ACTIVISION BLIZZARD UK LTD

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. ACTIVISION BLIZZARD UK LTD 2009-04-01 → present
2. ACTIVISION U.K. LTD. 1985-04-23 → 2009-04-01
3. ACTIVISION SOFTWARE LIMITED 1983-09-01 → 1985-04-23
4. LEGIBUS 322 LIMITED 1983-03-25 → 1983-09-01

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Deloitte (NI) Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. The company is in a net asset position and has continued financial support of the Group parent. The directors have received confirmation that the Group parent intends to support the company for at least twelve months from the date of this report. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Group structure

1. ACTIVISION BLIZZARD UK LTD · parent
   1. Digital Legends Entertainment S.L. 100% · Barcelona, Spain · increase the Activision Blizzard Inc group's software development capacity and thus the revenue generated by future titles

Significant events

• “Due to the acquisition of the company on October 13, 2023, by Microsoft Corporation (Microsoft), Activision Blizzard UK extended the current financial year to an eighteen-month period to align with the new parent company's year end.”
• “Following acquisition the Company retained its rights under the "Buy-In" Licences, Cost Sharing Agreements (CSA) and Distribution Agreements that give it the right to exploit Activision and Blizzard Intellectual Property within the EMEA regions.”
• “On 13 October 2023, the company's ultimate parent company, Activision Blizzard, Inc., was acquired by Microsoft Corporation.”
• “During the year the Company declared a $2,000,000k dividend (2022 - $Nil).”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +190%

  £803,515,000 → £2,330,374,000

• Cash

  -21.2%

  £1,139,000 → £898,000

• Net assets

  -63.3%

  £7,137,490,000 → £2,622,830,000

• Employees

  +10.2%

  197 → 217

• Operating profit

  +66.2%

  -£801,878,000 → -£270,667,000

• Profit before tax

  +55.7%

  -£782,821,000 → -£346,865,000

• Wages

  +96%

  £23,654,000 → £46,367,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers