Third Kind Games Limited

Third Kind Games Ltd from Leamington Spa, UK, is a small holding company with an active status, founded eight years ago in 2016. The company employs 63 people and holds £2,442,735 in assets, operating from a real address. It's led by two directors and has one owner. The company irregularly imports furniture, lighting, and prefabricated buildings (for one month, ending in 2022), and irregularly exports leather goods, travel bags, and animal harnesses (also for one month, ending in 2022).

The company is a Virtuos Studio, specializing in codevelopment for AAA games. Their website highlights their work with major industry players, boasting a team of skilled professionals and a global presence with studios in Poland and Spain. They’re actively seeking new talent and showcase a portfolio of projects, emphasizing creativity and innovation. Recent news includes partnerships, awards, and even a collaboration with a Red Bull athlete—a testament to their growing reputation.

Financially, Third Kind Games Ltd has experienced some turbulence. Current assets have decreased by 18% to £2,100,000, while net assets have fallen by 21% to £2,300,000. Cash reserves have dropped significantly by 80% to £340,000, a concerning trend. Trade debtors have increased by 64%, suggesting a possible reliance on customer payments. On a positive note, creditors have decreased by 23%, which could indicate improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity warrants closer scrutiny. The unaudited financial statements, lacking an auditor’s stamp, rely on director-reported data.

Overall, Third Kind Games Ltd seems to be navigating a period of change, balancing growth with financial pressures. While their work in the gaming industry appears vibrant, the company’s financial health requires careful monitoring.

Registered in England/Wales under the registration number 10449910, with a registered address at CV32 4JG, England, Leamington Spa, Warwickshire, The Old School, Holly Walk.

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