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Jagex Company Status: Active - Proposal to Strike off

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According to this document researched by Pliigi at Stellar Dawn Central the UK is seeking to strike off Jagex from the companies register for failing to file their financial returns on time. The deadline should have been September.

 

http://data.companie...y/03982706.html

 

Source: http://pliigi.me/2012/12/13/jagex-almost-75-days-late-filing-legally-required-annual-financial-report/


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What happens if they are stricken from the register?


 

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What happens if they are stricken from the register?

It's unlikely. What's more likely is that the company directors will get fined. If they were struck off then they couldn't trade in the UK I believe.

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"We don't want players to be able to buy their way to success in RuneScape. If we let players start doing this, it devalues RuneScape for others. We feel your status in real-life shouldn't affect your ability to be successful in RuneScape" Jagex 01/04/01 - 02/03/12

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This won't happen. It's very rare that a company gets "struck off" in this way. A nice big fine will be coming their way though!

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Seeing as the UK is very proud of their "own" gaming company, I doubt there will be heavy consequences for Jagex. :s

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Edit: I derped a skipped a line so this post is nonsense.


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Please keep this shit out of general discussions. This has absolutely nothing to do with Runescape.


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Please keep this shit out of general discussions. This has absolutely nothing to do with Runescape.

Too bad there is no Jagex discussion section and this does not really belong into offtopic either.

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As others have said, I doubt that this will really impact Runescape in any kind of way.

 

@ Cheefoo

 

This is the GD section, and this is really the only appropriate board for this kind of discussion.

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Please keep this shit out of general discussions. This has absolutely nothing to do with Runescape.

Last I checked, Jagex owned and operated Runescape.


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Please keep this shit out of general discussions. This has absolutely nothing to do with Runescape.

 

Yea, what does an issue affecting Jagex have to do with RuneScape? I mean, it's not like the two are connected.

 

I doubt that they will shut down Jagex. The investors wouldn't let this cash cow die so easy.


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They are probably late is all. The only two things you can never escape is death and taxes... Ever heard that saying?




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They are probably late is all. The only two things you can never escape is death and taxes... Ever heard that saying?

and the Overly Attached Girlfriend :)

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They want to get all the goldpackage money first to make their records look better. Duh.

 

Just because they submit late doesn't change the dates on the records unless they are committing fraud. The info submitted won't contain anything for gold packages as they are a couple of months too late.


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Cue the " RS is dying" comments.

 

RS is dying

 

I AM JOKING

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I totally forgot about Pliigi/SDCentral until now. Is Stellar Dawn still going to be a thing? (I see their website is still up with "coming soon").

 

EDIT: Wow, their Jagex forum is really interesting, a lot of stuff I didn't know about. What's with all of the domain purchases O_o e.g. they purchased 121212.com most likely for the AoS release, yet never actually used it... and now the domain is pretty worthless.


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They won't get struck off, unless they persistently refuse to disclose their financial statements, but it's not a good idea. Investors and creditors are not able to view how worthy the company is of credit until that disclosure has been sent, because they can't assess how much liability shareholders have. New investment into the business is vital. Financial statements of limited companies are public documents by the way, so that disclosure should be available once it's been processed.

 

It doesn't really reflect at all on how good, or bad, RuneScape is selling as a product. The only thing that would reflect that would be the financial statements themselves.

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Stellar dawn thread on the topic, actally posted almost 2 months ago

http://www.stellardawncentral.com/forums/index.php?showtopic=19975

 

The only reason a company would delay such a (public) report over penalties and now, a threat to dissolve/liquidate the company is of course to hide the bad, bad numbers.

 

Honestly, Jagex would have been better off if they focused on retaining the rs population instead of trying to start other things, all of them which have failed: mechscape->stellar dawn, 8realms, a US crackpot studio that has made 1 fb book with less likes than my grandma, a transformers games that still haven't shown a single gameplay trailer...Oh and does ayone remember funorb?


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Stellar dawn thread on the topic, actally posted almost 2 months ago

http://www.stellardawncentral.com/forums/index.php?showtopic=19975

 

The only reason a company would delay such a (public) report over penalties and now, a threat to dissolve/liquidate the company is of course to hide the bad, bad numbers.

 

Honestly, Jagex would have been better off if they focused on retaining the rs population instead of trying to start other things, all of them which have failed: mechscape->stellar dawn, 8realms, a US crackpot studio that has made 1 fb book with less likes than my grandma, a transformers games that still haven't shown a single gameplay trailer...Oh and does ayone remember funorb?

 

To be fair, I thought their Transformers Universe game did have a gameplay trailer out now? Either way it is in closed beta. Just pointing that out -- I agree with you in general. :P


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Please keep this shit out of general discussions. This has absolutely nothing to do with Runescape.

 

This post intrigues me. Why exactly does it matter where this post goes?


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Please keep this shit out of general discussions. This has absolutely nothing to do with Runescape.

 

This post intrigues me. Why exactly does it matter where this post goes?

'Cause no one ain't got time for pre-apocalyptic ramblings - in real like or in virtual reality for that fact!




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