ATLAS DRAIN CLEAR LIMITED
Opportunity 61/100 (worth a look), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-07-31 | 2022-07-31 |
|---|---|---|
| Total assets | £9.5k | £33.5k |
| Current assets | £169 | £2.3k |
| Cash | £169 | — |
| Net assets | £9.5k | £33.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (9 events)Click to expand
- 2024-10-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-20📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-07-02📄gazette-notice-compulsorygazette · GAZ1
- 2023-09-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-07-13🏢Company incorporatedAs ATLAS DRAIN CLEAR LIMITED
- 2021-07-13➕MACKIE, Raymond appointeddirector
- 2021-07-13➕MACKIE, Tara appointeddirector
- 2021-07-13📄incorporation-companyincorporation · NEWINC
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 high ·Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2026-04-30
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Raymond Mackie Individual · British · DOB 02/1982 · age 44 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 13/07/2021 |
Mrs Tara Mackie Individual · British · DOB 11/1988 · age 38 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 13/07/2021 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BOUNDARY HEATING AND PLUMBING SERVICES LIMITED→ SC446677 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| BOX ENERGY LIMITED→ SC806805 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BPC PLUMBING & HEATING LTD→ SC853470 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BR CORPORATION LTD→ SC814664 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BRACKENBRAE BUILDERS LIMITED→ SC739990 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BRADLEY FIRE PROTECTION LTD→ SC705530 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| BRAND & CAMPBELL DEVELOPMENTS LTD→ SC591222 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| BRANNAGAN & BROWN BUILDING SERVICES LTD.→ SC275551 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| BRANNIFF CONTRACTS LTD→ SC755151 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| BRIAN MALARKEY JOINERY LTD→ SC686844 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| BRICKBLOOM LTD→ SC839305 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BRICKLAND BUILDERS & LANDSCAPERS LTD→ SC843774 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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 →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
Registered office
Filing status
Officers (2 active · 0 resigned)
Click a director name to see their full track record across all companies.