SESSIONS SURF SHOPS LIMITED
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
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.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| 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.
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
Corporate timeline (27 events)Click to expand
- 2025-10-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-04-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-04-13🔓Charge satisfied #2
- 2022-04-13🔓Charge satisfied #1
- 2021-09-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-11-24📄capital-allotment-sharescapital · SH01
- 2017-11-09📄capital-name-of-class-of-sharescapital · SH08
- 2017-11-07📄resolutionresolution · RESOLUTIONS
- 2017-10-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2017-09-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2016-06-10🔒Charge registered #2Lender: National Westminster Bank PLC
- 2008-10-02🔒Charge registered #1Lender: National Westminster Bank PLC
- 2008-08-26➕WILLIAMS, Geraint David appointeddirector
- 2008-08-26➖WOLLACOTT, Ian Chris resigneddirector
- 2008-08-22➕VAN-EVELINGEN, Simon Paul appointeddirector
- 2008-08-22➖DUNNING, Giles William resignedsecretary
- 2008-06-27🏢Company incorporatedAs SESSIONS SURF SHOPS LIMITED
- 2008-06-27➕DUNNING, Giles William appointedsecretary
- 2008-06-27➕WOLLACOTT, Ian Chris appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +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
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- 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
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Simon Paul Van-Everlingen Individual · British · DOB 04/1973 · age 53 | 25–50% | — | 25-50% shares | 06/04/2016 |
Mr Geraint David Williams Individual · British · DOB 03/1963 · age 63 | — | — | sig. influencesignificant influence | 06/04/2016 |
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
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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 →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 (2 active · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 10/06/2016 | 13/04/2022 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Debenture | 1 property | 02/10/2008 | 13/04/2022 |