VU GAMES LIMITED

🌳Matureactive
SC271500 · ltd · incorporated 2004-08-02
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
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Turnover
year to Jul 2025
Net worth
£84.8k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Gambling and betting activities
Sector: Arts, entertainment & recreation
Investor take
Pursue
Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -42% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 21.3y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 21.3 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (82/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 5 with DOB)
84
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
77 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £84,766
Cash draining
Cash down 42% YoY
Cash YoY
-42%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£7k
↓ 42% YoY
Net Worth
£85k
↑ 43% YoY
Current Assets
£239k
↑ 27% YoY
Current Liabilities
£0£48k£95k£143k£191k£239kJul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-07-312024-07-31
Total assets£101.6k£67.1k
Current assets£238.7k£188.1k
Cash£6.5k£11.2k
Debtors£182.2k£126.9k
Net assets£84.8k£59.4k

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 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2026-04-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-08-03
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2024-08-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-07-02
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2023-08-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2022-11-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2022-11-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2022-11-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2022-11-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2022-11-02
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  12. 2022-10-18
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2022-07-14
    MORISON, Gordon John appointed
    director
  14. 2022-07-14
    📄
    capital-name-of-class-of-shares
    capital · SH08
  15. 2022-07-14
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  16. 2022-07-13
    📄
    memorandum-articles
    incorporation · MA
  17. 2022-07-13
    📄
    resolution
    resolution · RESOLUTIONS
  18. 2022-04-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2022-04-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2022-04-04
    🔓
    Charge satisfied #1
  21. 2021-04-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2021-04-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  23. 2019-01-25
    🔒
    Charge registered #2
    Lender: Touchtunes UK LTD
  24. 2016-12-09
    GIRVAN, Catriona resigned
    secretary
  25. 2016-12-09
    GIRVAN, Catriona resigned
    director
  26. 2016-12-09
    GIRVAN, George Wilson resigned
    director
  27. 2015-01-01
    FINLAY, Andrea resigned
    director
  28. 2006-11-27
    FINLAY, Andrea appointed
    director
  29. 2005-01-18
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  30. 2004-08-05
    FINLAY, Alan Charles appointed
    director
  31. 2004-08-02
    🏢
    Company incorporated
    As VU GAMES LIMITED
  32. 2004-08-02
    GIRVAN, Catriona appointed
    secretary
  33. 2004-08-02
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  34. 2004-08-02
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  35. 2004-08-02
    GIRVAN, Catriona appointed
    director
  36. 2004-08-02
    GIRVAN, George Wilson appointed
    director

Owner dependency

83/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

86/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Alan Charles Finlay
Individual · British · DOB 07/1960 · age 66
5075%
50-75% shares06/04/2016
Mr Gordon John Morison
Individual · British · DOB 08/1964 · age 62
2550%
25-50% shares14/07/2022
2 historic (ceased) PSCs
  • Mr Alan Charles Finlayceased 14/07/2023· 50-75% shares
  • Mr George Wilson Girvanceased 09/12/2016· 25-50% shares

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Incorporated2004-08-02
Jurisdictionscotland
Primary SIC92000 — Gambling and betting activities

Registered office

1 Cromwell Road
Inverness
IV1 1SX
Scotland

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-05-27
Last: 2025-05-13

Officers (2 active · 5 resigned)

FINLAY, Alan Charles
director · ~66y · appointed 2004-08-05
View their other companies + combined net worth →
Active
MORISON, Gordon John
director · ~62y · appointed 2022-07-14
View their other companies + combined net worth →
Active
GIRVAN, Catriona
secretary · appointed 2004-08-02 · resigned 2016-12-09
Resigned
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 2004-08-02 · resigned 2004-08-02
Resigned
FINLAY, Andrea
director · ~54y · appointed 2006-11-27 · resigned 2015-01-01
Resigned
GIRVAN, Catriona
director · ~76y · appointed 2004-08-02 · resigned 2016-12-09
Resigned
GIRVAN, George Wilson
director · ~78y · appointed 2004-08-02 · resigned 2016-12-09
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Touchtunes UK
Touchtunes UK LTD
A registered charge25/01/2019
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property18/01/200504/04/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (77 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-22
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-13
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-09
gazette-filings-brought-up-to-date
gazette · DISS40
2024-08-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-02
gazette-notice-compulsory
gazette · GAZ1
2024-07-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-08-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-11-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-11-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-11-11
appoint-person-director-company-with-name-date
officers · AP01
2022-11-11
gazette-filings-brought-up-to-date
gazette · DISS40
2022-11-02