How much does Openbet Technologies Limited make?

Openbet Technologies Limited reported revenue of £44.9m and a loss of £155m in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Openbet Technologies Limited have?

Openbet Technologies Limited reported an average of 0 employees in the year to 31 Dec 2024.

Is Openbet Technologies Limited profitable?

No — Openbet Technologies Limited reported a loss of £155m in the year to 31 Dec 2024.

Company No. 06712030 · Incorporated 1 Oct 2008

Openbet Technologies Limited

Registered name: OPENBET TECHNOLOGIES LIMITED

Openbet Technologies Limited made £44.9m revenue and a £155m loss in the year to 31 Dec 2024. read from filing text

Openbet Technologies Limited’s revenue grew 28% to £44.9m in the year to 31 Dec 2024, with a loss of £155m and 0 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: 18 yrs · since 2008
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.

Latest accounts · year to 31 Dec 2024

Key figures

IndependentSmall team

Revenue

£44.9m

Growth ▲28%

Profit

−£155m

Growth —

Profit margin

−344.8%

Gross 82.5%

Employees

Change —

Profit / employee

—

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.

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)	£30.6m	£35.1m	£44.9m
Cost of sales	£1.7m	£8m	£7.8m
Gross profit	£28.9m	£27m	£37m
Operating profit	−£8.4m	£1m	£770k
Profit before tax	−£8.2m	£1.1m	−£155m
Profit after tax	−£6.1m	−£707k	−£155m
Profit (best available)	−£6.1m	−£707k	−£155m
Employees (average)	0	0	0
Ratios
Profit margin	−19.8%	−2%	−344.8%
Gross margin	94.6%	77%	82.5%
Growth (year on year)
Revenue growth	—	▲14.7%	▲28%
Balance sheet — indirect signals, not revenue
Cash at bank	£3.3m	£2.7m	£2.5m
Net assets	£249m	£248m	£93.6m
Fixed assets	£338m	£338m	£182m
Current assets	£25m	£25m	£32.8m
Debtors	£5.1m	£3.5m	£2.3m
Deferred income	£670k	£1.3m	£2m
Source	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2024	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: −344.8%; Profit ÷ revenue.
Gross margin: 82.5%; 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: 405.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 5.2%; 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: ▼62%; Now £93.6m
Cash at bank: ▼8%; Now £2.5m
Headcount: —; Now 0
Deferred income: ▲49%; Now £2m
Fixed assets: ▼46%; Now £182m

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

Subsidiaries (2)

Openbet LimitedRev. £59.1m · Profit £238k
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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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£155m), from the Companies House accounts bulk data published Oct 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.