MIDASPLAYER.COM LTD.

PaymentCheck Score 2024
84Good
8.2vs last year
#1730 in UK
#60 in Creative
#788 in London

Company Information

Company Number
04534247
Registered Address
The Ampersand Building, 178 Wardour Street, London, England, W1F 8FY
Status
Active
Employee Count
418
Turnover
£1,104,004,000
EBITDA
£389,623,000

Additional Details

Company Type
Private limited Company
Incorporated On
13 September 2002
Nature of Business
62090 - Other information technology service activities
Industries
Creative,Media And Publishing,Lifestyle And Entertainment,Software
Region
London

Time to Pay

Average Time to Pay
24 days
Shortest Period:1 days
Longest Period:40 days
Max Contractual:40 days

Payment Timeline

Within 30 Days
83%
31-60 Days
15%
After 60 Days
2%
Not Paid Within Terms26%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2024-07-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2024 - 31 Dec 202430 Jan 20252580%16%4%23%
01 Jan 2024 - 30 Jun 202430 Jul 20242483%15%2%26%
01 Jul 2023 - 31 Dec 202325 Jan 20242869%26%4%33%
01 Jan 2022 - 30 Jun 202228 Jul 20223259%33%8%44%
01 Jul 2021 - 31 Dec 202128 Jan 20222786%12%2%21%
01 Jan 2021 - 30 Jun 202129 Jul 20212278%13%10%37%
01 Jul 2020 - 31 Dec 202029 Jan 20212983%10%7%34%
01 Jan 2020 - 30 Jun 202029 Jul 20202294%4%2%20%
01 Jul 2019 - 31 Dec 201929 Jan 20202492%6%2%18%
01 Jul 2019 - 30 Jul 201930 Jul 20192589%8%3%21%
01 Jul 2018 - 31 Dec 201829 Jan 20192877%19%4%36%
01 Jan 2018 - 30 Jun 201830 Jul 20183965%25%10%55%

Payment Time Trends

Payment Distribution Trends

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Our standard payment terms are net 30 days.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

40

Dispute Resolution Process

Dedicated mailboxes for resolving queries and disputes are shared with suppliers when they are onboarded. All queries are stored and managed internally using a ticketing system.

Other Payment Information

Has this business signed up to a code of conduct or standards on payment practices?

For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.

Does this business offer e-invoicing in relation to qualifying contracts?

This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.

Does this business offer supply chain finance?

This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.

Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No information available

Company Summary

MIDASPLAYER.COM LTD. is a British gaming company that was founded in 2003. The company is known for developing and publishing online games, with their most popular game being Candy Crush Saga. The company is headquartered in London, England and has offices in several other countries, including the United States, Sweden, and Malta.

MIDASPLAYER.COM LTD. is committed to sustainability and has implemented various initiatives to reduce their environmental impact. They have a recycling program in place for their offices and strive to use eco-friendly materials in their products. They also encourage their employees to use public transportation or carpool to reduce their carbon footprint.

The company's flagship product, Candy Crush Saga, is a highly addictive puzzle game that has been downloaded over 3 billion times worldwide. They also have a range of other popular games such as Bubble Witch Saga and Farm Heroes Saga. These games are available on various platforms, including mobile devices and social media.

The key people at MIDASPLAYER.COM LTD. include Riccardo Zacconi, the co-founder and CEO, and Sebastian Knutsson, the co-founder and Chief Creative Officer. They have a team of talented developers, designers, and marketers who work together to create and maintain their successful games.

For any inquiries or support, MIDASPLAYER.COM LTD. can be contacted through their website, www.midasplayer.com. Their registered office address is located at 1 More London Place, London, SE1 2AF, United Kingdom.

In summary, MIDASPLAYER.COM LTD. is a leading gaming company with a strong focus on sustainability. Their popular games, including Candy Crush Saga, have gained a massive following worldwide. With a dedicated team and a commitment to environmental responsibility, the company continues to grow and innovate in the competitive gaming industry.

Financial Metrics

Cash
£0
Net Worth
£680,045,282
Total Current Assets
£917,450,473
Total Current Liabilities
£245,287,458

Company Location