How much does Jennings Racing Limited make?

Jennings Racing Limited reported revenue of £23.6m and a loss of £831k in the year to 27 Apr 2025, according to its accounts filed at Companies House.

How many employees does Jennings Racing Limited have?

Jennings Racing Limited reported an average of 706 employees in the year to 27 Apr 2025.

Is Jennings Racing Limited profitable?

No — Jennings Racing Limited reported a loss of £831k in the year to 27 Apr 2025.

Company No. 05726089 · Incorporated 1 Mar 2006

Jennings Racing Limited

Registered name: JENNINGS RACING LIMITED

Part of Betting Shop Services Limited group

Jennings Racing Limited made £23.6m revenue and a £831k loss in the year to 27 Apr 2025. read from filing text

Jennings Racing Limited’s revenue fell 1% to £23.6m in the year to 27 Apr 2025, with a loss of £831k and 706 employees. The company is classified under “gambling and betting activities” and is based in Epping; we hold 4 years of its filed accounts.

Full P&L filedSection R · Arts, entertainment and recreationSIC 92000Gambling and betting activities

Status: Active
Location: Epping, East of England
Age: 20 yrs · since 2006
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. From the filing: “The ultimate parent company is Betting Shop Services Limited (BSSL).”

Latest accounts · year to 27 Apr 2025

Key figures

Revenue

£23.6m

Growth ▼0.5%

Profit

−£831k

Growth ▼206%

Profit margin

−3.5%

Gross 75.9%

Employees

706

Change ▲18.3%

Profit / employee

−£1.2k

Revenue/employee £33.4k

Profitable streak

0yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	1 May 2022	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)	£21.7m	£21.6m	£23.7m	£23.6m
Cost of sales	£4.9m	£4.8m	£5.5m	£5.7m
Gross profit	£16.8m	£16.8m	£18.2m	£17.9m
Operating profit	£11.8m	£1.3m	£1.3m	−£412k
Profit before tax	£11.8m	£1.2m	£1.1m	−£517k
Profit after tax	£11.3m	£1.2m	£784k	−£831k
Profit (best available)	£11.3m	£1.2m	£784k	−£831k
Staff costs	£9.5m	£11.2m	£15.8m	£21.1m
Employees (average)	371	413	597	706
Ratios
Profit margin	52.3%	5.7%	3.3%	−3.5%
Gross margin	77.3%	77.8%	76.7%	75.9%
Revenue per employee	£58.5k	£52.3k	£39.7k	£33.4k
Profit per employee	£30.6k	£3k	£1.3k	−£1.2k
Growth (year on year)
Revenue growth	—	▼0.5%	▲9.9%	▼0.5%
Profit growth	—	▼89.1%	▼36.5%	▼206%
Headcount growth	—	▲11.3%	▲44.5%	▲18.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£692k	£589k	£791k	£899k
Net assets	£5m	£6.3m	£7.1m	£6.2m
Fixed assets	£2.6m	£3m	£2.4m	£2.9m
Current assets	£5.5m	£7.3m	£8.5m	£15.6m
Debtors	£647k	£966k	£0	£4.1k
Deferred income	£1.3m	£1.1m	£1.3m	£2.2m
Source	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2024	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Jan 2026

Derived from the latest filing

How the business works

Profit margin: −3.5%; Profit ÷ revenue.
Gross margin: 75.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £33.4k; Revenue ÷ average employees.
Profit per employee: −£1.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 12.2%; 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: 0%; 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: ▼12%; Now £6.2m
Cash at bank: ▲14%; Now £899k
Headcount: ▲18%; Now 706
Deferred income: ▲69%; Now £2.2m
Fixed assets: ▲19%; Now £2.9m

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

Betting Shop Services Limitedultimate parent75–100%
Jennings Racing Limitedthis company

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

Sister companies (7)

Betting Shop Operations LimitedRev. £33.4m · Profit £6.9m
Mark Jarvis LimitedRev. £20.5m · Profit £1.7m
Bet 21 LimitedFigures not disclosed
Jennings (SL) LimitedFigures not disclosed
Jennings Racing (2006) LimitedFigures not disclosed
Jenningsbet Online LimitedFigures not disclosed
Joe Jennings Bookmakers LimitedFigures not disclosed

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 27 Apr 2025 (profit −£831k), 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.