WM. PATON & SONS LIMITED

💤Zombieactive
SC016771 · ltd · incorporated 1932-03-21
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
not disclosed
Net worth
book net assets
Opportunity
50/100
Worth a look
🔔
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What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 50/100 (worth a look), bankability 45/100. 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). Current lenders should be on monthly review.

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 52.5y

30/100
under pressure

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

  • · Oldest live charge is 52.5 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (55/100)

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

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
19 officers (0 active, 19 linked, 16 with DOB)
87
Ownership & PSC
0 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
131 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
50/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
31
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
2
filings
  • 1 dissolution
  • 1 gazette
Last 180 days
2
filings
  • 1 dissolution
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (61 events)Click to expand
  1. 2026-04-09
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  2. 2026-04-07
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2024-08-21
    📄
    court-order
    miscellaneous · OC-DV
  4. 2023-03-28
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  5. 2023-01-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2020-11-17
    📄
    court-order
    miscellaneous · OC-DV
  7. 2020-10-20
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  8. 2020-02-04
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2017-12-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2017-12-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2017-12-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2017-12-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2017-11-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2017-11-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2017-11-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2017-11-28
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  17. 2017-11-27
    TOYN, Charles Clifford resigned
    secretary
  18. 2017-11-27
    MCNAUGHTON, Robert resigned
    director
  19. 2017-11-27
    VERNON, Greville Edward Mervyn resigned
    director
  20. 2017-11-27
    VERNON, Hugh Richard Mervyn resigned
    director
  21. 2017-11-15
    📄
    court-order
    miscellaneous · OC-DV
  22. 2017-03-21
    📄
    gazette-dissolved-voluntary
    gazette · GAZ2(A)
  23. 2017-01-03
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  24. 2016-12-23
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  25. 2016-12-07
    O'BOYLE, Graham resigned
    director
  26. 2016-12-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  27. 2016-10-25
    📄
    accounts-with-accounts-type-full
    accounts · AA
  28. 2015-11-02
    📄
    accounts-with-accounts-type-small
    accounts · AA
  29. 2015-08-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  30. 2015-03-31
    MURRAY, Charles Douglas resigned
    director
  31. 2012-09-01
    O'BOYLE, Graham resigned
    secretary
  32. 2012-09-01
    TOYN, Charles Clifford appointed
    secretary
  33. 2012-09-01
    MCNAUGHTON, Robert appointed
    director
  34. 2012-09-01
    O'BOYLE, Graham appointed
    director
  35. 2011-04-30
    MUIR, Gordon Archibald Halliday resigned
    director
  36. 2009-07-10
    WOOD, Andrew Jardine resigned
    director
  37. 2002-11-01
    WOOD, Andrew Jardine appointed
    director
  38. 2001-04-06
    MCDOWALL, Stuart resigned
    director
  39. 1999-08-01
    MCDOWALL, Stuart appointed
    director
  40. 1999-03-12
    MURRAY, Charles Douglas resigned
    secretary
  41. 1999-03-08
    O'BOYLE, Graham appointed
    secretary
  42. 1999-03-08
    CAMPBELL, Colin resigned
    director
  43. 1999-03-08
    MUIR, Gordon Archibald Halliday appointed
    director
  44. 1999-03-08
    MURRAY, Charles Douglas resigned
    director
  45. 1999-03-08
    PATON, Elizabeth Addie resigned
    director
  46. 1999-03-08
    VERNON, Greville Edward Mervyn appointed
    director
  47. 1999-03-08
    VERNON, Hugh Richard Mervyn appointed
    director
  48. 1999-03-05
    MURRAY, Charles Douglas appointed
    director
  49. 1998-11-10
    CLARK, James Brown resigned
    director
  50. 1998-06-01
    JAMIESON, Brian Charles resigned
    director
Showing most recent 50 of 61 events

Owner dependency

50/100
Moderate — manageable with handover

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

Succession & seller-readiness

40/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryStable-but-static management: Company is 94 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

3 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2017-12-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2017-08-10

No active directors on record
high

Company is active but has no current directors in the register. This is unusual and should be investigated.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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10 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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated1932-03-21
Jurisdictionscotland
Primary SIC41202 — Construction of domestic buildings

Registered office

Hillhouse Quarry
Troon
Ayrshire
KA10 7HX

Filing status

Accounts
Next due: 2017-12-31OVERDUE
Last made up to: 2016-03-31
Confirmation statement
Next due: 2017-08-10OVERDUE
Last: 2016-07-27

Officers (0 active · 19 resigned)

MURRAY, Charles Douglas
secretary · resigned 1999-03-12
Resigned
O'BOYLE, Graham
secretary · appointed 1999-03-08 · resigned 2012-09-01
Resigned
TOYN, Charles Clifford
secretary · appointed 2012-09-01 · resigned 2017-11-27
Resigned
CAMPBELL, Colin
director · ~79y · appointed 1995-09-06 · resigned 1999-03-08
Resigned
CAMPBELL, David Brennan
director · ~96y · resigned 1993-08-21
Resigned
CAMPBELL, Margaret Thomson
director · ~115y · resigned 1990-07-31
Resigned
CLARK, James Brown
director · ~117y · resigned 1998-11-10
Resigned
JAMIESON, Brian Charles
director · ~79y · resigned 1998-06-01
Resigned
MCDOWALL, Stuart
director · ~63y · appointed 1999-08-01 · resigned 2001-04-06
Resigned
MCNAUGHTON, Robert
director · ~60y · appointed 2012-09-01 · resigned 2017-11-27
Resigned
MUIR, Gordon Archibald Halliday
director · ~83y · appointed 1999-03-08 · resigned 2011-04-30
Resigned
MURRAY, Charles Douglas
director · ~81y · appointed 1999-03-05 · resigned 2015-03-31
Resigned
MURRAY, Charles Douglas
director · ~81y · resigned 1999-03-08
Resigned
O'BOYLE, Graham
director · ~70y · appointed 2012-09-01 · resigned 2016-12-07
Resigned
PATON, Elizabeth Addie
director · ~105y · resigned 1999-03-08
Resigned
SCOTT, Alfred Trotter
director · ~125y · resigned 1990-07-25
Resigned
VERNON, Greville Edward Mervyn
director · ~82y · appointed 1999-03-08 · resigned 2017-11-27
Resigned
VERNON, Hugh Richard Mervyn
director · ~79y · appointed 1999-03-08 · resigned 2017-11-27
Resigned
WOOD, Andrew Jardine
director · ~82y · appointed 2002-11-01 · resigned 2009-07-10
Resigned

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

Mortgages & charges

4
Total charges
2
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Floating charge1 property27/04/199429/09/1997
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property29/05/1978
outstanding
James Brown Clark, Esq
Standard security1 property15/03/1978
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property07/11/197320/06/1997
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (131 total)

dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2026-04-09
gazette-notice-compulsory
gazette · GAZ1
2026-04-07
court-order
miscellaneous · OC-DV
2024-08-21
gazette-dissolved-compulsory
gazette · GAZ2
2023-03-28
gazette-notice-compulsory
gazette · GAZ1
2023-01-03
court-order
miscellaneous · OC-DV
2020-11-17
gazette-dissolved-compulsory
gazette · GAZ2
2020-10-20
gazette-notice-compulsory
gazette · GAZ1
2020-02-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2017-12-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2017-12-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2017-12-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2017-12-06
termination-director-company-with-name-termination-date
officers · TM01
2017-11-28
termination-director-company-with-name-termination-date
officers · TM01
2017-11-28
termination-director-company-with-name-termination-date
officers · TM01
2017-11-28