SONAS HOSPITALITY LIMITED
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (83/100, director aged 72). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
4 live charges · 3 lenders · oldest 17.3y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 17.3 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (72/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 102| Metric | 2025-06-30 |
|---|---|
| Average employees | 37 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
3 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
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 accounts
- • 1 persons-with-significant-control
- • 2 accounts
- • 1 confirmation-statement
- • 1 persons-with-significant-control
Corporate timeline (27 events)Click to expand
- 2026-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-03-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-12-22📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2025-08-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-02📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-09-30🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2024-09-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-09-19🔓Charge satisfied #2
- 2023-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-08-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-03-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-12-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-12-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-04-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-04-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2018-02-20➖GUNN, Kenneth Hugh resigneddirector
- 2018-01-02📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2015-06-30🔓Charge satisfied #1
- 2015-03-30🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2011-03-26🔒Charge registered #2Lender: The Sonas Pension Scheme
- 2009-01-26🔒Charge registered #1Lender: Clydesdale Bank PLC
- 2007-03-26🏢Company incorporatedAs SONAS HOSPITALITY LIMITED
- 2007-03-26➕GRACIE, Elizabeth Anne appointedsecretary
- 2007-03-26➕GRACIE, Elizabeth Anne appointeddirector
- 2007-03-26➕GUNN, Kenneth Hugh appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 72 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 19 years.
- secondaryStable-but-static management: Company is 19 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
1 med ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Elizabeth Anne Gracie Individual · British · DOB 07/1954 · age 72 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 26/03/2017 |
1 historic (ceased) PSC
- Mr Kenneth Hugh Gunnceased 20/02/2018· 25-50% shares
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.
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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 →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 · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 5 properties | 30/09/2024 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 30/03/2015 | — | |
| satisfied | The Sonas Pension Scheme | Floating charge | 1 property | 26/03/2011 | 19/09/2024 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Floating charge | 1 property | 26/01/2009 | 30/06/2015 |