S W PATERSON & CO. LIMITED
- · Oldest live charge 13.7y old — refinance window within 12 months
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
1 live charge · oldest 13.7y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 13.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Key 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 | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | — | £809.9k |
| Current assets | — | £851.3k |
| Cash | — | £485.1k |
| Debtors | — | £7.2k |
| Net assets | — | £729.0k |
| Average employees | 2 | — |
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
- • 1 accounts
- • 1 accounts
Corporate timeline (23 events)Click to expand
- 2026-02-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-01-01➕TAIT, Eryn Jan appointeddirector
- 2022-01-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-01-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-12-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-07-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2016-11-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-07-27📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-02-02📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-07-01📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-12-24📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-08-23🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2003-05-23🏢Company incorporatedAs S W PATERSON & CO. LIMITED
- 2003-05-23➕ROSS, Fiona Jean Goodwin appointedsecretary
- 2003-05-23➕PATERSON, Colin Stewart appointeddirector
- 2003-05-23➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 2003-05-23➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder name in company name: Company name contains director surname "PATERSON" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 66 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 23 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Colin Stewart Paterson Individual · British · DOB 03/1960 · age 66 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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7 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 (3 active · 1 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Floating charge | 1 property | 23/08/2012 | — |