Colet Systems Limited
Colet Systems Limited is a gambling software supplier that was licensed in the UK from 2018 to 2024. The company surrendered its Gambling Software licence and is no longer active in the British market. It has no history of regulatory enforcement actions.
Positive Signals
- No enforcement actions from the UKGC
- Operated with a continuous licence for over 5 years
Concerns
- Surrendered its UKGC licence in June 2024
Overview
Operator Type: Gambling software supplier
Colet Systems Limited is a UK-based company that provides gambling software to other operators. It was incorporated on 17 February 2014 and operates under the trading name MollyBet. As a business-to-business supplier, it doesn't offer gambling services directly to the public.
The company is directed by Tom LARGE, a British national, and Kostakis CHRISTOFI, a Cypriot national. Both directors are residents of the United Kingdom. According to Companies House records, the ultimate beneficial owner is Mr Jiten Lachman Melwani, who controls between 75% and 100% of the company.
Colet Systems Limited was first licensed by the UK Gambling Commission (UKGC) on 2 August 2018. The company held its licence continuously until it was surrendered on 4 June 2024. This means it's no longer authorised to supply gambling software in Great Britain. During its time as a licence holder, the company didn't face any public enforcement actions from the regulator.
Where Is This Operator Based?
Understanding where an operator is based matters for regulatory accountability. UK-based operators are subject to UK courts and consumer protection laws.
This operator is headquartered in the UK and registered with Companies House. They are fully subject to UK courts, consumer protection laws, and regulatory oversight.
Licence Details
Colet Systems Limited previously held a Gambling Software licence from the UKGC. This licence is required for companies that create, supply, or adapt software used by gambling operators. The company's licence was surrendered on 4 June 2024, so it's no longer permitted to perform these activities in Great Britain.
| Licence Type | Status | Granted |
|---|---|---|
| Gambling Software | Surrendered |
Enforcement & Compliance History
No regulatory actions recorded.
No enforcement actions recorded.
This operator has no public enforcement actions, financial penalties, or regulatory warnings on record with the UK Gambling Commission.
Corporate Structure
COLET SYSTEMS LIMITED was incorporated on 17 February 2014 and is an active private limited company. Its directors include Tom LARGE and Kostakis CHRISTOFI. The company's person with significant control is Mr Jiten Lachman Melwani, who holds a stake of 75% to 100%.
COLET SYSTEMS LIMITED
Active- Company Number
- 08897206
- Incorporated
- 17 February 2014
- Registered Address
- 184 Shepherds Bush Road, London, W6 7NL
Directors & Officers
| Name | Role | Residence | Appointed |
|---|---|---|---|
| CHRISTOFI, Kostakis | director | 🇬🇧 United Kingdom | 5 May 2023 |
| LARGE, Tom | director | 🇬🇧 United Kingdom | 30 June 2020 |
Associated Domains
No domains registered.
This operator does not have any registered domains in the UKGC public register. This is typical for land-based operators, B2B suppliers, and lottery operators.