SONAS HOSPITALITY LIMITED

💤Zombieactive
SC319484 · ltd · incorporated 2007-03-26
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

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 Jun 2025
Net worth
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Hotels and similar accommodation
Sector: Accommodation & food service
Investor take
Pursue
Active trading company with a 72-year-old founder — textbook succession opportunity.

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 17.4y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 17.4 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.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
53 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-30
Average employees37

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

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
3
filings
  • 1 confirmation-statement
  • 1 accounts
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2026-03-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-12-22
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  4. 2025-08-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-10-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2024-09-30
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  7. 2024-09-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2024-09-19
    🔓
    Charge satisfied #2
  9. 2023-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2022-08-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2021-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2021-03-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2019-12-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  15. 2018-12-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  16. 2018-04-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2018-04-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2018-02-20
    GUNN, Kenneth Hugh resigned
    director
  19. 2018-01-02
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  20. 2015-06-30
    🔓
    Charge satisfied #1
  21. 2015-03-30
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  22. 2011-03-26
    🔒
    Charge registered #2
    Lender: The Sonas Pension Scheme
  23. 2009-01-26
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC
  24. 2007-03-26
    🏢
    Company incorporated
    As SONAS HOSPITALITY LIMITED
  25. 2007-03-26
    GRACIE, Elizabeth Anne appointed
    secretary
  26. 2007-03-26
    GRACIE, Elizabeth Anne appointed
    director
  27. 2007-03-26
    GUNN, Kenneth Hugh appointed
    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
  • +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

98/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • 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 ·
Charge satisfaction-then-recreation pattern
medium

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%
NameSharesVoting rightsNature of controlNotified
Mrs Elizabeth Anne Gracie
Individual · British · DOB 07/1954 · age 72
75100%
75–100%board control75-100% shares · 75-100% voting · board control26/03/2017
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.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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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
Incorporated2007-03-26
Jurisdictionscotland
Primary SIC55100 — Hotels and similar accommodation

Registered office

Duisdale House Hotel
Sleat
Isle Of Skye
IV43 8QW

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-04-09
Last: 2026-03-26

Officers (2 active · 1 resigned)

GRACIE, Elizabeth Anne
secretary · appointed 2007-03-26
View their other companies + combined net worth →
Active
GRACIE, Elizabeth Anne
director · ~72y · appointed 2007-03-26
View their other companies + combined net worth →
Active
GUNN, Kenneth Hugh
director · ~76y · appointed 2007-03-26 · resigned 2018-02-20
Resigned

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

Mortgages & charges

4
Total charges
2
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge5 properties30/09/2024
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge30/03/2015
satisfied
The Sonas Pension Scheme
Floating charge1 property26/03/201119/09/2024
satisfied
Virgin Money
Clydesdale Bank PLC
Floating charge1 property26/01/200930/06/2015
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (53 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-27
change-account-reference-date-company-previous-extended
accounts · AA01
2025-12-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-02
mortgage-satisfy-charge-full
mortgage · MR04
2024-09-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-15
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-27
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-08-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-31
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-30