BRAVE NEW SPIRITS LTD
Formerly known as Scotch Universe Ltd, the Glasgow-based company is an independent distiller, blender, and wholesaler of Scotch whisky and other spirits.
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Cash
£197K
+301.6% vs 2023
Net assets
£7.1M
+1.4% vs 2023
Employees
27
+80% vs 2023
Profit before tax
£554K
-83.4% vs 2023
Net assets
2-year trend · vs Consumer Staples median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-08-31
| Metric | Trend | 2023-08-31 | 2024-08-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £17,587,008 | £8,148,028 | -53.7% | |
| Operating profit | £3,770,277 | £1,590,890 | -57.8% | |
| Profit before tax | £3,333,342 | £554,386 | -83.4% | |
| Net profit | £2,373,043 | £520,646 | -78.1% | |
| Cash | £49,016 | £196,844 | +301.6% | |
| Total assets less current liabilities | £13,022,014 | £9,754,255 | -25.1% | |
| Net assets | £7,014,912 | £7,114,163 | +1.4% | |
| Equity | £7,014,912 | £7,114,163 | +1.4% | |
| Average employees | 15 | 27 | +80% | |
| Wages | £508,481 | £1,075,526 | +111.5% | |
| Directors' remuneration | £16,874 | £8,844 | -47.6% |
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 | 2023-08-31 | 2024-08-31 |
|---|---|---|---|
| Operating margin | 21.4% | 19.5% | |
| Net margin | 13.5% | 6.4% | |
| Return on capital employed | 29.0% | 16.3% | |
| Current ratio | 2.54x | 1.42x | |
| Interest cover | 8.61x | 1.53x |
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 1 time since incorporation
- BRAVE NEW SPIRITS LTD 2021-06-29 → present
- SCOTCH UNIVERSE LTD 2020-08-10 → 2021-06-29
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Gillespie and Anderson Chartered Accountants
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, 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.”
Significant events
- “2024 saw the business deliver results that were consistent in many ways with the state of the scotch whisky market, where dips in turnover and profitability are the norm.”
- “Brand recognition has increased positively within the UK, with numerous rewards received in the 2024 Scotch Whisky Awards, as well as the prestigious honour of Spirits Bottler of the Year received in the Spirits Business Awards 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HOCHUL, Adam Andrzej | Director | 2020-08-10 | Jun 1984 | Polish |
| MACLENNAN, Danny | Director | 2025-06-01 | May 1975 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Adam Andrzej Hochul | Individual | Shares 25–50%, Voting 25–50% | 2020-08-10 | Active |
| Mr Alexander Springensguth | Individual | Shares 25–50%, Voting 25–50% | 2020-08-10 | Active |
Filing timeline
Last 20 of 37 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-15 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-11-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-08-31 | AA | accounts | Accounts with accounts type full | |
| 2025-08-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-05 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-25 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-03-25 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-01-31 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-08-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-06-14 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-06-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-06-10 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-06-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-06-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-06-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-05-31 | AA | accounts | Accounts with accounts type full | |
| 2023-08-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-05-31 | AA | accounts | Accounts with accounts type total exemption full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.