P & H SANDEMAN LIMITED

🌳Matureactive

SC302080 · ltd · incorporated 2006-05-09

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.

Why now

Window steady · high confidence

Thesis has shifted recently — watch for confirmation.

· Investment thesis: well_run_hard_buy → unclassified
· Hygiene score: 90 → 70
· Opportunity score: 80 → 72
· Bankability: 75 → 65

Opportunity decay

softening · 6-months

Softening — cumulative signals suggest this becomes more negotiable over the next 3–6 months.

· 3 recent signals weakening vs 0 strengthening

What changed my view

Last 30 days

Picture worsened over the last 30 days — 3 negative signals vs 0 positive.

·Investment thesis: well_run_hard_buy → unclassified
↓Opportunity score: 80 → 72
↓Hygiene score: 90 → 70
↓Bankability: 75 → 65
·Distress / opportunity: avoid → attractive

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to May 2025

Net worth

£152.0k

book net assets

Opportunity

72/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 45112

Sector: Wholesale & retail

ALSO REGISTERED FOR

45200SIC 45200

Investor take

Special-situation opportunity

Distressed automotive with salvageable qualities — special-situations priority.

Opportunity 72/100 (strong), bankability 65/100. Strong seller-intent signal (78/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. 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, 2 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

5 officers (3 active, 5 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

48 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

72/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Positive net assets

Net assets £151,958

Cash YoY

+89%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£205k

↑ 89% YoY

Net Worth

£152k

↑ 7.0% YoY

Current Assets

£222k

↑ 9.0% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-05-31	2024-05-31
Total assets	£152.0k	£142.0k
Current assets	£221.6k	£203.4k
Cash	£205.1k	£108.3k
Net assets	£152.0k	£142.0k

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (24 events)Click to expand

2026-03-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-02-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-02-20
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-12-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-12-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-02-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-06-27
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-12-08
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-05-26
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-02-04
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-05-13
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2006-05-09
🏢
Company incorporated
As P & H SANDEMAN LIMITED
2006-05-09
➕
SANDEMAN, Heather Anne appointed
secretary
2006-05-09
➕
SANDEMAN, Heather Anne appointed
director
2006-05-09
➕
SANDEMAN, Philip appointed
director
2006-05-09
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2006-05-09
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2006-05-09
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director
2006-05-09
➖
STEPHEN MABBOTT LTD. resigned
corporate-nominee-director

Owner dependency

100/100

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

+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 "SANDEMAN" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 65 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

81/100

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 65. Approaching typical UK retirement age — succession thinking likely.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 20 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·

Confirmation statement overdue

high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-23

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mrs Heather Anne Sandeman Individual · British · DOB 09/1964 · age 62	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	10/05/2016
Mr Philip Sandeman Individual · British · DOB 04/1961 · age 65	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	10/05/2016

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

Similar companies

Active · Automotive · DD postcode area

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ANGUS TYRES LIMITED→ SC364816 · est 2009	—	—	—	35	16y	83	86y
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DUNCAN MCINTOSH TRAILERS LIMITED→ SC314598 · est 2007	—	—	£179.1k	—	19y	82	75y
EAST COAST SPRAY SHOP LTD→ SC365507 · est 2009	—	—	—	200	16y	82	61y
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T S TRANSPORT (SCOTLAND) LIMITED→ SC264403 · est 2004	—	—	—	1400	22y	82	79y
THORNLEA (FORFAR) LIMITED→ SC177605 · est 1997	—	—	£2.38M	—	28y	82	87y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

8 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

Incorporated2006-05-09

Jurisdictionscotland

Primary SIC45112 — SIC 45112

Registered office

Sandemans Cars

Market Street

Forfar

Angus

DD8 3EW

Scotland

Filing status

Accounts

Next due: 2027-02-28

Last made up to: 2025-05-31

Confirmation statement

Next due: 2026-05-23OVERDUE

Last: 2025-05-09

Officers (3 active · 2 resigned)

SANDEMAN, Heather Anne→

secretary · appointed 2006-05-09

View their other companies + combined net worth →

Active

SANDEMAN, Heather Anne→

director · ~62y · appointed 2006-05-09

View their other companies + combined net worth →

Active

SANDEMAN, Philip→

director · ~65y · appointed 2006-05-09

View their other companies + combined net worth →

Active

BRIAN REID LTD.→

corporate-nominee-secretary · appointed 2006-05-09 · resigned 2006-05-09

Resigned

STEPHEN MABBOTT LTD.→

corporate-nominee-director · appointed 2006-05-09 · resigned 2006-05-09

Resigned

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