Koei Tecmo Europe Limited

Koei Tecmo Europe Limited, based in Letchworth Garden City, UK, is a large holding company with an active status, having been established 22 years ago in 2002. The company employs eight people and holds assets worth £24,989,144. It operates from a real address and is overseen by five directors and one owner. Koei Tecmo Europe Limited regularly imports and exports electrical machinery and equipment, with 7 months of import activity and 9 months of export activity recorded.

The company’s website showcases a diverse range of video games, including recent releases like *Atelier Yumia: The Alchemist of Memories* and *Rise of the Ronin*, alongside established franchises like *Ninja Gaiden* and *Dynasty Warriors*. The website functions primarily as a platform for announcing new releases, providing game information, and directing customers to retailers. It doesn's appear to be an e-commerce site, instead focusing on marketing and brand promotion.

Financially, Koei Tecmo Europe Limited shows a mixed picture. While cash and cash equivalents increased by 39% to £4.2 million, net assets decreased by 30% to £2.7 million. This suggests that while the company has more readily available funds, its overall equity position has weakened. Bank borrowings surged by 150% to £2.1 million, and deferred tax expenses increased by 290% to £1.8 million. Trade debtors also increased significantly, by 110% to £2.1 million. Despite these challenges, creditors decreased by 24%, indicating improved debt management. The company’s audit firm, Elliotts Shah, conducted the audit, and the financial statements are compliant with FRS 102.

Overall, Koei Tecmo Europe Limited appears to be a financially stable entity, but the increase in borrowings and decrease in net assets warrants careful monitoring. The company’s continued success hinges on its ability to effectively market and distribute its games, and to manage its financial obligations.

Registered in England/Wales under the registration number 04506827, with a registered address at SG6 4ET, England, Letchworth Garden City, Unit 403a The Spirella Building, Bridge Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.