CLEARWATER ELECTRICAL LIMITED
🌳Matureactive
SC375838 · ltd · incorporated 2010-03-29
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 7.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£745.6k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 78/100 (strong), bankability 80/100. 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 (58/100).
🏦
Refinance opportunity
2 live charges · oldest 7.2y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 7.2 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (82/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
47 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £745,566
Net assets shrinking
Down £241,734 YoY
Cash YoY
-13%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£370k
↓ 13% YoY
Net Worth
£746k
↓ 24% YoY
Current Assets
£851k
↓ 16% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £766.9k | £987.3k |
| Current assets | £851.1k | £1.02M |
| Cash | £370.4k | £424.5k |
| Debtors | £460.7k | £573.9k |
| Net assets | £745.6k | £987.3k |
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2025-11-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-10-04🔓Charge satisfied #2
- 2022-09-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-09-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-09-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-10-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-11-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-05-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-05-27🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2019-03-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-02-27🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2018-11-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-07-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2010-03-29🏢Company incorporatedAs CLEARWATER ELECTRICAL LIMITED
- 2010-03-29➕STANLEY, Barry Lee appointeddirector
- 2010-03-29➕TURL, Andrew John appointeddirector
Owner dependency
73/100
High — earn-out structure requiredMaterial 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.
- +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
- +No director turnover: Company is 16 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
59/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 16 years.
- secondaryStable-but-static management: Company is 16 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Cel Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Cel Holdings Limited
Corporate parent · holds 75-100% shares
⬇
CLEARWATER ELECTRICAL LIMITED
This company · SC375838
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Cel Holdings Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 05/09/2022 |
2 historic (ceased) PSCs
- Mr Barry Lee Stanleyceased 05/09/2022· 25-50% shares
- Mr Andrew John Turlceased 05/09/2022· 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 →Similar companies
Active · Construction · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CUNNINGHAM PLASTERING LTD→ SC357878 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| CW ACCESS LTD→ SC851313 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| D COWIE PLUMBING & HEATING LTD→ SC727927 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| D. & S. PROPERTIES ABERDEEN LTD.→ SC228991 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| D.S.C. NORTH LIMITED→ SC193336 · est 1999 · no financials extracted | — | — | — | — | 27y | — | — |
| DEESIDE PLUMBING AND HEATING LTD→ SC606663 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| DEVREV JOINERY LTD→ SC866486 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DIAMOND PROPERTY DEVELOPMENTS -78 QR LTD→ SC757552 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| DIVERSITY ENERGY SOLUTIONS LTD→ SC545423 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| DM JOINERY LTD→ SC866600 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DON-CLAD LTD→ SC621241 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| DONE BY TOMEK LTD→ SC771351 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2010-03-29
Jurisdictionscotland
Primary SIC43210 — Electrical installation
Registered office
Unit 8 City South Office Park
Portlethen
Aberdeen
AB12 4XX
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-14
Last: 2025-10-31
Officers (2 active · 0 resigned)
STANLEY, Barry Lee→
Activedirector · ~51y · appointed 2010-03-29
View their other companies + combined net worth →
TURL, Andrew John→
Activedirector · ~54y · appointed 2010-03-29
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 2 properties | 27/05/2019 | 04/10/2022 | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 27/02/2019 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (47 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-25
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-04
mortgage-satisfy-charge-full
mortgage · MR04
2022-10-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-09-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-09-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-09-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-29