READYPOWER COMPLETE DRAIN CLEARANCE LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-19 (in 3mo)
Last made up 2025-08-05
Watchouts
None on the register
Cash
£1M
-18.8% vs 2023
Net assets
£4M
+42.5% highest in 4 filed years
Employees
14
+27.3% highest in 4 filed years
Profit before tax
£2M
+20.6% vs 2023
Net assets
4-year trend · vs Industrials median
Accounts
4-year trend · latest reflected 2024-12-31
| Metric | Trend | 2020-01-31 | 2021-01-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £3,893,000 | £4,264,000 | |
| Operating profit | — | — | £1,295,000 | £1,598,000 | |
| Profit before tax | — | — | £1,322,000 | £1,594,000 | |
| Net profit | — | — | £984,000 | £1,208,000 | |
| Cash | £538,297 | £721,578 | £1,625,000 | £1,319,000 | |
| Total assets less current liabilities | £982,785 | £1,304,008 | £3,376,000 | £4,934,000 | |
| Net assets | £597,273 | £1,005,038 | £2,842,000 | £4,050,000 | |
| Equity | £597,273 | £1,005,038 | £2,842,000 | £4,050,000 | |
| Average employees | 4 | 4 | 11 | 14 | |
| Wages | — | — | £774,000 | £813,000 | |
| Directors' remuneration | — | — | £59,000 | £113,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+9.5%
£3,893,000 £4,264,000
-
Cash
-18.8%
£1,625,000 £1,319,000
-
Net assets
+42.5%
£2,842,000 £4,050,000
highest in 4 filed years
-
Employees
+27.3%
11 14
highest in 4 filed years
-
Operating profit
+23.4%
£1,295,000 £1,598,000
-
Profit before tax
+20.6%
£1,322,000 £1,594,000
-
Wages
+5%
£774,000 £813,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-01-31 | 2021-01-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | 33.3% | 37.5% | |
| Net margin | — | — | 25.3% | 28.3% | |
| Return on capital employed | — | — | 38.4% | 32.4% | |
| Gearing (liabilities / total assets) | — | — | 33.3% | 28.2% | |
| Current ratio | — | — | 1.99x | 2.57x | |
| Interest cover | — | — | 647.50x | 399.50x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 3 times since incorporation
- READYPOWER COMPLETE DRAIN CLEARANCE LIMITED 2021-10-26 → present
- COMPLETE ENVIRONMENTAL SERVICES LIMITED 2002-09-26 → 2021-10-26
- COMPLETE DRAIN CLEARANCE LTD 2001-03-07 → 2002-09-26
- COMPLETE DRAINAGE CLEARANCE LIMITED 1998-06-02 → 2001-03-07
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “In the Finance Act 2021 which received Royal Assent on 10 June 2021, it was announced that the main rate of corporation tax would increase to 25% from 1 April 2023.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 19 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| COCKAYNE, Timothy Noel | Director | 2026-02-09 | Jul 1978 | British |
| MATTHEWS, Darren Clive | Director | 2023-05-15 | Mar 1968 | British |
| OLIVER, James Richard | Director | 2023-05-15 | Jan 1978 | British |
Show 19 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DAVIES, John Alun | Secretary | 2019-07-24 | 2021-04-06 |
| DAVIES, John Alun | Secretary | 2009-12-08 | 2017-02-28 |
| DAVIES, Rosemary Anne | Secretary | 1998-06-02 | 2009-12-07 |
| ASHCROFT CAMERON SECRETARIES LIMITED | Corporate Nominee Secretary | 1998-06-02 | 1998-06-02 |
| BULLOCK, Kirstin Jane | Director | 2014-10-22 | 2017-02-28 |
| CROSSEN, James Michael | Director | 2022-11-02 | 2023-09-07 |
| DAVIES, John Alun | Director | 1998-06-02 | 2019-07-24 |
| DAVIES, Rosemary Anne | Director | 1998-06-02 | 2009-12-07 |
| DEVANNEY, William Gerard | Director | 2021-10-19 | 2025-04-30 |
| EAST, David Charles | Director | 2019-07-24 | 2021-04-06 |
| HEPBURN, Anthony Michael | Director | 2021-10-19 | 2022-10-27 |
| HEPBURN, Anthony Michael | Director | 2021-10-19 | 2022-10-27 |
| HUDSON, Benjamin John | Director | 2014-10-22 | 2017-02-28 |
| HUDSON, Deborah Anne | Director | 2014-10-22 | 2017-02-28 |
| JACK, Russell George | Director | 2021-10-19 | 2026-03-31 |
| JONES, Mark Joseph | Director | 2017-02-28 | 2021-10-19 |
| REYNOLDS, David Mark | Director | 2014-10-22 | 2015-12-23 |
| WALTERS, Jonathan Neil | Director | 2017-02-28 | 2023-10-17 |
| ASHCROFT CAMERON NOMINEES LIMITED | Corporate Nominee Director | 1998-06-02 | 1998-06-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Readypower Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-11-16 | Active |
| K & S (615) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-04-06 | Ceased 2022-11-16 |
| Mr Jonathan Neil Walters | Individual | Shares 25–50%, Voting 25–50% | 2019-09-19 | Ceased 2021-04-06 |
| Mr Mark Joseph Jones | Individual | Shares 25–50%, Voting 25–50% | 2019-09-19 | Ceased 2021-04-06 |
| Mr John Alun Davies | Individual | Shares 50–75%, Voting 50–75% | 2016-06-03 | Ceased 2019-09-19 |
Filing timeline
Last 20 of 147 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-31 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-15 | AA | accounts | Accounts with accounts type full | |
| 2025-08-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-07-10 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-14 | CH01 | officers | Change person director company with change date | |
| 2024-09-18 | AA | accounts | Accounts with accounts type full | |
| 2024-08-19 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2024-08-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-10-20 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-20 | AA | accounts | Accounts with accounts type full | |
| 2023-09-07 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-15 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-08-15 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-05-19 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-19 | AP01 | officers | Appoint person director company with name date | |
| 2023-02-20 | GUARANTEE2 | other | Legacy | |
| 2023-01-16 | AA | accounts | Accounts with accounts type audit exemption subsiduary | |
| 2023-01-16 | PARENT_ACC | accounts | Legacy |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.