SHONN BROTHERS (MANCHESTER) LIMITED
Opportunity 31/100 (pass), bankability 12/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: asset disposal / carve-out (90/100). Current lenders should be on immediate intervention.
Refinance opportunity
10 live charges · 6 lenders · oldest 45.3y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 45.3 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 83/100 (specialist).
Data confidence
Overall: medium (72/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Clear signal to pass. Time better spent elsewhere unless you have a specific strategic angle.
Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 102| Metric | 2023-12-31 |
|---|---|
| Average employees | 1300 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
3 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
Corporate timeline (64 events)Click to expand
- 2025-06-19⚠️liquidation-disclaimer-noticeinsolvency · NDISC
- 2025-06-19⚠️liquidation-disclaimer-noticeinsolvency · NDISC
- 2025-06-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-06-16⚠️liquidation-voluntary-statement-of-affairsinsolvency · LIQ02
- 2025-06-16⚠️liquidation-voluntary-appointment-of-liquidatorinsolvency · 600
- 2025-06-16📄resolutionresolution · RESOLUTIONS
- 2025-05-27📄change-person-director-company-with-change-dateofficers · CH01
- 2024-09-17📄capital-allotment-sharescapital · SH01
- 2024-09-13📄resolutionresolution · RESOLUTIONS
- 2024-09-13📄memorandum-articlesincorporation · MA
- 2024-07-31📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-06-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-01-27📄memorandum-articlesincorporation · MA
- 2024-01-27📄resolutionresolution · RESOLUTIONS
- 2024-01-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-01-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-01-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-01-23📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-01-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-01-22➖SHONN, Jeffrey Stewart resigneddirector
- 2024-01-22➖SHONN, Richard Lee resigneddirector
- 2024-01-22➖SHONN, Steven Martin resigneddirector
- 2024-01-22🔒Charge registered #10Lender: Daniel Simon Shonn
- 2024-01-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-01-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-01-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-01-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-01-16🔓Charge satisfied #9
- 2024-01-16🔓Charge satisfied #8
- 2024-01-16🔓Charge satisfied #6
- 2024-01-16🔓Charge satisfied #5
- 2021-02-01➕SHONN, Nicky appointeddirector
- 2019-06-26➕SHONN, Daniel Simon appointedsecretary
- 2019-06-26➖GEORGE, Ian Paul resignedsecretary
- 2019-06-26➖GEORGE, Ian Paul resigneddirector
- 2014-12-10➕SHONN, Steven Martin appointeddirector
- 2010-12-09🔒Charge registered #9Lender: Hsbc Bank PLC
- 2010-09-30➖SHONN, Michael Warren resigneddirector
- 2010-09-30➖SHONN, Steven Martin resigneddirector
- 2007-03-01➕SHONN, Richard Lee appointeddirector
- 2006-04-04🔒Charge registered #8Lender: Hsbc Bank PLC
- 2004-06-11🔒Charge registered #7Lender: Hsbc Bank PLC
- 2002-07-26🔒Charge registered #6Lender: Hsbc Bank PLC
- 2002-02-25🔒Charge registered #5Lender: Hsbc Invoice Finance (UK) LTD
- 2001-01-26🔓Charge satisfied #4
- 2001-01-26🔓Charge satisfied #3
- 2001-01-26🔓Charge satisfied #2
- 2001-01-26🔓Charge satisfied #1
- 1999-11-26➖SHONN, Henry resigneddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "SHONN" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 69 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
4 high · 1 med · 1 lowStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2025-09-30
Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2025-10-02
Company is actively being wound up. Not a going concern.
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2025-06-19: liquidation-disclaimer-notice; 2025-06-19: liquidation-disclaimer-notice
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Multiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Nicky Shonn Individual · British · DOB 01/1990 · age 36 | 50–75% | — | 50-75% shares | 22/01/2024 |
1 historic (ceased) PSC
- Red Bolt Construction Ltdceased 22/01/2024· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Wholesale & distribution · M postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 247 WHOLESALE LIMITED→ 12762828 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 295 LTD→ 14318799 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 804 THE PUBLIC LOVESUDO LTD→ 16224851 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| A.AELECTRICCLEARANCE LTD→ 17100080 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AA & HAWA LTD→ 16555013 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AA ONLINE TRADING LTD→ 14282674 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AA TRADING ZONE LIMITED→ 14171237 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AAR ADIL AL BARAKA LTD→ 16825887 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AARON TERENCE HUGHES LTD→ 11883488 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| AAV ENTERPRISES LTD→ 11300232 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ABACUS TRADE LIMITED→ 16378283 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ABAKUS (REJZA) LIMITED→ 07323339 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
11 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Registered office
Filing status
Officers (3 active · 12 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Daniel Simon Shonn | A registered charge | 1 property | 22/01/2024 | — | |
| satisfied | HSBC Hsbc Bank PLC | Legal assignment | 1 property | 09/12/2010 | 16/01/2024 | |
| satisfied | HSBC Hsbc Bank PLC | Legal mortgage | 1 property | 04/04/2006 | 16/01/2024 | |
| outstanding | HSBC Hsbc Bank PLC | Debenture | 1 property | 11/06/2004 | — | |
| satisfied | HSBC Hsbc Bank PLC | Debenture | 1 property | 26/07/2002 | 16/01/2024 | |
| satisfied | HSBC Hsbc Invoice Finance (UK) LTD | Fixed charge on purchased debts which fail to vest | 1 property | 25/02/2002 | 16/01/2024 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 16/10/1996 | 26/01/2001 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Debenture | 1 property | 09/10/1995 | 26/01/2001 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC, | Legal charge | 1 property | 22/07/1994 | 26/01/2001 | |
| satisfied | Barclays Barclays Bank LTD | Charge on building agreement | 1 property | 18/02/1981 | 26/01/2001 |