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Formation Games Studio Ltd

11881549

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

167-169 GREAT PORTLAND STREET, LONDON, W1W 5PF
Incorporated 14/03/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62011
Ready-made interactive leisure and entertainment software development

Officers

Mr Alexander James Horne

director · Since 21/10/2020

ADVISOR

BRITISH · ENGLAND · Age 53

Mr Jonathan Barnes

director · Since 01/10/2022

CHIEF EXECUTIVE

BRITISH · ENGLAND · Age 52

Also on 1 other board

Mr. Alexander James Horne

secretary · Since 15/05/2024

Charles Gough

director · Since 09/04/2026

AMERICAN · UNITED STATES · Age 51

Mr Curtis Urbanowicz

director · Since 09/04/2026

CANADIAN · ENGLAND · Age 32

Also on 2 other boards

Persons with Significant Control

Makers Fund Vcc

25–50% shares
25–50% votes

63, Robinson Road, #08-00 Afro Asia, 068894

Reg: T21vc0193l · Singapore · Variable Capital Company

Notified 05/05/2026

Former PSCs

Mr Guy Jeremy Rogers

Ceased 14/03/2019

Mr Christopher Douglas Cragg

Ceased 28/09/2021

Mr Stuart Walsh

Ceased 28/09/2021

CompanyRankvs 229+ SIC 62011 peers
82

Financial strength98th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 10.38× · 20/20
Longevity7 years trading (max 15) · 7/15
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.

Longevity7/15 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

£1.6M

Balance sheet strength

Cash

£688k

Cash in the bank

Net Current Assets

£1.5M

Working capital

Current Assets

£1.7M

Current Liabilities

£164k

Fixed Assets

£20k

Debtors

£1.0M

12avg. employees-2

Balance Sheet

Assets less current liabilities£1.6M
Signed by Mr Alexander Horne 2 May 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202410.38+£481k
202313.01+£586k
202216.19+£530k
20211.24-£209k
20203.62+£109k
20202.79

Derived from filed accounts. Not audited figures.