City Gaming Limited
Registered name: CITY GAMING LIMITED
Part of City Gaming Holdings Limited groupCity Gaming Limited made £30.9m revenue and a £18.7m loss in the year to 31 Mar 2025.
City Gaming Limited’s revenue fell 6% to £30.9m in the year to 31 Mar 2025, with a loss of £18.7m and 367 employees. The company is classified under “activities of other holding companies” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 8 yrs · since 2018
- 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.
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 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £32.8m | £36.6m | £32.8m | £30.9m |
| Cost of sales | £17.1m | £18.5m | £16.4m | £16.7m |
| Gross profit | £15.6m | £18.1m | £16.3m | £14.2m |
| Operating profit | −£1.9m | −£7.6m | −£6.9m | −£5.7m |
| Profit before tax | −£14m | −£20.6m | −£19.3m | −£20.5m |
| Profit after tax | −£13.3m | −£18m | −£21.8m | −£18.7m |
| Profit (best available) | −£13.3m | −£18m | −£21.8m | −£18.7m |
| Staff costs | £10.3m | £11.6m | £10.9m | £11.4m |
| Employees (average) | 393 | 482 | 404 | 367 |
| Ratios | ||||
| Profit margin | −40.5% | −49.1% | −66.6% | −60.5% |
| Gross margin | 47.7% | 49.4% | 49.8% | 45.8% |
| Revenue per employee | £83.4k | £75.9k | £81.1k | £84.2k |
| Profit per employee | −£33.8k | −£37.3k | −£54k | −£50.9k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲11.6% | ▼10.4% | ▼5.7% |
| Headcount growth | — | ▲22.7% | ▼16.2% | ▼9.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £894k | £755k | £491k | £457k |
| Net assets | −£31.2m | −£49m | −£70.8m | −£89.5m |
| Fixed assets | £29.5m | £29m | £25.7m | £23.2m |
| Current assets | £43m | £45.8m | £41.6m | £41.1m |
| Debtors | £8k | £20k | £25k | £40.6m |
| Cash from operations | £12m | £4.9m | £945k | £586k |
| Source | Accounts · bulk data Jan 2024 | Accounts · bulk data Jan 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- −60.5%
- Profit ÷ revenue.
- Gross margin
- 45.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £84.2k
- Revenue ÷ average employees.
- Profit per employee
- −£50.9k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 75.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 131.3%
- 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 −£89.5m
- Cash at bank
- ▼7%
- Now £457k
- Headcount
- ▼9%
- Now 367
- Deferred income
- —
- Now —
- Fixed assets
- ▼10%
- Now £23.2m
Group structure
Ownership chain
- City Gaming Holdings Limitedultimate parent75–100%
- CGL Gaming PLC75–100%
- City Gaming Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- Family Leisure Holdings LimitedRev. £23m · Profit £817k
- City Gaming Leasing LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£18.7m), 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.