How much does Leovegas UK Limited make?

Leovegas UK Limited reported revenue of £19m and a loss of £12.4m in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Leovegas UK Limited have?

Leovegas UK Limited reported an average of 209 employees in the year to 31 Dec 2025.

Is Leovegas UK Limited profitable?

No — Leovegas UK Limited reported a loss of £12.4m in the year to 31 Dec 2025.

Company No. 11035852 · Incorporated 27 Oct 2017

Leovegas UK Limited

Registered name: LEOVEGAS UK LIMITED

Part of Mgm Resorts International group

Leovegas UK Limited made £19m revenue and a £12.4m loss in the year to 31 Dec 2025. read from filing text

Leovegas UK Limited’s revenue grew 49% to £19m in the year to 31 Dec 2025, with a loss of £12.4m and 209 employees. The company is classified under “advertising agencies” and is based in Newcastle Upon Tyne; we hold 4 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 73110Advertising agencies

Status: Active
Location: Newcastle Upon Tyne, North East
Age: 8 yrs · since 2017
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 company's immediate parent is LeoVegas International Limited, a company incorporated and registered in Malta, with company registration number C53595.”

Latest accounts · year to 31 Dec 2025

Key figures

Capital-light

Revenue

£19m

Growth ▲48.6%

Profit

−£12.4m

Growth ▼1270%

Profit margin

−65.7%

Gross 26.8%

Employees

209

Change ▲16.1%

Profit / employee

−£59.6k

Revenue/employee £90.7k

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	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	No P&L	No P&L	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	—	—	£12.8m	£19m
Cost of sales	—	—	£9.9m	£13.9m
Gross profit	—	—	£2.8m	£5.1m
Operating profit	—	—	£1.4m	−£16.8m
Profit before tax	—	—	£1.4m	−£16.6m
Profit after tax	—	—	£1.1m	−£12.4m
Profit (best available)	—	—	£1.1m	−£12.4m
Staff costs	—	—	£9.8m	—
Employees (average)	81	105	180	209
Ratios
Profit margin	—	—	8.3%	−65.7%
Gross margin	—	—	22.1%	26.8%
Revenue per employee	—	—	£70.9k	£90.7k
Profit per employee	—	—	£5.9k	−£59.6k
Growth (year on year)
Revenue growth	—	—	—	▲48.6%
Profit growth	—	—	—	▼1270%
Headcount growth	—	▲29.6%	▲71.4%	▲16.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£405k	£430k	£1.4m	£448k
Net assets	£1.9m	£2.3m	£3.4m	−£9.1m
Fixed assets	£277k	£358k	£415k	£707k
Current assets	£2.1m	£2.9m	£5m	£15.6m
Debtors	£1.6m	£2.5m	£3.6m	£15.2m
Deferred income	£151k	£642k	£1.4m	£1.2m
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Apr 2025	FullAccounts · bulk data May 2026

Derived from the latest filing

How the business works

Profit margin: −65.7%; Profit ÷ revenue.
Gross margin: 26.8%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £90.7k; Revenue ÷ average employees.
Profit per employee: −£59.6k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 6.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 80.1%; 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: ▼367%; Now −£9.1m
Cash at bank: ▼67%; Now £448k
Headcount: ▲16%; Now 209
Deferred income: ▼15%; Now £1.2m
Fixed assets: ▲70%; Now £707k

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

Mgm Resorts International (registered outside the UK register)ultimate parent75–100%
Leovegas UK 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 FullAccounts for the year to 31 Dec 2025 (profit −£12.4m), from the Companies House accounts bulk data published May 2026. 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.