Megabet UK Ltd.
Registered name: MEGABET UK LTD.
Part of Betting Shop Services Limited groupMegabet UK Ltd. made £18.5m revenue and £2.5m profit in the year to 27 Apr 2025. read from filing text
Megabet UK Ltd.’s revenue grew 7% to £18.5m in the year to 27 Apr 2025, with £2.5m profit and 1 employee. The company is classified under “gambling and betting activities” and is based in Epping; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Epping, East of England
- Age
- 40 yrs · since 1986
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The ultimate parent company is Betting Shop Services Limited.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 30 Apr 2023 | 28 Apr 2024 | 27 Apr 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £10.4m | £21.6m | £17.2m | £18.5m |
| Cost of sales | £6.6m | £5.4m | £4.2m | £4.5m |
| Gross profit | £3.8m | £16.2m | £12.9m | £14m |
| Operating profit | £1m | £2.8m | — | — |
| Profit before tax | £1.1m | £2.8m | £3m | £3.3m |
| Profit after tax | £1.1m | £2.6m | £2.7m | £2.5m |
| Profit (best available) | £1.1m | £2.6m | £2.7m | £2.5m |
| Staff costs | £4.1m | £5m | £0 | — |
| Employees (average) | 209 | 174 | 1 | 1 |
| Ratios | ||||
| Profit margin | 10.9% | 11.9% | 15.8% | 13.6% |
| Gross margin | 36.7% | 74.9% | 75.3% | 75.7% |
| Revenue per employee | £49.7k | £124k | £17.2m | £18.5m |
| Profit per employee | £5.4k | £14.8k | £2.7m | £2.5m |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲7.4% |
| Profit growth | — | — | — | ▼7.8% |
| Headcount growth | — | — | — | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.2m | £1.1m | £654k | £657k |
| Net assets | £2m | £4.5m | £7.3m | £9.8m |
| Fixed assets | £1.3m | £1.7m | £3.1m | £3m |
| Current assets | £3.8m | £4.9m | £11.7m | £20.8m |
| Debtors | £0 | £51.3k | £0 | £20.1m |
| Deferred income | £954k | £1m | £1.3m | £1.3m |
| Source | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2024 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 13.6%
- Profit ÷ revenue.
- Gross margin
- 75.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £18.5m
- Revenue ÷ average employees.
- Profit per employee
- £2.5m
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 16.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 7.1%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 109%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲35%
- Now £9.8m
- Cash at bank
- ▲1%
- Now £657k
- Headcount
- 0%
- Now 1
- Deferred income
- ▼2%
- Now £1.3m
- Fixed assets
- ▼1%
- Now £3m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Betting Shop Services Limitedultimate parent75–100%
- Bet 21 Limited75–100%
- Megabet UK Ltd.this company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 27 Apr 2025 (profit £2.5m), from the Companies House accounts bulk data published Jan 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.