How much does Corvide Limited make?

Corvide Limited reported revenue of £6.9m and £265k profit in the year to 31 Mar 2024, according to its accounts filed at Companies House.

How many employees does Corvide Limited have?

Corvide Limited reported an average of 61 employees in the year to 31 Mar 2024.

Is Corvide Limited profitable?

Yes — Corvide Limited reported a profit of £265k in the year to 31 Mar 2024.

Company No. 12052326 · Incorporated 14 Jun 2019

Corvide Limited

Registered name: CORVIDE LIMITED

Part of Games Global UK Limited group

Corvide Limited made £6.9m revenue and £265k profit in the year to 31 Mar 2024. read from filing text

Corvide Limited’s revenue was £6.9m in the year to 31 Mar 2024, with £265k profit and 61 employees. The company is classified under “ready-made interactive leisure and entertainment software development” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62011Ready-made interactive leisure and entertainment software development

Status: Active
Location: London, London
Age: 7 yrs · since 2019
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.

Latest accounts · year to 31 Mar 2024

Key figures

Capital-lightYoung and profitable

Revenue

£6.9m

Growth —

Profit

£265k

Growth —

Profit margin

3.9%

Employees

Change —

Profit / employee

£4.3k

Revenue/employee £113k

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.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Mar 2023	31 Mar 2024
Disclosure	Full P&L	Full P&L	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£0	£5.9m	£6.9m
Gross profit	£0	£5.9m	—
Operating profit	£0	£340k	£285k
Profit before tax	£0	£278k	£276k
Profit after tax	£0	£222k	£265k
Profit (best available)	£0	£222k	£265k
Employees (average)	0	54	61
Ratios
Profit margin	—	3.8%	3.9%
Gross margin	—	100%	—
Revenue per employee	—	£109k	£113k
Profit per employee	—	£4.1k	£4.3k
Balance sheet — indirect signals, not revenue
Cash at bank	—	£695k	£883k
Net assets	£1k	£1.3m	£1.6m
Fixed assets	£0	£328k	£204k
Current assets	—	£1.5m	£2.5m
Debtors	—	£397k	£3.7k
Deferred income	—	£369k	£789k
Source	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: 3.9%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £113k; Revenue ÷ average employees.
Profit per employee: £4.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 11.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0.1%; 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: —; Now £1.6m
Cash at bank: —; Now £883k
Headcount: —; Now 61
Deferred income: —; Now £789k
Fixed assets: —; Now £204k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Games Global UK Limitedultimate parent75–100%
Corvide Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

Wishbone Games LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2024 (profit £265k), from the Companies House accounts bulk data published Dec 2024. 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.