THE MULTIPLAYER GROUP LTD
Company number 11254980 · Monitor this company
Executive summary
The Multiplayer Group is a niche AAA multiplayer co-development studio operating well below sector norms: an 8.3% gross margin against a typical 30–40% band, revenue down 37% to £20.0m, and net assets reduced to just £4,349 after three consecutive loss-making years totalling c.£10.7m. The apparent year-on-year improvement in operating loss is an artefact of exceptional items swinging from a £4.67m charge to a £1.39m credit — underlying operating losses actually widened from c.£1.5m to c.£5.1m. The business has no independent liquidity, sits inside the Keywords/EQT cash pool, and is best understood as a specialist capability in the process of being absorbed into a larger divisional structure rather than a standalone trading entity.
Shareholders' funds
£4,349
Balance sheet as at 2025-12-31
What it does
The principal activity of the Company continued to be that of outsourced software development for video game projects.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2018-03-14
- Employees
- 123 (2025 accounts · was 158 in 2024)
- Registered office
- 4th Floor 110 High Holborn, London, England, WC1V 6JS
- Postcode
- WC1V 6JS
- Capital
- 1,670 GBP
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-10-06
- Next due by
- 2027-10-20
Nature of business (SIC)
- 62011 Ready-made interactive leisure and entertainment software development
Officers 2 current · 13 resigned
Group structure
Controlled by KEYWORDS UK HOLDINGS LIMITED — since 2023-12-16
Controlled by IMPROBABLE WORLDS LIMITED — since 2019-09-24
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 — 2 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 — ZB040554 (Tier 2), registered since 2021.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
- Website
- themultiplayergroup.com
Previous company names
| Name | Date changed |
|---|---|
| THE MULTIPLAYER GUYS LTD | 2022-02-10 |
Previous registered addresses 2
| Address | Changed on |
|---|---|
| SUITE 6, HEATHCOTE BUILDINGS HEATHCOAT STREET, NOTTINGHAM, NG1 3AA, UNITED KINGDOM | 2019-10-10 |
| 42-44 CARRINGTON STREET CARRINGTON STREET, NOTTINGHAM, NOTTINGHAMSHIRE, NG1 7FG, ENGLAND | 2019-01-07 |
Among its peers
3rd largest employer
of 147 similar companies in WC, with 123 staff. Among the oldest 25% of its local peers.
Competitors London
This company ranks 91 among ready-made interactive leisure and entertainment software development in London.
The class of 2018
26%
of the 921 companies in this sector incorporated in 2018 are still active today; 70% have since been dissolved.
A fact about the year, not a forecast for this company.