PATTERSONS OF ABERDEEN LIMITED
🌳Matureactive
SC193788 · ltd · incorporated 1999-02-25
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 27.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
£1.59M
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Retail sale of footwear in specialised stores
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 68-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 3 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 27.1y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 27.1 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 6 with DOB)
85
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
96 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £1,592,428
Cash YoY
+12%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£617k
↑ 12% YoY
Net Worth
£1.6m
↑ 2.7% YoY
Current Assets
£812k
↑ 9.0% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £1.61M | £1.58M |
| Current assets | £812.0k | £745.1k |
| Cash | £617.0k | £553.3k |
| Debtors | £4.6k | £6.2k |
| Net assets | £1.59M | £1.55M |
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
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
- 2025-10-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-01📄change-person-director-company-with-change-dateofficers · CH01
- 2022-05-01📄change-person-director-company-with-change-dateofficers · CH01
- 2022-05-01📄change-person-director-company-with-change-dateofficers · CH01
- 2021-10-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-01-01➖CLARK, Michelle resigneddirector
- 2020-12-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-05-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-05-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-05-18📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-03-09📄capital-allotment-sharescapital · SH01
- 2019-10-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-08📄resolutionresolution · RESOLUTIONS
- 2019-05-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-04-06➕PATTERSON, Scott James Caithness appointeddirector
- 2018-03-23➖GRANT SMITH LAW PRACTICE LIMITED resignedcorporate-secretary
- 2015-02-01➕CLARK, Michelle appointeddirector
- 2011-08-02➖THE GRANT SMITH LAW PRACTICE resignedcorporate-secretary
- 2011-08-01➕GRANT SMITH LAW PRACTICE LIMITED appointedcorporate-secretary
- 2008-12-05🔒Charge registered #3Lender: Bank of Scotland PLC
- 2005-02-21🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 1999-03-26🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1999-02-25🏢Company incorporatedAs PATTERSONS OF ABERDEEN LIMITED
- 1999-02-25➕PATTERSON, Steven James Cocher appointeddirector
- 1999-02-25➕PATTERSON, Susan appointeddirector
- 1999-02-25➕THE GRANT SMITH LAW PRACTICE appointedcorporate-secretary
- 1999-02-25➕MCDOUGALL, Ian James appointeddirector
- 1999-02-25➖MCDOUGALL, Ian James resigneddirector
- 1999-02-25➕RITCHIE, Sheila Ewan appointeddirector
- 1999-02-25➖RITCHIE, Sheila Ewan resigneddirector
Owner dependency
98/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +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 27 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 68 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
80/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
- primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 27 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
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Steven James Cocher Patterson Individual · British · DOB 04/1958 · age 68 | — | — | sig. influencesignificant influence | 06/04/2016 |
Mrs Susan Patterson Individual · British · DOB 01/1965 · age 61 | — | — | sig. influencesignificant influence | 06/04/2016 |
1 historic (ceased) PSC
- Mrs Michelle Clarkceased 06/04/2016· significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Retail · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ND NORTH LTD→ SC546727 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| NELLES AFRI HUB LIMITED→ SC844966 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| NORTH DATA SERVICES LTD→ SC797959 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| NORTH STREET STORE LTD→ SC831353 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| NOSE 2 TAIL DOG BOUTIQUE LTD→ SC668708 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| OKUNADE GROUP LTD→ SC883333 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| OLD SCHOOL VINTAGE LTD→ SC696563 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| OOTSIDE LTD→ SC858579 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| PALLADIUM COMPETITIONS LIMITED→ SC784140 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| PASS AQUATICS ABERDEEN LTD→ SC826788 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| PAW PRINT BOUTIQUE LTD→ SC878366 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| PEARL CONCEPT LTD→ SC393611 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
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
Incorporated1999-02-25
Jurisdictionscotland
Primary SIC47721 — Retail sale of footwear in specialised stores
Registered office
19-25 Thistle Street
Aberdeen
AB10 1UY
Scotland
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-02-26
Last: 2026-02-12
Officers (3 active · 5 resigned)
PATTERSON, Scott James Caithness→
Activedirector · ~34y · appointed 2019-04-06
View their other companies + combined net worth →
PATTERSON, Steven James Cocher→
Activedirector · ~68y · appointed 1999-02-25
View their other companies + combined net worth →
PATTERSON, Susan→
Activedirector · ~61y · appointed 1999-02-25
View their other companies + combined net worth →
GRANT SMITH LAW PRACTICE LIMITED→
Resignedcorporate-secretary · appointed 2011-08-01 · resigned 2018-03-23
THE GRANT SMITH LAW PRACTICE→
Resignedcorporate-secretary · appointed 1999-02-25 · resigned 2011-08-02
CLARK, Michelle→
Resigneddirector · ~44y · appointed 2015-02-01 · resigned 2021-01-01
MCDOUGALL, Ian James→
Resigneddirector · ~76y · appointed 1999-02-25 · resigned 1999-02-25
RITCHIE, Sheila Ewan→
Resigneddirector · ~69y · appointed 1999-02-25 · resigned 1999-02-25
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 05/12/2008 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 21/02/2005 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 26/03/1999 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (96 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-31
change-person-director-company-with-change-date
officers · CH01
2022-05-01
change-person-director-company-with-change-date
officers · CH01
2022-05-01
change-person-director-company-with-change-date
officers · CH01
2022-05-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-12
termination-director-company-with-name-termination-date
officers · TM01
2021-01-13