SOUND & VISION (ELGIN) LTD.
🌳Matureactive
SC244694 · ltd · incorporated 2003-02-27
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£147.3k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Retail sale of musical instruments and scores
Sector: Wholesale & retail
Investor take
PursueAsset-holding vehicle with a 77-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 77). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Data confidence
Overall: medium (76/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
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
Confirmed no charges registered
85
Directors & officers
7 officers (3 active, 7 linked, 3 with DOB)
79
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
64 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
80
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 · accounting standard not declaredPositive net assets
Net assets £147,271
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£147k
↑ 6.6% YoY
Current Assets
£212k
~ YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £212.2k | £212.0k |
| Current assets | £211.9k | £211.6k |
| Net assets | £147.3k | £138.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
- 2025-10-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-03-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-11-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-10-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-14➖FLETT, Joan Adam resigneddirector
- 2020-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-03-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-08-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-01➕FLETT, Graham appointeddirector
- 2019-04-24📄change-person-secretary-company-with-change-dateofficers · CH03
- 2019-04-24📄change-person-director-company-with-change-dateofficers · CH01
- 2019-04-24📄change-person-director-company-with-change-dateofficers · CH01
- 2018-09-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2003-02-27🏢Company incorporatedAs SOUND & VISION (ELGIN) LTD.
- 2003-02-27➕FLETT, Victor Fraser appointedsecretary
- 2003-02-27➕FLETT, Victor Fraser appointeddirector
- 2003-02-27➕PETER TRAINER COMPANY SECRETARIES LTD. appointedcorporate-nominee-secretary
- 2003-02-27➖PETER TRAINER COMPANY SECRETARIES LTD. resignedcorporate-nominee-secretary
- 2003-02-27➕FLETT, Joan Adam appointeddirector
- 2003-02-27➕PETER TRAINER COMPANY SECRETARIES LTD. appointedcorporate-nominee-director
- 2003-02-27➖PETER TRAINER COMPANY SECRETARIES LTD. resignedcorporate-nominee-director
- 2003-02-27➕PETER TRAINER CORPORATE SERVICES LTD. appointedcorporate-nominee-director
- 2003-02-27➖PETER TRAINER CORPORATE SERVICES LTD. resignedcorporate-nominee-director
Owner dependency
91/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
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 23 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 77 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
96/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 23 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
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Graham Flett Individual · British · DOB 11/1978 · age 48 | 25–50% | 25–50% | board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence · firm interest | 14/10/2021 |
Mr Victor Fraser Flett Individual · British · DOB 12/1949 · age 77 | 25–50% | — | 25-50% shares | 01/06/2016 |
1 historic (ceased) PSC
- Mrs Joan Adam Flettceased 14/10/2021· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Retail · IV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| SKYE'S FINISHING TOUCHES LTD→ SC374899 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| SKYEECO LTD→ SC750515 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| SKYMOUNT LIMITED→ SC226228 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| SOUTH QUEENSFERRY HEALTHCARE LIMITED→ SC786565 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| SPEYSIDE ECO-HEAT LIMITED→ SC418480 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| STRUIE HILL PRESERVES LTD→ SC806658 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| STUFF'D UP LTD→ SC859379 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| SUMMIT STRIDE LTD→ SC872021 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| SUPRAV FUELS & SHOP LIMITED→ SC814088 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| SUPRAV RETAIL LTD→ SC866958 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| SWANSONS FRUIT COMPANY LIMITED→ SC249181 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| SWEETS + TREATS LTD→ SC711155 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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
Incorporated2003-02-27
Jurisdictionscotland
Primary SIC47591 — Retail sale of musical instruments and scores
Registered office
14-18 South Street
Elgin
Morayshire
IV30 1LE
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-03-13
Last: 2026-02-27
Officers (3 active · 4 resigned)
FLETT, Victor Fraser→
Activesecretary · appointed 2003-02-27
View their other companies + combined net worth →
FLETT, Graham→
Activedirector · ~48y · appointed 2019-05-01
View their other companies + combined net worth →
FLETT, Victor Fraser→
Activedirector · ~77y · appointed 2003-02-27
View their other companies + combined net worth →
PETER TRAINER COMPANY SECRETARIES LTD.→
Resignedcorporate-nominee-secretary · appointed 2003-02-27 · resigned 2003-02-27
FLETT, Joan Adam→
Resigneddirector · ~72y · appointed 2003-02-27 · resigned 2021-10-14
PETER TRAINER COMPANY SECRETARIES LTD.→
Resignedcorporate-nominee-director · appointed 2003-02-27 · resigned 2003-02-27
PETER TRAINER CORPORATE SERVICES LTD.→
Resignedcorporate-nominee-director · appointed 2003-02-27 · resigned 2003-02-27
Click a director name to see their full track record across all companies.
Recent filings (64 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-06
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-04
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-07
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-07
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-08
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-03-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-03-08
termination-director-company-with-name-termination-date
officers · TM01
2021-11-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-26
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-30