PATTERSON PLANT HIRE LTD

🌳Matureactive
03356595 · ltd · incorporated 1997-04-21
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£2.9k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Renting and leasing of construction and civil engineering machinery and equipment
Sector: Administrative & support services
Investor take
Pursue
Asset-holding vehicle with a 82-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 82). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (78/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (3 active, 5 linked, 3 with DOB)
82
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
74 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
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 £2,899
Net assets shrinking
Down £42,872 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£3k
↓ 94% YoY
Current Assets
£98k
↓ 14% YoY
Current Liabilities
—
£0£23k£46k£68k£91k£114kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-282024-04-28
Total assets£174.4k£76.8k
Current assets£97.7k£114.2k
Net assets£2.9k£45.8k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-01-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-10-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-01-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-01-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-01-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-01-27
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  7. 2021-03-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-01-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-07-20
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2019-07-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-07-06
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  12. 2019-06-18
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2019-01-22
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  14. 2017-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2016-12-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 1997-04-21
    🏢
    Company incorporated
    As PATTERSON PLANT HIRE LTD
  17. 1997-04-21
    ➕
    PATTERSON, Martin Carr appointed
    secretary
  18. 1997-04-21
    ➕
    PATTERSON, David appointed
    director
  19. 1997-04-21
    ➕
    PATTERSON, Martin Carr appointed
    director
  20. 1997-04-21
    ➕
    CHANCERY BUSINESS COMMUNICATIONS LIMITED appointed
    corporate-nominee-secretary
  21. 1997-04-21
    ➖
    CHANCERY BUSINESS COMMUNICATIONS LIMITED resigned
    corporate-nominee-secretary
  22. 1997-04-21
    ➕
    COWAN, Stanford Russell appointed
    nominee-director
  23. 1997-04-21
    ➖
    COWAN, Stanford Russell resigned
    nominee-director

Owner dependency

100/100
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
  • +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 "PATTERSON" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 82 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 82 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 29 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Martin Carr Patterson
Individual · British · DOB 03/1944 · age 82
25–50%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
Mr David Patterson
Individual · English · DOB 02/1955 · age 71
25–50%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016

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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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.

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Company details

Statusactive
Typeltd
Incorporated1997-04-21
Jurisdictionengland-wales
Primary SIC77320 — Renting and leasing of construction and civil engineering machinery and equipment

Registered office

101 Tynemouth Road
North Shields
Tyne And Wear
NE30 1ED

Filing status

Accounts
Next due: 2027-01-28
Last made up to: 2025-04-28
Confirmation statement
Next due: 2026-11-27
Last: 2025-11-13

Officers (3 active · 2 resigned)

PATTERSON, Martin Carr→
secretary · appointed 1997-04-21
View their other companies + combined net worth →
Active
PATTERSON, David→
director · ~71y · appointed 1997-04-21
View their other companies + combined net worth →
Active
PATTERSON, Martin Carr→
director · ~82y · appointed 1997-04-21
View their other companies + combined net worth →
Active
CHANCERY BUSINESS COMMUNICATIONS LIMITED→
corporate-nominee-secretary · appointed 1997-04-21 · resigned 1997-04-21
Resigned
COWAN, Stanford Russell→
nominee-director · ~90y · appointed 1997-04-21 · resigned 1997-04-21
Resigned

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

Recent filings (74 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-13
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-24
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-27
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-11
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-30
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-16
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-01
accounts-with-accounts-type-micro-entity
accounts · AA
2020-01-29