DAVID PATTISON ENGINEERING LIMITED

🌳Matureactive
SC398667 · ltd · incorporated 2011-05-03
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 May 2025
Net worth
£17.8k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Engineering related scientific and technical consulting activities
Sector: Professional, scientific & technical
ALSO REGISTERED FOR
  • 71129Other engineering activities
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (80/100)

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

Company profile
address, 2 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 (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
31 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
70
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 £17,804

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£18k
↑ 320% YoY
Current Assets
£19k
↑ 33% YoY
Current Liabilities
—
£0£4k£8k£12k£15k£19kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£19.3k£14.5k
Current assets£19.3k£14.5k
Net assets£17.8k£4.2k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-06-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-10-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-05-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2024-05-10
    ➕
    PATTISON, Richard James Weir appointed
    director
  5. 2023-11-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-10-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-07-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-08-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-01-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-02-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-01-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-02-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2016-05-31
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2016-02-13
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-05-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-07-10
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2014-05-17
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2011-05-03
    🏢
    Company incorporated
    As DAVID PATTISON ENGINEERING LIMITED
  19. 2011-05-03
    ➕
    PATTISON, David Ronald Cameron appointed
    director

Owner dependency

94/100
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 "PATTISON" — strong identity link between founder and business.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

69/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 15 years.
  • 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.)

Group structure

Duthie & Pattison Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Duthie & Pattison Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
DAVID PATTISON ENGINEERING LIMITED
This company · SC398667

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

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Duthie & Pattison Holdings Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
Mr David Ronald Cameron Pattison
Individual · British · DOB 03/1990 · age 36
——board controlboard 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

6 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
Incorporated2011-05-03
Jurisdictionscotland
Primary SIC71122 — Engineering related scientific and technical consulting activities

Registered office

6 Kirk Park
Newmachar
Aberdeenshire
AB21 0PA

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-17
Last: 2025-05-03

Officers (2 active · 0 resigned)

PATTISON, David Ronald Cameron→
director · ~36y · appointed 2011-05-03
View their other companies + combined net worth →
Active
PATTISON, Richard James Weir→
director · ~64y · appointed 2024-05-10
View their other companies + combined net worth →
Active

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

Recent filings (31 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-09
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-09
appoint-person-director-company-with-name-date
officers · AP01
2024-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-03
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-03
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-03
accounts-with-accounts-type-micro-entity
accounts · AA
2020-08-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-03
accounts-with-accounts-type-micro-entity
accounts · AA
2020-01-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-05-09