CLIMAX STUDIOS LIMITED
Company number 02881781 · Monitor this company
Executive summary
Climax Studios is a mid-tier UK co-development studio inside the Keywords/EQT group, and its FY2025 results show a company taking share in a flat market — turnover up 15% to £30.1m — while absorbing the full force of publisher cost discipline, with gross margin falling from 55.0% to 32.6% and operating margin from 34.1% to 15.1%, now at the low end of the 35–45% gross / 10–18% operating peer band. Headline profitability is flattered by £905k of non-trading interest and a 1.6% effective tax rate driven by games tax relief, while a 146% dividend payout and the absence of any on-balance-sheet cash confirm the entity operates as a cash-pooled, group-dependent delivery unit rather than an autonomous business. Its competitive position is secure but constrained: genuine heritage, group infrastructure and a low-cost regional base offset by weak pricing power, near-zero strategic autonomy, and direct exposure to AI-driven disruption of the QA and localisation segments of the outsourced value chain.
Shareholders' funds
£8,367,900
Balance sheet as at 2025-12-31
What it does
The principal activity of the company
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1993-12-17
- Employees
- 225 (2025 accounts · was 207 in 2024)
- Registered office
- 4th Floor, 110 High Holborn, London, England, WC1V 6JS
- Postcode
- WC1V 6JS
- Capital
- 8,243 GBP
- Accounts category
- Total Exemption Full
- Charges
- 2 outstanding
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-09-30
- Next due by
- 2027-10-14
Nature of business (SIC)
- 62020 Information technology consultancy activities
Officers 4 current · 14 resigned
Group structure 1 subsidiary
Controlled by KEYWORDS UK HOLDINGS LIMITED — since 2021-04-21
From persons-with-significant-control filings on the public register.
Modern slavery statement
Registered a modern slavery statement for 2026 (period to 2025-12-31) as part of the KEYWORDS STUDIOS LIMITED group statement — 3 years on the registry.
Read the statement summary on the government modern slavery statement registry. Contains public sector information licensed under the Open Government Licence v3.0.
Data protection registration
Registered with the ICO as a data protection fee payer — Z1847565 (Tier 2), registered since 2009.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
- Website
- climaxstudios.com
Climax has been a respected name in the global games industry since before the launch of the Sony Playstation. Our deep reservoirs of expertise and experience on both indie and AAA titles keep us at the industry’s cutting edge, and we work with top deve
Previous company names
| Name | Date changed |
|---|---|
| CLIMAX ACTION LIMITED | 2008-03-10 |
| CLIMAX STUDIOS (SOLENT) LIMITED | 2004-09-29 |
| CLIMAX DEVELOPMENT LTD | 2003-06-24 |
| CLIMAX ENTERPRISES LTD | 1996-08-15 |
| CLIMAX INTERACTIVE LIMITED | 1994-02-23 |
Previous registered addresses 3
| Address | Changed on |
|---|---|
| RAWLINGS SUITE UNIT 11, NORTH BUILDING GUNWHARF QUAYS, PORTSMOUTH, HAMPSHIRE PO1 3TT | 2006-06-21 |
| WALLINGTON COURT, FAREHAM HEIGHTS, STANDARD WAY, FAREHAM PO16 8XT | 2002-12-22 |
| SOLENT HOUSE, 183 WEST STREET, FAREHAM, HANTS. PO16 0EF | 1994-10-20 |
Among its peers
Top 1%
by shareholders' funds, of 3,179 similar companies in WC
Among the biggest employers among its local peers (225 staff).
Among the oldest 25% of its local peers, trading since 1993.
No.11 of the largest information technology consultancy activities companies in London →
Competitors London
This company ranks 11 among information technology consultancy activities in London.
The class of 1993
28%
of the 746 companies in this sector incorporated in 1993 are still active today; 71% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 2 titles
- Leasehold
- 2
- Most recent registration
- 2022-04-12
- Where
- Portsmouth (2)
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| PM38356 | Portsmouth | Leasehold | 2022-04-12 | — |
| PM25018 | Portsmouth | Leasehold | 2011-12-05 | — |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.