ASTRA GAMES LTD

FIRST FLOOR, 107, STATION STREET, BURTON-ON-TRENT, STAFFORDSHIRE, DE14 1SZ

Previous name: ASTRA GAMES (TWO) LIMITED (changed on 12-Jan-2015)

Company Number: 09280224
Incorporation date: 24-Oct-2014
Status: Liquidation
Entity type: Private Limited Company

SIC codes:
32401 Manufacture of professional and arcade games and toys

SUMMARY

This company is 9.5 years old and is currently liquidation. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 19.5 million which has increased from GBP 15.6 million in the previous year. The latest reported revenue figure is GBP 40.6 million which is down -20% on the previous year. The company has 3 active officers (directors or partners) who are or were officers of 39 other companies, 3 (7.7%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.

FINANCIALS (BETA)

Next accounts due: 30-Apr-2021
Accounts Filed: FULL (31-Dec-2018)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Received	Interest Paid	Tax	Net Profit GBP
31-Dec-2018	GBP	40,594,046	6,501,958	48,318	752,068	101,086	5,899,294
31-Dec-2017	GBP	48,447,993	5,059,184	840	775,032	863,496	3,421,496
31-Dec-2016	GBP	38,257,471	5,483,945		483,197	947,075	4,053,673
31-Dec-2015	GBP	22,714,011	3,023,511		578,290	342,320	2,102,901

Balance Sheet Financials:

Year end	Currency	Cash	Current Liabilities	Debt	Share Capital	Retained Earnings	Net Assets
31-Dec-2018	GBP	1,163,885	12,053,181	16,050,000	6,000,000	13,477,364	19,477,364
31-Dec-2017	GBP	782,599	12,964,021	16,050,000	6,000,000	9,578,070	15,578,070
31-Dec-2016	GBP	12,393	20,324,452	10,000,000	1	6,156,574	6,156,575
31-Dec-2015	GBP	5,074,280		12,816,183	1	2,102,901	2,102,902

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**
31-Dec-2017	GBP	100.00%	5,999,999	1	6,000,000	15,627,505

* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All apointments (active/resigned)
Active	Carys DAMON	01 Oct 2019	16 Apr 2024			1 - 0
Resigned	Neil PARAMORE	24 Oct 2014	01 Oct 2019			0 - 1

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Brooks Harrison PIERCE	01 Oct 2019		Director	American	10 - 6	3 (18.8%)
Active	Stewart Frank Bradley BAKER	01 Oct 2019		Director	British	6 - 34	4 (10.0%)
Active	Carys DAMON	01 Oct 2019		Director And Company Secretary	British	20 - 6	4 (15.4%)
Resigned	Christopher Michael BUTLER	01 Jan 2017	01 Oct 2019	Director	British	0 - 2	2 (100.0%)
Resigned	Stephen HOWLETT	01 Aug 2016	11 Oct 2019	Finance Director	British	0 - 3	2 (66.7%)
Resigned	Andrew DINNING	01 Jan 2015	07 Oct 2019	Director	British	3 - 3	1 (16.7%)
Resigned	Ronald Arthur WATTS	01 Jan 2015	07 Oct 2019	Director	British	0 - 9	6 (66.7%)
Resigned	Zane Cedomir MERSICH	24 Oct 2014	01 Oct 2019	Director	British	13 - 30	13 (30.2%)
Resigned	Neil PARAMORE	24 Oct 2014	01 Oct 2019	Director	British	0 - 51	16 (31.4%)

Number of active directors: 3
Average tenure of active directors: 4.5 years
Average tenure of resigned directors: 4.2 years
Average active director Dissolution Rate: 14.7%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Brooks Harrison PIERCE	Stewart Frank Bradley BAKER	Carys DAMON
REVOLUTION ENTERTAINMENT SYSTEMS LIMITED (00864537) - Active		✔	✔
KOSSWAY AUTOMATICS WESTERN (01069441) - Active		✔
INSPIRED BROADCAST NETWORKS LIMITED (01187805) - Active		✔
HARGREAVES MACHINES LIMITED (01212175) - Active		✔
INN STYLE LEISURE (01213531) - Active		✔
SESCOMATICS (01272630) - Active		✔
LEISURE LINK ELECTRONIC ENTERTAINMENT LIMITED (02067231) - Active		✔	✔
MAM SERVICES LIMITED (03188547) - Active		✔
REVOLUTION ENTERTAINMENT SYSTEMS HOLDINGS LIMITED (03444155) - Active		✔	✔
REVOLUTION ENTERTAINMENT SYSTEMS (2) LIMITED (03556955) - Active		✔
INSPIRED GAMING (UK) LIMITED (03565640) - Active	✔	✔	✔
INSPIRED GAMING (INTERNATIONAL) LIMITED (03913734) - Active		✔
INSPIRED GAMING LIMITED (03913746) - Active		✔	✔
INSPIRED TECHNOLOGY UK LIMITED (04266368) - Active		✔
115CR (150) LIMITED (04427252) - Active		✔	✔
BELL-FRUIT GROUP LIMITED (05015596) - Liquidation	✔	✔	✔
VIRTUAL RACING SYSTEMS LIMITED (05053815) - Active		✔
EVER 2532 LIMITED (05304980) - Active		✔
INSPIRED GAMING (HOLDINGS) LIMITED (05304991) - Active	✔	✔	✔
GAMESTEC LEISURE LIMITED (05348584) - Liquidation	✔	✔	✔
INSPIRED GAMING GROUP LIMITED (05804323) - Active	✔	✔	✔
LEISURE PROJECTS LIMITED (05907026) - Active	✔	✔	✔
GAMING ACQUISITIONS LIMITED (07120910) - Active	✔	✔	✔
DMWSL 633 LIMITED (07176544) - Active	✔	✔	✔
DMWSL 632 LIMITED (07176582) - Active	✔	✔	✔
DMWSL 631 LIMITED (07176707) - Active	✔	✔	✔
INSPIRED GAMING (ITALY) LIMITED (07419373) - Active		✔
INSPIRED GAMING (VENTURES) LIMITED (07639465) - Active		✔
INSPIRED GAMING (COLOMBIA) LIMITED (07703864) - Active		✔
BELL-FRUIT GAMES LIMITED (08142284) - Active	✔	✔	✔
PLAYNATION LIMITED (08258418) - Liquidation		✔	✔
FUN HOUSE LEISURE SALES LIMITED (08617078) - Active	✔	✔	✔
INSPIRED GAMING (GREECE) LIMITED (09219329) - Active		✔	✔
ASTRA GAMES LTD (09280224) - Liquidation	✔	✔	✔
HARLEQUIN GAMING LIMITED (09292082) - Active	✔	✔	✔
INNOV8 GAMING LIMITED (10717040) - Active	✔	✔	✔
INSPIRED ENTERTAINMENT (FINANCING) PLC (13302880) - Active		✔	✔
INSPIRED ENTERTAINMENT (MALTA) LIMITED (FC039008) - Active		✔	✔
INSPIRED ENTERTAINMENT (MALTA) HOLDINGS LIMITED (FC039036) - Active		✔	✔
FUN HOUSE LEISURE LIMITED (SC326282) - Active	✔	✔	✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2019-12-31	2017-12-31	2015-12-31	2014-12-31
INSPIRED GAMING (UK) LIMITED	ORDINARY	6,000,000 100%	0 0%	0 0%	0 0%
NOVOMATIC UK LIMITED	ORDINARY	0 0%	6,000,000 100%	1 100%	0 0%
ASTRA GAMES LIMITED	ORDINARY	0 0%	0 0%	0 0%	1 100%

SHAREHOLDINGS (BETA)

Company name	Share class	Shares at confimation date
Company name	Share class	2014-11-30
ASTRA GAMES LTD	ORDINARY	8,810,597 100%

CONTROLLED COMPANIES / CONTROLLING ENTITIES

- - >75%:Inspired Entertainment Inc. (001-36689 - Delaware) active
    25-50%:Mr Michael Adam Risman - active
    50%-75%:Vitruvian Partners Llp (Oc319894 - England & Wales) ceased
    >75%:Dmwsl 633 Limited (07176544 - England & Wales) active
    >75%:Dmwsl 632 Limited (07176582 - England & Wales) active
    >75%:Dmwsl 631 Limited (07176707 - United Kingdom) active
    >75%:Gaming Acquisitions Limited (07120910 - England & Wales) active
    >75%:Inspired Gaming Group Limited (05804323 - United Kingdom) active
  >75%:Inspired Gaming (Holdings) Limited (05304991 - England & Wales) active
>75%:Inspired Gaming (Uk) Limited (03565640 - England & Wales) active
- Significant influence or control:Johann Graf - active
>75%:Novomatic Uk Ltd (02816362 - United Kingdom) ceased

Controlling entities above

ASTRA GAMES LTD

Controlled companies below

>75%:HARLEQUIN GAMING LIMITED (09292082 - UK) ceased

LATE PAYMENTS REPORT

Start date	End date	Average days to pay	% invoices paid over 60 days	% invoices not paid within agreed terms	Gov.uk report
2020-01-01	2020-04-30	67	43%	67%	35373
2019-07-01	2019-12-31	57	39%	22%	28528
2019-01-01	2019-06-30	58	39%	11%	20349
2018-07-01	2018-12-31	57	36%	8%	11198
2018-01-01	2018-06-30	57	35%	7%	4653

COURT CASES

No Court Cases found

PATENTS

Title	Date filed	Status	Publication number
Bingo game machine using randomly selected dab symbols	2009-03-03	Terminated	GB2468296
Gaming System incorporating Player-specific Information	2003-12-08	Terminated	GB2397250
Credit transfer device for a gaming apparatus	2003-07-08	Terminated	GB2390724
Improvements relating to coin pusher mechanisms	2002-11-22	Terminated	GB2382313
Gambling machines connected to a further game of chance	1999-01-26	Terminated	GB2333631
An amusement or gaming machine with colour variable backlighting	1998-04-07	Terminated	GB2336233
Gaming or amusement with prizes machines	1994-09-01	Ceased	GB2281651

COMPETITORS

(Based on Sic code: 32401 Manufacture of professional and arcade games and toys)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
ASTRA GAMES LTD	FIRST FLOOR, 107, STATION STREET, BURTON-ON-TRENT, STAFFORDSHIRE, ENGLAND, DE14 1SZ	09280224	2017-12-31	48,447,993	3,421,496
VIGRID TECHNOLOGIES LTD	7 BELL YARD, LONDON, UNITED KINGDOM, WC2A 2JR	10523646	2018-12-31	287,064	0	62012-Business and domestic software development 62020-Information technology consultancy activities 62090-Other information technology service activities
NX GENERATION INTERNATIONAL LIMITED	2 RALEIGH CLOSE, HINCKLEY, LEICESTERSHIRE, LE10 1RX	08417466	2018-02-28	105,001	0	46190-Agents involved in the sale of a variety of goods
INOVA ONLINE LTD	3 PETERSHAM CLOSE, NEWPORT PAGNELL, BUCKS, UNITED KINGDOM, MK16 0JF	08893677	2018-02-28	12,866	0

LIQUIDATION RISK (BETA)

This company is Liquidation. Statistically, such companies have a VERY HIGH probability of being liquidated within a year.
Here are our probability predictions:

Basis	Liquidation within 3 months	Liquidation within 6 months	Liquidation within 12 months	Prediction confidence
Company status	100.0%	99.4%	99.9%	High
Other companies Active in the same sector	Too few competitors


Age	0.6%	2.5%	4.9%	Medium
Company Type	0.7%	3.7%	7.4%	Medium
Accounts category	0.7%	2.2%	3.8%	Medium
Accounting Month	0.6%	2.4%	5.5%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium