MATHMATHS LIMITED
💤Zombieactive
SC375373 · ltd · incorporated 2010-03-23
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2025
Net worth
£-58.2k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Other information technology service activities
Sector: Information & communication
ALSO REGISTERED FOR
- 70229Management consultancy activities other than financial management
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -74% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).
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, 2 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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
45 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £58,151
Very low cash
Cash position: £19
Cash draining
Cash down 74% YoY
Cash YoY
-74%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£19
↓ 74% YoY
Net Worth
-£58k
~ YoY
Current Assets
£19
↓ 74% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Total assets | £19 | £74 |
| Current assets | £19 | £74 |
| Cash | £19 | £74 |
| Net assets | £-58.2k | £-58.0k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
- 2026-03-25📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-02-03📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-02-04📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-02-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-10-08📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-10-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-04-22📄change-person-director-company-with-change-dateofficers · CH01
- 2022-04-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-04-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-03-26📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-04-19📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-03-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-09-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-06-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-05-20📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-07-21📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2010-03-23🏢Company incorporatedAs MATHMATHS LIMITED
- 2010-03-23➕ATTWOOD, Paul David Tyrone appointeddirector
Owner dependency
100/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 67 — succession pressure is live.
- +No director turnover: Company is 16 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
88/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 16 years.
- secondaryStable-but-static management: Company is 16 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
cleanNo 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Paul David Tyrone Attwood Individual · British · DOB 12/1959 · age 67 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Technology · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| MEDICAL ASCEND LIMITED→ SC815878 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| MOOVII LTD→ SC508985 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| MORE THAN PROFIT LTD→ SC877077 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| MPAI STORE LIMITED→ SC740055 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| MYLA PRODUCTIONS LIMITED→ SC636236 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| NOMAD DIGITAL ASSET TREASURY LIMITED→ SC877777 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| OCTOZA LTD→ SC610271 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ODAB STREAMING SERVICES LIMITED→ SC868783 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| OGRE GAMES LIMITED→ SC631678 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| OJ GAMES LTD→ SC861718 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| OMEGA IT LIMITED→ SC775222 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| OMNAI TECH LIMITED→ SC777390 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2010-03-23
Jurisdictionscotland
Primary SIC62090 — Other information technology service activities
Registered office
6c West High Street
Forfar
DD8 1BB
Scotland
Filing status
Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2027-04-06
Last: 2026-03-23
Officers (1 active · 0 resigned)
ATTWOOD, Paul David Tyrone→
Activedirector · ~67y · appointed 2010-03-23
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (45 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-27
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-31
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-02-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-02-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-01
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-02-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-10-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-10-04
change-person-director-company-with-change-date
officers · CH01
2022-04-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-04-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-04-15
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-25