SONIK SPORTS LIMITED
Opportunity 80/100 (exceptional), bankability 57/100. Strong seller-intent signal (63/100, director aged 79). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
13 live charges · 7 lenders · oldest 18.3y
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 18.3 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: high (84/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
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 | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £1.98M | £1.98M |
| Current assets | £4.72M | £3.57M |
| Cash | £578.4k | £375.8k |
| Debtors | £1.16M | £801.7k |
| Net assets | £1.98M | £1.98M |
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
- • 1 mortgage
- • 1 mortgage
Corporate timeline (72 events)Click to expand
- 2026-03-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-17🔒Charge registered #13Lender: Barclays Bank PLC
- 2025-07-04📄resolutionresolution · RESOLUTIONS
- 2025-06-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-16📄resolutionresolution · RESOLUTIONS
- 2024-10-18➕WHITFIELD, Craig appointeddirector
- 2024-10-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-09-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-17📄resolutionresolution · RESOLUTIONS
- 2023-04-17📄resolutionresolution · RESOLUTIONS
- 2023-04-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-03-28➕VERMEULEN, Pascal appointeddirector
- 2022-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-07📄change-person-director-company-with-change-dateofficers · CH01
- 2021-05-07📄change-person-director-company-with-change-dateofficers · CH01
- 2020-12-22📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2020-12-18📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2020-12-16📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2020-11-23📄second-filing-of-annual-return-with-made-up-dateannual-return · RP04AR01
- 2020-11-23📄second-filing-of-annual-return-with-made-up-dateannual-return · RP04AR01
- 2019-08-27➕GILTHORPE, David Alexander appointeddirector
- 2019-08-27➕HAKONSEN, Atle appointeddirector
- 2017-05-31➖MARTIN, Moray Brebner resigneddirector
- 2017-03-31➖MURPHY, Timothy Ralph Robert resigneddirector
- 2017-02-03🔒Charge registered #12Lender: Barclays Bank PLC
- 2016-05-27🔒Charge registered #11Lender: Barclays Bank PLC
- 2016-05-25🔓Charge satisfied #8
- 2016-02-05➖RUTHERFORD, Francesca resignedsecretary
- 2016-02-05➖RUTHERFORD, Francesca resigneddirector
- 2015-09-24➕MURPHY, Timothy Ralph Robert appointeddirector
- 2015-01-15🔓Charge satisfied #9
- 2015-01-15🔓Charge satisfied #7
- 2015-01-15🔓Charge satisfied #6
- 2015-01-15🔓Charge satisfied #5
- 2015-01-15🔓Charge satisfied #4
- 2015-01-15🔓Charge satisfied #3
- 2015-01-15🔓Charge satisfied #2
- 2015-01-15🔓Charge satisfied #1
- 2014-10-22🔒Charge registered #10Lender: Barclays Bank PLC
- 2014-07-01➕RUTHERFORD, Francesca appointedsecretary
- 2014-07-01➕RUTHERFORD, Francesca appointeddirector
- 2014-05-01➕MARTIN, Moray Brebner appointeddirector
- 2014-04-19➖ANDERSON, Anthony resigneddirector
- 2013-04-30➖SWADDLE-SCOTT, Stanley Timothy resigneddirector
- 2012-09-12➖MURRAY, Gerard Thomas resigneddirector
- 2012-07-31➖RIDDELL, Simon resignedsecretary
- 2012-07-31➖RIDDELL, Simon Francis resigneddirector
- 2012-07-16➕SWADDLE-SCOTT, Stanley Timothy appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- -6 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 79 — succession pressure is live.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
- secondary12+ year tenure: Director in role 18 years.
- 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 |
|---|---|---|---|---|
Sir Peter Vardy Individual · British · DOB 03/1947 · age 79 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
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 (6 active · 12 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | A registered charge | — | 17/03/2026 | — | |
| outstanding | Barclays Barclays Bank PLC | A registered charge | — | 03/02/2017 | — | |
| outstanding | Barclays Barclays Bank PLC | A registered charge | — | 27/05/2016 | — | |
| outstanding | Barclays Barclays Bank PLC | A registered charge | — | 22/10/2014 | — | |
| satisfied | Sir Peter Vardy | Debenture | 1 property | 22/03/2012 | 15/01/2015 | |
| satisfied | Anthony Anderson | Debenture | 1 property | 13/05/2011 | 25/05/2016 | |
| satisfied | Sir Peter Vardy | Debenture | 1 property | 13/05/2011 | 15/01/2015 | |
| satisfied | Simon Riddell | Debenture | 1 property | 13/05/2011 | 15/01/2015 | |
| satisfied | North East Accelerator LP | Debenture | 1 property | 13/05/2011 | 15/01/2015 | |
| satisfied | Sir Peter Vardy (Acting as Security Trustee and Agent for the Vardy Partnership) | Debenture | 1 property | 20/08/2010 | 15/01/2015 | |
| satisfied | The North East Accelerator Partnership The North East Accelerator Limited Partnership | Debenture | 1 property | 20/08/2010 | 15/01/2015 | |
| satisfied | Sir Peter Vardy | Debenture | 1 property | 07/08/2009 | 15/01/2015 | |
| satisfied | Barclays Barclays Bank PLC | Debenture | 1 property | 28/12/2007 | 15/01/2015 |