DRAINS R US (EASTERN) LIMITED
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.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2026-03-31 | 2025-03-31 |
|---|---|---|
| Total assets | — | £762.0k |
| Current assets | — | £784.2k |
| Net assets | — | £757.5k |
| Average employees | 500 | — |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
- • 1 accounts
Corporate timeline (23 events)Click to expand
- 2026-06-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-06-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-08-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-06-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-07-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-08-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-07-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-07-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-08-11📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2016-10-25📄capital-allotment-sharescapital · SH01
- 2016-09-26📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-02-09📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2008-07-18➕COOTE, Melanie Jane appointeddirector
- 2003-01-20🏢Company incorporatedAs DRAINS R US (EASTERN) LIMITED
- 2003-01-20➕COOTE, Melanie Jane appointedsecretary
- 2003-01-20➕COOTE, John George appointeddirector
- 2003-01-20➕LONDON LAW SECRETARIAL LIMITED appointedcorporate-nominee-secretary
- 2003-01-20➖LONDON LAW SECRETARIAL LIMITED resignedcorporate-nominee-secretary
- 2003-01-20➕LONDON LAW SERVICES LIMITED appointedcorporate-nominee-director
- 2003-01-20➖LONDON LAW SERVICES LIMITED resignedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +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
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- 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
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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 →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 (3 active · 2 resigned)
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