BITSTAMP LIMITED
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Cash
£25m
EUR 28,272,928
+1,328.8% highest in 3 filed years
Net assets
£131m
EUR 150,008,585
+101.4% highest in 3 filed years
Employees
2
0% vs 2024
Profit before tax
-£8.5m
EUR -9,706,622
-47.4% vs 2024
Watch the reel
Our short-form breakdown of BITSTAMP LIMITED's latest filing
Bitstamp's UK arm sees turnover drop, but gross profit and cash surge thanks to Robinhood royalties. 📉📈
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Financials 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 | £6,857,674 | £17,904,051 | £34,012,732 | +90% | |
| Operating profit | -£2,069,821 | £433,384 | -£3,740,208 | -963% | |
| Profit before tax | -£17,144,884 | -£5,744,796 | -£8,465,570 | -47.4% | |
| Net profit | -£17,145,377 | -£5,833,947 | -£2,679,554 | +54.1% | |
| Cash | £8,327,082 | £1,725,805 | £24,658,057 | +1,328.8% | |
| Total assets less current liabilities | £76,725,752 | £64,975,085 | £130,829,047 | +101.4% | |
| Net assets | £74,584,396 | £64,975,085 | £130,829,047 | +101.4% | |
| Equity | — | £64,975,085 | £130,829,047 | +101.4% | |
| Average employees | — | 2 | 2 | 0% | |
| Wages | £215,497 | £217,155 | £288,259 | +32.7% | |
| Directors' remuneration | £191,591 | £119,553 | £54,509 | -54.4% |
Figures converted to GBP from EUR at 0.872 per EUR (Frankfurter spot rate) — hover any figure for the original. — 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 | -30.2% | 2.4% | -11.0% | |
| Net margin | — | -32.6% | -7.9% | |
| Return on capital employed | -2.7% | 0.7% | -2.9% | |
| Gearing (liabilities / total assets) | 49.6% | 43.6% | 24.8% | |
| Current ratio | 1.20x | 0.88x | 2.20x | |
| Interest cover | -1.51x | 0.34x | -1.69x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of 12 months from when the financial statements are authorised for issue.”
Group structure
- BITSTAMP LIMITED · parent
- Bitstamp Europe SA 100%
- Bitstamp d.o.o. 100%
- Bitstamp Asia Pte Ltd 100%
- Bitstamp Services d.o.o. 100%
- Bitstamp Luxembourg SARL 100%
- Bitstamp Global Ltd 100%
- Bitstamp UK Limited 100%
- Bitstamp Financial Services d.o.o. 100%
Significant events
- “On 2 June 2025, Robinhood Markets, Inc. completed the acquisition of 100% of the shares of Bitstamp Limited and its subsidiaries. The Company now operates as a subsidiary within the Robinhood Group, facilitating expanded cryptocurrency services across the UK, EU, and Asia.”
- “Immediately prior to the acquisition, Bitstamp Limited sold its subsidiary Bitstamp USA Inc to Robinhood Crypto LLC for the sum of EUR 13,826K which generated a loss on disposal of EUR 15,778K. The sales proceeds were paid directly to the former shareholders as part of the overall acquisition settlement and so a deemed dividend has been recorded to reflect the disbursement of the sales proceeds to the former shareholders.”
- “On 22 May 2026, Bitstamp Global Ltd, a subsidiary of Bitstamp Limited, received its Investment Business Licence from the Financial Services Commission in the British Virgin Islands.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KERBRAT, Johann | Director | 2025-06-02 | Dec 1989 | French,American |
| WHITE, Nicola | Director | 2025-07-14 | Dec 1979 | Canadian,British |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FROST, George | Secretary | 2014-01-27 | 2018-03-09 |
| BLOWER, Oliver William | Director | 2020-01-01 | 2022-10-24 |
| BRITTO, Arthur | Director | 2014-05-21 | 2015-09-18 |
| CHO, Hanmin | Director | 2023-06-27 | 2025-06-02 |
| GHYS, Hendrik | Director | 2018-10-25 | 2023-11-30 |
| GRAFTIEAUX, Jean-Baptiste | Director | 2025-06-02 | 2025-07-14 |
| HONG, Jong Hyun | Director | 2018-10-25 | 2023-06-27 |
| HUSS, Nicolas Raoul Georges | Director | 2021-06-10 | 2025-06-02 |
| KODRIC, Nejc, Mr. | Director | 2012-07-25 | 2022-02-18 |
| MERLAK, Damijan, Cto | Director | 2014-01-17 | 2018-10-25 |
| MOREHEAD, Daniel Wayne | Director | 2014-01-27 | 2018-10-25 |
| PETERSSON, Olov | Director | 2023-06-27 | 2025-06-02 |
| THIEBAUT, Jean-David | Director | 2021-06-10 | 2025-06-02 |
| WATERHOUSE, Steve | Director | 2014-01-27 | 2016-06-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Robinhood Markets, Inc. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-06-05 | Active |
| Ministry Of Economy And Finance | Legal person | Shares 25–50% | 2023-02-23 | Ceased 2025-06-03 |
| Jungmin Kim | Individual | Shares 25–50% | 2022-09-08 | Ceased 2023-02-03 |
| Jungyun Kim | Individual | Shares 25–50% | 2022-09-08 | Ceased 2023-02-03 |
| Yoo Jung-Hyun | Individual | Shares 25–50%, Voting 50–75% | 2022-02-27 | Ceased 2025-06-03 |
| Jungju Kim | Individual | Shares 50–75%, Voting 50–75% | 2018-10-25 | Ceased 2022-02-27 |
| Mr. Nejc Kodric | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2018-10-25 |
| Mr Damijan Merlak | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2018-10-25 |
Filing timeline
Last 20 of 129 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-07-04 RESOLUTIONS Resolution
- 2026-06-06 RESOLUTIONS Resolution
- 2026-06-06 MA Memorandum articles
- 2025-09-11 RESOLUTIONS Resolution
- 2025-07-29 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-05 | AA | accounts | Accounts with accounts type full | |
| 2026-07-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-07-04 | RESOLUTIONS | resolution | Resolution | |
| 2026-06-24 | SH01 | capital | Capital allotment shares | |
| 2026-06-06 | RESOLUTIONS | resolution | Resolution | |
| 2026-06-06 | MA | incorporation | Memorandum articles | |
| 2026-06-06 | SH08 | capital | Capital name of class of shares | |
| 2025-09-11 | RESOLUTIONS | resolution | Resolution | |
| 2025-09-09 | SH01 | capital | Capital allotment shares | |
| 2025-08-21 | AA | accounts | Accounts with accounts type full | |
| 2025-07-29 | RESOLUTIONS | resolution | Resolution | |
| 2025-07-28 | SH01 | capital | Capital allotment shares | |
| 2025-07-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-07-17 | CH01 | officers | Change person director company with change date | |
| 2025-07-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-17 | CH01 | officers | Change person director company with change date | |
| 2025-07-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-17 | SH06 | capital | Capital cancellation shares | |
| 2025-07-17 | SH03 | capital | Capital return purchase own shares | |
| 2025-06-06 | PSC07 | persons-with-significant-control | Cessation of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 6
- 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.