HYPIXEL STUDIOS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-06 (in 10mo)
Last made up 2026-02-20
Watchouts
Cash
£3M
-50.2% vs 2023
Net assets
-£61M
-359.1% vs 2023
Employees
43
0% vs 2023
Profit before tax
-£48M
-67.7% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
During 2024, the Company continued the development of its in-progress game. As outlined in Note 2.4 and 25 of the financial statements, the Company is no longer a going concern and plans to wind down operations.
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | -£28,466,300 | -£46,743,019 | |
| Profit before tax | -£28,482,953 | -£47,772,065 | |
| Net profit | -£28,442,047 | -£47,772,065 | |
| Cash | £6,672,784 | £3,320,506 | |
| Total assets less current liabilities | -£11,118,380 | -£61,075,036 | |
| Net assets | -£13,302,970 | -£61,075,036 | |
| Equity | -£13,302,970 | -£61,075,036 | |
| Average employees | 43 | 43 | |
| Wages | £4,932,463 | £5,460,727 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Return on capital employed | 256.0% | 76.5% | |
| Current ratio | 0.18x | 0.27x | |
| Interest cover | -1709.48x | -45.42x |
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.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- PricewaterhouseCoopers
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“During 2024, the Company continued the development of its in-progress game. As outlined in Note 2.4 and 25 of the financial statements, the Company is no longer a going concern and plans to wind down operations.”
Group structure
- HYPIXEL STUDIOS LIMITED · parent
- Hypixels Studios USA, Inc 100%
Significant events
- “On 23 June 2025, the Company announced the cessation of development of its in-progress game and outlined a plan to wind down related operations.”
- “On 14 November 2025, the Company completed the sale of the associated intellectual property to two of the project's original founders.”
- “The Company's dormant subsidiary, Hypixel Studios USA, Inc was formally dissolved on 20 November 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BRIDGEMAN, Alan Jeremiah | Director | 2020-02-21 | Aug 1974 | Irish |
| SOTTOSANTI, Mark | Director | 2020-04-14 | Oct 1971 | American |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CHO, Brian | Director | 2020-02-21 | 2021-04-02 |
| CHOW, Michael | Director | 2021-04-02 | 2022-04-22 |
| DONAGHEY, Aaron | Director | 2020-05-01 | 2025-09-17 |
| DONLON, Anna | Director | 2022-04-22 | 2023-09-20 |
| MCCAFFERTY, Sean | Director | 2020-05-01 | 2025-09-17 |
| PERRY, John David | Director | 2024-03-29 | 2025-09-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Tencent Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100% | 2020-02-21 | Active |
Filing timeline
Last 20 of 27 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-02 | AA | accounts | Accounts with accounts type full | |
| 2025-10-06 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-10-06 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-06 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-06 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-02 | AA | accounts | Accounts with accounts type full | |
| 2024-06-27 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-16 | AA | accounts | Accounts with accounts type small | |
| 2023-02-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-31 | AA | accounts | Accounts with accounts type small | |
| 2022-05-16 | AP01 | officers | Appoint person director company with name date | |
| 2022-05-13 | TM01 | officers | Termination director company with name termination date | |
| 2022-03-28 | AA | accounts | Accounts with accounts type small | |
| 2022-02-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-08 | AP01 | officers | Appoint person director company with name date | |
| 2021-05-13 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 3
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
—
Not reported
-
Cash
-50.2%
£6,672,784 £3,320,506
-
Net assets
-359.1%
-£13,302,970 -£61,075,036
-
Employees
0%
43 43
-
Operating profit
-64.2%
-£28,466,300 -£46,743,019
-
Profit before tax
-67.7%
-£28,482,953 -£47,772,065
-
Wages
+10.7%
£4,932,463 £5,460,727
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