DRAIN & ABLE SOUTHERN LIMITED

🌳Matureactive

06686632 · ltd · incorporated 2008-09-02

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 Sept 2025

Net worth

£248

book net assets

Opportunity

74/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 39000

Sector: Water supply & waste

Investor take

Pursue

Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 74/100 (strong), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (72/100)

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

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

8 officers (3 active, 8 linked, 8 with DOB)

Ownership & PSC

3 active PSC(s) of 5 total, 5 with control declared

Director network

2 connected companies via shared directors

Filing history

73 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

74/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £248

Key financials

1 year extracted from filed iXBRL accounts

Cash

£3k

Net Worth

£248

Current Assets

£4k

Current Liabilities

—

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-09-30
Total assets	£5.5k
Current assets	£3.8k
Cash	£2.9k
Debtors	£835
Net assets	£248

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

filings

Last 90 days

filings

• 2 officers

Last 180 days

filings

• 2 officers

Counts from Companies House filing history.

Corporate timeline (37 events)Click to expand

2026-05-18
➕
ANDREWS, Diane appointed
director
2026-05-18
➖
HARRIS, Leanne resigned
director
2026-05-18
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-05-18
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-10-20
➕
ANDREWS, Connor appointed
director
2025-10-20
➕
AYRES, Samuel John appointed
director
2025-10-20
➖
ANDREWS, Diane resigned
director
2025-10-20
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-10-20
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-10-20
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-10-20
📄
capital-allotment-shares
capital · SH01
2025-10-20
📄
capital-allotment-shares
capital · SH01
2025-10-20
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-10-20
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-10-20
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-10-20
✏️
certificate-change-of-name-company
change-of-name · CERTNM
2025-10-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-23
📄
change-account-reference-date-company-current-shortened
accounts · AA01
2025-09-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-18
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-09-18
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-09-16
➖
CLARKE, Benjamin resigned
director
2025-05-16
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-05-16
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-01-02
📄
capital-allotment-shares
capital · SH01
2024-12-28
📄
memorandum-articles
incorporation · MA
2024-12-28
📄
resolution
resolution · RESOLUTIONS
2024-10-15
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-08-29
📄
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2024-05-20
➖
ANDREWS, Kevin resigned
director
2024-04-15
➕
ANDREWS, Diane appointed
director
2024-04-15
➕
CLARKE, Benjamin appointed
director
2024-04-15
➕
HARRIS, Leanne appointed
director
2008-09-02
🏢
Company incorporated
As DRAIN & ABLE SOUTHERN LIMITED
2008-09-02
➕
ANDREWS, Kevin appointed
director
2008-09-02
➕
VALAITIS, Peter Anthony appointed
director
2008-09-02
➖
VALAITIS, Peter Anthony resigned
director

Owner dependency

66/100

High — earn-out structure required

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

FACTORS

+Senior director age: Director aged approximately 63 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Red flags

2 med ·

3 director resignations in last 12 months

medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: ANDREWS, Diane resigned 2025-10-20; CLARKE, Benjamin resigned 2025-09-16; HARRIS, Leanne resigned 2026-05-18

Name changed recently

medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-10-20: certificate-change-of-name-company

Shareholders & ownership

3 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Samuel John Ayres Individual · British · DOB 01/1990 · age 36	25–50%	25–50%	25-50% shares · 25-50% voting	20/10/2025
Mr Connor Andrews Individual · British · DOB 02/1994 · age 32	25–50%	25–50%	25-50% shares · 25-50% voting	20/10/2025
Ms Leanne Harris Individual · British · DOB 07/1988 · age 38	25–50%	25–50%	25-50% shares · 25-50% voting	09/08/2024

2 historic (ceased) PSCs

Mrs Diane Andrewsceased 20/10/2025· 25-50% shares · 25-50% voting
Mr Benjamin Clarkeceased 16/09/2025· 25-50% shares · 25-50% voting

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 · Energy & utilities · RG postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
DEFINITIVE ELECTRICAL LIMITED→ 12581325 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
GOOD WITH WASTE LTD→ 17061721 · est 2026 · no financials extracted	—	—	—	—	—	—	—
GRABLOADER LIMITED→ 04722993 · est 2003 · no financials extracted	—	—	—	—	23y	—	—
GREENCYCLE RECYCLING LIMITED→ 14585710 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
HARTLEY SERVICES LIMITED→ 05659196 · est 2005 · no financials extracted	—	—	—	—	20y	—	—
HAZELL AND JEFFERIES LIMITED→ 01029519 · est 1971 · no financials extracted	—	—	—	—	54y	—	—
HAZSAFE LIMITED→ 06536326 · est 2008 · no financials extracted	—	—	—	—	18y	—	—
HD TECHNICAL LTD→ 15520524 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
HEAT COLLECTOR LTD→ 07678189 · est 2011 · no financials extracted	—	—	—	—	14y	—	—
HIGH BARNS RENEWABLE ENERGY LIMITED→ 15047706 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
HOMEDEC PLUMBING AND DECORATING LTD→ 10098479 · est 2016 · no financials extracted	—	—	—	—	10y	—	—
HOPPA BAG READING LIMITED→ 05974971 · est 2006 · no financials extracted	—	—	—	—	19y	—	—

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

Incorporated2008-09-02

Jurisdictionengland-wales

Primary SIC39000 — SIC 39000

Registered office

5-7 Norcot Road Norcot Road

Tilehurst

Reading

Berkshire

RG30 6BP

England

Filing status

Accounts

Next due: 2027-06-30

Last made up to: 2025-09-30

Confirmation statement

Next due: 2026-09-05

Last: 2025-08-22

Officers (3 active · 5 resigned)

ANDREWS, Connor→

director · ~32y · appointed 2025-10-20

View their other companies + combined net worth →

Active

ANDREWS, Diane→

director · ~63y · appointed 2026-05-18

View their other companies + combined net worth →

Active

AYRES, Samuel John→

director · ~36y · appointed 2025-10-20

View their other companies + combined net worth →

Active

ANDREWS, Diane→

director · ~63y · appointed 2024-04-15 · resigned 2025-10-20

Resigned

ANDREWS, Kevin→

director · ~65y · appointed 2008-09-02 · resigned 2024-05-20

Resigned

CLARKE, Benjamin→

director · ~50y · appointed 2024-04-15 · resigned 2025-09-16

Resigned

HARRIS, Leanne→

director · ~38y · appointed 2024-04-15 · resigned 2026-05-18

Resigned

VALAITIS, Peter Anthony→

director · ~76y · appointed 2008-09-02 · resigned 2008-09-02

Resigned

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

Recent filings (73 total)

appoint-person-director-company-with-name-date

officers · AP01

2026-05-18

termination-director-company-with-name-termination-date

officers · TM01

2026-05-18

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC01

2025-10-20

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC01

2025-10-20

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2025-10-20

capital-allotment-shares

capital · SH01

2025-10-20

capital-allotment-shares

capital · SH01

2025-10-20

appoint-person-director-company-with-name-date

officers · AP01

2025-10-20

appoint-person-director-company-with-name-date

officers · AP01

2025-10-20

termination-director-company-with-name-termination-date

officers · TM01

2025-10-20

certificate-change-of-name-company

change-of-name · CERTNM

2025-10-20

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-10-09

change-account-reference-date-company-current-shortened

accounts · AA01

2025-09-23

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-09-22

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2025-09-18