THE ARTISANAL SPIRITS COMPANY PLC
Get an alert when THE ARTISANAL SPIRITS COMPANY PLC files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£1.5M
-48.5% vs 2024
Net assets
£7.7M
-49.2% lowest in 3 filed years
Employees
172
+34.4% highest in 3 filed years
Profit before tax
-£7M
-123.7% lowest in 3 filed years
Net assets
3-year trend · vs Consumer Staples median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £23,500,000 | £23,001,000 | £19,867,000 | -13.6% | |
| Operating profit | -£2,138,000 | £3,142,000 | -£2,448,000 | -177.9% | |
| Profit before tax | -£3,575,000 | -£3,142,000 | -£7,030,000 | -123.7% | |
| Net profit | -£3,733,000 | -£3,251,000 | -£7,248,000 | -122.9% | |
| Cash | £1,235,000 | £2,868,000 | £1,478,000 | -48.5% | |
| Total assets less current liabilities | £45,247,000 | £44,584,000 | £37,404,000 | -16.1% | |
| Net assets | £18,275,000 | £15,056,000 | £7,652,000 | -49.2% | |
| Equity | £18,275,000 | £15,056,000 | £7,652,000 | -49.2% | |
| Average employees | 133 | 128 | 172 | +34.4% | |
| Wages | £5,873,000 | £6,332,000 | £6,737,000 | +6.4% | |
| Directors' remuneration | £559,000 | £816,000 | £641,000 | -21.4% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -9.1% | 13.7% | -12.3% | |
| Net margin | -15.9% | -14.1% | -36.5% | |
| Return on capital employed | -4.7% | 7.0% | -6.5% | |
| Gearing (liabilities / total assets) | 63.3% | 71.2% | 84.2% | |
| Current ratio | 8.00x | 5.05x | 3.30x | |
| Interest cover | -1.41x | 28.83x | -10.37x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 3 times since incorporation
- THE ARTISANAL SPIRITS COMPANY PLC 2021-05-10 → present
- THE ARTISANAL SPIRITS COMPANY LIMITED 2016-03-16 → 2021-05-10
- THE SCOTCH MALT WHISKY (HOLDINGS) LIMITED 2015-03-31 → 2016-03-16
- NMWS 3110 LIMITED 2014-11-03 → 2015-03-31
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors are, at the time of approving the financial statements, satisfied that the Group and Company have adequate resources to continue in operational existence for a period of at least 12 months.”
Group structure
- THE ARTISANAL SPIRITS COMPANY PLC · parent
- The Scotch Malt Whisky Society Japan 100%
- The Scotch Malt Whisky Society Hong Kong 75%
- The Scotch Malt Whisky Society China Trading (Shanghai) Limited 75%
- The Artisanal Spirits Company Hong Kong 75%
- The Scotch Malt Whisky Society Taiwan Company Co. Ltd. 70%
- The Scotch Malt Whisky Society UK Limited 100%
- ASC Scotland Limited 100%
- J.G. Thomson & Co. Ltd 100%
- The Artisanal Spirits Company (Ireland) Limited 100%
- The Artisanal Spirits Company Pty Limited 100%
- The Artisanal Spirits Company (Americas), Inc 100%
- The Independent Spirits Company Inc 100%
Significant events
- “The US Government shutdown had a negative short term impact on profit and asset backing, but changes to route to market (RTM) are expected to deliver cost savings and revenue growth over the next three years. (Page 8, 28)”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| AITKEN, Douglas Henderson | Secretary | 2021-09-01 | — | — |
| BEDINGHAM, Mark Francis | Director | 2015-09-01 | May 1955 | British |
| DANE, Andrew William | Director | 2020-09-17 | Jul 1983 | British |
| JACKSON, Veronica Lesley | Director | 2021-06-02 | Feb 1964 | British |
| MCCARTER, William | Director | 2023-05-17 | Mar 1984 | British |
| PAGE, Helen Margaret | Director | 2021-06-02 | Jan 1970 | British |
| SKIPWORTH, Paul Henry | Director | 2015-03-30 | Feb 1968 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BREMNER, William Alexander | Secretary | 2015-04-20 | 2021-09-01 |
| HEWITT, Gavin Wallace | Director | 2015-03-27 | 2026-05-19 |
| HUNTER, Mark Roderick | Director | 2021-03-24 | 2026-05-19 |
| IVALO, Kai | Director | 2015-01-23 | 2020-09-17 |
| MILES, Paul Julian | Director | 2015-01-23 | 2016-05-13 |
| MORSE, Stella Helen | Director | 2019-06-28 | 2021-06-02 |
| NIMMO, Thomas William John | Director | 2014-11-03 | 2015-01-23 |
| RIDLEY, David John | Director | 2017-04-06 | 2023-01-24 |
| SCHARBERT, Markus | Director | 2014-11-03 | 2015-01-23 |
| SHALFROOSHAN, Mehdi | Director | 2015-09-01 | 2021-06-02 |
| THOMSON, Benjamin John Paget | Director | 2015-03-30 | 2021-06-02 |
| NMWS CO SEC LIMITED | Corporate Director | 2015-01-23 | 2015-04-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Inverleith Limited Partnership | Corporate entity | Shares 25–50%, Voting 25–50% | 2019-09-03 | Ceased 2021-06-04 |
Filing timeline
Last 20 of 113 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-06-01 RESOLUTIONS Resolution
- 2025-05-29 RESOLUTIONS Resolution
- 2024-06-14 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-08 | AA | accounts | Accounts with accounts type group | |
| 2026-06-01 | RESOLUTIONS | resolution | Resolution | |
| 2026-05-20 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-20 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-26 | SH01 | capital | Capital allotment shares | |
| 2025-09-24 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-09-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-23 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-07-01 | SH01 | capital | Capital allotment shares | |
| 2025-05-29 | AA | accounts | Accounts with accounts type group | |
| 2025-05-29 | RESOLUTIONS | resolution | Resolution | |
| 2025-04-04 | SH01 | capital | Capital allotment shares | |
| 2024-09-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-14 | RESOLUTIONS | resolution | Resolution | |
| 2024-06-14 | AA | accounts | Accounts with accounts type group | |
| 2024-04-19 | RP04SH01 | capital | Second filing capital allotment shares | |
| 2023-10-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-06 | SH01 | capital | Capital allotment shares | |
| 2023-06-21 | SH01 | capital | Capital allotment shares | |
| 2023-06-09 | SH01 | capital | Capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 3
- Officers appointed
- 0
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.