BITSTAMP UK LTD

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +793%

  £1,035,559 → £9,247,170

• Cash

  +61.9%

  £1,796,984 → £2,908,447

• Net assets

  +37.2%

  £1,593,740 → £2,186,151

• Employees

  +400%

  2 → 10

• Operating profit

  -24.6%

  -£1,618,607 → -£2,017,543

• Profit before tax

  -42.5%

  -£1,549,149 → -£2,207,589

• Wages

  +651.8%

  £376,559 → £2,830,797

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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.

1. BITSTAMP UK LTD 2022-07-04 → present
2. BITSTAMP EXCHANGE UK LIMITED 2022-06-15 → 2022-07-04

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In the year ending 31 December 2024 Bitstamp UK Ltd. has generated losses amounting to GBP 2,207,589 (2023: GBP 1,549,149). Whilst the market environment in 2024 was significantly stronger than 2023, when a low volatility and valuation environment ("crypto winter") prevailed, the company continued to generate losses due to the additional costs incurred related to the operation of the exchange platform. If a crypto winter were to arise in 2025, Bitstamp UK Ltd could experience an associated reduction in revenues and generate greater trading losses. The management of Bitstamp UK Ltd, and Bitstamp Group have planned for this eventuality, and have taken actions to ensure that Bitstamp UK Ltd and Bitstamp Group have sufficient liquidity to meet the Group's working capital, and each entities regulatory capital requirements. These actions include securing additional working capital, cost reduction measures and the launching of new initiatives to build additional revenue.”

Significant events

• “On 4 June 2024, the shareholders of the Bitstamp Group entered into a Share Purchase Agreement with Robinhood Markets Inc, a US based company, for the acquisition of 100% of the shares of Bitstamp Limited. The purchase remains subject to regulatory approval and as the agreement automatically terminates on 4 June 2025, it would require agreement of both parties to extend beyond this date.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

3

last 24 months

Officers appointed

2

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.