MTC GAMES LTD

💤Zombieactive
SC757561 · ltd · incorporated 2023-02-03
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
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Turnover
year to Feb 2025
Net worth
£-10.4k
book net assets
Opportunity
68/100
Strong
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What this business does
Primary activity: SIC 32409
Sector: Manufacturing
ALSO REGISTERED FOR
  • 58290Other software publishing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 68/100 (strong), bankability 70/100. 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: distressed disposal / insolvency (65/100).

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
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
3 connected companies via shared directors
54
Filing history
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £10,424

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
-£10k
Current Assets
£14k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-28
Total assets£-10.4k
Current assets£13.6k
Net assets£-10.4k

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
4
filings
  • 1 persons-with-significant-control
  • 1 officers
  • 1 address
Last 180 days
5
filings
  • 1 persons-with-significant-control
  • 1 officers
  • 1 address
Counts from Companies House filing history.
Corporate timeline (9 events)Click to expand
  1. 2026-03-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-03-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2026-03-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2025-11-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2025-02-10
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  6. 2024-12-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-02-03
    🏢
    Company incorporated
    As MTC GAMES LTD
  8. 2023-02-03
    GELB, Robert Alexander Simon appointed
    director
  9. 2023-02-03
    📄
    incorporation-company
    incorporation · NEWINC

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

1 med ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-02-10: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Robert Alexander Simon Gelb
Individual · British · DOB 03/1988 · age 38
75100%
75–100%board control75-100% shares · 75-100% voting · board control03/02/2023

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.

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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.

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Company details

Statusactive
Typeltd
Incorporated2023-02-03
Jurisdictionscotland
Primary SIC32409 — SIC 32409

Registered office

5 South Charlotte Street
South Charlotte Street
Edinburgh
EH2 4AN
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-16
Last: 2026-02-02

Officers (1 active · 0 resigned)

GELB, Robert Alexander Simon
director · ~38y · appointed 2023-02-03
View their other companies + combined net worth →
Active

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

Recent filings (10 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-03-20
change-person-director-company-with-change-date
officers · CH01
2026-03-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-13
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-06
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-13
certificate-change-of-name-company
change-of-name · CERTNM
2025-02-10
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-07
incorporation-company
incorporation · NEWINC
2023-02-03