CAITHNESS ELECTRONICS LIMITED

🏛️Establishedactive
SC603106 · ltd · incorporated 2018-07-20
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 Jun 2025
Net worth
£111
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Specialised design activities
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 72/100 (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 (58/100).

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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
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 £111
Net assets shrinking
Down £30 YoY
Cash YoY
+175%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£38k
↑ 175% YoY
Net Worth
£111
↓ 21% YoY
Current Assets
£40k
↑ 152% YoY
Current Liabilities
—
£0£8k£16k£24k£32k£40kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£111£141
Current assets£40.2k£16.0k
Cash£38.3k£14.0k
Debtors£101£92
Net assets£111£141

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
2
filings
  • • 2 persons-with-significant-control
Last 180 days
3
filings
  • • 2 persons-with-significant-control
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2026-02-06
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  2. 2026-02-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2026-01-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-10-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-09-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-01-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-07-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-01-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-03-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-03-17
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  11. 2018-07-20
    🏢
    Company incorporated
    As CAITHNESS ELECTRONICS LIMITED
  12. 2018-07-20
    ➕
    PATERSON, Kevin Andrew appointed
    director
  13. 2018-07-20
    ➕
    PATERSON, Louise Helen appointed
    director
  14. 2018-07-20
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
High — earn-out structure required

Material 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.
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

36/100
Weak signal

Limited 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

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Kevin Andrew Paterson
Individual · Scottish · DOB 01/1975 · age 51
75–100%
—75-100% shares06/02/2026
1 historic (ceased) PSC
  • Mr Kevin Andrew Patersonceased 06/02/2026· 25-50% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2018-07-20
Jurisdictionscotland
Primary SIC74100 — Specialised design activities

Registered office

Monadh Ard Raggra
Thrumster
Wick
KW1 5SE
United Kingdom

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-08-02
Last: 2025-07-19

Officers (2 active · 0 resigned)

PATERSON, Kevin Andrew→
director · ~51y · appointed 2018-07-20
View their other companies + combined net worth →
Active
PATERSON, Louise Helen→
director · ~52y · appointed 2018-07-20
View their other companies + combined net worth →
Active

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

Recent filings (18 total)

notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-02-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-19