Game developer Build a Rocket Boy Studio has entered administration following a recent wave of massive layoffs, marking effectively the bankruptcy stage.

According to filings submitted to Companies House, the company has appointed administrators, with Opus Advisory Group officially confirming that they are now acting as administrators. The appointment of administrators indicates that the company is in a state of insolvency and requires protection from legal action by creditors.

Build a Rocket Boy was founded in 2016 by Leslie Benzies, a key developer formerly of Rockstar Games who worked on the Grand Theft Auto series. Their debut title, MindsEye, was released on June 4, 2025, but was met with a negative critical reception and lukewarm user response. Within a month of launch, around 300 staff members received redundancy risk notices, prompting the IWGB Game Workers Union to announce legal action.

According to the most recently published financial report for the fiscal year ending September 30, 2025, Build a Rocket Boy recorded an operating loss of £47.5 million and a net loss of £36.2 million. As of the same date, the total liabilities owed by the company to creditors reached £61.8 million. Although the studio had previously secured investments from backers such as NetEase Games, RedBird Capital Partners, and Galaxy Interactive, directors representing these three firms were removed from the board in the summer of 2026.