Openbet Retail Limited
Registered name: OPENBET RETAIL LIMITED
Part of Openbet Technologies Limited groupOpenbet Retail Limited made £1.7m revenue and £91.5k profit in the year to 31 Dec 2024.
Openbet Retail Limited’s revenue fell 3% to £1.7m in the year to 31 Dec 2024, with £91.5k profit and 0 employees. The company is classified under “other software publishing” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 34 yrs · since 1992
- Type
- Private Limited Company
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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £2.4m | £1.7m | £1.7m |
| Gross profit | £2.4m | £1.7m | £1.7m |
| Operating profit | £18.1k | £28.1k | £714 |
| Profit before tax | £23.6k | £65.2k | £91.5k |
| Profit after tax | −£173k | −£726k | £91.5k |
| Profit (best available) | −£173k | −£726k | £91.5k |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | −7.3% | −42.1% | 5.5% |
| Gross margin | 100% | 100% | 100% |
| Growth (year on year) | |||
| Revenue growth | — | ▼27.1% | ▼2.5% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £2m | £186k | £130k |
| Net assets | £8.1m | £7.4m | £7.5m |
| Fixed assets | £40.6k | £0 | — |
| Current assets | £9.5m | £8.7m | £8.8m |
| Debtors | £246k | £130k | £140k |
| Deferred income | £31.7k | £60.6k | £42.7k |
| Source | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Oct 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 5.5%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 8.4%
- 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
- ▲1%
- Now £7.5m
- Cash at bank
- ▼30%
- Now £130k
- Headcount
- —
- Now 0
- Deferred income
- ▼30%
- Now £42.7k
- Fixed assets
- —
- Now —
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
- Openbet Technologies Limitedultimate parent75–100%
- Openbet Retail Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Openbet LimitedRev. £59.1m · Profit £238k
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £91.5k), from the Companies House accounts bulk data published Sep 2025. 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.