GAN (UK) LIMITED

• ◆

  5 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. GAN (UK) LIMITED 2020-07-06 → present
2. GAN (UK) PLC 2020-06-23 → 2020-07-06
3. GAN PLC 2016-07-07 → 2020-06-23
4. GAMEACCOUNT NETWORK PLC 2013-11-18 → 2016-07-07
5. GAMEACCOUNT NETWORK LIMITED 2013-11-07 → 2013-11-18
6. GAMEACCOUNT GLOBAL LIMITED 2002-10-18 → 2013-11-07
7. FRO-ZEN LIMITED 1999-11-25 → 2002-10-18

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

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The acquirer has confirmed its intention to financially support the Company as may be necessary to enable the Company to meet all its liabilities as they fall due through from within 12 months of issuance of the financial statements. The acquirer has no plans to dissolve the Company within the same period. Following the review of the forecast related to the 12 months period after the date of this filing and factoring in the support of the new ultimate parent company, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the period to at least 12 months from approval of this report, and therefore continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. GAN (UK) LIMITED · parent
   1. GAN Nevada Inc. 1% · US · employs the GAN Group's top executives, sales, management and finance employees, and is the contracting entity for all U.S. B2B operations
   2. GAN Social LLC 1% · US · provision of Simulated gaming to customers
   3. GAN Software Services BG Ltd. 1% · Bulgaria · provision of software development services in support of the Group
   4. Lockbox Games Ltd. 1% · England and Wales · dormant company, provision of casual mobile games anticipated in future periods
   5. GAN Digital Ltd. 1% · Israel · provision of marketing services
   6. GAN Services Ltd. 1% · England and Wales · dormant company
   7. GAN Chile SpA 1% · Chile · dormant company
   8. GAN Ontario, Inc. 1% · Canada · provision of person-to-person skill-based gaming software

Significant events

• “On 27 May 2025, GAN Limited (the ultimate parent company of GAN UK) and it's subsidiaries (collectively, 'the Group') were acquired by SEGA SAMMY CREATION INC., ("SEGA SAMMY CREATION"), a Japanese corporation.”
• “In December 2023, GAN UK allotted and issued two ordinary shares of £0.01 to its parent company, GAN Limited, for total consideration of £42,659k, such consideration to be settled by GAN Limited releasing GAN UK from all its obligations and liabilities under loans amounting to £42,659k made to GAN UK by GAN Limited in May 2020.”
• “Effective 1 January 2021, the Company assigned its legal rights to U.S. customer contracts to GAN Nevada, Inc. (GAN Nevada), its United States affiliate, and retained its European operations.”

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

Filings

13

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

5

last 12 months

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

• Turnover

  -14.5%

  £18,556,000 → £15,861,000

• Cash

  -41%

  £383,000 → £226,000

• Net assets

  -31.1%

  £6,682,000 → £4,601,000

• Employees

  -18.3%

  82 → 67

• Operating profit

  +81.5%

  -£19,024,000 → -£3,526,000

• Profit before tax

  +82.4%

  -£19,025,000 → -£3,348,000

• Wages

  -25.4%

  £6,732,000 → £5,023,000

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