LADBROKES BETTING & GAMING LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-31 (this month)
Last made up 2025-05-17
Watchouts
Cash
£23M
-18.7% vs 2023
Net assets
£1B
+11.5% vs 2023
Employees
13,574
-1.1% vs 2023
Profit before tax
£147M
+43% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Name history
Renamed 2 times since incorporation
- LADBROKES BETTING & GAMING LIMITED 2006-02-23 → present
- LADBROKES LIMITED 1999-07-30 → 2006-02-23
- LADBROKE RACING LIMITED 1963-10-01 → 1999-07-30
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £1,027,100,000 | £1,013,100,000 | |
| Operating profit | £152,200,000 | £181,300,000 | |
| Profit before tax | £102,700,000 | £146,900,000 | |
| Net profit | £86,900,000 | £138,500,000 | |
| Cash | £27,800,000 | £22,600,000 | |
| Total assets less current liabilities | £1,339,600,000 | £1,489,600,000 | |
| Net assets | £1,189,800,000 | £1,326,100,000 | |
| Equity | £1,189,800,000 | £1,326,100,000 | |
| Average employees | 13,730 | 13,574 | |
| Wages | £280,800,000 | £293,500,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 14.8% | 17.9% | |
| Net margin | 8.5% | 13.7% | |
| Return on capital employed | 11.4% | 12.2% | |
| Current ratio | 0.16x | 0.24x | |
| Interest cover | 2.91x | 2.91x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Notwithstanding net current liabilities of £703.7m, the financial statements have been prepared on the going concern basis which the director believes to be appropriate for the following reasons. The principal activity of the Company is to act as an operator of betting shops within the Entain Group. The Company's cashflows are therefore dependent on the continuation of gaming revenue, interest income from group undertakings and funding provided through the Entain Group's centralised treasury arrangements. The directors do not foresee any change in this activity. The directors have performed a going concern assessment which indicates that the company will require additional funds, through funding from its ultimate company, Entain Plc to meet its liabilities as they fall due during the going concern assessment period. Entain plc has indicated its intention to continue to make available such funds as are needed by the company, and that it does not intend to seek repayment of the amounts currently due to the group, which at 31 December 2024 amounted to £700.4m, during the going concern assessment period. As with any company placing reliance on other group entities for financial support, the directors acknowledge that there can be no certainty that this support will continue although, at the date of approval of these financial statements, they have no reason to believe that it will not do so. Consequently, the directors are confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”
Group structure
- LADBROKES BETTING & GAMING LIMITED · parent
- Ganton House Investments Limited 100%
- Margolis & Ridley Limited 100%
- Bartletts Limited 100%
- E.F.Politt & Son Limited 100%
- Krullind Limited 100%
- CE Acquisition 1 Limited 100%
- Ladbrokes (Northern Ireland) Holdings Limited 100%
- Ladbroke (Channel Islands) Limited 100%
- LC International Limited 100%
- Ladbroke (Ireland) Limited 100%
- North West Bookmakers Limited 100%
- Ladbrokes (Northern Ireland) Limited 100%
- Balltree (International) Limited 100%
- Bingo Marketing Limited 100%
- Gala Coral Interactive (Gibraltar) Limited 100%
- Gala Interactive (Gibraltar) Limited 100%
- Coral Interactive (Gibraltar) Limited 100%
- NCH Customer Support Services Inc. 100%
- Coral (Holdings) Limited 100%
- Coral Eurobet Limited 100%
- Coral Eurobet Holdings Limited 100%
- Coral Group Limited 100%
- Coral Limited 100%
- Coral Group Trading Limited 100%
- Brickagent Limited 100%
- Coral Racing Limited 100%
- Coral Estates Limited 100%
- Coral Stadia Limited 100%
- Romford Stadium Limited 100%
- Reuben Page Limited 100%
- Coral (Stoke) Limited 100%
- C L Jennings (1995) Limited 100%
- Lightworld Limited 100%
- Greatmark Limited 100%
- Vegas Betting Limited 100%
- Chas Kendall (Turf Accountants) Limited 100%
- Bloxhams Bookmakers Limited 100%
- J G Leisure Limited 100%
- Choicebet Limited 100%
- Sports (Bookmakers) Limited 100%
- Arthur Prince (Turf Accountants) Limited 100%
- Reg. Boyle Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 62 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LADBROKES CORAL CORPORATE SECRETARIES LIMITED | Corporate Secretary | 2019-11-21 | — | — |
| BORROWDALE, John Arthur James | Director | 2026-03-13 | Feb 1984 | British |
| DAVISON, Andrew | Director | 2022-10-31 | Apr 1980 | British |
| PATEL, Bejay | Director | 2026-03-13 | Feb 1986 | British |
Show 62 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ADELMAN, Jonathan Mark | Secretary | 2012-06-01 | 2014-04-18 |
| ARSENIĆ, Sonja | Secretary | 2019-06-27 | 2019-11-21 |
| BUSHNELL, Adrian John | Secretary | 2014-04-18 | 2016-07-15 |
| CAMMIDGE, Cassandra Alice | Secretary | 2018-04-16 | 2018-06-28 |
| HOSKIN, Sian Amanda | Secretary | 2018-07-18 | 2019-06-27 |
| MASON, Geoffrey Keith Howard | Secretary | 2016-07-15 | 2018-04-16 |
| NOBLE, Michael Jeremy | Secretary | — | 2012-05-31 |
| PEREZ, Fiona Lorraine | Secretary | 2018-07-18 | 2019-11-21 |
| AMES, Richard Jonathan | Director | 2008-03-03 | 2012-08-01 |
| ANDREWES, Edwrad Henry Duff | Director | 2008-03-03 | 2010-11-05 |
| BATY, John Clifford | Director | 2009-03-12 | 2013-04-26 |
| BELL, Christopher | Director | — | 2000-03-20 |
| BLACKMORE, Michael Graham | Director | 2000-03-24 | 2000-10-13 |
| BORKOWSKI, Christopher Peter | Director | — | 1993-06-30 |
| BOWEN, David Michael | Director | 2000-09-21 | 2011-04-08 |
| BOWER, Adrian John | Director | 2021-12-31 | 2024-12-12 |
| BOWTELL, John Paul Maurice | Director | 2016-12-14 | 2019-03-08 |
| BOYDELL, Joanna | Director | 2008-03-03 | 2009-03-12 |
| BUNN, James Richard | Director | 2013-04-26 | 2015-04-03 |
| CARTER, Richard | Director | — | 2001-09-30 |
| CHAMBERS, Mark Russell | Director | 2017-01-04 | 2019-12-31 |
| CLOKE, Daniel | Director | 2017-03-09 | 2017-05-12 |
| COSHOTT, Michael David | Director | 2015-03-17 | 2016-12-14 |
| D ANCONA, Michael Peter | Director | 2008-03-03 | 2011-05-31 |
| DAVER, Berjis Jal | Director | — | 1997-06-30 |
| DAVISON, Andrew | Director | 2022-01-14 | 2022-10-31 |
| DIMMOCK, Bernard Leonard | Director | 2022-01-14 | 2022-07-22 |
| DRABWELL, Lee Stanley | Director | 2012-11-27 | 2017-04-20 |
| EVANS, Christopher David | Director | 2003-02-17 | 2015-02-28 |
| GATES, Terence | Director | — | 1995-08-31 |
| GEORGE, Peter Michael | Director | — | 1996-05-01 |
| GRIMES, Mark Anthony | Director | 2015-03-17 | 2016-12-19 |
| HARLEY, Andrew Kennedy | Director | 2011-12-20 | 2015-06-30 |
| HARLEY, Susan Boyle | Director | 2013-04-26 | 2014-04-06 |
| HARLEY, Susan Boyle | Director | 2013-04-26 | 2014-04-06 |
| HARRISON, Dominic Stephen | Director | 2002-05-23 | 2004-05-14 |
| HICKS, Andrew Mark | Director | 2019-12-31 | 2026-03-13 |
| KERR, John David | Director | 2016-12-14 | 2021-12-31 |
| LINDSEY, Christopher Ian | Director | 2001-04-01 | 2012-01-20 |
| MATTHEWS, Dominic | Director | 2004-04-06 | 2016-12-30 |
| MATTHEWS, Sara Claudia | Director | 2013-04-26 | 2017-04-28 |
| MCILRAITH, Gary William | Director | 2010-11-05 | 2011-06-30 |
| MILES, Colin Gordon | Director | — | 2004-06-30 |
| O'KANE, Michael Patrick | Director | 2000-09-21 | 2017-04-28 |
| O'REILLY, John Patrick | Director | 2008-03-03 | 2010-11-05 |
| O'REILLY, John Patrick | Director | 1995-07-07 | 1999-08-25 |
| PITT-BROOKE, Richard Paul | Director | 2022-01-14 | 2022-10-31 |
| PRIDAY, Stuart Richard | Director | 2008-03-03 | 2013-04-26 |
| ROBSON, Christopher Mark | Director | 2011-10-24 | 2016-12-15 |
| ROSS, Alan Spencer | Director | 1996-09-02 | 2009-07-17 |
| RUST, Nicholas John | Director | 2011-04-08 | 2014-12-31 |
| SANDBACH, Ross Martin | Director | 2015-03-17 | 2016-12-14 |
| SAYERS, Malcolm | Director | 2003-02-07 | 2005-12-31 |
| SMITH, Michael Edward | Director | 1996-05-01 | 1999-03-31 |
| TAYLOR, Timothy Robert | Director | 2022-01-14 | 2026-03-13 |
| THORNE, Rosemary Prudence | Director | 2006-01-16 | 2007-03-12 |
| USHER, Paul | Director | 1986-06-19 | 2000-09-19 |
| WALDER, Andrew James | Director | 2000-03-14 | 2000-08-31 |
| WALKER, Colin Edward | Director | — | 1994-03-31 |
| WILSON, Andrew James | Director | 2016-06-13 | 2016-12-30 |
| WILSON BARKER, Rosalie Mavis | Director | 1995-09-18 | 2000-03-20 |
| WOOD, Robert Matthew | Director | 2017-01-03 | 2026-03-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Birchgree Limited | Corporate entity | Shares 75–100%, Voting 75–100%, right-to-appoint-and-remove-directors-as-trust | 2018-05-25 | Active |
| Ladbroke & Co., Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2018-05-25 |
Filing timeline
Last 20 of 314 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-19 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-19 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-19 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-18 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-18 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-06-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-05-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-07 | AA | accounts | Accounts with accounts type full | |
| 2024-12-16 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-05-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-23 | CH01 | officers | Change person director company with change date | |
| 2024-01-16 | CH04 | officers | Change corporate secretary company with change date | |
| 2024-01-16 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-09-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-08-23 | AA | accounts | Accounts with accounts type full | |
| 2023-07-03 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-06-30 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 3
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-1.4%
£1,027,100,000 £1,013,100,000
-
Cash
-18.7%
£27,800,000 £22,600,000
-
Net assets
+11.5%
£1,189,800,000 £1,326,100,000
-
Employees
-1.1%
13,730 13,574
-
Operating profit
+19.1%
£152,200,000 £181,300,000
-
Profit before tax
+43%
£102,700,000 £146,900,000
-
Wages
+4.5%
£280,800,000 £293,500,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers