STERLING HYDROKLEAR LIMITED

🌳Matureactive
SC321932 · ltd · incorporated 2007-04-23
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 18.3y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
83/100
Exceptional
🔔
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What this business does
Primary activity: Other cleaning services
Sector: Administrative & support services
Investor take
Pursue
Active trading company with a 81-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 81). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 18.3y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 18.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
10 officers (4 active, 10 linked, 8 with DOB)
86
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
72 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£7k£14k£22k£29k£36kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£35.9k
Current assets£31.0k
Cash£27.3k
Debtors£3.8k
Net assets£35.9k
Average employees0

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
3
filings
  • 2 gazette
  • 1 confirmation-statement
Last 180 days
3
filings
  • 2 gazette
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2026-03-11
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2026-03-10
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2025-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-04-29
    MOWAT, Iain Alexander Thomas resigned
    director
  5. 2025-04-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2025-04-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2024-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-09-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-11-24
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  10. 2022-11-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2022-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-05-01
    CHRISTIE, Helen Lesley resigned
    secretary
  13. 2022-05-01
    CHRISTIE, Helen Lesley resigned
    director
  14. 2021-09-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2020-07-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2020-03-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2019-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2019-01-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2018-11-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2018-11-27
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  21. 2017-06-12
    HOOLE, Michael John resigned
    director
  22. 2011-09-06
    MAIN, Frank resigned
    director
  23. 2008-01-28
    MAIN, Frank appointed
    director
  24. 2008-01-10
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  25. 2007-12-03
    CHRISTIE, Helen Lesley appointed
    secretary
  26. 2007-12-03
    MAIN, Frank resigned
    secretary
  27. 2007-12-03
    CHRISTIE, Helen Lesley appointed
    director
  28. 2007-12-03
    HOOLE, Michael John appointed
    director
  29. 2007-12-03
    MOWAT, Iain Alexander Thomas appointed
    director
  30. 2007-04-23
    🏢
    Company incorporated
    As STERLING HYDROKLEAR LIMITED
  31. 2007-04-23
    MCCORMICK, Kenneth William appointed
    director
  32. 2007-04-23
    MCCORMICK, Michael John appointed
    director
  33. 2007-04-23
    SMYLIE, Robert Thom appointed
    director
  34. 2007-04-23
    WILKINSON, James William appointed
    director
  35. 2007-04-23
    MAIN, Frank appointed
    secretary

Owner dependency

73/100
High — earn-out structure required

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 81 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

83/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 81 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 19 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
NameSharesVoting rightsNature of controlNotified
Mr Kenneth William Mccormick
Individual · British · DOB 04/1950 · age 76
2550%
25-50% shares06/04/2016
Mr Robert Thom Smylie
Individual · British · DOB 04/1945 · age 81
2550%
25-50% shares06/04/2016
1 historic (ceased) PSC
  • Mr Michael John Hooleceased 01/06/2019· 25-50% shares

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

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
Incorporated2007-04-23
Jurisdictionscotland
Primary SIC81299 — Other cleaning services

Registered office

Titanium 1 King's Inch Place
Renfrew
PA4 8WF
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-08
Last: 2025-11-24

Officers (4 active · 6 resigned)

MCCORMICK, Kenneth William
director · ~76y · appointed 2007-04-23
View their other companies + combined net worth →
Active
MCCORMICK, Michael John
director · ~50y · appointed 2007-04-23
View their other companies + combined net worth →
Active
SMYLIE, Robert Thom
director · ~81y · appointed 2007-04-23
View their other companies + combined net worth →
Active
WILKINSON, James William
director · ~72y · appointed 2007-04-23
View their other companies + combined net worth →
Active
CHRISTIE, Helen Lesley
secretary · appointed 2007-12-03 · resigned 2022-05-01
Resigned
MAIN, Frank
secretary · appointed 2007-04-23 · resigned 2007-12-03
Resigned
CHRISTIE, Helen Lesley
director · ~73y · appointed 2007-12-03 · resigned 2022-05-01
Resigned
HOOLE, Michael John
director · ~82y · appointed 2007-12-03 · resigned 2017-06-12
Resigned
MAIN, Frank
director · ~86y · appointed 2008-01-28 · resigned 2011-09-06
Resigned
MOWAT, Iain Alexander Thomas
director · ~77y · appointed 2007-12-03 · resigned 2025-04-29
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property10/01/2008
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (72 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2026-03-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-10
gazette-notice-compulsory
gazette · GAZ1
2026-03-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-26
termination-director-company-with-name-termination-date
officers · TM01
2025-04-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-04-29
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-22
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-24
termination-secretary-company-with-name-termination-date
officers · TM02
2022-11-24
termination-director-company-with-name-termination-date
officers · TM01
2022-11-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-28