MindsEye creator Build A Rocket Boy falls into administration following a year of staff cuts
Build A Rocket Boy, the studio behind MindsEye, has entered administration, with Opus Advisory Group appointed as administrator. The company reported £47.5M in operating losses and £61.8M owed to creditors, while cash re…
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Build A Rocket Boy, the studio behind MindsEye, has entered administration. The studio confirmed to GamesIndustry.biz that Opus Advisory Group is acting as administrator, placing the company into a formal insolvency process.
This marks the endgame of a downward slide that began with the game's disastrous launch and continued through more than a year of rolling layoffs.
The Numbers Behind the Collapse
The company's latest accounts, covering the nine months ending September 30, 2025, lay bare how precarious its position had become:
- £47.5 million in operating losses for the period
- Roughly £61.8 million owed to creditors by the end of the period
- Cash reserves that had plummeted from £52 million at the end of 2024 to just £19.4 million — a drop of more than 60% in roughly nine months
Burning through cash at that rate while carrying heavy debts left the studio little room to keep operating independently.
Background: A High-Profile Gamble Gone Wrong
Build A Rocket Boy was a closely watched British studio, and MindsEye was its flagship project. The game's launch in 2025 was widely regarded as a failure, triggering repeated rounds of layoffs at the company across the following year. Those staffing cuts were attempts to stem losses, but the accounts show they were not enough to reverse the financial trajectory.
What It Means
Administration is a formal insolvency process in the UK: the appointed administrator (in this case Opus Advisory Group) takes control of the company, and its future — a sale, restructuring, or wind-down — will depend on how that process unfolds. For MindsEye players and the studio's remaining staff, the immediate question is what becomes of the game's ongoing support and the studio's assets.
Where things stand now: Build A Rocket Boy is no longer operating as an independent business; its fate now rests with the administrator, and the insolvency process will determine whether any part of the studio survives.
FAQ / Common Questions
What happened to Build A Rocket Boy, the studio behind MindsEye?
Build A Rocket Boy has entered administration, a formal UK insolvency process. Opus Advisory Group is acting as the administrator and now controls the company, whose future — whether sale, restructuring, or wind-down — will depend on how the process unfolds.
Why did the studio collapse?
The collapse followed MindsEye's widely regarded failed launch in 2025 and more than a year of rolling layoffs. According to the company's latest accounts (nine months ending September 30, 2025), it posted £47.5 million in operating losses, owed roughly £61.8 million to creditors, and its cash reserves fell from £52 million at the end of 2024 to just £19.4 million.
How much debt does the company owe?
By the end of the accounting period, Build A Rocket Boy owed approximately £61.8 million to creditors.
Are the layoffs connected to the administration?
Yes. After the game's disastrous launch, the studio carried out repeated rounds of layoffs over the following year in an attempt to stem losses, but the financial accounts show these cuts were not enough to reverse the company's trajectory.
What happens to MindsEye and the studio's remaining staff?
The article states this is unclear for now. The immediate open questions are what becomes of the game's ongoing support and the studio's assets. The studio is no longer operating independently, and the insolvency process will determine whether any part of it survives.
TagsGame IndustryBuild A Rocket BoyMindsEyeAdministrationInsolvency
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