SANDREN HOLDINGS LTD

💤Zombieactive
12353594 · ltd · incorporated 2019-12-09
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£-6.7k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: SIC 10520
Sector: Manufacturing
ALSO REGISTERED FOR
  • 10710Manufacture of bread; manufacture of fresh pastry goods and cakes
  • 10821SIC 10821
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 76/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £6,671

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£7k
↓ 164% YoY
Current Assets
£22k
↑ 173% YoY
Current Liabilities
-£7k-£973£5k£10k£16k£22kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-12-312023-12-31
Total assets£4.1k£11.4k
Current assets£21.8k£8.0k
Net assets£-6.7k£-2.5k

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

🔒Filing-note intelligence

1 signal 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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2025-08-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-09-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-11-19
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2021-11-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-11-09
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2020-02-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2020-02-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2020-02-01
    SWALES, Sandra Elaine resigned
    director
  12. 2019-12-09
    🏢
    Company incorporated
    As SANDREN HOLDINGS LTD
  13. 2019-12-09
    SWALES, Darren Edmund appointed
    director
  14. 2019-12-09
    SWALES, Sandra Elaine appointed
    director
  15. 2019-12-09
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

83/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Darren Edmund Swales
Individual · British · DOB 05/1968 · age 58
2550%
25–50%board control25-50% shares · 25-50% voting · board control09/12/2019
1 historic (ceased) PSC
  • Mrs Sandra Elaine Swalesceased 01/01/2020· 25-50% shares · 25-50% voting · board control

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

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

7 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
Incorporated2019-12-09
Jurisdictionengland-wales
Primary SIC10520 — SIC 10520

Registered office

18 - 20 Cornmarket
Louth
LN11 9PY
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-15
Last: 2026-02-01

Officers (1 active · 1 resigned)

SWALES, Darren Edmund
director · ~58y · appointed 2019-12-09
View their other companies + combined net worth →
Active
SWALES, Sandra Elaine
director · ~57y · appointed 2019-12-09 · resigned 2020-02-01
Resigned

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

Recent filings (19 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-16
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-16
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-01
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-01
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-05
gazette-filings-brought-up-to-date
gazette · DISS40
2021-11-19
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-18
gazette-notice-compulsory
gazette · GAZ1
2021-11-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-14