ZENIMAX EUROPE LIMITED

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 102

Reporting scope

Standalone (parent only)

Auditor

Deloitte (NI) Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Consequently, the directors are confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Group structure

1. ZENIMAX EUROPE LIMITED · parent
   1. ZeniMax Benelux B.V. 100% · The Netherlands · Games distributor, marketing centre after physical sales ceased
   2. ZeniMax France SAS 100% · France · Games distributor, marketing centre after physical sales ceased
   3. ZeniMax Germany GmbH 100% · Germany · Games distributor, marketing centre after physical sales ceased
   4. ZeniMax Australia Pty Ltd 100% · Australia · Games distributor, marketing centre after physical sales ceased
   5. Bethesda Softworks Europe Ltd 100% · Great Britain · Dormant company
   6. ZeniMax Online Ireland Ltd 100% · Ireland · Support Services

Significant events

• “During 2024 the company published and distributed video games and related content in markets throughout the world. Sales of physical product were phased out and the company shifted its focus to be solely on sales of digital content directly to consumers or via 3rd party sub-distributors in the United Kingdom & Republic of Ireland as well as in as in the rest of mainland Europe, South Africa and the Middle East.”
• “In 2024, the company launched the following titles: Hi-Fi Rush (PSS), Starfield: Shattered Space (PC & Xbox), Indiana Jones and the Great Circle (PC & Xbox) and The Elder Scrolls Online: Gold Road.”
• “During 2024 the subsidiaries (ZeniMax Germany GmbH, ZeniMax France SAS, ZeniMax Benelux BV and ZeniMax Australia Pty Limited) saw a change to their activities as they ceased delivering physical products and instead became marketing centres to promote the sales of our games and related content in their local markets.”
• “In 2024 the company declared and paid an interim dividend of £4m.”
• “Due to the ongoing conflict between Russia and Ukraine, the Directors decided to cease new operations in Russia for the forseeable future and intends to close down the branch during 2025. The financial impact of this decision is deemed immaterial to the company's financial statements.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  -14.1%

  £126,184,770 → £108,347,862

• Cash

  +8.7%

  £24,329,752 → £26,447,465

• Net assets

  -7%

  £17,748,126 → £16,506,429

• Employees

  -10%

  70 → 63

• Operating profit

  -29.2%

  £3,639,979 → £2,578,463

• Profit before tax

  -20.7%

  £4,308,150 → £3,417,710

• Wages

  -10.7%

  £7,136,674 → £6,374,857

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers