SONAS RESERVES LTD
Opportunity 71/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (78/100)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.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £498.4k | — |
| Current assets | £1.31M | — |
| Cash | £293.2k | — |
| Debtors | £1.02M | — |
| Net assets | £444.6k | — |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 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
Corporate timeline (15 events)Click to expand
- 2025-05-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-19➕DRYSDALE, Mary Florence appointeddirector
- 2022-04-19➖DRYSDALE, Mary Florence resignedsecretary
- 2022-04-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-04-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-04-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-04-19📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-04-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-12-15📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2021-12-02➕DRYSDALE, Mary Florence appointedsecretary
- 2021-10-20🏢Company incorporatedAs SONAS RESERVES LTD
- 2021-10-20➕DRYSDALE, Richard Simon Fraser appointeddirector
- 2021-10-20📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Mary Florence Drysdale Individual · British · DOB 11/1987 · age 39 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 19/04/2022 |
Mr Richard Simon Fraser Drysdale Individual · British · DOB 10/1983 · age 43 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 20/10/2021 |
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.
See pricing →Similar companies
Active · Wholesale & distribution · FK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CENTRAL PRODUCE LTD→ SC349420 · est 2008 | — | — | — | 1600 | 17y | 83 | 61y |
| SCOTIA SUPPLY CO. LTD.→ SC202132 · est 1999 | — | — | £422.8k | — | 26y | 83 | 63y |
| ANGUS BRAIDWOOD & SON LIMITED→ SC114086 · est 1988 | — | — | £1.62M | — | 37y | 82 | 81y |
| BATHROOM PLANET (STIRLING) LTD.→ SC183947 · est 1998 | — | — | £114.1k | — | 28y | 82 | 58y |
| C L C PRESENTATION SYSTEMS LIMITED→ SC215799 · est 2001 | — | — | £16.0k | — | 25y | 82 | 75y |
| C.T.S. (GRANGEMOUTH) LIMITED→ SC226255 · est 2001 | — | — | — | 1000 | 24y | 82 | 80y |
| M G INDUSTRIAL SUPPLIES LIMITED→ SC245064 · est 2003 | — | — | — | 800 | 23y | 82 | 59y |
| STEWART MCDONALD (PLANT) LIMITED→ SC061597 · est 1977 | — | — | £1.9k | — | 49y | 82 | 79y |
| AMOS BEECH LIMITED→ SC397565 · est 2011 | — | — | £36.4k | — | 15y | 81 | 72y |
| JOHN CALLUM LTD.→ SC196483 · est 1999 | — | — | £2.54M | — | 26y | 81 | 61y |
| RW AGENCIES LIMITED→ SC396418 · est 2011 | — | — | £836.6k | — | 15y | 81 | 65y |
| STITCHFORGE SUPPLY LTD→ SC868613 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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 →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.