Steamforged Games Ltd
Registered name: STEAMFORGED GAMES LTD
Part of Steamforged Holdings Limited groupSteamforged Games Ltd made £13.6m revenue and £1.4m profit in the year to 31 Mar 2024. read from filing text
Steamforged Games Ltd’s revenue grew 91% to £13.6m in the year to 31 Mar 2024, with £1.4m profit and 37 employees. The company is classified under “retail sale via mail order houses or via internet” and is based in Salford; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Salford, North West
- Age
- 12 yrs · since 2014
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | — | £7.1m | £13.6m |
| Cost of sales | — | £4.7m | £8.1m |
| Gross profit | — | £2.5m | £5.6m |
| Operating profit | — | −£1.8m | £1.4m |
| Profit before tax | — | −£1.8m | £1.4m |
| Profit after tax | — | −£2m | £1.4m |
| Profit (best available) | — | −£2m | £1.4m |
| Staff costs | — | £1.9m | £1.7m |
| Employees (average) | 43 | 52 | 37 |
| Ratios | |||
| Profit margin | — | −28.6% | 10.4% |
| Gross margin | — | 34.8% | 40.8% |
| Revenue per employee | — | £137k | £368k |
| Profit per employee | — | −£39.2k | £38.5k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲91.1% |
| Headcount growth | — | ▲20.9% | ▼28.8% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £660k | £2.1m | £3.8m |
| Net assets | −£4.2m | −£6.3m | −£4.8m |
| Fixed assets | £2.1m | £2.4m | £2.9m |
| Current assets | £6.3m | £10.7m | £9.4m |
| Debtors | £461k | £422k | £248k |
| Deferred income | — | £13.8m | £12.5m |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2025 |
How the business works
- Profit margin
- 10.4%
- Profit ÷ revenue.
- Gross margin
- 40.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £368k
- Revenue ÷ average employees.
- Profit per employee
- £38.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 21.6%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 92.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1.8%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now −£4.8m
- Cash at bank
- ▲82%
- Now £3.8m
- Headcount
- ▼29%
- Now 37
- Deferred income
- ▼9%
- Now £12.5m
- Fixed assets
- ▲22%
- Now £2.9m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Steamforged Holdings Limitedultimate parent75–100%
- Steamforged Games Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Black Anchor Heavy Industries LtdFigures not disclosed
- SFG Innovations LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £1.4m), from the Companies House accounts bulk data published Mar 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.