HESTVIEW LIMITED

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

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.

Accounting basis

FRS 101 Reduced Disclosure Framework

Reporting scope

Standalone (parent only)

Auditor

KPMG

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The ultimate parent company, Flutter Entertainment Plc., has formally indicated that group entities will not seek repayment of intercompany balances owed to those entities by the Company for at least the next twelve months from the approval of these financial statements. The Director has no reason to believe that the parent company will not be in a position to provide the support referred to above and therefore, despite a net current liability position of £198.8m at 31 December 2024 (2023 net current asset: £16.7m), they have prepared the financial statements on a going concern basis.”

Significant events

• “On 4 June 2025, the Group issued senior secured notes through its wholly owned subsidiary, Flutter Treasury DAC (the "Issuer") as follows: $1,000 million USD-denominated 5.875% senior secured notes, €550 million EUR-denominated 4.000% senior secured notes, and £450 million GBP-denominated 6.125% senior secured notes.”
• “Concurrently, on 4 June 2025, the Group entered into a Third Incremental Assumption Agreement, amending its existing Credit Agreement dated November 24, 2023. This amendment provided for an additional $750 million of Term Loan B borrowings (the "Third Incremental Term B Loans").”
• “On 7 August, 2025 the Issuer issued $625 million aggregate principal amount of 5.875% senior secured notes due 2031 issued at par, €300 million aggregate principal amount of 4.000% senior secured notes due 2031 issued at par, and £250 million aggregate principal amount of 6.125% senior secured notes due 2031 issued at 100.125%.”
• “Concurrently, on 7 August 2025 the Group entered into Fourth Incremental Assumption Agreement... for an additional $500 million of Term Loan B borrowings.”
• “During 2025, as part of a strategic initiative, it was announced that the Company's sportsbetting operations under the Skybet brand would transfer to a newly established fellow Group company, SBG Sports (Malta) Limited. Following this transfer, the Company will provide support services and licence intellectual property to fellow Group companies. Management expects the Company's trading activities will decrease from 2026 onwards.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

2

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +18.4%

  £495,404,000 → £586,699,000

• Cash

  -73.3%

  £7,116,000 → £1,903,000

• Net assets

  -81.5%

  £289,979,000 → £53,592,000

• Employees

  -0.3%

  1,588 → 1,583

• Operating profit

  +214.2%

  £49,870,000 → £156,709,000

• Profit before tax

  +219%

  £48,944,000 → £156,140,000

• Wages

  +31.7%

  £88,216,000 → £116,160,000

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