How much does Farsight Gaming Ltd make?

Farsight Gaming Ltd reported revenue of £64.3k and £3.4k profit in the year to 31 Jan 2023, according to its accounts filed at Companies House.

How many employees does Farsight Gaming Ltd have?

Farsight Gaming Ltd reported an average of 2 employees in the year to 31 Jan 2023.

Is Farsight Gaming Ltd profitable?

Yes — Farsight Gaming Ltd reported a profit of £3.4k in the year to 31 Jan 2023.

Company No. 11204687 · Incorporated 14 Feb 2018

Farsight Gaming Ltd

Registered name: FARSIGHT GAMING LTD

Farsight Gaming Ltd made £64.3k revenue and £3.4k profit in the year to 31 Jan 2023.

Farsight Gaming Ltd’s revenue grew 302% to £64.3k in the year to 31 Jan 2023, with £3.4k profit and 2 employees. The company is classified under “video production activities” and is based in Stoke-on-Trent; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 59112Video production activities

Status: Liquidation
Location: Stoke-on-Trent, West Midlands
Age: 8 yrs · since 2018
Type: Private Limited Company

Latest accounts · year to 31 Jan 2023

Key figures

IndependentSmall teamCapital-lightYoung and profitableOperating leverage

Revenue

£64.3k

Growth ▲302.2%

Profit

£3.4k

Growth ▲555.3%

Profit margin

5.3%

Employees

Change —

Profit / employee

£1.7k

Revenue/employee £32.2k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Jan 2022	31 Jan 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£16k	£64.3k
Profit after tax	£517	£3.4k
Profit (best available)	£517	£3.4k
Staff costs	£7.2k	£43.8k
Employees (average)	—	2
Ratios
Profit margin	3.2%	5.3%
Revenue per employee	—	£32.2k
Profit per employee	—	£1.7k
Growth (year on year)
Revenue growth	—	▲302.2%
Profit growth	—	▲555.3%
Balance sheet — indirect signals, not revenue
Net assets	£2.3k	−£503
Fixed assets	£3.8k	£0
Current assets	£32.9k	£34.5k
Source	FullAccounts · bulk data Oct 2023	FullAccounts · bulk data Oct 2023

Derived from the latest filing

How the business works

Profit margin: 5.3%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £32.2k; Revenue ÷ average employees.
Profit per employee: £1.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▼122%; Now −£503
Cash at bank: —; Now —
Headcount: —; Now 2
Deferred income: —; Now —
Fixed assets: ▼100%; Now £0

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jan 2023 (profit £3.4k), from the Companies House accounts bulk data published Oct 2023. 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.