Company Overview
Patterson Auto Electrics Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 30 March 2006, so this is a well established company. Patterson Auto Electrics Limited has been in business for 20 years. The accounts status is micro entity and the accounts are next due on Saturday 28 February 2026.
Registered Address

29 Ballynahinch Road, Crossgar, BT30 9HS
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Companies House Data
Company NamePATTERSON AUTO ELECTRICS LIMITED
Company NumberNI058769
Registered Office Address29 Ballynahinch Road
 Crossgar
 BT30 9HS
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date30/03/2006
Accounting Reference Date Day31
Accounting Reference Date Month5
Accounts Next Due Date28/02/2026
Accounts Last Made Up Date31/05/2024
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date27/04/2017
Returns Last Made Up Date30/03/2016
Directors & Members
Wilfred Patterson - Director
(British, 69 years old, born October 1957)
Appointed 30 March 2006
 Active
Patricia Patterson - Director
(British, 68 years old, born October 1958)
Appointed 30 March 2006
 Active
Adrian Patterson - Director
(British, 37 years old, born March 1989)
Appointed 01 April 2022
 Active
Secretaries
Patricia Patterson - Secretary
(British)
Appointed 30 March 2006
 Active
Other Company Directorships
Wilfred Patterson
No companies found
Patricia Patterson
No companies found
Adrian Patterson
No companies found
Balance Sheet Unlock full report
Accounts Date 31-May-2024 31-May-2022 31-May-2021
Balance Sheet
Fixed Assets 59,590 59,590 60,131
Current Assets 203,248 203,248 175,582
Creditors Due Within One Year 84,617 84,617 66,186
Working Cap 118,631 118,631 109,396
Total Assets Less Current Liabilities 178,221 178,221 169,527
Long-term Liabilities 0 0 0
Net Assets 178,221 178,221 169,527
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 178,221 178,221 169,527
Common Size Financial Analysis Unlock full report
Accounts Date 31-May-2024 31-May-2022 31-May-2021
Tangible Fixed Assets - - -
Fixed Assets 22.7% 22.7% 25.5%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 77.3% 77.3% 74.5%
Creditors Due Within One Year 32.2% 32.2% 28.1%
Net Current Assets Liabilities 45.1% 45.1% 46.4%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 67.8% 67.8% 71.9%
Capital Employed - - -
Total Assets Less Current Liabilities 67.8% 67.8% 71.9%
Financial Ratio Analysis Unlock full report
Accounts Date 31-May-2024 31-May-2022 31-May-2021
Liquidity Ratio 2.4 2.4 2.7
Solvency Ratio 3.1 3.1 3.6
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-May-2024 31-May-2022 31-May-2021
Assets 262,838 262,838 235,713
Debt 84,617 84,617 66,186
Net Assets/Debt 178,221 178,221 169,527

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 30 March 2025 with updates
Particulars of variation of rights attached to shares
Change of share class name or designation
Resolutions
Notification of Adrian Wilfred Patterson as a person with significant control on 21 October 2024
Change of details for Mr Wilfred Patterson as a person with significant control on 21 October 2024
Change of details for Mrs Patricia Patterson as a person with significant control on 21 October 2024
Confirmation statement made on 30 March 2024 with no updates
Confirmation statement made on 30 March 2023 with no updates
Appointment of Mr Adrian Patterson as a director on 1 April 2022
Confirmation statement made on 30 March 2022 with updates
Change of share class name or designation
Memorandum and Articles of Association
Resolutions
Resolutions
Confirmation statement made on 30 March 2021 with no updates
Change of details for Mr Wilfred Patterson as a person with significant control on 30 March 2021
Change of details for Mrs Patricia Patterson as a person with significant control on 30 March 2021
Director's details changed for Wilfred Patterson on 30 March 2021
Director's details changed for Patricia Patterson on 30 March 2021
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