Company Overview
Clearway Drainage Systems Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 17 February 1994, so this is a well established company. Clearway Drainage Systems Limited has been in business for 32 years and 1 month. The accounts status is total exemption full and the accounts are next due on Monday 30 November 2026.
Registered Address

Unit A2 Leigh Trading Estate Norweb Way, Off Butts St, Leigh, Lancashire, WN7 3EQ
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Companies House Data
Company NameCLEARWAY DRAINAGE SYSTEMS LIMITED
Company Number02899740
Registered Office AddressUnit A2 Leigh Trading Estate Norweb Way
 Off Butts St
 WN7 3EQ
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date17/02/1994
Accounting Reference Date Day28
Accounting Reference Date Month2
Accounts Next Due Date30/11/2026
Accounts Last Made Up Date28/02/2025
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date07/03/2017
Returns Last Made Up Date07/02/2016
Directors & Members
Show Resigned
Kris Eastwood - Director
(British, 48 years old, born February 1978)
Appointed 01 March 2017
 Active
Stephen Hinegan - Director
(British, 42 years old, born August 1984)
Appointed 01 March 2017
 Active
Joe Kelly - Director
(British, 51 years old, born May 1975)
Appointed 20 January 2026
 Active
Stuart McMullen - Director
(British, 42 years old, born June 1984)
Appointed 01 March 2024
 Active
Andrea Nixon - Director
(British, 55 years old, born May 1971)
Appointed 22 August 2019
 Active
Andreas Petrikis - Director
(Swiss, 59 years old, born March 1967)
Appointed 20 January 2026
 Active
Sascha Weber - Director
(Swiss, 57 years old, born December 1969)
Appointed 20 January 2026
 Active
Secretaries
Show Resigned
Other Company Directorships
Kris Eastwood
No companies found
Stephen Hinegan
No companies found
Joe Kelly
DARTFORD F.C. (1992) LIMITED
DEFLUO PLUMBING AND DRAINAGE LIMITED
KELLY INVESTMENT PROPERTIES LLP
MNR RENOVATION LTD
UIM SERVICES UK LTD
Stuart McMullen
No companies found
Andrea Nixon
No companies found
Andreas Petrikis
No companies found
Sascha Weber
No companies found
Balance Sheet Unlock full report
Accounts Date 28-Feb-2025 28-Feb-2022 28-Feb-2021
Balance Sheet
Fixed Assets 2,790,551 2,790,551 3,038,008
Current Assets 1,628,001 1,628,001 2,611,157
Creditors Due Within One Year 1,049,691 1,049,691 1,735,796
Working Cap 578,310 578,310 875,361
Total Assets Less Current Liabilities 3,368,861 3,368,861 3,913,369
Long-term Liabilities 653,278 653,278 790,422
Net Assets 2,715,583 2,715,583 3,122,947
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 2,715,583 2,715,583 3,122,947
Common Size Financial Analysis Unlock full report
Accounts Date 28-Feb-2025 28-Feb-2022 28-Feb-2021
Tangible Fixed Assets - - -
Fixed Assets 63.2% 63.2% 53.8%
Stocks Inventory - - -
Debtors 34.3% 34.3% 36.1%
Cash Bank In Hand 2.0% 2.0% 9.7%
Current Assets 36.8% 36.8% 46.2%
Creditors Due Within One Year 23.8% 23.8% 30.7%
Net Current Assets Liabilities 13.1% 13.1% 15.5%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 61.5% 61.5% 55.3%
Capital Employed - - -
Total Assets Less Current Liabilities 76.2% 76.2% 69.3%
Financial Ratio Analysis Unlock full report
Accounts Date 28-Feb-2025 28-Feb-2022 28-Feb-2021
Liquidity Ratio 1.6 1.6 1.5
Solvency Ratio 2.6 2.6 2.2
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 6
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 6
Assets and Debt Analysis Unlock full report
Accounts Date 28-Feb-2025 28-Feb-2022 28-Feb-2021
Assets 4,418,552 4,418,552 5,649,165
Debt 1,702,969 1,702,969 2,526,218
Net Assets/Debt 2,715,583 2,715,583 3,122,947

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around WN7 3EQ
STORESQUAD LIMITED
Unit A3, Butts Street, Leigh, Lancashire, WN7 3EQ
MOVESQUAD GROUP LTD
INTERNATIONAL HOUSE, 61 MOSLEY STREET, MANCHESTER, WN7 3EQ
Document Filings
Confirmation statement made on 7 February 2026 with no updates
Resolutions
Memorandum and Articles of Association
Statement of Company's objects
Notification of Uim Services Uk Ltd as a person with significant control on 20 January 2026
Withdrawal of a person with significant control statement on 26 January 2026
Termination of appointment of Suzanne Briggs as a director on 20 January 2026
Termination of appointment of Scott Alan Briggs as a director on 20 January 2026
Termination of appointment of Linda Briggs as a director on 20 January 2026
Termination of appointment of Alan Briggs as a director on 20 January 2026
Termination of appointment of Linda Briggs as a secretary on 20 January 2026
Appointment of Andreas Petrikis as a director on 20 January 2026
Appointment of Sascha Weber as a director on 20 January 2026
Previous accounting period shortened from 28 February 2026 to 31 December 2025
Appointment of Mr Joe Nicholas Kelly as a director on 20 January 2026
Statement of capital following an allotment of shares on 7 February 2011
Confirmation statement made on 7 February 2025 with no updates
Satisfaction of charge 028997400006 in full
Satisfaction of charge 028997400005 in full
Confirmation statement made on 7 February 2024 with no updates
Appointment of Mr Stuart John Mcmullen as a director on 1 March 2024
Termination of appointment of David Mccarthy as a director on 1 December 2023
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