VIDATEC LTD

💤Zombieactive
SC394416 · ltd · incorporated 2011-02-28
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 Mar 2025
Net worth
£48.2k
book net assets
Opportunity
75/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Ready-made interactive leisure and entertainment software development
Sector: Information & communication
ALSO REGISTERED FOR
  • 62012Business and domestic software development
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: strategic trade sale (65/100).

🏦

Refinance opportunity

2 live charges · oldest 10.7y

45/100
under pressure

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

  • · Oldest live charge is 10.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (72/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
9 officers (2 active, 9 linked, 8 with DOB)
88
Ownership & PSC
2 active PSC(s) of 6 total, 6 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
90 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
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 £48,163

Key financials

1 year extracted from filed iXBRL accounts
Cash
£18k
Net Worth
£48k
Current Assets
£320k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-31
Total assets£48.2k
Current assets£320.1k
Cash£17.8k
Debtors£302.3k
Net assets£48.2k

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 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (41 events)Click to expand
  1. 2025-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-01-15
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  3. 2025-01-14
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  4. 2025-01-14
    📄
    legacy
    accounts · PARENT_ACC
  5. 2025-01-13
    📄
    legacy
    other · AGREEMENT2
  6. 2025-01-13
    📄
    legacy
    other · GUARANTEE2
  7. 2024-05-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2024-04-19
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2024-02-16
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  10. 2024-02-08
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  11. 2024-02-08
    📄
    capital-name-of-class-of-shares
    capital · SH08
  12. 2024-02-08
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2024-02-08
    📄
    resolution
    resolution · RESOLUTIONS
  14. 2024-02-07
    📄
    memorandum-articles
    incorporation · MA
  15. 2024-02-07
    📄
    resolution
    resolution · RESOLUTIONS
  16. 2024-02-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2024-02-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2024-02-06
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  19. 2024-02-02
    LOTHIAN, Andrew Jonathan resigned
    director
  20. 2024-02-01
    BAIRD, Iain Sydney Russell appointed
    secretary
  21. 2024-01-11
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  22. 2024-01-11
    📄
    legacy
    accounts · PARENT_ACC
  23. 2024-01-10
    📄
    legacy
    other · AGREEMENT2
  24. 2024-01-10
    📄
    legacy
    other · GUARANTEE2
  25. 2023-10-01
    WILSON, Ross James appointed
    director
  26. 2023-08-31
    JOHNSTON, Greig Clark resigned
    director
  27. 2018-12-21
    BURROWES, Paul resigned
    director
  28. 2018-07-06
    TUFFEE, Ross William resigned
    director
  29. 2017-07-04
    🔒
    Charge registered #2
    Lender: Hsbc Bank PLC
  30. 2017-06-29
    BURROWES, Jillian resigned
    director
  31. 2017-06-29
    JOHNSTON, Greig Clark appointed
    director
  32. 2017-06-29
    LOTHIAN, Andrew Jonathan appointed
    director
  33. 2017-06-29
    TUFFEE, Kerry resigned
    director
  34. 2015-08-20
    🔒
    Charge registered #1
    Lender: Hsbc Bank PLC
  35. 2014-09-01
    BURROWES, Jillian appointed
    director
  36. 2014-09-01
    TUFFEE, Kerry appointed
    director
  37. 2011-02-28
    🏢
    Company incorporated
    As VIDATEC LTD
  38. 2011-02-28
    BURROWES, Paul appointed
    director
  39. 2011-02-28
    MABBOTT, Stephen George appointed
    director
  40. 2011-02-28
    MABBOTT, Stephen George resigned
    director
  41. 2011-02-28
    TUFFEE, Ross William appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Vidatec Holdings 2024 Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Vidatec Holdings 2024 Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
VIDATEC LTD
This company · SC394416

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Vidatec Holdings 2024 Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control02/02/2024
Mr Ross James Wilson
Individual · British · DOB 03/1976 · age 50
sig. influencesignificant influence02/02/2024
4 historic (ceased) PSCs
  • Insights Business Holdings Ltdceased 02/02/2024· 75-100% shares · 75-100% voting
  • The Insights Group Limitedceased 08/12/2017· 75-100% shares · 75-100% voting
  • Mr Paul Burrowesceased 29/06/2017· significant influence
  • Mr Ross William Tuffeeceased 29/06/2017· significant influence

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 →

Similar companies

Active · Technology · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
VIRAL VIEWS LTD
SC685000 · est 2021 · no financials extracted
5y
VIRIDA LIMITED
SC878179 · est 2026 · no financials extracted
VIRTUALELEMENTZ LIMITED
SC652703 · est 2020 · no financials extracted
6y
VISIONLY LTD
SC841984 · est 2025 · no financials extracted
1y
VOICESECURE LIMITED
SC337837 · est 2008 · no financials extracted
18y
VOLARO LIMITED
SC248578 · est 2003 · no financials extracted
22y
VOYAGER FILMS LTD
SC469963 · est 2014 · no financials extracted
12y
VULCAN SOUNDS LTD
SC783736 · est 2023 · no financials extracted
2y
WAGEPERKS LTD
SC824820 · est 2024 · no financials extracted
1y
WALLACE VENTURES (SCOTLAND) LTD
SC751756 · est 2022 · no financials extracted
3y
WAYON LTD
SC847691 · est 2025 · no financials extracted
WAYUU AUTOMATIONS LTD
SC827928 · est 2024 · no financials extracted
1y
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
Incorporated2011-02-28
Jurisdictionscotland
Primary SIC62011 — Ready-made interactive leisure and entertainment software development

Registered office

Suite 8, 10 Newton Place
Glasgow
G3 7PR
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-09
Last: 2026-02-23

Officers (2 active · 7 resigned)

BAIRD, Iain Sydney Russell
secretary · appointed 2024-02-01
View their other companies + combined net worth →
Active
WILSON, Ross James
director · ~50y · appointed 2023-10-01
View their other companies + combined net worth →
Active
BURROWES, Jillian
director · ~55y · appointed 2014-09-01 · resigned 2017-06-29
Resigned
BURROWES, Paul
director · ~56y · appointed 2011-02-28 · resigned 2018-12-21
Resigned
JOHNSTON, Greig Clark
director · ~52y · appointed 2017-06-29 · resigned 2023-08-31
Resigned
LOTHIAN, Andrew Jonathan
director · ~61y · appointed 2017-06-29 · resigned 2024-02-02
Resigned
MABBOTT, Stephen George
director · ~76y · appointed 2011-02-28 · resigned 2011-02-28
Resigned
TUFFEE, Kerry
director · ~59y · appointed 2014-09-01 · resigned 2017-06-29
Resigned
TUFFEE, Ross William
director · ~59y · appointed 2011-02-28 · resigned 2018-07-06
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
HSBC
Hsbc Bank PLC
A registered charge04/07/2017
outstanding
HSBC
Hsbc Bank PLC
A registered charge1 property20/08/2015
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (90 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-31
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-17
change-account-reference-date-company-current-extended
accounts · AA01
2025-01-15
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-01-14
legacy
accounts · PARENT_ACC
2025-01-14
legacy
other · AGREEMENT2
2025-01-13
legacy
other · GUARANTEE2
2025-01-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-04
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-04-19
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-15
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-02-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-02-08
capital-name-of-class-of-shares
capital · SH08
2024-02-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-02-08