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Failbetter Games Limited

07121579

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

124 CITY ROAD, LONDON, EC1V 2NX
Incorporated 11/01/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62011
Ready-made interactive leisure and entertainment software development

Officers

Mr Paul Arendt

director · Since 11/01/2010

ART DIRECTOR

BRITISH · ENGLAND · Age 54

Ms Hannah Mary Flynn

director · Since 01/10/2015

COMMUNICATIONS DIRECTOR

BRITISH · ENGLAND · Age 42

Mr Adam Alexander Myers

director · Since 15/06/2016

CEO

BRITISH · ENGLAND · Age 40

Persons with Significant Control

Mr Paul Arendt

50–75% votes

British · Scotland · Age 54

124, City Road, London, EC1V 2NX

Notified 01/03/2024

Former PSCs

Mr Paul Arendt

Ceased 15/02/2022

Mr Alexis Martin Calday Kennedy

Ceased 01/03/2024

Charges0 outstanding

Charge
satisfied

SILICON VALLEY BANK

Created 17/07/2017Registered 31/07/2017Satisfied 08/12/2021

CompanyRankvs 21+ SIC 62011 peers
90

Financial strength99th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 60.87× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£2.1M

Balance sheet strength

Cash

£1.7M

Cash in the bank

Net Current Assets

£2.1M

Working capital

Current Assets

£2.1M

Current Liabilities

£35k

Fixed Assets

£2k

Debtors

£421k

12avg. employees-1

Tax at Year End(2022)

VAT£3k

Balance Sheet

Assets less current liabilities£2.1M
Signed by Mr Adam Myers 26 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
202460.87+£515k
202336.73-£874k
202217.87-£63k£70k
2021124.21+£419k£70k
202051.19+£337k£252k
20194146.28+£579k£5k
2018263.28£19k

Derived from filed accounts. Not audited figures.