CDC DRAINCARE (EAST MIDLANDS) LIMITED

🏛️Establishedactive
13399398 · ltd · incorporated 2021-05-14
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 Apr 2025
Net worth
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: SIC 39000
Sector: Water supply & waste
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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 (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
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£0Apr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30

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 (18 events)Click to expand
  1. 2025-11-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-01-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-01-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-10-31
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  6. 2022-08-25
    📄
    memorandum-articles
    incorporation · MA
  7. 2022-08-25
    📄
    resolution
    resolution · RESOLUTIONS
  8. 2022-08-24
    📄
    capital-name-of-class-of-shares
    capital · SH08
  9. 2021-05-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2021-05-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2021-05-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2021-05-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2021-05-14
    🏢
    Company incorporated
    As CDC DRAINCARE (EAST MIDLANDS) LIMITED
  14. 2021-05-14
    MCGOWAN, Peter Anthony appointed
    director
  15. 2021-05-14
    RHODES, Austin Edward appointed
    director
  16. 2021-05-14
    MCGOWAN, Josie appointed
    director
  17. 2021-05-14
    MCGOWAN, Josie resigned
    director
  18. 2021-05-14
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

46/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Global Draincare Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Global Draincare Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
CDC DRAINCARE (EAST MIDLANDS) LIMITED
This company · 13399398

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Global Draincare Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control14/05/2021

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

6 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
Incorporated2021-05-14
Jurisdictionengland-wales
Primary SIC39000 — SIC 39000

Registered office

Unit 1 Chatsworth Industrial Estate
Percy Street
Leeds
LS12 1EL
England

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-12-01
Last: 2025-11-17

Officers (2 active · 1 resigned)

MCGOWAN, Peter Anthony
director · ~60y · appointed 2021-05-14
View their other companies + combined net worth →
Active
RHODES, Austin Edward
director · ~60y · appointed 2021-05-14
View their other companies + combined net worth →
Active
MCGOWAN, Josie
director · ~58y · appointed 2021-05-14 · resigned 2021-05-14
Resigned

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

Recent filings (19 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-20
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-20
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-06
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-10-31
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-21
memorandum-articles
incorporation · MA
2022-08-25
resolution
resolution · RESOLUTIONS
2022-08-25
capital-name-of-class-of-shares
capital · SH08
2022-08-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-28
change-person-director-company-with-change-date
officers · CH01
2021-05-18