HESTVIEW LIMITED
Operating primarily under the Sky Bet brand, the company provides online sports betting and gambling services and is a subsidiary of Cyan Bidco Limited.
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Cash
£1.6k
-13.6% lowest in 3 filed years
Net assets
£70k
+31% vs 2024
Employees
1,412
-10.8% lowest in 3 filed years
Profit before tax
£97k
-38.2% lowest in 3 filed years
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £495,404,000 | £586,699 | £407,091 | -30.6% | |
| Operating profit | £49,870,000 | £156,709 | £105,600 | -32.6% | |
| Profit before tax | £48,944,000 | £156,140 | £96,514 | -38.2% | |
| Net profit | £37,112,000 | £116,306 | £69,990 | -39.8% | |
| Cash | £7,116,000 | £1,903 | £1,644 | -13.6% | |
| Total assets less current liabilities | £316,504,000 | £75,209 | £87,995 | +17% | |
| Net assets | £289,979,000 | £53,592 | £70,226 | +31% | |
| Equity | £289,979,000 | £53,592 | £70,226 | +31% | |
| Average employees | 1,588 | 1,583 | 1,412 | -10.8% | |
| Wages | £88,216,000 | £116,160 | £123,517 | +6.3% | |
| Directors' remuneration | £1,906,000 | £2,951 | £2,738 | -7.2% | |
| Directors' pension contributions | £115,000 | £130 | £139 | +6.9% | |
| Highest paid director | £952,000 | £1,796 | £612 | -65.9% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 10.1% | 26.7% | 25.9% | |
| Net margin | 7.5% | 19.8% | 17.2% | |
| Return on capital employed | 15.8% | 208.4% | 120.0% | |
| Gearing (liabilities / total assets) | 35.0% | 84.5% | 88.2% | |
| Current ratio | 1.13x | 0.27x | 0.76x | |
| Interest cover | 45.25x | 26.37x | 7.68x |
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
“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 have 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 £123.0m at 31 December 2025 (2024 net current liability : £198.8m), they have prepared the financial statements on a going concern basis.”
Significant events
- “On 1 November 2025, the Company entered into Business Transfer agreement with a fellow group company where the company transferred the Sky Bet sports-betting business together with the related assets and liabilities.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 29 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KING, Christina | Secretary | 2024-07-01 | — | — |
| BERNHOLT, Simon Laurence | Director | 2025-08-31 | Apr 1975 | British |
| PROCTOR, Ian David Fraser | Director | 2008-07-10 | Oct 1965 | British |
Show 29 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ALLSOP, Martin John | Secretary | 2015-12-10 | 2017-06-22 |
| GORMLEY, David Joseph | Secretary | 2000-09-29 | 2012-11-09 |
| MURPHY, Benjamin Craig | Secretary | 2017-06-22 | 2018-08-30 |
| PRICE, Simon John | Secretary | 1999-05-21 | 2000-04-28 |
| SEELEY, Jonathan | Secretary | 2021-08-05 | 2024-07-01 |
| TAYLOR, Christopher Jon | Secretary | 2012-11-09 | 2015-05-25 |
| THEOBALD, Cyril Edward | Secretary | — | 1999-05-21 |
| WOOD, Mark Andrew Kenneth | Secretary | 2000-05-01 | 2001-07-10 |
| YELLE, Scott Campbell | Secretary | 2018-08-30 | 2020-01-31 |
| ASHKENAZI, Rafael | Director | 2019-01-29 | 2020-05-28 |
| BIRCH, Stephen Michael | Director | 2020-11-02 | 2025-08-31 |
| BOLGER, Patrick Anthony | Director | 1989-08-29 | 1999-05-21 |
| BROWN, Ian Anthony | Director | 2022-11-17 | 2024-12-31 |
| CHHABRA, Robindar Raj | Director | 2019-09-05 | 2020-05-28 |
| CLARKE, Alan Victor | Director | 1989-07-12 | 2000-06-30 |
| EKDAHL, Johan Fredrik | Director | 2019-01-29 | 2019-08-29 |
| FLINT, Richard | Director | 2005-03-01 | 2019-01-29 |
| FORREST, Trystan Michael | Director | 2019-01-29 | 2020-05-28 |
| GRANT, Conor Whitfield | Director | 2020-05-28 | 2022-11-17 |
| LEON, Terence Patrick | Director | — | 1992-11-30 |
| NORRIS, Michael | Director | 2000-06-01 | 2002-10-12 |
| ODENDAAL, Robert | Director | 2001-07-24 | 2002-07-25 |
| PRICE, Simon John | Director | 1999-05-21 | 2000-04-28 |
| PUTNAM, Edward George | Director | 2003-11-03 | 2008-07-10 |
| RUST, Nicholas John | Director | 2002-07-25 | 2005-03-01 |
| TEMPLER, Guy Nigel Lethbridge | Director | 2019-01-29 | 2020-11-02 |
| THEOBALD, Cyril Edward | Director | 1989-08-29 | 1999-05-21 |
| WILSON, Herbert James Mervyn | Director | 1976-09-16 | 2000-08-02 |
| WOOD, Mark Andrew Kenneth | Director | 2000-05-01 | 2003-11-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Cyan Bidco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 448 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-06-26 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-10-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-10-13 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2026-10-13 | AA | accounts | Accounts with accounts type full | |
| 2025-10-24 | AA | accounts | Accounts with accounts type full | |
| 2025-10-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-31 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-25 | AA | accounts | Accounts with accounts type full | |
| 2024-10-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-19 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-07-19 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-06-26 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2024-06-26 | RESOLUTIONS | resolution | Resolution | |
| 2024-06-26 | SH20 | capital | Legacy | |
| 2024-06-26 | CAP-SS | insolvency | Legacy | |
| 2024-05-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-05-09 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-05-09 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- 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.