Photospire Limited
Registered name: PHOTOSPIRE LIMITED
Part of Genius Sports Limited groupPhotospire Limited made £2.9m revenue and a £214k loss in the year to 31 Dec 2024.
Photospire Limited’s revenue fell 40% to £2.9m in the year to 31 Dec 2024, with a loss of £214k and 19 employees. The company is classified under “business and domestic software development” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 10 yrs · since 2016
- 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 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £2.8m | £2.4m | £4.7m | £2.9m |
| Cost of sales | £2.1m | £1.2m | −£3.6m | −£2.4m |
| Gross profit | £699k | £1.2m | £1.2m | £456k |
| Operating profit | −£7.7m | −£1.6m | £826k | £377k |
| Profit before tax | −£7.8m | −£1.6m | £777k | −£214k |
| Profit after tax | −£7.8m | −£1.6m | £777k | −£214k |
| Profit (best available) | −£7.8m | −£1.6m | £777k | −£214k |
| Employees (average) | 41 | 45 | 27 | 19 |
| Ratios | ||||
| Profit margin | −281% | −67.6% | 16.4% | −7.5% |
| Gross margin | 25.4% | 51.5% | 25.1% | 15.9% |
| Revenue per employee | £67.3k | £52.9k | £176k | £151k |
| Profit per employee | −£189k | −£35.7k | £28.8k | −£11.3k |
| Growth (year on year) | ||||
| Revenue growth | — | ▼13.7% | ▲99.6% | ▼39.8% |
| Profit growth | — | — | — | ▼127.5% |
| Headcount growth | — | ▲9.8% | ▼40% | ▼29.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £825k | £613k | — | — |
| Net assets | −£1m | −£2.6m | — | — |
| Fixed assets | £55.1k | £15.5k | — | — |
| Current assets | £2.4m | £4.1m | — | — |
| Debtors | £1m | £2m | — | — |
| Deferred income | £483k | £229k | — | — |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | Accounts · bulk data Feb 2025 | Accounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −7.5%
- Profit ÷ revenue.
- Gross margin
- 15.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £151k
- Revenue ÷ average employees.
- Profit per employee
- −£11.3k
- 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.
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
- ▼30%
- Now 19
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Genius Sports Limitedultimate parent75–100%
- Maven Midco Limited75–100%
- Maven Debtco Limited75–100%
- Maven Bidco Limited75–100%
- Genius Sports Group Limited75–100%
- Genius Sports Holdings Limited75–100%
- Genius Sports UK Limited75–100%
- Photospire Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Spirable LimitedFigures not disclosed
Sister companies (4)
- Bestbetting LimitedFigures not disclosed
- Boolabus LimitedFigures not disclosed
- Connextra LimitedFigures not disclosed
- Fan Hub Media UK LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit −£214k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Updated from Companies House on 17 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.