SP DRONA LTD

🌿Early-stageactive
SC777922 · ltd · incorporated 2023-08-03
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Aug 2024
Net worth
book net assets
Opportunity
67/100
Strong
🔔
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What this business does
Primary activity: Retail sale in non-specialised stores with food, beverages or tobacco predominating
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 47300Retail sale of automotive fuel in specialised stores
Investor take
Pursue
Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 67/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (70/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
14 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
90
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
Metric2024-08-31

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

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
4
filings
  • 2 officers
  • 1 confirmation-statement
  • 1 persons-with-significant-control
Last 180 days
4
filings
  • 2 officers
  • 1 confirmation-statement
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2026-02-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-02-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2026-02-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2026-02-04
    SATHEES, Balan appointed
    director
  5. 2026-02-04
    ANTHONY PULLE, Gloriya Shanika resigned
    director
  6. 2025-09-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2025-09-23
    ANTHONY PULLE, Gloriya Shanika appointed
    director
  8. 2025-09-23
    SATHEES, Balan, Mr. resigned
    director
  9. 2025-09-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2025-09-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2025-09-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2025-08-03
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  13. 2025-05-03
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  14. 2023-08-03
    🏢
    Company incorporated
    As SP DRONA LTD
  15. 2023-08-03
    SATHEES, Balan, Mr. appointed
    director
  16. 2023-08-03
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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.
  • +Young company: Only 2.7 years old — management layer unlikely to be developed.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: ANTHONY PULLE, Gloriya Shanika resigned 2026-02-04; SATHEES, Balan, Mr. resigned 2025-09-23

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr. Balan Sathees
Individual · British · DOB 05/1981 · age 45
75100%
75–100%board control75-100% shares · 75-100% voting · board control03/08/2023
1 historic (ceased) PSC
  • Mrs Gloriya Shanika Anthony Pulleceased 04/02/2026· 50-75% shares

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

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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
Incorporated2023-08-03
Jurisdictionscotland
Primary SIC47110 — Retail sale in non-specialised stores with food, beverages or tobacco predominating

Registered office

Blackpark Filling Station
Clachnaharry Road
Inverness
IV3 8QH
Scotland

Filing status

Accounts
Next due: 2026-05-29
Last made up to: 2024-08-31
Confirmation statement
Next due: 2027-02-20
Last: 2026-02-06

Officers (1 active · 2 resigned)

SATHEES, Balan
director · ~45y · appointed 2026-02-04
View their other companies + combined net worth →
Active
ANTHONY PULLE, Gloriya Shanika
director · ~31y · appointed 2025-09-23 · resigned 2026-02-04
Resigned
SATHEES, Balan, Mr.
director · ~45y · appointed 2023-08-03 · resigned 2025-09-23
Resigned

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

Recent filings (14 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-06
termination-director-company-with-name-termination-date
officers · TM01
2026-02-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-06
appoint-person-director-company-with-name-date
officers · AP01
2026-02-06
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-09-29
termination-director-company-with-name-termination-date
officers · TM01
2025-09-23
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-23
appoint-person-director-company-with-name-date
officers · AP01
2025-09-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-19
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-08-03
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-05-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-15
incorporation-company
incorporation · NEWINC
2023-08-03