SWANSEA CITY ASSOCIATION FOOTBALL CLUB LIMITED(THE)

• ⚠

  Insolvency history on file

  Companies House holds prior insolvency events for this company. Detail and outcome on the official register.

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

MHA Audit Services LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As set out in greater detail in the accounting policies in 2 2, the directors acknowledge the difficult financial and operational conditions the company, along with other Championship football clubs, are experiencing. The directors ensure that the company's financial position is continually monitored by preparing detailed profit and loss, balance sheet and cashflow forecasts each financial year considering a range of reasonably foreseeable scenarios and material uncertainties in relation to income and costs”

Group structure

1. SWANSEA CITY ASSOCIATION FOOTBALL CLUB LIMITED(THE) · parent
   1. Swansea Stadium Management Company Limited 100% · Swansea · Stadium management company
   2. Swansea Stadium Permier Club Limited 50% · Swansea · Dormant

Significant events

• “Subsequent to the balance sheet date, the Company sold certain player registrations for a total consideration of £1,050,128 (2024: £3,045,931). In addition, the Company acquired new player registrations and extended the registrations of existing players for a total consideration of £18,730,670 (2024: £6,330,328). The company also acquired tangible fixed assets for a total consideration of £350,985 (2024: £671,000).”

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

Filings

5

last 12 months

Capital events

1

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +3.3%

  £21,541,219 → £22,252,002

• Cash

  -43.2%

  £5,307,222 → £3,015,072

• Net assets

  -2.3%

  £23,221,071 → £22,689,949

• Employees

  +2.6%

  341 → 350

• Operating profit

  -40.8%

  -£14,731,187 → -£20,739,655

• Profit before tax

  -41.9%

  -£15,190,972 → -£21,560,339

• Wages

  +7.5%

  £23,400,906 → £25,164,682

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