SPACE APE STUDIOS 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

Consolidated group

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have assessed the Group's ability to continue as a going concern, having reviewed the cash flow forecasts of the Group and taking into account the current challenging macroeconomic environment, including the high cost of living and continued inflationary pressures. Following the increase in shareholding by Supercell Oy, the Group benefits from enhanced financial stability and strategic support. As part of this increase in stake, Supercell Oy has committed to forgiving all outstanding debt owed by the Group effective February 2025, significantly strengthening the Group's financial position and removing future repayment obligations.”

Group structure

1. SPACE APE STUDIOS LIMITED · parent
   1. Space Ape Games (UK) Limited 100% · United Kingdom · Development of mobile games
   2. Space Ape US Inc 100% · United States · Development of mobile games
   3. Space Ape Limited 100% · United Kingdom · Publisher of mobile games
   4. Gorilla Development Limited 100% · United Kingdom · Development of mobile games

Significant events

• “Following the 100% acquisition of the remaining shares by Supercell Oy subsequent to the reporting date, the Group focusses on aligning its operational priorities with Supercell's broader portfolio, optimising resource allocation, and benefiting from centralised financial and strategic support. As part of this increase in stake, Supercell Oy has committed to forgiving all outstanding debt owed by the Group effective February 2025.”
• “Following the 100% acquisition of the remaining shares by Supercell Oy, the Group has implemented a legal entity restructure to streamline operations and reduce administrative complexity. This includes the transfer of ownership of Space Ape Limited (SAL) to Supercell Oy, the distribution of SAL shares as a dividend in specie, and the transfer of trade and business activities to SAL. The Group plans to liquidate all other entities within the Group, with the exception of SAL, via voluntary strike-off.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  -25.5%

  £64,875,189 → £48,301,751

• Cash

  —

  Not reported

• Net assets

  -27.9%

  -£39,359,629 → -£50,331,518

• Employees

  +12.4%

  121 → 136

• Operating profit

  +58.9%

  -£12,029,882 → -£4,941,333

• Profit before tax

  +25.6%

  -£13,833,476 → -£10,294,550

• Wages

  +18.2%

  £10,872,595 → £12,850,408

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