Spreadex Limited
Spreadex Limited is an online betting operator licensed in the UK since 2009. It holds licences for real and virtual event betting but received a £2 million fine in 2025 for serious regulatory breaches.
Positive Signals
- Licensed for over 15 years in Great Britain
- Positive customer reviews on Trustpilot (4.4/5)
- UK-based company with UK directors
Concerns
- £2 million fine in May 2025 for AML and social responsibility failures
- Official warning issued by the Gambling Commission
- Additional condition attached to its operating licence
Overview
Operator Type: Online sports and spread betting operator
Spreadex Limited is an online gambling company that has held a licence from the Gambling Commission since 1 January 2009. The company itself was incorporated much earlier, on 25 February 1999, and operates under the account number 8835. It's authorised to offer betting on both real-world and virtual events to customers in Great Britain.
The company's corporate structure shows it's a UK-based entity. According to Companies House records, its directors, including Jonathan Gordon HUFFORD and Thomas Woodstock HARRIS, are British nationals residing in the United Kingdom. The ultimate beneficial owner is another company, Spreadex.Com Limited, which holds between 75% and 100% of the shares and voting rights.
Despite its long operational history, Spreadex Limited has faced recent regulatory action. On 7 May 2025, the UKGC fined the operator £2,022,000 for failures related to anti-money laundering and social responsibility rules. This action also included a formal warning and an additional condition being added to its operating licence, which signals a serious breach of regulations.
The operator's main consumer-facing brand is run through the spreadex.com domain. It uses several trading names, including 'spreadex bet' and 'spreadex sports'. Public feedback on platforms like Trustpilot appears positive, which contrasts with its recent regulatory issues.
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
Spreadex Limited holds two active UKGC licences. These are a General Betting Standard - Real Event licence, for betting on live sports and other events, and a General Betting Standard - Virtual Event licence for computer-generated betting markets. An additional condition was attached to its licence following regulatory action in 2025.
| Licence Type | Status | Granted |
|---|---|---|
| General Betting Standard - Virtual Event | Active | |
| General Betting Standard - Real Event | Active |
Enforcement & Compliance History
On 7 May 2025, the UKGC imposed a financial penalty of £2,022,000 on Spreadex Limited. The action was for breaches of anti-money laundering (AML) and social responsibility codes. The operator also received a warning and had an additional condition added to its licence.
Spreadex Limited was found to have breached anti-money laundering and social responsibility code provisions between September 2022 and November 2023. Consequently, the Commission imposed a £2,022,...
Penalty: £2.0m
Corporate Structure
SPREADEX LIMITED was incorporated on 25 February 1999 and is an active private limited company. Key directors include Jonathan Gordon HUFFORD and Thomas Woodstock HARRIS. The company is owned by Spreadex.Com Limited, which holds between 75% and 100% of shares and voting rights.
SPREADEX LIMITED
Active- Company Number
- 03720378
- Incorporated
- 25 February 1999
- Registered Address
- Churchill House, 26-30 Upper Marlborough Road, St. Albans, AL1 3UU
Directors & Officers
| Name | Role | Residence | Appointed |
|---|---|---|---|
| HALLAN, James Rodney | director | 🇬🇧 United Kingdom | 20 July 2022 |
| HARRIS, Paul Edward Woodstock | director | 🇬🇧 United Kingdom | 20 July 2017 |
| MORLEY, Allan Philip | director | 🇬🇧 United Kingdom | 1 December 2011 |
| MACKENZIE, David Ross | director | 🇬🇧 United Kingdom | 1 June 2008 |
| HUFFORD, Jonathan Gordon | secretary | — | 7 June 1999 |
| HARRIS, Thomas Woodstock | director | 🇬🇧 United Kingdom | 7 June 1999 |
| HUFFORD, Jonathan Gordon | director | 🇬🇧 United Kingdom | 7 June 1999 |
| HUFFORD, Jonathan Gordon | secretary | — | 7 June 1999 |
Associated Domains
Spreadex Limited operates the website spreadex.com. The domain has a high-grade SSL certificate, showing strong technical security. On Trustpilot, the brand has a score of 4.4 out of 5 from over 1,900 reviews, which suggests positive customer feedback.
| Domain | Brand | Status | Site Type |
|---|---|---|---|
| spreadex.com | Spreadex | Active | Mixed |