The Multiplayer Group Ltd

The Multiplayer Group Ltd, based in London, UK, is a sizable holding company with an active status. Founded seven years ago in 2018, the company employs 143 people and boasts assets of £14,236,354. With three directors and one owner, it holds a stellar 5.0 Google rating based on two reviews. The company regularly imports toys, games, and sports equipment, with the last import operation made on December 01, 2024. It also exports machinery, boilers, and mechanical appliances, with the last export operation made on October 01, 2023.

The company’s website paints a picture of a specialist in creating high-quality multiplayer experiences for the games industry. It positions itself as a leading provider of codev and fulldev services, working with clients to build everything from record-setting shooters to the highest-profile MMORPGs. The company emphasizes its experience, flexibility, and commitment to long-term partnerships, offering services ranging from embedded codev teams to full-scale game development. It also provides AWS-approved backend engineering services.

Financially, The Multiplayer Group Ltd presents a mixed picture. While turnover increased by 15%, reaching £25 million, net assets decreased by 49% to £5.5 million. Cash bank on hand dropped by nearly 5%, sitting at £7.2 million. Bank borrowings surged by 2,400%, reaching £110,000, and cash reserves fell 30% to £7.2 million. Creditors decreased by 30%, suggesting better debt management. The company’s large size (meeting two of three criteria for a large company) suggests a robust operation, but the decrease in equity raises questions about its financial health. Corporation tax payable increased dramatically, reaching £1.4 million. The company's auditor, BDO Statutory Audit Firm, has not mentioned any concerns in their report.

Overall, The Multiplayer Group Ltd appears to be a well-established player in the games industry, but it's facing some financial pressures. The company's focus on high-quality services and long-term partnerships suggests a sustainable business model, but it will need to manage its debt and maintain its revenue growth to ensure its long-term success.

Registered in England/Wales under the registration number 11254980, with a registered address at WC1V 6JS, England, London, 4th Floor 110 High Holborn.

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