How much does Openbet Limited make?

Openbet Limited reported revenue of £59.1m and £238k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Openbet Limited have?

Openbet Limited reported an average of 259 employees in the year to 31 Dec 2024.

Is Openbet Limited profitable?

Yes — Openbet Limited reported a profit of £238k in the year to 31 Dec 2024.

Company No. 03134634 · Incorporated 6 Dec 1995

Openbet Limited

Registered name: OPENBET LIMITED

Part of Openbet Technologies Limited group

Openbet Limited made £59.1m revenue and £238k profit in the year to 31 Dec 2024. read from filing text

Openbet Limited’s revenue grew 8% to £59.1m in the year to 31 Dec 2024, with £238k profit and 259 employees. The company is classified under “business and domestic software development” and is based in London; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 62012Business and domestic software development SIC 62020Information technology consultancy activities SIC 62090Other information technology service activities

Status: Active
Location: London, London
Age: 30 yrs · since 1995
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.

Latest accounts · year to 31 Dec 2024

Key figures

Doing more with less

Revenue

£59.1m

Growth ▲7.9%

Profit

£238k

Growth —

Profit margin

0.4%

Gross 90.2%

Employees

259

Change ▼18.8%

Profit / employee

£919

Revenue/employee £228k

Profitable streak

1yr

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£42.6m	£54.8m	£59.1m
Cost of sales	£5.2m	£4.7m	£5.8m
Gross profit	£37.4m	£50.1m	£53.3m
Operating profit	−£40.1m	−£13.5m	£561k
Profit before tax	−£39.6m	−£13.4m	£238k
Profit after tax	−£34.1m	−£19.3m	£238k
Profit (best available)	−£34.1m	−£19.3m	£238k
Staff costs	£24.8m	£24.4m	£22.5m
Employees (average)	299	319	259
Ratios
Profit margin	−80%	−35.3%	0.4%
Gross margin	87.9%	91.4%	90.2%
Revenue per employee	£142k	£172k	£228k
Profit per employee	−£114k	−£60.7k	£919
Growth (year on year)
Revenue growth	—	▲28.6%	▲7.9%
Headcount growth	—	▲6.7%	▼18.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£2.7m	£12m	£8.2m
Net assets	£188m	£170m	£173m
Fixed assets	£65.3m	£85.1m	£90.4m
Current assets	£143m	£145m	£154m
Debtors	£7.3m	£5.6m	£4.3m
Deferred income	£4.4m	£3m	£5.5m
Source	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 0.4%; Profit ÷ revenue.
Gross margin: 90.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £228k; Revenue ÷ average employees.
Profit per employee: £919; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 153%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 9.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 7.3%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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 £173m
Cash at bank: ▼31%; Now £8.2m
Headcount: ▼19%; Now 259
Deferred income: ▲84%; Now £5.5m
Fixed assets: ▲6%; Now £90.4m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Openbet Technologies Limitedultimate parent75–100%
Openbet Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Sportcast LimitedFigures not disclosed

Sister companies (1)

Openbet Retail LimitedRev. £1.7m · Profit £91.5k

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £238k), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.

Updated from Companies House on 12 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.