outright games limited
outright games limited Company Information
Company Number
10385931
Next Accounts
Dec 2025
Shareholders
rockpool investment nominee limited
terence mathew malham
View AllGroup Structure
View All
Industry
Publishing of computer games
Registered Address
unit 54 merlin house, meteor way, lee-on-the-solent, hants, PO13 9FU
Website
www.outrightgames.comoutright games limited Estimated Valuation
Pomanda estimates the enterprise value of OUTRIGHT GAMES LIMITED at £84m based on a Turnover of £64m and 1.31x industry multiple (adjusted for size and gross margin).
outright games limited Estimated Valuation
Pomanda estimates the enterprise value of OUTRIGHT GAMES LIMITED at £141.7m based on an EBITDA of £19.5m and a 7.28x industry multiple (adjusted for size and gross margin).
outright games limited Estimated Valuation
Pomanda estimates the enterprise value of OUTRIGHT GAMES LIMITED at £71m based on Net Assets of £44.8m and 1.58x industry multiple (adjusted for liquidity).
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Outright Games Limited Overview
Outright Games Limited is a live company located in lee-on-the-solent, PO13 9FU with a Companies House number of 10385931. It operates in the publishing of computer games sector, SIC Code 58210. Founded in September 2016, it's largest shareholder is rockpool investment nominee limited with a 99.8% stake. Outright Games Limited is a young, large sized company, Pomanda has estimated its turnover at £64m with healthy growth in recent years.
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Outright Games Limited Health Check
Pomanda's financial health check has awarded Outright Games Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 9 measures and has 0 areas for improvement. Company Health Check FAQs
9 Strong
2 Regular
0 Weak
Size
annual sales of £64m, make it larger than the average company (£9.1m)
£64m - Outright Games Limited
£9.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (3.3%)
10% - Outright Games Limited
3.3% - Industry AVG
Production
with a gross margin of 56.2%, this company has a comparable cost of product (53.3%)
56.2% - Outright Games Limited
53.3% - Industry AVG
Profitability
an operating margin of 13.7% make it more profitable than the average company (3.4%)
13.7% - Outright Games Limited
3.4% - Industry AVG
Employees
with 171 employees, this is above the industry average (17)
171 - Outright Games Limited
17 - Industry AVG
Pay Structure
on an average salary of £56k, the company has a lower pay structure (£77.6k)
£56k - Outright Games Limited
£77.6k - Industry AVG
Efficiency
resulting in sales per employee of £374.1k, this is more efficient (£249.6k)
£374.1k - Outright Games Limited
£249.6k - Industry AVG
Debtor Days
it gets paid by customers after 12 days, this is earlier than average (27 days)
12 days - Outright Games Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is close to average (18 days)
18 days - Outright Games Limited
18 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Outright Games Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 24 weeks, this is more cash available to meet short term requirements (18 weeks)
24 weeks - Outright Games Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.1%, this is a lower level of debt than the average (58%)
35.1% - Outright Games Limited
58% - Industry AVG
OUTRIGHT GAMES LIMITED financials
Outright Games Limited's latest turnover from March 2024 is £64 million and the company has net assets of £44.8 million. According to their latest financial statements, Outright Games Limited has 171 employees and maintains cash reserves of £9.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Sep 2018 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 63,962,610 | 60,758,690 | 66,795,659 | 48,677,929 | 28,071,067 | 15,700,631 | 3,995,839 | ||
| Other Income Or Grants | |||||||||
| Cost Of Sales | 28,007,511 | 27,701,599 | 30,194,999 | 33,769,676 | 23,975,738 | 14,513,078 | 3,284,013 | ||
| Gross Profit | 35,955,099 | 33,057,091 | 36,600,660 | 14,908,253 | 4,095,329 | 1,187,553 | 711,826 | ||
| Admin Expenses | 27,215,331 | 28,290,408 | 22,469,579 | 4,969,486 | 2,866,165 | 1,117,577 | 880,519 | ||
| Operating Profit | 8,739,768 | 4,766,683 | 14,131,081 | 9,938,767 | 1,229,164 | 69,976 | -168,693 | ||
| Interest Payable | 598,522 | 49 | 9,001 | 110 | |||||
| Interest Receivable | 1,919 | 4 | 30 | 10 | 3 | ||||
| Pre-Tax Profit | 8,143,165 | 4,766,634 | 14,131,085 | 9,938,767 | 1,220,193 | 69,876 | -168,690 | ||
| Tax | 990,833 | -1,102,212 | -1,813,638 | -939,784 | 98,547 | 326,863 | 1,613,599 | ||
| Profit After Tax | 9,133,998 | 3,664,422 | 12,317,447 | 8,998,983 | 1,318,740 | 396,739 | 1,444,909 | ||
| Dividends Paid | |||||||||
| Retained Profit | 9,133,998 | 3,664,422 | 12,317,447 | 8,998,983 | 1,318,740 | 396,739 | 1,444,909 | ||
| Employee Costs | 9,568,644 | 6,504,638 | 4,359,348 | 3,014,687 | 1,524,355 | 533,958 | 507,363 | ||
| Number Of Employees | 171 | 131 | 65 | 32 | 24 | 21 | 20 | 8 | 6 |
| EBITDA* | 19,463,194 | 14,745,098 | 22,052,339 | 9,938,767 | 1,229,164 | 69,976 | -168,693 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Sep 2018 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 187,776 | 277,218 | 127,641 | ||||||
| Intangible Assets | 20,019,902 | 16,994,151 | 12,466,720 | ||||||
| Investments & Other | 74 | ||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 20,207,678 | 17,271,369 | 12,594,361 | 74 | |||||
| Stock & work in progress | 200,686 | 8,857,053 | 6,428,945 | 5,247,689 | 7,961,920 | 4,297,495 | 346,735 | ||
| Trade Debtors | 2,147,840 | 2,648,936 | 2,789,219 | 1,751,855 | 906,516 | 719,132 | 1,067,472 | 3,220 | |
| Group Debtors | 1,134,377 | 329,713 | 2,207,936 | 534,632 | |||||
| Misc Debtors | 35,732,962 | 27,353,056 | 16,936,186 | 11,274,247 | 10,858,931 | 6,758,228 | 4,087,444 | 1,428,342 | 921,798 |
| Cash | 9,790,437 | 3,296,938 | 8,334,397 | 6,237,980 | 2,233,897 | 1,726,837 | 260,277 | 302,635 | 2,964,359 |
| misc current assets | |||||||||
| total current assets | 48,805,616 | 33,628,643 | 30,468,424 | 28,121,135 | 20,428,289 | 14,451,886 | 13,377,113 | 6,566,324 | 4,232,892 |
| total assets | 69,013,294 | 50,900,012 | 43,062,785 | 28,121,135 | 20,428,289 | 14,451,886 | 13,377,113 | 6,566,398 | 4,232,892 |
| Bank overdraft | 120 | ||||||||
| Bank loan | 7,000,000 | ||||||||
| Trade Creditors | 1,399,155 | 1,258,257 | 1,732,078 | 1,344,180 | 1,496,311 | 1,254,930 | 2,280,954 | 722,236 | 149,974 |
| Group/Directors Accounts | 1,971,957 | 1,170,635 | |||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 10,698,801 | 10,057,622 | 7,814,569 | 7,346,059 | 5,583,891 | 3,221,737 | 3,197,333 | 132,529 | 28,054 |
| total current liabilities | 21,069,913 | 12,486,514 | 9,546,647 | 8,690,359 | 7,080,202 | 4,476,667 | 5,478,287 | 854,765 | 178,028 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | 128,535 | 112,888 | |||||||
| other liabilities | |||||||||
| provisions | 3,017,686 | 2,714,148 | 1,477,298 | 576,800 | 3,749,145 | 1,693,048 | |||
| total long term liabilities | 3,146,221 | 2,827,036 | 1,477,298 | 576,800 | 3,749,145 | 1,693,048 | |||
| total liabilities | 24,216,134 | 15,313,550 | 11,023,945 | 9,267,159 | 10,829,347 | 6,169,715 | 5,478,287 | 854,765 | 178,028 |
| net assets | 44,797,160 | 35,586,462 | 32,038,840 | 18,853,976 | 9,598,942 | 8,282,171 | 7,898,826 | 5,711,633 | 4,054,864 |
| total shareholders funds | 44,797,160 | 35,586,462 | 32,038,840 | 18,853,976 | 9,598,942 | 8,282,171 | 7,898,826 | 5,711,633 | 4,054,864 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Sep 2018 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 8,739,768 | 4,766,683 | 14,131,081 | 9,938,767 | 1,229,164 | 69,976 | -168,693 | ||
| Depreciation | 131,822 | 87,621 | 32,099 | ||||||
| Amortisation | 10,591,604 | 9,890,794 | 7,889,159 | ||||||
| Tax | 990,833 | -1,102,212 | -1,813,638 | -939,784 | 98,547 | 326,863 | 1,613,599 | ||
| Stock | -200,686 | -8,656,367 | 2,428,108 | 1,181,256 | -2,714,231 | 7,615,185 | 3,950,760 | 346,735 | |
| Debtors | 8,683,474 | 8,398,364 | 8,907,239 | 1,260,655 | 4,288,087 | 2,322,444 | 4,233,118 | 1,044,396 | 921,798 |
| Creditors | 140,898 | -473,821 | 387,898 | -152,131 | 241,381 | -1,026,024 | 2,130,980 | 572,262 | 149,974 |
| Accruals and Deferred Income | 656,826 | 2,355,941 | 468,510 | 1,762,168 | 2,362,154 | 24,404 | 3,169,279 | 104,475 | 28,054 |
| Deferred Taxes & Provisions | 303,538 | 1,236,850 | 900,498 | -3,172,345 | 2,056,097 | 1,693,048 | |||
| Cash flow from operations | 12,871,815 | 8,564,178 | 21,744,735 | 3,747,912 | 518,000 | 1,480,054 | -5,103,138 | ||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 74 | ||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 7,000,000 | ||||||||
| Group/Directors Accounts | 801,322 | 1,170,635 | |||||||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | -596,603 | -49 | 4 | -8,971 | -100 | 3 | |||
| cash flow from financing | 7,281,419 | 1,053,786 | 867,421 | 256,051 | -10,940 | -13,494 | 2,399,056 | ||
| cash and cash equivalents | |||||||||
| cash | 6,493,499 | -5,037,459 | 2,096,417 | 4,004,083 | 507,060 | 1,466,560 | -2,704,082 | -2,661,724 | 2,964,359 |
| overdraft | -120 | 120 | |||||||
| change in cash | 6,493,499 | -5,037,459 | 2,096,537 | 4,003,963 | 507,060 | 1,466,560 | -2,704,082 | -2,661,724 | 2,964,359 |
outright games limited Credit Report and Business Information
Outright Games Limited Competitor Analysis
Perform a competitor analysis for outright games limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in PO13 area or any other competitors across 12 key performance metrics.
outright games limited Ownership
OUTRIGHT GAMES LIMITED group structure
Outright Games Limited has no subsidiary companies.
Ultimate parent company
OUTRIGHT GAMES LIMITED
10385931
outright games limited directors
Outright Games Limited currently has 4 directors. The longest serving directors include Mr Adam Whittaker (Aug 2021) and Ms Stephanie Malham (Aug 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Adam Whittaker | United Kingdom | 47 years | Aug 2021 | - | Director |
| Ms Stephanie Malham | England | 41 years | Aug 2021 | - | Director |
| Mr Nick Button-Brown | England | 52 years | Aug 2021 | - | Director |
| Mr Robert Ellis | England | 73 years | Sep 2023 | - | Director |
P&L
March 2024turnover
64m
+5%
operating profit
8.7m
+83%
gross margin
56.3%
+3.32%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
44.8m
+0.26%
total assets
69m
+0.36%
cash
9.8m
+1.97%
net assets
Total assets minus all liabilities
outright games limited company details
company number
10385931
Type
Private limited with Share Capital
industry
58210 - Publishing of computer games
incorporation date
September 2016
age
9
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
BDO LLP
address
unit 54 merlin house, meteor way, lee-on-the-solent, hants, PO13 9FU
Bank
COUTTS & CO
Legal Advisor
-
outright games limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 5 charges/mortgages relating to outright games limited. Currently there are 2 open charges and 3 have been satisfied in the past.
outright games limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for OUTRIGHT GAMES LIMITED. This can take several minutes, an email will notify you when this has completed.
outright games limited Companies House Filings - See Documents
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