It is operated by Boards.ie Limited, an Irish Commercial Company, more specifically in the same headquarters of Daft.ie (DAFT MEDIA LIMITED), in Golden Lane, Dublin 8 which are both owned by the Distilled Media Group Boards.ie Limited is considered a small company, since its balance sheet total does not exceed 4.4million euro, and is registered as a commercial company involved in "computer and related activities.". Boards.ie Ltd was set up on Mon the 24th of Jan 2000 in Dublin 8. The company's current directors Paul Kenny, Eamonn Fallon, Odhran Ginnity, John Breslin and Thomas G Murphy have been the director of 24 other Irish companies between them; 6 of which are now closed. Boards.Ie Limited has 3 shareholders. Boards.ie started life as a forum for the computer game ‘Quake’ in 1998. It was registered as a company two years later. In 2008, it was considered one of the largest indigenous Irish websites online. However, its latest accounts show it had accumulated losses of €445,000 and rising, dropping more than €100,000 in those 12 months alone. It also had a hole of €65,000 in its balance sheet, a full four years after Daft got involved.