{"name":"CLIMAX STUDIOS LIMITED","company_number":"02881781","status":"Active","type":"Private Limited Company","incorporated":"1993-12-17","dissolved":null,"registered_office":"4th Floor, 110 High Holborn, London, England, WC1V 6JS","postcode":"WC1V 6JS","sic_codes":[{"code":62020,"description":"Information technology consultancy activities"}],"principal_activity":"The principal activity of the company","previous_names":[{"name":"CLIMAX ACTION LIMITED","changed_on":"2008-03-10"},{"name":"CLIMAX STUDIOS (SOLENT) LIMITED ","changed_on":"2004-09-29"},{"name":"CLIMAX DEVELOPMENT LTD","changed_on":"2003-06-24"},{"name":"CLIMAX ENTERPRISES LTD","changed_on":"1996-08-15"},{"name":"CLIMAX INTERACTIVE LIMITED","changed_on":"1994-02-23"}],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":225,"accounts_date":"2025-12-31"},"financials":[{"financial_date":"2025-12-31","profit_loss":5343536,"net_assets":8367900,"average_employees":225},{"financial_date":"2024-12-31","profit_loss":10545434,"net_assets":10824364,"average_employees":207},{"financial_date":"2023-12-31","profit_loss":7628188,"net_assets":6578930,"average_employees":155},{"financial_date":"2022-12-31","net_assets":14570742,"cash":1581844},{"financial_date":"2021-12-31","turnover":10759675,"net_assets":8175759,"cash":1576775}],"officers":{"current":4,"resigned":14,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":6,"outstanding":2},"gazette_notices":[],"insolvency_outcome":null,"ai_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.","website":"https://www.climaxstudios.com/","links":{"page":"https://www.companiesintheuk.co.uk/ltd/climax-studios","people":"https://www.companiesintheuk.co.uk/company/climax-studios/people","filing_history":"https://www.companiesintheuk.co.uk/company/climax-studios/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/02881781","financials":"https://www.companiesintheuk.co.uk/company/climax-studios/financial","control":"https://www.companiesintheuk.co.uk/company/climax-studios/control","charges":"https://www.companiesintheuk.co.uk/company/climax-studios/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/climax-studios/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/climax-studios"}