SPREADEX.COM LIMITED
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Next accounts due
2027-02-28 (in 9mo)
Last filed for 2025-05-31
Confirmation statement due
2027-03-11 (in 10mo)
Last made up 2026-02-25
Watchouts
None on the register
Cash
£97M
+97.3% vs 2024
Net assets
£135M
+4.8% vs 2024
Employees
202
+4.7% vs 2024
Profit before tax
£43M
+2.3% vs 2024
Name history
Renamed 3 times since incorporation
- SPREADEX.COM LIMITED 2000-05-31 → present
- SPORTING SPREADS LIMITED 1998-10-12 → 2000-05-31
- SPORTING SPREADS HOLDINGS LIMITED 1998-06-05 → 1998-10-12
- FORAY 1101 LIMITED 1998-04-08 → 1998-06-05
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-05-31
| Metric | Trend | 2024-05-31 | 2025-05-31 |
|---|---|---|---|
| Turnover | £103,269,976 | £104,583,723 | |
| Operating profit | £39,771,264 | £40,090,652 | |
| Profit before tax | £42,236,396 | £43,218,930 | |
| Net profit | £32,447,141 | £31,652,860 | |
| Cash | £49,413,504 | £97,480,612 | |
| Total assets less current liabilities | £131,956,924 | £137,147,518 | |
| Net assets | £128,579,834 | £134,758,955 | |
| Equity | £128,579,834 | £134,758,955 | |
| Average employees | 193 | 202 | |
| Wages | £21,467,202 | £19,313,041 |
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 | 2024-05-31 | 2025-05-31 |
|---|---|---|---|
| Operating margin | 38.5% | 38.3% | |
| Net margin | 31.4% | 30.3% | |
| Return on capital employed | 30.1% | 29.2% | |
| Current ratio | 2.07x | 2.41x |
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 102
- Reporting scope
- Consolidated group
- Auditor
- Hillier Hopkins LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the Directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Group structure
- SPREADEX.COM LIMITED · parent
- Spreadex Limited 100%
- Sporting Index Limited 100%
- Spreadex Danmark APS 100%
Significant events
- “On the 28th December 2023, the Competition and Markets Authority (CMA) opened an investigation into whether the Group's completed acquisition of Sporting Index Limited had led to a substantial lessening of competition (SLC) in the relevant market. On 19th September 2025, the CMA found an SLC had occurred and concluded that Spreadex Limited would be required to divest Sporting Index Limited. Spreadex have recourse to appeal to the Competition Appeal Tribunal ('CAT') and are highly likely to do so. Both the outcome, and the timing of the conclusion of any appeal remain uncertain, whilst any divestiture process would not be expected to conclude for at least 18 months from the conclusion of the appeal.”
- “After the reporting date, the group discontinued its online casino operations as part of a strategic restructuring. This decision was approved by the board during the current financial year, and no adjustments have been made to these financial statements in respect of this decision.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HUFFORD, Jonathan Gordon | Secretary | 2008-10-29 | — | British |
| HALLAN, James Rodney | Director | 2023-10-01 | Aug 1983 | British |
| HARRIS, Paul Edward Woodstock | Director | 2017-07-20 | May 1969 | British |
| HARRIS, Thomas Woodstock | Director | 2000-02-09 | May 1963 | British |
| HUFFORD, Jonathan Gordon | Director | 2000-02-09 | Nov 1961 | British |
| MACKENZIE, David Ross | Director | 2023-10-01 | Jul 1979 | British |
| MORLEY, Allan Philip | Director | 2023-10-01 | Jan 1979 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CLARKE, Joanna Lindsey | Secretary | 1998-04-08 | 1998-10-01 |
| KING, Dermot Francis | Secretary | 1998-10-01 | 2000-02-09 |
| WHITELAM, David Roy | Secretary | 2000-02-09 | 2008-10-28 |
| ALLEN, Colin David Russell | Director | 2000-02-09 | 2021-06-04 |
| CLARKE, Joanna Lindsey | Director | 1998-04-08 | 1998-10-01 |
| FISHER, Jacqueline | Director | 1998-04-08 | 1998-10-01 |
| HARRIS, Peter Woodstock | Director | 1998-10-01 | 2000-01-28 |
| KING, Dermot Francis | Director | 1998-10-01 | 2000-02-09 |
| WHITELAM, David Roy | Director | 2000-02-09 | 2008-10-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Peter Woodstock Harris | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 124 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-02-23 | AA | accounts | Accounts with accounts type group | |
| 2025-02-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-11-18 | AA | accounts | Accounts with accounts type group | |
| 2024-02-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-10-09 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-09 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-09 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-23 | AA | accounts | Accounts with accounts type group | |
| 2023-07-06 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-02-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-09-22 | AA | accounts | Accounts with accounts type group | |
| 2022-03-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-11-08 | AA | accounts | Accounts with accounts type group | |
| 2021-06-17 | TM01 | officers | Termination director company with name termination date | |
| 2021-03-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-09-18 | CH01 | officers | Change person director company with change date | |
| 2020-07-22 | AA | accounts | Accounts with accounts type group | |
| 2020-02-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-07-17 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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
FY2024 → FY2025 · period ending 2025-05-31 vs 2024-05-31
-
Turnover
+1.3%
£103,269,976 £104,583,723
-
Cash
+97.3%
£49,413,504 £97,480,612
-
Net assets
+4.8%
£128,579,834 £134,758,955
-
Employees
+4.7%
193 202
-
Operating profit
+0.8%
£39,771,264 £40,090,652
-
Profit before tax
+2.3%
£42,236,396 £43,218,930
-
Wages
-10%
£21,467,202 £19,313,041
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