ELDER & PATON (ANGUS) LIMITED

💤Zombieactive
SC677782 · ltd · incorporated 2020-10-16
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 Feb 2025
Net worth
£39.3k
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 71/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
18 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £39,287
Net assets shrinking
Down £26,184 YoY
Cash YoY
+9%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£10k
↑ 9.2% YoY
Net Worth
£39k
↓ 40% YoY
Current Assets
Current Liabilities
£0£13k£26k£39k£52k£65kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-29
Cash£10.1k£9.3k
Net assets£39.3k£65.5k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2025-08-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-09-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-08-25
    PATON, Michael James resigned
    director
  5. 2023-08-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2022-10-31
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  7. 2022-07-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-10-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  9. 2021-09-17
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  10. 2020-12-02
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  11. 2020-12-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2020-12-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2020-10-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2020-10-16
    🏢
    Company incorporated
    As ELDER & PATON (ANGUS) LIMITED
  15. 2020-10-16
    PATON, Paul Michael appointed
    director
  16. 2020-10-16
    PATON, Michael James appointed
    director
  17. 2020-10-16
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

90/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder name in company name: Company name contains director surname "PATON" — strong identity link between founder and business.

Succession & seller-readiness

45/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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

Elder & Paton (Perth) Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Elder & Paton (Perth) Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
ELDER & PATON (ANGUS) LIMITED
This company · SC677782

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Elder & Paton (Perth) Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control01/12/2020
2 historic (ceased) PSCs
  • Mr Paul Michael Patonceased 01/12/2020· 25-50% shares · 25-50% voting · board control
  • Mr Michael James Patonceased 01/12/2020· 50-75% shares · 50-75% voting · board control

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

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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DOUGLAS CAMERON (PERTH) LIMITED
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5739y8581y
CAMERON MOTORS (PERTH) LIMITED
SC057921 · est 1975
£1.74M
£1.39M£2.09M
6250y8481y
IAN H. CAMERON LIMITED
SC035342 · est 1960
£1.73M
£1.38M£2.07M
4465y8581y
PERTHSHIRE CARAVANS LIMITED
SC057390 · est 1975
£701.8k
£561.4k£842.2k
7551y8589y
ACTIVE SERVICE LIMITED
SC300374 · est 2006
720y8270y
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SC192559 · est 1999 · no financials extracted
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Typeltd
Incorporated2020-10-16
Jurisdictionscotland
Primary SIC45200 — SIC 45200

Registered office

Elder & Paton (Perth ) Ltd
Arran Road
Perth
PH1 3DZ
United Kingdom

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-10-24
Last: 2025-10-10

Officers (1 active · 1 resigned)

PATON, Paul Michael
director · ~50y · appointed 2020-10-16
View their other companies + combined net worth →
Active
PATON, Michael James
director · ~77y · appointed 2020-10-16 · resigned 2023-08-25
Resigned

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

Recent filings (18 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-11
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-05
termination-director-company-with-name-termination-date
officers · TM01
2023-08-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-10-31
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2021-10-18
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-15
change-account-reference-date-company-current-extended
accounts · AA01
2021-09-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2020-12-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-12-02