DRAINS R US (EASTERN) LIMITED

🌳Matureactive
04641177 · ltd · incorporated 2003-01-20
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 Mar 2026
Net worth
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: SIC 39000
Sector: Water supply & waste
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 59). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (67/100)

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
Confirmed no charges registered
85
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
64 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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£157k£314k£471k£627k£784kMar 2025Mar 2026

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2026-03-312025-03-31
Total assets£762.0k
Current assets£784.2k
Net assets£757.5k
Average employees500

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

🔒Filing-note intelligence

1 signal 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 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-06-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-06-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-07-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-08-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-08-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2022-06-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-07-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-12-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2020-08-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-07-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-07-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-08-11
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  13. 2016-10-25
    📄
    capital-allotment-shares
    capital · SH01
  14. 2016-09-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-02-09
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2008-07-18
    COOTE, Melanie Jane appointed
    director
  17. 2003-01-20
    🏢
    Company incorporated
    As DRAINS R US (EASTERN) LIMITED
  18. 2003-01-20
    COOTE, Melanie Jane appointed
    secretary
  19. 2003-01-20
    COOTE, John George appointed
    director
  20. 2003-01-20
    LONDON LAW SECRETARIAL LIMITED appointed
    corporate-nominee-secretary
  21. 2003-01-20
    LONDON LAW SECRETARIAL LIMITED resigned
    corporate-nominee-secretary
  22. 2003-01-20
    LONDON LAW SERVICES LIMITED appointed
    corporate-nominee-director
  23. 2003-01-20
    LONDON LAW SERVICES LIMITED resigned
    corporate-nominee-director

Owner dependency

84/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

76/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 24 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2003-01-20
Jurisdictionengland-wales
Primary SIC39000 — SIC 39000

Registered office

Cranmore House Cranmore Lane
Holbeach
Spalding
PE12 7HT
England

Filing status

Accounts
Next due: 2027-12-31
Last made up to: 2026-03-31
Confirmation statement
Next due: 2026-11-08
Last: 2025-10-25

Officers (3 active · 2 resigned)

COOTE, Melanie Jane
secretary · appointed 2003-01-20
View their other companies + combined net worth →
Active
COOTE, John George
director · ~59y · appointed 2003-01-20
View their other companies + combined net worth →
Active
COOTE, Melanie Jane
director · ~54y · appointed 2008-07-18
View their other companies + combined net worth →
Active
LONDON LAW SECRETARIAL LIMITED
corporate-nominee-secretary · appointed 2003-01-20 · resigned 2003-01-20
Resigned
LONDON LAW SERVICES LIMITED
corporate-nominee-director · appointed 2003-01-20 · resigned 2003-01-20
Resigned

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

Recent filings (64 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-06-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-01
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-31
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-08-15
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-05
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-12-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-30
accounts-with-accounts-type-micro-entity
accounts · AA
2020-08-28