MGT TECHNOLOGY LIMITED

💤Zombieactive
SC444381 · ltd · incorporated 2013-03-06
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: dormant / non-trading with strong profile and bankable structure.

Opportunity 79/100 (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: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 10.9y

45/100
under pressure

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

  • · Oldest live charge is 10.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
8 officers (1 active, 8 linked, 4 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
45 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

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

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31

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
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2025-08-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-09-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-02-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2023-11-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2022-10-21
    MILLAR, Ronald resigned
    secretary
  6. 2022-10-21
    MILLAR, Ronald Miller resigned
    director
  7. 2022-10-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2022-10-21
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  9. 2022-10-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2022-10-20
    THURLOW, Steven Edward appointed
    director
  11. 2022-09-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2021-08-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2021-03-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  14. 2020-09-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2019-06-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2019-03-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  17. 2018-08-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2017-10-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2017-06-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2017-06-15
    GUTHRIE, Jonathan resigned
    director
  21. 2015-08-04
    MILLAR, Ronald appointed
    secretary
  22. 2015-08-04
    TAINTON, Altham Gordon resigned
    secretary
  23. 2015-07-23
    🔒
    Charge registered #1
    Lender: Maven Capital Partners UK LLP
  24. 2013-03-06
    🏢
    Company incorporated
    As MGT TECHNOLOGY LIMITED
  25. 2013-03-06
    TAINTON, Altham Gordon appointed
    secretary
  26. 2013-03-06
    BURNESS PAULL & WILLIAMSONS LLP appointed
    corporate-secretary
  27. 2013-03-06
    BURNESS PAULL & WILLIAMSONS LLP resigned
    corporate-secretary
  28. 2013-03-06
    GRAY, Gary George appointed
    director
  29. 2013-03-06
    GRAY, Gary George resigned
    director
  30. 2013-03-06
    GUTHRIE, Jonathan appointed
    director
  31. 2013-03-06
    MILLAR, Ronald Miller appointed
    director
  32. 2013-03-06
    BURNESS PAULL (DIRECTORS) LIMITED appointed
    corporate-director
  33. 2013-03-06
    BURNESS PAULL (DIRECTORS) LIMITED resigned
    corporate-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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • 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

Singula Decisions Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Singula Decisions Limited
Corporate parent · holds 75-100% shares
ultimate parent
MGT TECHNOLOGY LIMITED
This company · SC444381

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Singula Decisions Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting06/04/2016

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
Incorporated2013-03-06
Jurisdictionscotland
Primary SIC74990 — Non-trading company

Registered office

Office 4, Albion Business Space Mitchelston Drive
Mitchelston Industrial Estate
Kirkcaldy
Fife
KY1 3NB
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-02
Last: 2026-02-16

Officers (1 active · 7 resigned)

THURLOW, Steven Edward
director · ~59y · appointed 2022-10-20
View their other companies + combined net worth →
Active
MILLAR, Ronald
secretary · appointed 2015-08-04 · resigned 2022-10-21
Resigned
TAINTON, Altham Gordon
secretary · appointed 2013-03-06 · resigned 2015-08-04
Resigned
BURNESS PAULL & WILLIAMSONS LLP
corporate-secretary · appointed 2013-03-06 · resigned 2013-03-06
Resigned
GRAY, Gary George
director · ~56y · appointed 2013-03-06 · resigned 2013-03-06
Resigned
GUTHRIE, Jonathan
director · ~66y · appointed 2013-03-06 · resigned 2017-06-15
Resigned
MILLAR, Ronald Miller
director · ~66y · appointed 2013-03-06 · resigned 2022-10-21
Resigned
BURNESS PAULL (DIRECTORS) LIMITED
corporate-director · appointed 2013-03-06 · resigned 2013-03-06
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Maven Capital Partners UK
Maven Capital Partners UK LLP
A registered charge23/07/2015
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (45 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-03
accounts-with-accounts-type-dormant
accounts · AA
2025-08-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-17
accounts-with-accounts-type-dormant
accounts · AA
2024-09-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-21
accounts-with-accounts-type-dormant
accounts · AA
2023-11-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-22
termination-director-company-with-name-termination-date
officers · TM01
2022-10-21
termination-secretary-company-with-name-termination-date
officers · TM02
2022-10-21
appoint-person-director-company-with-name-date
officers · AP01
2022-10-21
accounts-with-accounts-type-dormant
accounts · AA
2022-09-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-23
accounts-with-accounts-type-dormant
accounts · AA
2021-08-23
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-16