CLEARWAY PLUMBING & DRAINS LTD
🌳Matureactive
09825975 · ltd · incorporated 2015-10-15
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2025
Net worth
£295.9k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 37000
Sector: Water supply & waste
ALSO REGISTERED FOR
- 43999Other specialised construction activities n.e.c.
Investor take
PursueAsset-holding vehicle. Family succession underway — not a classic acquisition target.
Opportunity 79/100 (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 (78/100)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
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
40 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £295,915
Cash YoY
+107%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£191k
↑ 107% YoY
Net Worth
£296k
↑ 29% YoY
Current Assets
£341k
↑ 19% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-08-31 | 2024-08-31 |
|---|---|---|
| Total assets | £295.9k | £232.6k |
| Current assets | £341.1k | £287.0k |
| Cash | £190.6k | £92.0k |
| Debtors | £150.6k | £195.0k |
| Net assets | £295.9k | £229.0k |
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
1
filing
- • 1 confirmation-statement
Last 90 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2026-04-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-21📄change-person-director-company-with-change-dateofficers · CH01
- 2024-06-21📄change-person-director-company-with-change-dateofficers · CH01
- 2024-06-21📄change-person-director-company-with-change-dateofficers · CH01
- 2024-06-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-06-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-06-21📄change-person-director-company-with-change-dateofficers · CH01
- 2024-06-21📄change-person-director-company-with-change-dateofficers · CH01
- 2024-06-21📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-06-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-06-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-05-21➕HARRIS, James William appointeddirector
- 2024-05-21➕SIMESTER, Paul appointeddirector
- 2024-05-21📍move-registers-to-sail-company-with-new-addressaddress · AD03
- 2024-05-21📍change-sail-address-company-with-new-addressaddress · AD02
- 2024-05-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-30📄capital-alter-shares-subdivisioncapital · SH02
- 2024-03-22📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-03-22📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-03-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-03-22📄capital-allotment-sharescapital · SH01
- 2023-02-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2015-10-15🏢Company incorporatedAs CLEARWAY PLUMBING & DRAINS LTD
- 2015-10-15➕SIMESTER, Clive James appointeddirector
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder age: Director aged approximately 74 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
25/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- primaryFamily succession underway: Not a takeover target — SIMESTER, Paul (same surname) appointed 2024-05-21. Pattern consistent with intra-family handover.
- primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Paul Simester Individual · British · DOB 02/1974 · age 52 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 07/04/2023 |
James William Harris Individual · British · DOB 09/1990 · age 36 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 07/04/2023 |
Mr Clive James Simester Individual · British · DOB 06/1952 · age 74 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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| CLASH GOUR WIND FARM LIMITED→ 16903132 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| COASTAL C&I LIMITED→ 16444870 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| COOL MUNCHKIN LTD→ 08888383 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
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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
Incorporated2015-10-15
Jurisdictionengland-wales
Primary SIC37000 — SIC 37000
Registered office
Pippins Cherry Drive
Forty Green
Beaconsfield
Buckinghanshire
HP9 1XP
England
Filing status
Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2027-05-03
Last: 2026-04-19
Officers (3 active · 0 resigned)
HARRIS, James William→
Activedirector · ~36y · appointed 2024-05-21
View their other companies + combined net worth →
SIMESTER, Clive James→
Activedirector · ~74y · appointed 2015-10-15
View their other companies + combined net worth →
SIMESTER, Paul→
Activedirector · ~52y · appointed 2024-05-21
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (40 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-21
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-17
change-person-director-company-with-change-date
officers · CH01
2024-06-21
change-person-director-company-with-change-date
officers · CH01
2024-06-21
change-person-director-company-with-change-date
officers · CH01
2024-06-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-06-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-06-21
change-person-director-company-with-change-date
officers · CH01
2024-06-21
change-person-director-company-with-change-date
officers · CH01
2024-06-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-21
appoint-person-director-company-with-name-date
officers · AP01
2024-06-21
appoint-person-director-company-with-name-date
officers · AP01
2024-06-21
move-registers-to-sail-company-with-new-address
address · AD03
2024-05-21