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The name was adopted in 1929 after Alliot Verdon Roe ( see Avro ) and John Lord took a controlling interest in the boat-builders S. E.
Saunders.
Prior to this ( excepting for the Sopwith / Saunders Bat Boat ) the products were Saunders, the A4 Medina for example dating from 1926.
Sam Saunders the founder developed the Consuta material used in marine and aviation craft.
Details can be found in the hardcover A Solent Flight by Ivor J. Hilliker.

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