Patriot International Limited

Patriot International Ltd, based in Aberdeen, UK, is a small, active company founded 22 years ago. With 12 employees and £784,762 in assets, it operates from a virtual address, a fact that’s a little concerning given 34 other companies are registered at the same location. The business is run by two directors and a solo founder, Campbell Myles Murray, who also appears to be a director of Shepherd And Wedderburn Secretaries Ltd.

The company specializes in integrated solutions to piping problems, offering a wide range of services including mechanical completion, leak repair, pipeline intervention, and equipment rental. Its website details divisions catering to construction, maintenance, and decommissioning of pipework within the energy industry. They also provide training and have an InfoHub with industry news. They seem to have a good grasp of online marketing, with a detailed site and a focus on customer contact.

Financially, Patriot International Ltd shows a mixed picture. Current assets increased by 36% to £780,000, while net assets grew by 26% to £620,000. However, bank borrowings decreased by 32% to £21,000, and cash reserves increased by 34% to £22,000. Liabilities have also increased, with creditors rising by 26%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the increase in creditors suggests a need to manage cash flow more closely. The company is exempt from an audit, so the financial information is unaudited.

Overall, Patriot International Ltd appears to be a well-established, albeit small, player in the industrial services sector. While the financial numbers are generally positive, the virtual address and rising creditors are points to keep an eye on.

Registered in Scotland under the registration number SC231664, with a registered address at AB10 1YN, Scotland, Aberdeen, Aberdeen City, 37 Albyn Place.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.