SESSIONS SURF SHOPS LIMITED

🌳Matureactive
06632366 · ltd · incorporated 2008-06-27
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Jan 2025
Net worth
£775.6k
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: Retail sale of clothing in specialised stores
Sector: Wholesale & retail
Investor take
Pursue
Asset-holding vehicle with a 63-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 85/100. Strong seller-intent signal (80/100, director aged 63). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · oldest 17.7y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 17.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
55 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £775,555
Net assets shrinking
Down £76,818 YoY
Cash YoY
-17%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£219k
↓ 17% YoY
Net Worth
£776k
↓ 9.0% YoY
Current Assets
£887k
↓ 13% YoY
Current Liabilities
£0£203k£406k£610k£813k£1.0mJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Total assets£811.7k£881.9k
Current assets£887.3k£1.02M
Cash£219.4k£262.9k
Debtors£27.0k£14.1k
Net assets£775.6k£852.4k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2025-10-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-09-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-07-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-04-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2022-04-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2022-04-13
    🔓
    Charge satisfied #2
  8. 2022-04-13
    🔓
    Charge satisfied #1
  9. 2021-09-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-10-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-09-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-11-24
    📄
    capital-allotment-shares
    capital · SH01
  14. 2017-11-09
    📄
    capital-name-of-class-of-shares
    capital · SH08
  15. 2017-11-07
    📄
    resolution
    resolution · RESOLUTIONS
  16. 2017-10-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2017-09-28
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  18. 2017-09-28
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  19. 2016-06-10
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  20. 2008-10-02
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  21. 2008-08-26
    WILLIAMS, Geraint David appointed
    director
  22. 2008-08-26
    WOLLACOTT, Ian Chris resigned
    director
  23. 2008-08-22
    VAN-EVELINGEN, Simon Paul appointed
    director
  24. 2008-08-22
    DUNNING, Giles William resigned
    secretary
  25. 2008-06-27
    🏢
    Company incorporated
    As SESSIONS SURF SHOPS LIMITED
  26. 2008-06-27
    DUNNING, Giles William appointed
    secretary
  27. 2008-06-27
    WOLLACOTT, Ian Chris appointed
    director

Owner dependency

76/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

79/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 18 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Simon Paul Van-Everlingen
Individual · British · DOB 04/1973 · age 53
2550%
25-50% shares06/04/2016
Mr Geraint David Williams
Individual · British · DOB 03/1963 · age 63
sig. influencesignificant influence06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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 →
🔒Advanced scoring suite

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

Statusactive
Typeltd
Incorporated2008-06-27
Jurisdictionengland-wales
Primary SIC47710 — Retail sale of clothing in specialised stores

Registered office

Alder Farm
Lewdown
Okehampton
Devon
EX20 4PJ

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-07-05
Last: 2025-06-21

Officers (2 active · 2 resigned)

VAN-EVELINGEN, Simon Paul
director · ~53y · appointed 2008-08-22
View their other companies + combined net worth →
Active
WILLIAMS, Geraint David
director · ~63y · appointed 2008-08-26
View their other companies + combined net worth →
Active
DUNNING, Giles William
secretary · appointed 2008-06-27 · resigned 2008-08-22
Resigned
WOLLACOTT, Ian Chris
director · ~52y · appointed 2008-06-27 · resigned 2008-08-26
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
National Westminster Bank
National Westminster Bank PLC
A registered charge1 property10/06/201613/04/2022
satisfied
National Westminster Bank
National Westminster Bank PLC
Debenture1 property02/10/200813/04/2022

Recent filings (55 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-18
mortgage-satisfy-charge-full
mortgage · MR04
2022-04-13
mortgage-satisfy-charge-full
mortgage · MR04
2022-04-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-26