CLUCAS METHOD OF ENTRY LIMITED
💤Zombieactive
01166522 · ltd · incorporated 1974-04-10
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£-58.9k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Other manufacturing n.e.c.
Sector: Manufacturing
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 78/100 (strong), bankability 65/100. Strong seller-intent signal (70/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 10 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
11 live charges · 2 lenders · oldest 48.6y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 48.6 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
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
11 charges (11/11 with lender, 11/11 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 4 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
103 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Negative net assets
Liabilities exceed assets by £58,864
Net assets shrinking
Down £75,567 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£59k
↓ 452% YoY
Current Assets
£83k
↑ 14% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | — | £37.0k |
| Current assets | £83.3k | £72.8k |
| Cash | — | £183 |
| Debtors | — | £66.4k |
| Net assets | £-58.9k | £16.7k |
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 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
- 2025-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-10📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-10-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-20📄change-person-director-company-with-change-dateofficers · CH01
- 2019-09-20📄change-person-secretary-company-with-change-dateofficers · CH03
- 2019-09-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-10-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-09-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-07-20🔒Charge registered #11Lender: Barclays Bank PLC
- 2006-08-16➖JENNISON, Peter Anson resigneddirector
- 2005-04-26🔒Charge registered #10Lender: Barclays Bank PLC
- 2000-03-29➕CLUCAS, Elaine appointedsecretary
- 2000-03-28➖RENFREE, Wendy Margarita resignedsecretary
- 2000-03-13🔒Charge registered #9Lender: Barclays Bank PLC
- 1997-11-07🔒Charge registered #8Lender: Barclays Bank PLC
- 1997-06-20🔒Charge registered #7Lender: Barclays Bank PLC
- 1994-03-16➖CLUCAS, Reginald resigneddirector
- 1994-01-03➕JENNISON, Peter Anson appointeddirector
- 1993-11-18➕CLUCAS, Ross Denison appointeddirector
- 1992-07-29➖ALLEN, Edward Paul Ion resigneddirector
- 1986-04-28🔒Charge registered #6Lender: Barclays Bank PLC
- 1986-04-28🔒Charge registered #5Lender: Barclays Bank PLC
- 1986-04-28🔒Charge registered #4Lender: Barclays Bank PLC
- 1979-02-01🔒Charge registered #3Lender: Barclays Bank LTD
- 1977-11-28🔒Charge registered #2Lender: Barclays Bank LTD
- 1977-11-28🔒Charge registered #1Lender: Barclays Bank LTD
- 1974-04-10🏢Company incorporatedAs CLUCAS METHOD OF ENTRY LIMITED
Owner dependency
100/100
Critical — business is the founderThe 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.
- +Founder name in company name: Company name contains director surname "CLUCAS" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 33 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
85/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 33 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 52 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 low11 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ross Denison Clucas Individual · British · DOB 06/1965 · age 61 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 05/05/2016 |
Mrs Elaine Clucas Individual · British · DOB 11/1966 · age 60 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 10/10/2022 |
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 →Similar companies
Active · Manufacturing · HU postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BRAND GRAPHICS LIMITED→ 11483331 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| BRR ELECTRICAL LTD→ 16506681 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| C.B.NORTH (TIMBER) LIMITED→ 12568500 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| CASSIDYS SUNBLINDS LIMITED→ 09144915 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| CDM LABELS LIMITED→ 09699350 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| CINSANO WIND LTD→ 16742226 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CLARKSON SERVICES LIMITED→ 03206810 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| CLAUGHTON FURNITURE LIMITED→ 11096780 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| CLP FABRICATION LTD→ 14620460 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| CLR ROOMS LTD→ 14113026 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| CLUCAS DIVING & MARINE ENGINEERING LIMITED→ 03690394 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| CMO ELECTRICAL SOLUTIONS LTD→ 13611023 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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
Incorporated1974-04-10
Jurisdictionengland-wales
Primary SIC32990 — Other manufacturing n.e.c.
Registered office
Sandiacre
Dunswell Road
Cottingham
East Yorkshire
HU16 4JT
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-05-18
Last: 2026-05-04
Officers (2 active · 4 resigned)
Active
CLUCAS, Ross Denison→
Activedirector · ~61y · appointed 1993-11-18
View their other companies + combined net worth →
RENFREE, Wendy Margarita→
Resignedsecretary · resigned 2000-03-28
ALLEN, Edward Paul Ion→
Resigneddirector · ~74y · resigned 1992-07-29
CLUCAS, Reginald→
Resigneddirector · ~94y · resigned 1994-03-16
JENNISON, Peter Anson→
Resigneddirector · ~64y · appointed 1994-01-03 · resigned 2006-08-16
Click a director name to see their full track record across all companies.
Mortgages & charges
11
Total charges
11
Outstanding
1
Active lenders
Status:Lender:11 of 11 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | Legal charge | 1 property | 20/07/2012 | — | |
| outstanding | Barclays Barclays Bank PLC | Deed of charge over credit balances | 1 property | 26/04/2005 | — | |
| outstanding | Barclays Barclays Bank PLC | Legal charge | 1 property | 13/03/2000 | — | |
| outstanding | Barclays Barclays Bank PLC | Legal charge | 1 property | 07/11/1997 | — | |
| outstanding | Barclays Barclays Bank PLC | Debenture | 1 property | 20/06/1997 | — | |
| outstanding | Barclays Barclays Bank PLC | Legal charge | 1 property | 28/04/1986 | — | |
| outstanding | Barclays Barclays Bank PLC | Legal charge | 1 property | 28/04/1986 | — | |
| outstanding | Barclays Barclays Bank PLC | Legal charge | 1 property | 28/04/1986 | — | |
| outstanding | Barclays Barclays Bank LTD | Legal charge | 1 property | 01/02/1979 | — | |
| outstanding | Barclays Barclays Bank LTD | Legal charge | 1 property | 28/11/1977 | — | |
| outstanding | Barclays Barclays Bank LTD | Legal charge | 1 property | 28/11/1977 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (103 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-05-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-10-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-10-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-07