Newfangled Games is a premium mobile, PC and console game development studio based in London. We recently caught up with the founder and BAFTA-winning game developer Henry Hoffman to find out how we’ve helped his business.
Newfangled Games were aware that we specialised in accounting for the gaming sector and chose us as they weren’t ‘aware of any other accountancy firm that was so immersed in the industry’. Henry has now been a client of ours for over 3 years, and notes that one of the reasons for initially choosing us was that “as a new business owner, we didn’t have many points of comparison, but their presence at industry events and long client list inspired confidence”.
We provide them with a full package of services including fixed fees, payroll, video games tax relief (VGTR) and our Plus Advisory service. In particular, we’ve helped them with SEIS, raising a pre-seed, securing project finance, executing options which has led to them landing major partnerships and growing their team from 2 to 8.
Henry added that “Plus Accounting have gone above and beyond a basic accountancy service, and have provided valuable advice and insight into many aspects of running a business. As a new founder, it often feels like you’re ‘winging’ it, but Plus have been on hand to answer any question, no matter how trivial or obvious. Throughout this process we’ve grown in confidence as business owners, and are confident that with Plus’ support, we can grow considerably over the next few years”.
When asked if he would be happy to recommend Plus Accounting, Henry answered “I’d happily recommend Plus, especially if they’re starting a new company, or working in video games”.