LIVESCORE GROUP LIMITED

11881256active
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Company Details

Incorporated

14 Mar 2019

Registered address

25 Golden Square, London, W1F 9LU

Active officers

4

SIC codes

62011

Officers

MEE, Michael John Robert

Secretary

HAYDEN, Noel Thomas John

Director

LEWIS, Amy Victoria

Director

MEE, Michael John Robert

Director

AI Risk Report

High Risk

Executive Summary

LIVESCORE GROUP LIMITED reported strong revenue growth of 38% year-on-year, reaching £179m for the year ended March 2024. Pre-tax losses narrowed significantly to £50m, reflecting improving operational leverage. Net assets stand at £25m with cash of £20m, supported by a £20m shareholder loan facility providing runway through September 2027.

⚠ Red Flags

  • Cumulative P&L deficit of £251m
  • Going concern dependency on shareholder support
  • Net assets declined 62% year-on-year
  • Cash burn of £19m in the period

✓ Positive Signals

  • Revenue growth of 38% YoY to £179m
  • Gross margin maintained at 77%
  • Operating loss narrowed by 18%
  • Shareholder facility secured to 2027

Recommended Credit Limit

£25,000 – £50,000

Based on net assets, cash position, and going concern status

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LIVESCORE GROUP LIMITED — Financial Risk Report | FilingTrace