CLEARBELL IV GP LLP

💤Zombieactive
SO307171 · llp · incorporated 2021-03-04
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
71/100
Strong
🔔
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Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 71/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 3.6y

20/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Charge age ~3.6 years — mid-life; refi window approaching.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (67/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, no SIC, incorporation date
80
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 0 with DOB)
70
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-31
Average employees0

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2026-03-06
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  2. 2025-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-03-18
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  4. 2024-12-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-03-06
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  6. 2023-10-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-10-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
    mortgage · LLMR01
  8. 2023-10-18
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland International Limited (As the Security Trustee)
  9. 2023-03-20
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  10. 2022-12-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2022-10-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
    mortgage · LLMR01
  12. 2022-10-07
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland International Limited (As Security Trustee)
  13. 2022-05-04
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  14. 2021-03-04
    🏢
    Company incorporated
    As CLEARBELL IV GP LLP
  15. 2021-03-04
    CLEARBELL CAPITAL LLP appointed
    corporate-llp-designated-member
  16. 2021-03-04
    CLEARBELL GP INVEST LIMITED appointed
    corporate-llp-designated-member
  17. 2021-03-04
    📄
    incorporation-limited-liability-partnership
    incorporation · LLIN01

Owner dependency

55/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

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

Clearbell Capital Llp holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Clearbell Capital Llp
Corporate parent
CLEARBELL IV GP LLP
This company · SO307171

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

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Clearbell Capital Llp
Corporate entity
25–50%75-100% voting04/03/2021

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Typellp
Incorporated2021-03-04
Jurisdictionscotland
Primary SIC

Registered office

50 Lothian Road
Festival Square
Edinburgh
EH3 9WJ
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-17
Last: 2026-03-03

Officers (2 active · 0 resigned)

CLEARBELL CAPITAL LLP
corporate-llp-designated-member · appointed 2021-03-04
View their other companies + combined net worth →
Active
CLEARBELL GP INVEST LIMITED
corporate-llp-designated-member · appointed 2021-03-04
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland International Limited (As the Security Trustee)
A registered charge18/10/2023
outstanding
Lloyds Banking Group
The Royal Bank of Scotland International Limited (As Security Trustee)
A registered charge07/10/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (12 total)

confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2026-03-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-30
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-03-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-12
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-03-06
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-26
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2023-10-19
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2023-03-20
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-01
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2022-10-10
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2022-05-04
incorporation-limited-liability-partnership
incorporation · LLIN01
2021-03-04