmake Ltd holding the controlling interest. The distillery regularly imports drinks, alcohol, and vinegar (for seven months) and exports them (for 52 months), with the latest export activity recorded in February 2025.

The distillery’s website showcases a range of spirits, including single malt whisky, gin, vodka, and rum, alongside a visitor centre offering tours and tastings. It’s clearly focused on building a premium brand, with a strong emphasis on Edinburgh’s brewing heritage and a commitment to innovative distilling techniques. The website also promotes a “Cask Programme,” allowing customers to own their own cask of Scotch whisky.

Financially, The Holyrood Distillery Ltd presents a mixed picture. While net assets increased by 55% to -£4.6 million, cash reserves decreased significantly by 47% to £220,000. Bank borrowings surged by 5.9% to £5.3 million, and trade debtors fell by 40% to £530,000. Creditors, however, also decreased by 58% to £520,000, suggesting some improvement in debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the large debt load and declining cash reserves raise concerns. The company's accounts are unaudited, likely due to its status as a small company. It’s unclear if the increase in bank borrowings is a result of planned expansion or a response to financial pressures.

Registered in Scotland under the registration number SC531337, with a registered address at G2 1AL, Scotland, Glasgow, 1 George Square.

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