DRAIN BRAINS LTD

🌳Matureactive
08590117 · ltd · incorporated 2013-06-28
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 Aug 2025
Net worth
—
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: SIC 37000
Sector: Water supply & waste
ALSO REGISTERED FOR
  • 81222Specialised cleaning services
Investor take
Pursue
Active trading company with a 75-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 75). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

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, 2 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, 4 with DOB)
86
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
34 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
70
Active, clean filings, stable charge profile.
Acquirability
70
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£0£0£0£0£0Aug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-08-312024-08-31
Average employees200-200

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
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-03-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-11-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-05-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-05-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-02-18
    ➕
    MORGAN, Michael appointed
    director
  9. 2021-02-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2021-02-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  11. 2020-05-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-05-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-10-11
    📄
    accounts-amended-with-accounts-type-total-exemption-small
    accounts · AAMD
  16. 2016-05-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2015-02-01
    ➖
    MORGAN, Michael resigned
    director
  18. 2013-06-28
    🏢
    Company incorporated
    As DRAIN BRAINS LTD
  19. 2013-06-28
    ➕
    MORGAN, Christopher Matthew appointed
    secretary
  20. 2013-06-28
    ➕
    MORGAN, Christopher Matthew appointed
    director
  21. 2013-06-28
    ➕
    MORGAN, Marie appointed
    director
  22. 2013-06-28
    ➖
    MORGAN, Marie resigned
    director
  23. 2013-06-28
    ➕
    MORGAN, Michael appointed
    director

Owner dependency

81/100
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.
  • +Founder age: Director aged approximately 75 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

79/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 13 years.
  • 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Michael Morgan
Individual · British · DOB 08/1978 · age 48
25–50%
—25-50% shares17/02/2021
Mr Christopher Matthew Morgan
Individual · British · DOB 01/1951 · age 75
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
1 historic (ceased) PSC
  • Mrs Marie Teresa Morganceased 04/11/2025· 50-75% shares · 50-75% 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 →

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

7 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
Incorporated2013-06-28
Jurisdictionengland-wales
Primary SIC37000 — SIC 37000

Registered office

74 Ford Road
Upton Wirral
Wirral
Merseyside
CH49 0TG

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-11-18
Last: 2025-11-04

Officers (3 active · 2 resigned)

MORGAN, Christopher Matthew→
secretary · appointed 2013-06-28
View their other companies + combined net worth →
Active
MORGAN, Christopher Matthew→
director · ~75y · appointed 2013-06-28
View their other companies + combined net worth →
Active
MORGAN, Michael→
director · ~48y · appointed 2021-02-18
View their other companies + combined net worth →
Active
MORGAN, Marie→
director · ~75y · appointed 2013-06-28 · resigned 2013-06-28
Resigned
MORGAN, Michael→
director · ~48y · appointed 2013-06-28 · resigned 2015-02-01
Resigned

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

Recent filings (34 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-28
appoint-person-director-company-with-name-date
officers · AP01
2021-02-18
confirmation-statement-with-updates
confirmation-statement · CS01
2021-02-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-02-17