How much does Qatar Racing Limited make?

Qatar Racing Limited reported revenue of £12.7m and a loss of £6.2m in the year to 31 Dec 2025, according to its accounts filed at Companies House.

Is Qatar Racing Limited profitable?

No — Qatar Racing Limited reported a loss of £6.2m in the year to 31 Dec 2025.

Company No. 08004485 · Incorporated 23 Mar 2012

Qatar Racing Limited

Registered name: QATAR RACING LIMITED

Part of Qipco Holdings group

Qatar Racing Limited made £12.7m revenue and a £6.2m loss in the year to 31 Dec 2025.

Qatar Racing Limited’s revenue grew 13% to £12.7m in the year to 31 Dec 2025, with a loss of £6.2m. The company is classified under “activities of racehorse owners” and is based in Newmarket; we hold 3 years of its filed accounts.

Full P&L filedSection R · Arts, entertainment and recreationSIC 93191Activities of racehorse owners

Status: Active
Location: Newmarket, East of England
Age: 14 yrs · since 2012
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 2025

Key figures

Revenue

£12.7m

Growth ▲13.4%

Profit

−£6.2m

Growth —

Profit margin

−48.6%

Gross −34.2%

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 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£15.1m	£11.2m	£12.7m
Cost of sales	−£21.8m	−£17.3m	−£17.1m
Gross profit	−£6.7m	−£6.1m	−£4.3m
Operating profit	−£7m	−£7.3m	−£6.2m
Profit before tax	−£7m	−£7.3m	−£6.2m
Profit after tax	−£7m	−£7.3m	−£6.2m
Profit (best available)	−£7m	−£7.3m	−£6.2m
Employees (average)	—	—	—
Ratios
Profit margin	−46.3%	−65.4%	−48.6%
Gross margin	−44.1%	−54.8%	−34.2%
Growth (year on year)
Revenue growth	—	▼25.9%	▲13.4%
Balance sheet — indirect signals, not revenue
Net assets	—	—	—
Source	Accounts · bulk data Jul 2025	Accounts · bulk data Jul 2025	Accounts · bulk data Jun 2026

Derived from the latest filing

How the business works

Profit margin: −48.6%; Profit ÷ revenue.
Gross margin: −34.2%; 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: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: —; Now —
Cash at bank: —; Now —
Headcount: —; Now —
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Qipco Holdings (registered outside the UK register)ultimate parent75–100%
Qatar Racing Limitedthis 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

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2025 (profit −£6.2m), from the Companies House accounts bulk data published Jun 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.