Red Chain Games Limited

Red Chain Games Ltd from Bicester UK is a small, active company founded 16 years ago. With just two employees and £6,391 in assets, it's a solo founder operation led by a single director and owner, Smith Richard Michael. The company, established in 2008, operates from a real address and has seen irregular import activity – just one month of imports of optical and medical tools and devices recorded as of May 2022.

The company's website showcases a focus on VR and interactive gaming. It's currently promoting "Boxed Out," a VR game available on Meta Quest, and "Hairy Kow's" interactive storybook. The site also features a wishlist for "Supersonic Fight" on Steam, suggesting an ongoing development pipeline. It's clear the company is actively involved in software development, specifically in the business and domestic gaming sectors, and utilizes a modern website with copyright notices and privacy policies.

Financially, Red Chain Games Ltd presents a concerning picture. Current assets have plummeted by a staggering 92%, dropping from £85,000 to just £6,400. Net assets have also seen a dramatic decline, falling 99% to a mere £180. Bank borrowings have increased, and cash reserves have evaporated, dropping 100% to just £1. Creditors have also decreased, suggesting better debt management, but the overall trend points to a company burning through money. The company meets the criteria for being a small company, but the significant drop in equity and cash raises questions about its long-term viability. The lack of an auditor mentioned (likely exempt due to its small size) means these figures are unaudited.

Registered in England/Wales under the registration number 06767231, with a registered address at OX26 6UG, England, Bicester, Oxfordshire, 48 Merganser Drive.

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