# PATERSON LTD (15239715)

> PATERSON LTD is an active private limited company (company number 15239715) incorporated on 26 October 2023, registered in Morpeth. Its registered activity is plastering (SIC 43310). Latest small accounts cover the period ending 31 October 2025, showing net assets of £39k and cash of £100k, with 3 employees on average. Net assets fell 65% on the prior period (£112k).

- Status: Active
- Incorporated: 2023-10-26
- Registered office: Morpeth, NE65 0SA
- SIC 43310: Plastering
- SIC 43390: Other building completion and finishing
- Next accounts due: 2027-07-31
- Confirmation statement due: 2026-11-09
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 81 comparable companies in Newcastle (median £4,219, upper quartile £23k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-10-31 | £39k | £100k | £32k | £136k | — | — | 3 |
| 2024-10-31 | £112k | £109k | £17k | £83k | — | — | 3 |

current ratio 0.98; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £39,178 at 31 October 2025
- Net assets down 25% or more on the prior period: -65.0% vs prior period
- Current assets below creditors within one year: Current ratio 0.98
- Cash at bank of £50,000 or more: Cash £99,663
- Incorporated two to five years ago: Incorporated 26 October 2023

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Gareth Paterson — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2023-10-26
- Mrs Rachel Amanda Paterson — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2024-07-24

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/15239715
HTML: https://firmoscan.com/company/15239715-paterson-ltd