CLEAR OUT (UK) LIMITED

💤Zombieactive
09020377 · ltd · incorporated 2014-05-01
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
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Turnover
year to May 2025
Net worth
£42.0k
book net assets
Opportunity
64/100
Worth a look
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What this business does
Primary activity: SIC 38320
Sector: Water supply & waste
Investor take
Special-situation opportunity
Distressed energy with salvageable qualities — special-situations priority.

Opportunity 64/100 (worth a look), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (71/100)

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £42,015

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£42k
↑ 31% YoY
Current Assets
£4k
~ YoY
Current Liabilities
£0£8k£17k£25k£34k£42kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£42.0k£32.1k
Current assets£3.7k£3.7k
Net assets£42.0k£32.1k

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

Recent activity

Last 30 days
0
filings
Last 90 days
3
filings
  • 2 gazette
  • 1 accounts
Last 180 days
3
filings
  • 2 gazette
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-05-09
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2026-05-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2026-04-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2025-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-10-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2021-05-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-01-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2020-02-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-03-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2018-08-28
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  14. 2018-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2017-04-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2016-05-13
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2014-05-01
    🏢
    Company incorporated
    As CLEAR OUT (UK) LIMITED
  18. 2014-05-01
    EDWARDS, Tariq appointed
    director

Owner dependency

80/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

53/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 12 years.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-15

🔒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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16313860 · est 2025 · no financials extracted
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2014-05-01
Jurisdictionwales
Primary SIC38320 — SIC 38320

Registered office

Office 2 The Celebration Building Wern Trading Estate
Rogerstone
Newport
NP10 9FQ
Wales

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-15OVERDUE
Last: 2025-05-01

Officers (1 active · 0 resigned)

EDWARDS, Tariq
director · ~39y · appointed 2014-05-01
View their other companies + combined net worth →
Active

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

Recent filings (30 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2026-05-09
accounts-with-accounts-type-micro-entity
accounts · AA
2026-05-06
gazette-notice-compulsory
gazette · GAZ1
2026-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-29
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-09
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-30
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-10-18
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-18
change-person-director-company-with-change-date
officers · CH01
2021-01-05