P&C PATERSON LTD
🌳Matureactive
SC472087 · ltd · incorporated 2014-03-10
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 Nov 2024
Net worth
£85.7k
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Dispensing chemist in specialised stores
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 73/100 (strong), bankability 77/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 10.2y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 10.2 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (80/100)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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
47 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
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 £85,696
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£86k
Current Assets
£86k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £85.7k | — |
| Current assets | £85.7k | — |
| Debtors | £85.7k | — |
| Net assets | £85.7k | — |
| Average employees | — | 800 |
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
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
- 2025-11-13📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-11-13🔓Charge satisfied #4
- 2025-10-31📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-10-31🔓Charge satisfied #3
- 2025-08-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-07-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-02📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2024-04-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-04-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-04-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-04-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-04-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-12-21📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-20🔒Charge registered #4Lender: Bank of Scotland PLC
- 2023-12-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-12-18🔓Charge satisfied #1
- 2023-12-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-12-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-12-11🔓Charge satisfied #2
- 2023-12-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-12-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-12-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-12-07📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-12-01➕INNES, James appointeddirector
- 2023-12-01➕INNES, Pamela Lesley appointeddirector
- 2023-12-01➖PATERSON, Crawford Russell resignedsecretary
- 2023-12-01➖PATERSON, Pauline resigneddirector
- 2023-12-01🔒Charge registered #3Lender: Bank of Scotland PLC
- 2023-09-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-12🔒Charge registered #2Lender: Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank)
- 2016-03-01🔒Charge registered #1Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
- 2015-04-02➖HUTTON, Steven resignedsecretary
- 2015-04-02➕PATERSON, Crawford Russell appointedsecretary
- 2014-03-10🏢Company incorporatedAs P&C PATERSON LTD
- 2014-03-10➕HUTTON, Steven appointedsecretary
- 2014-03-10➕PATERSON, Pauline appointeddirector
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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.
Group structure
J & P Innes Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
J & P Innes Ltd
Corporate parent · holds 75-100% shares · board control
⬇
P&C PATERSON LTD
This company · SC472087
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
J & P Innes Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 01/12/2023 |
2 historic (ceased) PSCs
- Mr Crawford Russell Patersonceased 01/12/2023· 25-50% shares · 25-50% voting
- Pauline Patersonceased 01/12/2023· 25-50% shares · 25-50% voting
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 →Similar companies
Active · Retail · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| PAY YOUR WAY CARPETS LIMITED→ SC852229 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| PEDLAR LTD→ SC724245 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| PETER STORE LTD→ SC630634 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| PHS TRADING LTD→ SC871515 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| PI DRUM SHOP LIMITED→ SC595912 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| PINK POODLE LIMITED→ SC237375 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| PLECOMM LTD→ SC868602 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| PLUSH LINEN LTD→ SC810222 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| PRIME CANDY LTD→ SC845843 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| PRINT TO CUT LTD→ SC765929 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| PROPER DARTS LTD→ SC852444 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| PROVANHALL LTD→ SC486103 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
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.
See pricing →Company details
Statusactive
Typeltd
Incorporated2014-03-10
Jurisdictionscotland
Primary SIC47730 — Dispensing chemist in specialised stores
Registered office
Robb Ferguson
70 West Regent Street
Glasgow
G2 2QZ
Scotland
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2027-03-24
Last: 2026-03-10
Officers (2 active · 3 resigned)
INNES, James→
Activedirector · ~45y · appointed 2023-12-01
View their other companies + combined net worth →
INNES, Pamela Lesley→
Activedirector · ~45y · appointed 2023-12-01
View their other companies + combined net worth →
HUTTON, Steven→
Resignedsecretary · appointed 2014-03-10 · resigned 2015-04-02
PATERSON, Crawford Russell→
Resignedsecretary · appointed 2015-04-02 · resigned 2023-12-01
PATERSON, Pauline→
Resigneddirector · ~62y · appointed 2014-03-10 · resigned 2023-12-01
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 2 properties | 20/12/2023 | 13/11/2025 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 01/12/2023 | 31/10/2025 | |
| satisfied | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale Bank and Yorkshire Bank) | A registered charge | 1 property | 12/04/2021 | 11/12/2023 | |
| satisfied | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111) | A registered charge | — | 01/03/2016 | 18/12/2023 |
Recent filings (47 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-13
mortgage-satisfy-charge-full
mortgage · MR04
2025-11-13
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-31
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-02
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-07-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-04-15
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-04-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-04-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-12-21
mortgage-satisfy-charge-full
mortgage · MR04
2023-12-18