DRAINJET LTD
Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
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 | 2025-03-31 | 2024-03-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (23 events)Click to expand
- 2025-12-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-07-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-07-21📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-12-20➖WOOD, Linda resigneddirector
- 2024-12-20➖WOOD, Peter resigneddirector
- 2024-12-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-22➕WOOD, Andrea appointeddirector
- 2024-07-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-06-30➕WOOD, Mark Peter appointeddirector
- 2024-06-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-11-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-11-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-12-20📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-07-27🏢Company incorporatedAs DRAINJET LTD
- 2012-07-27➕WOOD, Linda appointeddirector
- 2012-07-27➕WOOD, Peter appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Andrea Wood Individual · British · DOB 06/1975 · age 51 | 75–100% | — | 75-100% shares | 01/04/2025 |
1 historic (ceased) PSC
- Mr Peter Woodceased 01/04/2025· 50-75% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 (2 active · 2 resigned)
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