CLEARFLOW CHEMICAL CLEANING LTD

💤Zombieactive
11192500 · ltd · incorporated 2018-02-07
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 Feb 2025
Net worth
£7.7k
book net assets
Opportunity
65/100
Strong
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What this business does
Primary activity: SIC 36000
Sector: Water supply & waste
Investor take
Pass (distressed without resilience)
Distressed asset-holding vehicle — structural issues outweigh the discount.

Opportunity 65/100 (strong), 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 (73/100).

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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
2 connected companies via shared directors
51
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
55
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £7,686
Net assets shrinking
Down £18,887 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£8k
↓ 71% YoY
Current Assets
£40k
↓ 32% YoY
Current Liabilities
£0£12k£23k£35k£47k£58kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-02-282024-02-29
Total assets£7.7k£26.6k
Current assets£40.0k£58.4k
Net assets£7.7k£26.6k

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

🔒Filing-note intelligence

1 signal 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
0
filings
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2025-10-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-10-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-10-09
    GASKELL, Peter resigned
    director
  4. 2025-09-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-09-10
    KELLY, James Alexander resigned
    director
  6. 2024-10-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-06-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-08-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-06-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-04-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2021-04-26
    KELLY, James Alexander appointed
    director
  12. 2020-05-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2019-06-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2018-02-07
    🏢
    Company incorporated
    As CLEARFLOW CHEMICAL CLEANING LTD
  15. 2018-02-07
    KELLY, Daniel Crawford appointed
    director
  16. 2018-02-07
    GASKELL, Peter appointed
    director
  17. 2018-02-07
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

90/100
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.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high · 1 med ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-05-11

2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: GASKELL, Peter resigned 2025-10-09; KELLY, James Alexander resigned 2025-09-10

🔒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

9 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
Incorporated2018-02-07
Jurisdictionengland-wales
Primary SIC36000 — SIC 36000

Registered office

74 Park Road
Sale
M33 6HZ
United Kingdom

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-05-11OVERDUE
Last: 2025-04-27

Officers (1 active · 2 resigned)

KELLY, Daniel Crawford
director · ~66y · appointed 2018-02-07
View their other companies + combined net worth →
Active
GASKELL, Peter
director · ~45y · appointed 2018-02-07 · resigned 2025-10-09
Resigned
KELLY, James Alexander
director · ~43y · appointed 2021-04-26 · resigned 2025-09-10
Resigned

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

Recent filings (19 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-21
termination-director-company-with-name-termination-date
officers · TM01
2025-10-13
termination-director-company-with-name-termination-date
officers · TM01
2025-09-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-11
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-29
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-03
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-18
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-28
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-21
confirmation-statement-with-updates
confirmation-statement · CS01
2021-04-27
appoint-person-director-company-with-name-date
officers · AP01
2021-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-09
accounts-with-accounts-type-micro-entity
accounts · AA
2020-05-19