CLEAR DRAINS DRAINAGE AND PLUMBING LTD
Opportunity 71/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (76/100)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.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2026-02-28 | 2025-02-28 |
|---|---|---|
| Total assets | £82.7k | £38.2k |
| Current assets | £160.7k | £110.2k |
| Debtors | £10.8k | £11.4k |
| Net assets | £80.0k | £34.7k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
3 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
- • 1 accounts
- • 1 accounts
- • 1 confirmation-statement
Corporate timeline (20 events)Click to expand
- 2026-05-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-14📄capital-name-of-class-of-sharescapital · SH08
- 2023-01-14📄resolutionresolution · RESOLUTIONS
- 2023-01-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-01-06📄change-person-director-company-with-change-dateofficers · CH01
- 2023-01-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-01-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-05-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-14📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2021-09-13➕MCCANN, Kimberley appointedsecretary
- 2021-04-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-05-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-05-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-04-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-02-09🏢Company incorporatedAs CLEAR DRAINS DRAINAGE AND PLUMBING LTD
- 2017-02-09➕MCCANN, Steven appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Steven Mccann Individual · British · DOB 04/1987 · age 39 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 09/02/2017 |
Mrs Kimberley Mccann Individual · British · DOB 01/1987 · age 39 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 05/01/2023 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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 · 0 resigned)
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