The site is majority owned by Distilled Media Ltd with a minority stake held by some of the original company founders, who delegate administrative and editorial control over the site to hundreds of unpaid
moderators. Currently, Tom Murphy is operating as acting managing director after the departure of the previous managing director, Gerry Shanahan, in February 2009. 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. 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. A new forum can be proposed by anyone, but requires a certain amount of support from other members. Most users do not pay any usage fees, although subscription is offered with benefits such as custom avatars and a change of username, amongst other features. ==Expansion==