City Gaming Holdings Limited
11896374
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 12/09/2024
DIRECTOR
BRITISH · ENGLAND · Age 58
Also on 15 other boards
director · Since 01/06/2025
DIRECTOR
BRITISH · ENGLAND · Age 53
Also on 11 other boards
director · Since 30/06/2025
CFO
BRITISH · UNITED KINGDOM · Age 53
Also on 14 other boards
director · Since 30/06/2025
INVESTMENT PROFESSIONAL
AMERICAN · UNITED STATES · Age 34
Also on 11 other boards
Persons with Significant Control
Former PSCs
Gateley Incorporations Limited
Ceased 17/04/2019
Mr Ibrahim Sina Azeri
Ceased 26/04/2019
City Gaming Limited
Ceased 17/04/2019
Mr Philip Anthony Setter
Ceased 01/10/2021
Charges3 outstanding
SANNE GROUP (UK) LIMITED
NATIONAL WESTMINSTER BANK PLC
NHTV CHERRY HOLDINGS LLC
CompanyRankvs 22893+ SIC 74990 peers18
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty related to going concern We draw your attention to Note 2 in the financial statements, which indicates that the group incurred a net loss of £19,420,000 during the year ended 31 March 2025 and, as of that date,
Key FinancialsYear ending 31/03/2025
Turnover
£30.9M
Annual revenue
Net Worth
-£65.7M
Balance sheet strength
Cash
£1.7M
Cash in the bank
Profit Before Tax
-£20.5M
Bottom line earnings
Net Current Assets
£2.3M
Working capital
Current Assets
£6.7M
Current Liabilities
£4.4M
Fixed Assets
£30.3M
Debtors
£275k
Cost of Sales
£16.7M
Gross Profit
£14.2M
Admin Expenses
£20.5M
Operating Profit
-£5.7M
Profit After Tax
-£19.4M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.52 | -£19.4M |
| 2024 | 1.00 | -£29.9M |
| 2023 | 1.38 | -£13.4M |
| 2022 | 1.17 | — |
Derived from filed accounts. Not audited figures.