MOBILE GAMING STUDIOS LIMITED

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

• Turnover

  -2.2%

  £15,683,312 → £15,340,596

• Cash

  +56.2%

  £203,349 → £317,603

• Net assets

  -16.7%

  £1,554,660 → £1,294,274

• Employees

  +2%

  49 → 50

• Operating profit

  -145.4%

  £1,268,369 → -£576,109

• Profit before tax

  -154.1%

  £1,195,954 → -£647,051

• Wages

  +6.8%

  £2,727,852 → £2,912,689

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

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.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. Cash utilisation to date has been in line with expectations. The directors have reviewed Miniclip group's budgets and forecasts to 31 July 2026... Management has performed sensitivity analysis and a worst case stress test scenario analysis which, while considered highly unlikely, demonstrates that the group will have sufficient cash resource for a period of at least one year from the date of approving these financial statements. The directors have considered the ability of Miniclip SA, a fellow group undertaking, to provide financial support as needed and the company has received confirmation of continuing financial support from Miniclip SA, which confirms that it will provide sufficient funds for the company to meet its financial obligations for a period up to 31 July 2026. It is the opinion of the directors that the preparation of the financial statements on a going concern basis is appropriate.”

Group structure

1. MOBILE GAMING STUDIOS LIMITED · parent
   1. MGS Derby Limited 100% · UK · Game developers

Significant events

• “2024 has been an eventful year for the company. One of its games, War Sniper, was flagged by Google in the first half of 2024, which meant the game was not visible in the Android store and there were no players on the Google platform, which is our the main source of revenue. In Q4, South Korea introduced age restrictions on all games, which significantly affected the game Pure Sniper.”
• “The company reported foreign exchange losses of £489,932, compared to a gain of £658,598 in 2023, therefore increasing overall administrative costs.”
• “Total assets increased 16% year-on-year mainly driven by an increase in accrued income.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.