NINJA THEORY LIMITED
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Next accounts due
2026-06-30 (in 1mo)
Last filed for 2024-06-30
Confirmation statement due
2026-10-02 (in 5mo)
Last made up 2025-09-18
Watchouts
None on the register
Cash
—
Latest balance sheet
Net assets
£36M
-63.7% vs 2023
Employees
108
+1.9% vs 2023
Profit before tax
£3M
+12.4% vs 2023
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · latest reflected 2024-06-30
| Metric | Trend | 2023-06-30 | 2024-06-30 |
|---|---|---|---|
| Turnover | £23,994,980 | £24,483,828 | |
| Operating profit | £666,036 | £1,587,893 | |
| Profit before tax | £2,793,778 | £3,141,346 | |
| Net profit | £2,971,302 | £5,637,020 | |
| Cash | — | — | |
| Total assets less current liabilities | £100,403,145 | £36,410,116 | |
| Net assets | £100,403,145 | £36,410,116 | |
| Equity | £100,403,145 | £36,410,116 | |
| Average employees | 106 | 108 | |
| Wages | £9,001,453 | £10,608,776 | |
| Directors' remuneration | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-06-30 vs 2023-06-30
-
Turnover
+2%
£23,994,980 £24,483,828
-
Cash
—
Not reported
-
Net assets
-63.7%
£100,403,145 £36,410,116
-
Employees
+1.9%
106 108
-
Operating profit
+138.4%
£666,036 £1,587,893
-
Profit before tax
+12.4%
£2,793,778 £3,141,346
-
Wages
+17.9%
£9,001,453 £10,608,776
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-06-30 | 2024-06-30 |
|---|---|---|---|
| Operating margin | 2.8% | 6.5% | |
| Net margin | 12.4% | 23.0% | |
| Return on capital employed | 0.7% | 4.4% | |
| Gearing (liabilities / total assets) | 2.9% | 11.6% | |
| Current ratio | 29.33x | 5.75x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- NINJA THEORY LIMITED 2004-11-08 → present
- AVIDBOND LIMITED 2004-09-24 → 2004-11-08
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte (NI) Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Ninja Theory prepares a long range plan, which is submitted to the parent company and agreed on an annual basis and contains the forecast OPEX requirements for the next 3 financial years... On the basis of the parent company's commitment to both the long range plan and the OPEX budget for the next financial, Ninja Theory consider that they operate as a going concern.”
Significant events
- “Following the successful release of Hellblade 2, Ninja Theory will now concentrate their efforts on various future project work.”
- “Ninja Theory is currently monitoring the ongoing uncertainty around US trade and tariff policy.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| REED SMITH CORPORATE SERVICES LIMITED | Corporate Secretary | 2018-08-31 | — | — |
| KIVIAT, Leigh Anne | Director | 2026-01-16 | Apr 1976 | American |
| ORNDORFF, Benjamin Owen | Director | 2018-08-31 | Sep 1971 | American |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KRISTENSEN, Nina Broni | Secretary | 2004-11-02 | 2018-08-31 |
| SAN, Annabel | Secretary | 2004-10-20 | 2004-11-25 |
| SDG SECRETARIES LIMITED | Corporate Nominee Secretary | 2004-09-24 | 2004-10-20 |
| ANTONIADES, Tamim Nadi | Director | 2004-11-02 | 2018-08-31 |
| BALL, Michael | Director | 2004-11-02 | 2012-06-30 |
| DOLLIVER, Keith Ranger | Director | 2018-08-31 | 2026-01-16 |
| KRISTENSEN, Nina Broni | Director | 2004-11-02 | 2018-08-31 |
| SAN, Jeremy Elliott | Director | 2004-10-20 | 2018-08-31 |
| SDG REGISTRARS LIMITED | Corporate Nominee Director | 2004-09-24 | 2004-10-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Microsoft Corporation | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-08-31 | Active |
| Mr Tameem Nadi Antoniades | Individual | Shares 25–50% | 2016-04-06 | Ceased 2018-08-31 |
| Ms Nina Broni Kristensen | Individual | Shares 25–50% | 2016-04-06 | Ceased 2018-08-31 |
| Mr Jeremy Elliott San | Individual | Shares 25–50% | 2016-04-06 | Ceased 2018-08-31 |
Filing timeline
Last 20 of 106 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-23 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-23 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-17 | AA | accounts | Accounts with accounts type full | |
| 2024-09-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-08-18 | AA | accounts | Accounts with accounts type full | |
| 2024-07-05 | CH04 | officers | Change corporate secretary company with change date | |
| 2024-07-05 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-09-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-22 | AA | accounts | Accounts with accounts type full | |
| 2023-01-11 | AA | accounts | Accounts with accounts type full | |
| 2022-09-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-20 | AA | accounts | Accounts with accounts type full | |
| 2021-09-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-03-17 | CH01 | officers | Change person director company with change date | |
| 2020-10-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-07-10 | AA | accounts | Accounts with accounts type full | |
| 2019-10-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-04-02 | AD04 | address | Move registers to registered office company with new address | |
| 2019-04-02 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.