
Company Number
02636842
Next Accounts
Feb 2026
Shareholders
spreadex limited
Group Structure
View All
Industry
Gambling and betting activities
Registered Address
churchill house, upper marlborough road, st. albans, AL1 3UU
Website
www.sportingindex.comPomanda estimates the enterprise value of SPORTING INDEX LIMITED at £28.4m based on a Turnover of £18.5m and 1.53x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of SPORTING INDEX LIMITED at £0 based on an EBITDA of £-15.9m and a 5.57x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of SPORTING INDEX LIMITED at £33.2m based on Net Assets of £10.4m and 3.19x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Sporting Index Limited is a live company located in st. albans, AL1 3UU with a Companies House number of 02636842. It operates in the gambling and betting activities sector, SIC Code 92000. Founded in August 1991, it's largest shareholder is spreadex limited with a 100% stake. Sporting Index Limited is a mature, mid sized company, Pomanda has estimated its turnover at £18.5m with healthy growth in recent years.
Pomanda's financial health check has awarded Sporting Index Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £18.5m, make it larger than the average company (£12.1m)
£18.5m - Sporting Index Limited
£12.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a slower rate (16.3%)
9% - Sporting Index Limited
16.3% - Industry AVG
Production
with a gross margin of 80.4%, this company has a comparable cost of product (71.9%)
80.4% - Sporting Index Limited
71.9% - Industry AVG
Profitability
an operating margin of -93.1% make it less profitable than the average company (9.2%)
-93.1% - Sporting Index Limited
9.2% - Industry AVG
Employees
with 135 employees, this is above the industry average (98)
135 - Sporting Index Limited
98 - Industry AVG
Pay Structure
on an average salary of £25.7k, the company has an equivalent pay structure (£29.6k)
£25.7k - Sporting Index Limited
£29.6k - Industry AVG
Efficiency
resulting in sales per employee of £137.4k, this is equally as efficient (£121.8k)
£137.4k - Sporting Index Limited
£121.8k - Industry AVG
Debtor Days
it gets paid by customers after 20 days, this is later than average (2 days)
20 days - Sporting Index Limited
2 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is slower than average (22 days)
26 days - Sporting Index Limited
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Sporting Index Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 117 weeks, this is more cash available to meet short term requirements (32 weeks)
117 weeks - Sporting Index Limited
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 24.7%, this is a lower level of debt than the average (51.4%)
24.7% - Sporting Index Limited
51.4% - Industry AVG
Sporting Index Limited's latest turnover from May 2024 is £18.5 million and the company has net assets of £10.4 million. According to their latest financial statements, Sporting Index Limited has 135 employees and maintains cash reserves of £7.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
May 2024 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 18,544,131 | 9,781,000 | 14,323,000 | 15,576,000 | 17,951,000 | 22,173,000 | 13,438,000 | 22,453,000 | 17,640,000 | 21,636,000 | 18,937,000 | 27,978,000 | 23,977,000 | 27,518,000 | 21,762,000 |
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 3,639,725 | 1,702,000 | 2,118,000 | 2,451,000 | 2,648,000 | 3,437,000 | 2,084,000 | 3,875,000 | 2,167,000 | 2,405,000 | 2,532,000 | 3,923,000 | 2,596,000 | 4,267,000 | 2,588,000 |
Gross Profit | 14,904,406 | 8,079,000 | 12,205,000 | 13,125,000 | 15,303,000 | 18,736,000 | 11,354,000 | 18,578,000 | 15,473,000 | 19,231,000 | 16,405,000 | 24,055,000 | 21,381,000 | 23,251,000 | 19,174,000 |
Admin Expenses | 32,164,664 | 16,175,000 | 14,608,000 | 14,833,000 | 17,101,000 | 13,278,000 | 7,310,000 | 12,675,000 | 17,166,000 | 17,248,000 | 16,631,000 | 15,368,000 | 17,994,000 | 14,702,000 | 11,102,000 |
Operating Profit | -17,260,258 | -8,096,000 | -2,403,000 | -1,708,000 | -1,798,000 | 5,458,000 | 4,044,000 | 5,903,000 | -1,693,000 | 1,983,000 | -226,000 | 8,687,000 | 3,387,000 | 8,549,000 | 8,072,000 |
Interest Payable | 229,076 | 139,000 | 102,000 | 94,000 | 119,000 | 146,000 | 68,000 | 99,000 | 98,000 | 75,000 | 74,000 | 82,000 | 85,000 | 80,000 | 78,000 |
Interest Receivable | 242,299 | 1,000 | 6,000 | 7,000 | 13,000 | 17,000 | 16,000 | 37,000 | 33,000 | ||||||
Pre-Tax Profit | -17,247,035 | -8,235,000 | -2,505,000 | -1,802,000 | -1,917,000 | 5,312,000 | 3,976,000 | 5,805,000 | -1,785,000 | 1,915,000 | -287,000 | 8,622,000 | 3,318,000 | 8,506,000 | 8,027,000 |
Tax | 4,015,138 | -54,000 | 34,000 | 9,000 | -288,000 | -288,000 | 138,000 | -148,000 | 142,000 | 495,000 | 234,000 | -211,000 | 32,000 | -70,000 | 662,000 |
Profit After Tax | -13,231,897 | -8,289,000 | -2,471,000 | -1,793,000 | -2,205,000 | 5,024,000 | 4,114,000 | 5,657,000 | -1,643,000 | 2,410,000 | -53,000 | 8,411,000 | 3,350,000 | 8,436,000 | 8,689,000 |
Dividends Paid | 8,414,000 | 11,250,000 | 2,000,000 | 2,600,000 | 4,780,000 | ||||||||||
Retained Profit | -13,231,897 | -8,289,000 | -2,471,000 | -10,207,000 | -2,205,000 | 5,024,000 | 4,114,000 | 5,657,000 | -1,643,000 | 2,410,000 | -11,303,000 | 6,411,000 | 3,350,000 | 5,836,000 | 3,909,000 |
Employee Costs | 3,471,799 | 16,005,000 | 14,580,000 | 12,618,000 | 12,814,000 | 13,925,000 | 7,925,000 | 13,354,000 | 12,053,000 | 12,997,000 | 12,393,000 | 11,549,000 | 10,205,000 | 8,602,000 | 6,626,000 |
Number Of Employees | 135 | 266 | 268 | 238 | 233 | 257 | 264 | 242 | 223 | 222 | 216 | 197 | 178 | 156 | 126 |
EBITDA* | -15,907,540 | -5,692,000 | -274,000 | 249,000 | -401,000 | 6,807,000 | 4,899,000 | 7,383,000 | 29,000 | 3,653,000 | 1,610,000 | 10,472,000 | 5,549,000 | 10,154,000 | 9,234,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 373,000 | 506,000 | 688,000 | 1,209,000 | 1,361,000 | 1,909,000 | 1,090,000 | 963,000 | 822,000 | 2,537,000 | 3,365,000 | 3,721,000 | 3,476,000 | 2,010,000 | |
Intangible Assets | 1,231,000 | 3,360,000 | 2,533,000 | 1,612,000 | 1,089,000 | 1,204,000 | 1,330,000 | 1,727,000 | 1,600,000 | ||||||
Investments & Other | |||||||||||||||
Debtors (Due After 1 year) | 4,595,714 | 580,000 | 667,000 | 656,000 | 647,000 | 935,000 | 1,223,000 | 1,085,000 | 1,233,000 | 1,092,000 | |||||
Total Fixed Assets | 4,595,714 | 2,184,000 | 4,533,000 | 3,877,000 | 3,468,000 | 3,385,000 | 4,336,000 | 3,505,000 | 3,923,000 | 3,514,000 | 2,537,000 | 3,365,000 | 3,721,000 | 3,476,000 | 2,010,000 |
Stock & work in progress | |||||||||||||||
Trade Debtors | 1,043,075 | 1,301,000 | 1,523,000 | 2,164,000 | 3,297,000 | 3,414,000 | 4,084,000 | 3,622,000 | 3,212,000 | 3,619,000 | 3,438,000 | 4,670,000 | 3,828,000 | 3,919,000 | 3,510,000 |
Group Debtors | 17,769,000 | 22,761,000 | 24,497,000 | 37,136,000 | 38,925,000 | 32,879,000 | 29,342,000 | 21,382,000 | 22,215,000 | 22,738,000 | 35,491,000 | 28,815,000 | 25,509,000 | 19,576,000 | |
Misc Debtors | 466,118 | 1,171,000 | 946,000 | 1,131,000 | 1,421,000 | 1,233,000 | 947,000 | 1,081,000 | 1,047,000 | 1,084,000 | 1,595,000 | 1,764,000 | 1,867,000 | 1,970,000 | 1,810,000 |
Cash | 7,753,773 | 7,591,000 | 8,526,000 | 8,873,000 | 5,766,000 | 5,602,000 | 5,500,000 | 6,548,000 | 8,883,000 | 11,348,000 | 6,561,000 | 5,666,000 | 5,871,000 | 7,261,000 | 7,798,000 |
misc current assets | |||||||||||||||
total current assets | 9,262,966 | 27,832,000 | 33,756,000 | 36,665,000 | 47,620,000 | 49,174,000 | 43,410,000 | 40,593,000 | 34,524,000 | 38,266,000 | 34,332,000 | 47,591,000 | 40,381,000 | 38,659,000 | 32,694,000 |
total assets | 13,858,680 | 30,016,000 | 38,289,000 | 40,542,000 | 51,088,000 | 52,559,000 | 47,746,000 | 44,098,000 | 38,447,000 | 41,780,000 | 36,869,000 | 50,956,000 | 44,102,000 | 42,135,000 | 34,704,000 |
Bank overdraft | |||||||||||||||
Bank loan | |||||||||||||||
Trade Creditors | 261,098 | 4,381,000 | 4,128,000 | 3,500,000 | 3,650,000 | 3,238,000 | 3,195,000 | 3,608,000 | 3,665,000 | 4,144,000 | 3,347,000 | 3,338,000 | 3,822,000 | 4,343,000 | 4,024,000 |
Group/Directors Accounts | 1,691,995 | ||||||||||||||
other short term finances | |||||||||||||||
hp & lease commitments | 62,000 | 80,000 | 131,000 | 203,000 | 203,000 | 296,000 | |||||||||
other current liabilities | 1,473,026 | 1,969,000 | 1,660,000 | 1,988,000 | 2,540,000 | 2,035,000 | 2,139,000 | 2,494,000 | 2,739,000 | 3,950,000 | 2,199,000 | 4,992,000 | 4,065,000 | 4,927,000 | 3,651,000 |
total current liabilities | 3,426,119 | 6,350,000 | 5,850,000 | 5,568,000 | 6,321,000 | 5,476,000 | 5,537,000 | 6,398,000 | 6,404,000 | 8,094,000 | 5,546,000 | 8,330,000 | 7,887,000 | 9,270,000 | 7,675,000 |
loans | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | ||||||
hp & lease commitments | 64,000 | 134,000 | 245,000 | 395,000 | |||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | ||||||||||
provisions | 484,000 | 484,000 | |||||||||||||
total long term liabilities | 5,000,000 | 5,484,000 | 5,548,000 | 5,134,000 | 5,245,000 | 5,395,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | |
total liabilities | 3,426,119 | 11,350,000 | 11,334,000 | 11,116,000 | 11,455,000 | 10,721,000 | 10,932,000 | 11,398,000 | 11,404,000 | 13,094,000 | 10,546,000 | 13,330,000 | 12,887,000 | 14,270,000 | 12,675,000 |
net assets | 10,432,561 | 18,666,000 | 26,955,000 | 29,426,000 | 39,633,000 | 41,838,000 | 36,814,000 | 32,700,000 | 27,043,000 | 28,686,000 | 26,323,000 | 37,626,000 | 31,215,000 | 27,865,000 | 22,029,000 |
total shareholders funds | 10,432,561 | 18,666,000 | 26,955,000 | 29,426,000 | 39,633,000 | 41,838,000 | 36,814,000 | 32,700,000 | 27,043,000 | 28,686,000 | 26,323,000 | 37,626,000 | 31,215,000 | 27,865,000 | 22,029,000 |
May 2024 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | -17,260,258 | -8,096,000 | -2,403,000 | -1,708,000 | -1,798,000 | 5,458,000 | 4,044,000 | 5,903,000 | -1,693,000 | 1,983,000 | -226,000 | 8,687,000 | 3,387,000 | 8,549,000 | 8,072,000 |
Depreciation | 204,250 | 376,000 | 371,000 | 792,000 | 589,000 | 486,000 | 313,000 | 362,000 | 594,000 | 586,000 | 1,836,000 | 1,785,000 | 2,162,000 | 1,605,000 | 1,162,000 |
Amortisation | 1,148,468 | 2,028,000 | 1,758,000 | 1,165,000 | 808,000 | 863,000 | 542,000 | 1,118,000 | 1,128,000 | 1,084,000 | |||||
Tax | 4,015,138 | -54,000 | 34,000 | 9,000 | -288,000 | -288,000 | 138,000 | -148,000 | 142,000 | 495,000 | 234,000 | -211,000 | 32,000 | -70,000 | 662,000 |
Stock | |||||||||||||||
Debtors | 6,104,907 | -5,076,000 | -2,551,000 | -14,053,000 | -2,006,000 | 5,374,000 | 12,259,000 | 8,256,000 | -1,136,000 | 239,000 | -14,154,000 | 7,415,000 | 3,112,000 | 6,502,000 | 24,896,000 |
Creditors | 261,098 | 253,000 | 628,000 | -150,000 | 412,000 | 43,000 | -470,000 | -57,000 | -479,000 | 797,000 | 9,000 | -484,000 | -521,000 | 319,000 | 4,024,000 |
Accruals and Deferred Income | 1,473,026 | 309,000 | -328,000 | -552,000 | 505,000 | -104,000 | -600,000 | -245,000 | -1,211,000 | 1,751,000 | -2,793,000 | 927,000 | -862,000 | 1,276,000 | 3,651,000 |
Deferred Taxes & Provisions | -484,000 | 484,000 | |||||||||||||
Cash flow from operations | -16,263,185 | -592,000 | 2,611,000 | 14,093,000 | 2,234,000 | 1,084,000 | -8,292,000 | -1,323,000 | -383,000 | 6,457,000 | 13,214,000 | 3,289,000 | 1,086,000 | 5,177,000 | -7,325,000 |
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | |||||||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | 1,691,995 | ||||||||||||||
Other Short Term Loans | |||||||||||||||
Long term loans | 5,000,000 | -5,000,000 | 5,000,000 | ||||||||||||
Hire Purchase and Lease Commitments | -62,000 | -82,000 | -121,000 | -183,000 | -150,000 | 598,000 | 296,000 | ||||||||
other long term liabilities | -5,000,000 | 5,000,000 | |||||||||||||
share issue | |||||||||||||||
interest | 13,223 | -139,000 | -102,000 | -94,000 | -119,000 | -146,000 | -68,000 | -98,000 | -92,000 | -68,000 | -61,000 | -65,000 | -69,000 | -43,000 | -45,000 |
cash flow from financing | 25,369,676 | -201,000 | -184,000 | -215,000 | -302,000 | -296,000 | 6,187,000 | 198,000 | -92,000 | -115,000 | -61,000 | -65,000 | -69,000 | -43,000 | 23,075,000 |
cash and cash equivalents | |||||||||||||||
cash | 7,753,773 | -935,000 | -347,000 | 3,107,000 | 164,000 | 102,000 | -3,383,000 | -2,335,000 | -2,465,000 | 4,787,000 | 895,000 | -205,000 | -1,390,000 | -537,000 | 7,798,000 |
overdraft | |||||||||||||||
change in cash | 7,753,773 | -935,000 | -347,000 | 3,107,000 | 164,000 | 102,000 | -3,383,000 | -2,335,000 | -2,465,000 | 4,787,000 | 895,000 | -205,000 | -1,390,000 | -537,000 | 7,798,000 |
Perform a competitor analysis for sporting index limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other mid companies, companies in AL1 area or any other competitors across 12 key performance metrics.
SPORTING INDEX LIMITED group structure
Sporting Index Limited has no subsidiary companies.
Ultimate parent company
2 parents
SPORTING INDEX LIMITED
02636842
Sporting Index Limited currently has 4 directors. The longest serving directors include Mr Simon Trim (Sep 2006) and Mr David MacKenzie (Nov 2023).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Simon Trim | 55 years | Sep 2006 | - | Director | |
Mr David MacKenzie | England | 45 years | Nov 2023 | - | Director |
Mr Allan Morley | England | 46 years | Nov 2023 | - | Director |
Mr James Hallan | England | 41 years | Nov 2023 | - | Director |
P&L
May 2024turnover
18.5m
0%
operating profit
-17.3m
0%
gross margin
80.4%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
10.4m
0%
total assets
13.9m
0%
cash
7.8m
0%
net assets
Total assets minus all liabilities
company number
02636842
Type
Private limited with Share Capital
industry
92000 - Gambling and betting activities
incorporation date
August 1991
age
34
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
May 2024
previous names
degreepower limited (November 1991)
accountant
-
auditor
HILLIER HOPKINS LLP
address
churchill house, upper marlborough road, st. albans, AL1 3UU
Bank
-
Legal Advisor
-
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 6 charges/mortgages relating to sporting index limited. Currently there are 0 open charges and 6 have been satisfied in the past.
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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