PB SCOTLAND LTD
🌳Matureactive
SC089522 · ltd · incorporated 1984-09-03
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2024
Net worth
£902.8k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 28290
Sector: Manufacturing
Investor take
PursueActive trading company with a 88-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (73/100, director aged 88). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
5 live charges · 5 lenders · oldest 26.7y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 26.7 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (77/100)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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
5 officers (4 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
114 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £902,789
High leverage
Liabilities are 100% of total assets
Net assets shrinking
Down £27,858 YoY
Leverage
100%
Liabilities / Total assets
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£903k
↓ 3.0% YoY
Current Assets
£309k
~ YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £1.07M | £1.07M |
| Current assets | £308.7k | £309.2k |
| Net assets | £902.8k | £930.6k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
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
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2025-07-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-22📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2024-05-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-05-21➕PATTERSON, Grant appointedsecretary
- 2024-05-21➕PATTERSON, Grant appointeddirector
- 2024-05-21➖PATTERSON, Finlay Houston resignedsecretary
- 2024-05-21📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-05-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-10-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-08-05🔓Charge satisfied #2
- 2021-10-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-10-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-10-13🔓Charge satisfied #4
- 2021-10-13🔓Charge satisfied #3
- 2021-09-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-09-27🔓Charge satisfied #5
- 2021-07-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-28✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2021-04-28📄resolutionresolution · RESOLUTIONS
- 2021-03-04📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2020-07-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2004-06-25🔒Charge registered #5Lender: The Royal Bank of Scotland PLC
- 2001-11-29🔒Charge registered #4Lender: Scottish Business Finance Limited
- 2001-11-29🔒Charge registered #3Lender: Lloyds Tsb Scottish Asset Finance Limited
- 1999-08-30🔒Charge registered #2Lender: Finlay Houston Patterson and Mrs Nancy Patterson
- 1999-08-30🔒Charge registered #1Lender: Glasgow Development Agency
- 1984-09-03🏢Company incorporatedAs PB SCOTLAND LTD
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder age: Director aged approximately 88 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 88 years old. Natural succession window is now.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Finlay Grant Patterson Individual · British · DOB 07/1967 · age 59 | 25–50% | — | 25-50% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
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|---|---|---|---|---|---|---|---|
| IS459 CERAMICS LTD→ SC839879 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| JHD FABRICATIONS LIMITED→ SC580089 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| JNG DESIGNS LTD→ SC311107 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| MACMINIACS LTD→ SC838882 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| NIMES AVIATION LTD→ SC853332 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| NORTHCAMPERS LTD→ SC759090 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| OMNITOOL LIMITED→ SC291468 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| P.P.I.G. LIMITED→ SC236790 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| PBS ENGINEERING LTD→ SC424427 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| PIK(PREMINDRAKIYAAN)AERO SERVICES LIMITED→ SC732761 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| PIN CUSHION INTERIORS LIMITED→ SC497554 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| PINEHURST VENTURES LTD→ SC690907 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated1984-09-03
Jurisdictionscotland
Primary SIC28290 — SIC 28290
Registered office
18 Taylor Street
Ayr
KA8 8AU
Scotland
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-11-09
Last: 2025-10-26
Officers (4 active · 1 resigned)
Active
Active
PATTERSON, Grant→
Activedirector · ~59y · appointed 2024-05-21
View their other companies + combined net worth →
Active
PATTERSON, Finlay Houston→
Resignedsecretary · resigned 2024-05-21
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
1
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 25/06/2004 | 27/09/2021 | |
| satisfied | Scottish Business Finance Scottish Business Finance Limited | Standard security | 1 property | 29/11/2001 | 13/10/2021 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Scottish Asset Finance Limited | Standard security | 1 property | 29/11/2001 | 13/10/2021 | |
| satisfied | Finlay Houston Patterson and Mrs Nancy Patterson | Standard security | 1 property | 30/08/1999 | 05/08/2022 | |
| outstanding | Glasgow Development Agency | Standard security | 1 property | 30/08/1999 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (114 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-27
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-04
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-23
appoint-person-secretary-company-with-name-date
officers · AP03
2024-05-22
appoint-person-director-company-with-name-date
officers · AP01
2024-05-22
termination-secretary-company-with-name-termination-date
officers · TM02
2024-05-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-12-19
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-12
mortgage-satisfy-charge-full
mortgage · MR04
2022-08-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-29
mortgage-satisfy-charge-full
mortgage · MR04
2021-10-13