Build A Rocket Boy, the developer behind MindsEye, has entered administration after another round of layoffs. GamesIndustry.biz reports that the studio directly confirmed Opus Advisory Group is acting as its administrator.
The outlet says a Companies House filing indicated the appointment, although the document itself was not yet available when its report was published. Administration is an insolvency process intended to protect a company from creditor action while an administrator assesses the business and possible outcomes. It is not, by itself, an announcement that the studio has closed or entered liquidation.
The most recent accounts showed steep losses
Build A Rocket Boy's latest available accounts cover the 12 months ended September 30, 2025. GamesIndustry.biz reports that the company recorded a £47.5 million operating loss and a £36.2 million net loss during that period, with £61.8 million owed to creditors at the period's end.
The studio previously raised money from investors including NetEase Games, RedBird Capital Partners and Galaxy Interactive. Directors representing all three firms were removed from the board during summer 2026, according to the report.
Founder Leslie Benzies, a former Rockstar North president, established Build A Rocket Boy in 2016. Its first released game, MindsEye, arrived on June 4, 2025 and was met with negative reviews and poor audience reception. Within weeks, around 300 workers reportedly received notices that their roles were at risk of redundancy.
