Author Topic: Star Citizen Company Shell Game  (Read 4311 times)

dsmart

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Star Citizen Company Shell Game
« on: January 09, 2018, 03:41:24 PM »
COMPLETE LIST.

**updated**
« Last Edit: March 27, 2019, 05:26:46 AM by dsmart »
Star Citizen isn't a game. It's a TV show about a bunch of characters making a game. It's basically "This is Spinal Tap" - except people think the band is real.

Motto

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Re: List of companies associated with Star Citizen
« Reply #1 on: January 09, 2018, 04:27:28 PM »

dsmart

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Re: List of companies associated with Star Citizen
« Reply #2 on: January 09, 2018, 05:09:07 PM »
Star Citizen isn't a game. It's a TV show about a bunch of characters making a game. It's basically "This is Spinal Tap" - except people think the band is real.

Motto

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Re: List of companies associated with Star Citizen
« Reply #3 on: January 09, 2018, 05:20:04 PM »
That's the US. I meant UK one

DemonInvestor

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Re: List of companies associated with Star Citizen
« Reply #4 on: January 10, 2018, 01:43:28 PM »
Thanks for the list Derek.
Still baffling how many there are.

Motto

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Re: List of companies associated with Star Citizen
« Reply #5 on: January 10, 2018, 02:30:02 PM »
From SA:

Foundry 42 Ltd filed their accounts today. These are early, since they reduced the accounting period. They cover the six month period from 1 January 2017 to 30 June 2017.
Here

There isn't too much of interest. Accountancy. Basically they no longer hold any cash reserves in the company, but things like bank balance and debtors (tax credit) don't hold much informative value since we're comparing June to December.

What is interesting is that the rumours of cutting back in staff numbers seem untrue. If anything they are increasing staff numbers in the UK exponentially. Foundry 42 Ltd employed an average of 221 people in 2016 which rose to an average of 284 people in the first six months of 2017. Wages in 2016 totalled some 9.8m but the first six months of 2017 totalled 6.05m. They have been fairly consistent with an average gross salary (inc ER's NI) of around 45k per employee.

There's a curious increase in "other creditors" that totals around 1.6m (up from 50k at December 2016). This is due for repayment within one year. It's not the other companies. Not really worth speculating what it is though.

It remains to be seen if they reduce the accounting period for the other UK companies, or if they extend them. Head says they should reduce and file a six months set. Heart says they will extend and file an eighteen month set. I really don't think there is a third "CIG option" to file a normal twelve month set of accounts...

DemonInvestor

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Re: List of companies associated with Star Citizen
« Reply #6 on: January 10, 2018, 11:10:00 PM »
One thing to note - Foundry 42 Ltd is named as a third party (not affiliate), with permission to use the engine for development, within the initial GLA. While it is a daughter of CIG UK Ltd.

dsmart

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Re: Star Citizen - List Of Active Companies
« Reply #7 on: February 19, 2018, 08:43:29 AM »
Added a new company RSI in Germany. Looks like they formed this one in Jan 2018, to correct the name ("Robert" instead of "Roberts") used in the original 2017 company filing.

So now that's 18 companies in 3 countries.
Star Citizen isn't a game. It's a TV show about a bunch of characters making a game. It's basically "This is Spinal Tap" - except people think the band is real.

dsmart

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Re: Star Citizen - List Of Active Companies
« Reply #8 on: June 06, 2018, 05:12:18 AM »
Following the surrender of RSI in CA, I have updated the list in the OP.
Star Citizen isn't a game. It's a TV show about a bunch of characters making a game. It's basically "This is Spinal Tap" - except people think the band is real.

 

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