SONIK SPORTS LIMITED

🌳Matureactive
06367388 · ltd · incorporated 2007-09-11
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£1.98M
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: SIC 32300
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 79-year-old founder — textbook succession opportunity.

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

25/100
too messy

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.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
13 charges (13/13 with lender, 13/13 with type)
90
Directors & officers
18 officers (6 active, 18 linked, 14 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
19 connected companies via shared directors
90
Filing history
134 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £1,984,794
Cash YoY
+54%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£578k
↑ 54% YoY
Net Worth
£2.0m
~ YoY
Current Assets
£4.7m
↑ 32% YoY
Current Liabilities
£0£943k£1.9m£2.8m£3.8m£4.7mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
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.

🔒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
1
filing
  • 1 mortgage
Last 180 days
1
filing
  • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (72 events)Click to expand
  1. 2026-03-18
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2026-03-17
    🔒
    Charge registered #13
    Lender: Barclays Bank PLC
  3. 2025-07-04
    📄
    resolution
    resolution · RESOLUTIONS
  4. 2025-06-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-12-16
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2024-10-18
    WHITFIELD, Craig appointed
    director
  7. 2024-10-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2024-09-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-04-17
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2023-04-17
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2023-04-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2023-03-28
    VERMEULEN, Pascal appointed
    director
  14. 2022-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2021-08-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2021-05-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2021-05-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2020-12-22
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  19. 2020-12-18
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  20. 2020-12-16
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  21. 2020-11-23
    📄
    second-filing-of-annual-return-with-made-up-date
    annual-return · RP04AR01
  22. 2020-11-23
    📄
    second-filing-of-annual-return-with-made-up-date
    annual-return · RP04AR01
  23. 2019-08-27
    GILTHORPE, David Alexander appointed
    director
  24. 2019-08-27
    HAKONSEN, Atle appointed
    director
  25. 2017-05-31
    MARTIN, Moray Brebner resigned
    director
  26. 2017-03-31
    MURPHY, Timothy Ralph Robert resigned
    director
  27. 2017-02-03
    🔒
    Charge registered #12
    Lender: Barclays Bank PLC
  28. 2016-05-27
    🔒
    Charge registered #11
    Lender: Barclays Bank PLC
  29. 2016-05-25
    🔓
    Charge satisfied #8
  30. 2016-02-05
    RUTHERFORD, Francesca resigned
    secretary
  31. 2016-02-05
    RUTHERFORD, Francesca resigned
    director
  32. 2015-09-24
    MURPHY, Timothy Ralph Robert appointed
    director
  33. 2015-01-15
    🔓
    Charge satisfied #9
  34. 2015-01-15
    🔓
    Charge satisfied #7
  35. 2015-01-15
    🔓
    Charge satisfied #6
  36. 2015-01-15
    🔓
    Charge satisfied #5
  37. 2015-01-15
    🔓
    Charge satisfied #4
  38. 2015-01-15
    🔓
    Charge satisfied #3
  39. 2015-01-15
    🔓
    Charge satisfied #2
  40. 2015-01-15
    🔓
    Charge satisfied #1
  41. 2014-10-22
    🔒
    Charge registered #10
    Lender: Barclays Bank PLC
  42. 2014-07-01
    RUTHERFORD, Francesca appointed
    secretary
  43. 2014-07-01
    RUTHERFORD, Francesca appointed
    director
  44. 2014-05-01
    MARTIN, Moray Brebner appointed
    director
  45. 2014-04-19
    ANDERSON, Anthony resigned
    director
  46. 2013-04-30
    SWADDLE-SCOTT, Stanley Timothy resigned
    director
  47. 2012-09-12
    MURRAY, Gerard Thomas resigned
    director
  48. 2012-07-31
    RIDDELL, Simon resigned
    secretary
  49. 2012-07-31
    RIDDELL, Simon Francis resigned
    director
  50. 2012-07-16
    SWADDLE-SCOTT, Stanley Timothy appointed
    director
Showing most recent 50 of 72 events

Owner dependency

65/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -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

73/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • 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 ·
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
Sir Peter Vardy
Individual · British · DOB 03/1947 · age 79
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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
Incorporated2007-09-11
Jurisdictionengland-wales
Primary SIC32300 — SIC 32300

Registered office

Blyth Riverside
Business Park
Blyth
Northumberland
NE24 4RP

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-25
Last: 2025-09-11

Officers (6 active · 12 resigned)

GILTHORPE, David Alexander
director · ~69y · appointed 2019-08-27
View their other companies + combined net worth →
Active
HAKONSEN, Atle
director · ~53y · appointed 2019-08-27
View their other companies + combined net worth →
Active
MCCORMACK, Ian David
director · ~64y · appointed 2008-05-15
View their other companies + combined net worth →
Active
VARDY, Peter, Sir
director · ~79y · appointed 2009-08-07
View their other companies + combined net worth →
Active
VERMEULEN, Pascal
director · ~56y · appointed 2023-03-28
View their other companies + combined net worth →
Active
WHITFIELD, Craig
director · ~48y · appointed 2024-10-18
View their other companies + combined net worth →
Active
OPENSHAW, Brynne
secretary · appointed 2007-09-11 · resigned 2007-12-21
Resigned
OPENSHAW, John Paul
secretary · appointed 2007-12-21 · resigned 2011-02-18
Resigned
RIDDELL, Simon
secretary · appointed 2011-03-01 · resigned 2012-07-31
Resigned
RUTHERFORD, Francesca
secretary · appointed 2014-07-01 · resigned 2016-02-05
Resigned
ANDERSON, Anthony
director · ~80y · appointed 2007-12-21 · resigned 2014-04-19
Resigned
MARTIN, Moray Brebner
director · ~71y · appointed 2014-05-01 · resigned 2017-05-31
Resigned
MURPHY, Timothy Ralph Robert
director · ~56y · appointed 2015-09-24 · resigned 2017-03-31
Resigned
MURRAY, Gerard Thomas
director · ~63y · appointed 2009-08-07 · resigned 2012-09-12
Resigned
OPENSHAW, John Paul
director · ~62y · appointed 2007-09-11 · resigned 2011-02-18
Resigned
RIDDELL, Simon Francis
director · ~65y · appointed 2011-03-01 · resigned 2012-07-31
Resigned
RUTHERFORD, Francesca
director · ~44y · appointed 2014-07-01 · resigned 2016-02-05
Resigned
SWADDLE-SCOTT, Stanley Timothy
director · ~51y · appointed 2012-07-16 · resigned 2013-04-30
Resigned

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

Mortgages & charges

13
Total charges
4
Outstanding
1
Active lenders
Status:Lender:13 of 13 shown
TypeProperties
outstanding
Barclays
Barclays Bank PLC
A registered charge17/03/2026
outstanding
Barclays
Barclays Bank PLC
A registered charge03/02/2017
outstanding
Barclays
Barclays Bank PLC
A registered charge27/05/2016
outstanding
Barclays
Barclays Bank PLC
A registered charge22/10/2014
satisfied
Sir Peter Vardy
Debenture1 property22/03/201215/01/2015
satisfied
Anthony Anderson
Debenture1 property13/05/201125/05/2016
satisfied
Sir Peter Vardy
Debenture1 property13/05/201115/01/2015
satisfied
Simon Riddell
Debenture1 property13/05/201115/01/2015
satisfied
North East Accelerator LP
Debenture1 property13/05/201115/01/2015
satisfied
Sir Peter Vardy (Acting as Security Trustee and Agent for the Vardy Partnership)
Debenture1 property20/08/201015/01/2015
satisfied
The North East Accelerator Partnership
The North East Accelerator Limited Partnership
Debenture1 property20/08/201015/01/2015
satisfied
Sir Peter Vardy
Debenture1 property07/08/200915/01/2015
satisfied
Barclays
Barclays Bank PLC
Debenture1 property28/12/200715/01/2015
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (134 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-11
resolution
resolution · RESOLUTIONS
2025-07-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-12
resolution
resolution · RESOLUTIONS
2024-12-16
appoint-person-director-company-with-name-date
officers · AP01
2024-10-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-27
resolution
resolution · RESOLUTIONS
2023-04-17
resolution
resolution · RESOLUTIONS
2023-04-17
appoint-person-director-company-with-name-date
officers · AP01
2023-04-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-22