IMPROBABLE WORLDS LIMITED

Active
Company number 08070525Private limited companyIncorporated 2012

Key figures

£167,823,030-9.6%
Net assets 2024
-9.6%
Average annual change 2023–2024
050 m100 m150 m200 m20232024

† IMPROBABLE WORLDS LIMITED filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.

Ratios

2024

Sector comparison

SIC 62011

Where the company stands among the 6,986 active companies whose first SIC code is 62011 (Ready-made interactive leisure and entertainment software development).

Turnover£19,781,458
Higher than 84% · median £63,800 among 200 that publish turnover
Net assets£167,823,030
Higher than 99% · median £3,311
Total assets£180,297,734
Higher than 99% · median £19,460
Cash£7,725,974
Higher than 98% · median £18,437
Employees212
Higher than 99% · median 1
Company age14.5 years
Older than 87% · median 4.1 years
Largest in this sector by net assets
  1. MINICLIP (UK) LIMITED£300.9m
  2. IMPROBABLE WORLDS LIMITED£167.8m
  3. SUMO GROUP LIMITED£148.9m
  4. GLOBAL DRAW LIMITED£129.1m
  5. KINETIC GAMES LIMITED£104.1m
  6. NATURALMOTION GAMES LIMITED£91.5m
  7. UBISOFT REFLECTIONS LIMITED£91m
  8. GAMESYS LIMITED£87.6m
  9. TEAM 17 DIGITAL LIMITED£79.1m
  10. BLUEPRINT GAMING LTD£77.8m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 6,986. The line on each bar marks the median.

Summary: IMPROBABLE WORLDS LIMITED

What kind of company is it?

IMPROBABLE WORLDS LIMITED is a private limited company registered with Companies House under company number 08070525. It was incorporated on 16 May 2012. Its status is active. The registered office is in Barnet (EN5). Its nature of business (SIC 2007) is ready-made interactive leisure and entertainment software development (62011).

How is the company doing financially?

The latest accounts in the database are for 2024 (period ending 31 Dec 2024); the company files group accounts. Turnover was £19,781,458. Loss for the year was £60,095,769. Net assets were £167,823,030, down 9.6% on the previous year. Cash at bank and in hand was £7,725,974. Total assets were £180,297,734 and total liabilities £6,541,832. The company had an average of 212 employees. Figures are available for 2 financial years (2023–2024).

How does it compare with similar companies?

Compared with 6,986 active companies whose first SIC code is 62011: By turnover it ranks higher than 84% of the 200 that publish turnover (median £63,800). By net assets it ranks higher than 99% of them (median £3,311). By total assets it ranks higher than 99% of them (median £19,460). By cash it ranks higher than 98% of them (median £18,437). By number of employees it ranks higher than 99% of them (median 1). It is older than 87% of them (median age 4.1 years).

Has it received government grants?

It is recorded as the recipient of 3 central government grants worth £574.3k, mainly from Department for Science, Innovation and Technology.

What do public registers and reports show?

It appears on the Home Office register of licensed sponsors (Global Business Mobility: Senior or Specialist Worker, Skilled Worker). In its latest payment practices report it took an average of 20 days to pay suppliers, and 33% of invoices were not paid within agreed terms. Its gender pay gap report for 2023/24 shows median hourly pay for women 24.2% lower than for men.

Who runs and controls the company?

2 persons with significant control are registered. 1 of 3 registered charges are outstanding.

When are its next filings due?

The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 9 Jun 2027.

Filed accounts2023–2024
2023 †2024 †
Turnover66,292,49819,781,458
Profit for the year12,908,157-60,095,769
Cash at bank and in hand138,572,0467,725,974
Total assets207,713,406180,297,734
Total liabilities11,534,2486,541,832
Net assets / total equity185,707,078167,823,030
Average number of employees—212

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Government grants

3 grants

IMPROBABLE WORLDS LIMITED is recorded as the recipient of 3 central government grants since 2022, together worth £574.3k.

Funders
Department for Science, Innovation and Technology
2 grants · £570.5k
Department for Business, Energy and Industrial Strategy
1 grant · £3,768
Grants
  1. Max-RDepartment for Science, Innovation and Technology · £242,832 · UKRI - HEG - Scheme
  2. Max-RDepartment for Science, Innovation and Technology · £327,658 · UKRI - HEG - Scheme
  3. Max-RDepartment for Business, Energy and Industrial Strategy · £3,768 · UKRI - HEG - Scheme 22/23

From the Government Grants Register published by the Cabinet Office (financial years 2016/17 onwards, Open Government Licence v3.0). It covers grants from central government departments and their agencies where the register states the recipient's company number and the recipient name matches this company; grants from local authorities, lottery distributors and devolved governments are not included.

Statutory reporting

Payment practices1 Jul 2024 – 31 Dec 2024
Average time taken to pay invoices
20 days
Invoices not paid within agreed terms
33%
Standard payment terms
0–30 days
Member of a payment code
No
  • Within 30 days 86%
  • 31 to 60 days 11%
  • After 60 days 3%
Earlier periods (5)
Period ending
Days to pay
Within 30 days
Late
30 Jun 2024
20
83%
31%
31 Dec 2023
24
80%
37%
30 Jun 2023
23
82%
34%
31 Dec 2022
21
85%
32%
30 Jun 2022
19
86%
27%

View the latest report on GOV.UK

Gender pay gap2023/24
Median hourly pay
women 24.2% lower
Mean hourly pay
women 21.9% lower
Median bonus pay
women 33.3% lower
Employer size
250 to 499 employees
Lower pay quarter38.1% womenLower middle29.9% womenUpper middle19.6% womenUpper pay quarter12.4% women
Earlier years (4)
Year
Median hourly pay
Mean hourly pay
2022/23
women 24.1% lower
women 23% lower
2021/22
women 28.5% lower
women 23.7% lower
2020/21
women 23.1% lower
women 30.2% lower
2019/20
women 22.2% lower
women 30% lower

A positive gap means women's average hourly pay is lower than men's across the whole employer; it is not a comparison of pay for the same work. View on the Gender pay gap service

Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.

Registers and licences

Sponsor licence‡
Licence type and rating
Worker (A rating)
Routes
Global Business Mobility: Senior or Specialist Worker, Skilled Worker

On the Home Office register of licensed sponsors, which lists organisations licensed to sponsor workers from overseas.

Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.

History

8 events
  1. Financial year 2024 endedAccounts: turnover £19.8m, net assets £167.8m, 212 employees
  2. Financial year 2023 endedAccounts: turnover £66.3m, net assets £185.7m
  3. Svf Holdings (Uk) Llp registered as a person with significant control
  4. Softbank Group Capital Limited ceased to be a person with significant control
  5. Softbank Group Capital Limited registered as a person with significant control
  6. Herman Narula registered as a person with significant control
  7. Name changed to IMPROBABLE WORLDS LIMITEDPreviously MACSCO 47 LIMITED
  8. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current and former persons with significant control, and the end of each financial year with figures in the database.