DRAINTEC SOLUTIONS LIMITED

🌳Matureactive
SC303174 · ltd · incorporated 2006-05-31
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 19.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
£800.9k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 37000
Sector: Water supply & waste
Investor take
Pursue
Asset-holding vehicle with a 60-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (80/100, director aged 60). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 19.1y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 19.1 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (79/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 3 with DOB)
82
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
57 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £800,885
Cash YoY
+5%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£550k
↑ 4.9% YoY
Net Worth
£801k
↑ 5.3% YoY
Current Assets
£836k
↓ 9.2% YoY
Current Liabilities
—
£0£184k£368k£553k£737k£921kMay 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£1.22M£1.18M
Current assets£836.4k£921.1k
Cash£549.9k£524.1k
Debtors£233.6k£350.2k
Net assets£800.9k£760.3k

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 (28 events)Click to expand
  1. 2025-10-18
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2025-10-18
    🔓
    Charge satisfied #2
  3. 2025-08-19
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2025-07-14
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2025-07-14
    🔓
    Charge satisfied #1
  6. 2024-12-16
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2023-11-16
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2023-02-07
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2021-07-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2021-06-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  11. 2020-12-22
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  12. 2019-10-14
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  13. 2018-10-01
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2017-10-18
    📄
    legacy
    miscellaneous · RP04CS01
  15. 2017-10-18
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  16. 2017-08-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  17. 2016-12-09
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2016-06-13
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  19. 2011-05-31
    ➖
    MCCALLUM, Steven Hugh resigned
    secretary
  20. 2009-05-01
    🔒
    Charge registered #2
    Lender: Rbs Invoice Finance Limited
  21. 2008-05-08
    ➕
    MCCALLUM, Isobel Glen appointed
    secretary
  22. 2008-05-08
    ➕
    MCCALLUM, Isobel Glen appointed
    director
  23. 2008-05-08
    ➖
    BEATTIE, George resigned
    director
  24. 2007-03-19
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  25. 2006-05-31
    🏢
    Company incorporated
    As DRAINTEC SOLUTIONS LIMITED
  26. 2006-05-31
    ➕
    MCCALLUM, Steven Hugh appointed
    director
  27. 2006-05-31
    ➕
    MCCALLUM, Steven Hugh appointed
    secretary
  28. 2006-05-31
    ➕
    BEATTIE, George appointed
    director

Owner dependency

84/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

69/100
Strong succession signal

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

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.
  • secondary12+ year tenure: Director in role 20 years.
  • secondaryStable-but-static management: Company is 20 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

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

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Steven Mccallum
Individual · British · DOB 07/1966 · age 60
75–100%
75–100%board control75-100% shares · 75-100% voting · board control30/06/2016
Mrs Isobel Glen Mccallum
Individual · British · DOB 12/1966 · age 60
25–50%
25–50%25-50% shares · 25-50% voting30/06/2016

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 →

Similar companies

Active · Energy & utilities · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ENVIROCLEAN (SCOTLAND) LIMITED→
SC176022 · est 1997
£9.58M
£6.90M–£12.26M
——24628y8459y
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SC040952 · est 1964
£4.90M
£3.53M–£6.28M
——590061y8459y
BARR + WRAY HOLDINGS 2 LIMITED→
SC276252 · est 2004
£1.34M
£963.0k–£1.71M
——021y8459y
BARR + WRAY HOLDINGS LIMITED→
SC175728 · est 1997
£1.34M
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——028y8259y
BAILLIE WINDFARM LIMITED→
SC256692 · est 2003 · no financials extracted
————22y8371y
HIGHLANDER INTERNATIONAL RECYCLING LIMITED→
SC265586 · est 2004
——£1.59M—22y8361y
HIGHLANDER SECURITY SHREDDING LTD→
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——£646.8k—15y8361y
SPRUCE CARPETS LTD.→
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————21y8370y
DPM WATER TECHNOLOGIES LIMITED→
SC264863 · est 2004
————22y8271y
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————16y8258y
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————25y——
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
Incorporated2006-05-31
Jurisdictionscotland
Primary SIC37000 — SIC 37000

Registered office

22 Backbrae Street
Kilsyth
G65 0NH

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-14
Last: 2025-05-31

Officers (3 active · 2 resigned)

MCCALLUM, Isobel Glen→
secretary · appointed 2008-05-08
View their other companies + combined net worth →
Active
MCCALLUM, Isobel Glen→
director · ~60y · appointed 2008-05-08
View their other companies + combined net worth →
Active
MCCALLUM, Steven Hugh→
director · ~60y · appointed 2006-05-31
View their other companies + combined net worth →
Active
MCCALLUM, Steven Hugh→
secretary · appointed 2006-05-31 · resigned 2011-05-31
Resigned
BEATTIE, George→
director · ~64y · appointed 2006-05-31 · resigned 2008-05-08
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
NatWest Group
Rbs Invoice Finance Limited
Floating charge1 property01/05/200918/10/2025
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property19/03/200714/07/2025

Recent filings (57 total)

mortgage-satisfy-charge-full
mortgage · MR04
2025-10-18
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-08-19
mortgage-satisfy-charge-full
mortgage · MR04
2025-07-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-03
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-06
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-11-16
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-16
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-02-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-31
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-07-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-06-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-09
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-16