ITF LICENSING (UK) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-03-07
Overdue
Watchouts
Cash
£6M
+191.1% vs 2023
Net assets
-£6M
-142.2% vs 2023
Employees
149
+7.2% vs 2023
Profit before tax
-£3M
-117.3% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-03-07.
Name history
Renamed 1 time since incorporation
- ITF LICENSING (UK) LIMITED 1991-04-18 → present
- COPYDOUBLE LIMITED 1991-02-21 → 1991-04-18
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £76,039,288 | £67,977,761 | |
| Operating profit | -£2,946,627 | -£3,438,844 | |
| Profit before tax | -£1,582,654 | -£3,438,844 | |
| Net profit | -£1,582,654 | -£3,438,844 | |
| Cash | £1,934,766 | £5,631,579 | |
| Total assets less current liabilities | -£2,269,830 | -£5,708,673 | |
| Net assets | -£2,418,087 | -£5,856,931 | |
| Equity | -£2,418,087 | -£5,856,931 | |
| Average employees | 139 | 149 | |
| Wages | £8,761,305 | £8,901,408 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -3.9% | -5.1% | |
| Net margin | -2.1% | -5.1% | |
| Return on capital employed | 129.8% | 60.2% | |
| Current ratio | 0.71x | 0.56x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“A letter of support is in place from ITF Trust stating that they will continue to provide financial support to the company to assist in meeting any ongoing liabilities in the normal course of business as and when they fall due for a period of at least 12 months from the date of signing these financial statements.”
Group structure
- ITF LICENSING (UK) LIMITED · parent
- Hopman Cup Pty Ltd 100%
Significant events
- “The licence agreement with Kosmos Global Tennis S.L was terminated in 2023 and licence fees for that year were replaced by the Cash Security Deposit, as detailed in the 2023 financial statements. The dispute with Kosmos was settled in early 2025 and ITF holds ownership of all commercial rights and the responsibility of operating the competition.”
- “The Hopman Cup, which returned to the calendar in 2023, was postponed in 2024 due to its proximity to the Paris Olympic Games. The competition will be held in Bari, Italy in July 2025, resuming its place in the calendar as the ITF's combined men's and women's international team event.”
- “In 2025 the company has entered into a 3-year deal with the Italian tennis federation to host the Davis Cup Finals.”
- “On 20 March 2025, the ITF announced the resignation of its Chief Executive Officer, Kelly Fairweather. The resignation will take effect at the end of August 2025.”
- “Kosmos and the ITF have reached an amicable resolution regarding their previous contractual disagreements related to the organisation of the Davis Cup. As a result, the contingent liability associated with these disagreements is no longer required to be disclosed in the financial statements.”
- “In March 2025 ITF was made aware of being named in court documents filed by the PTPA. The ITF is in the process of responding to those claims.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ANGHILERI, Dominic Paul | Secretary | 2014-03-07 | — | — |
| GRAHAM, John Hadley | Director | 2024-04-22 | May 1956 | Canadian |
| GUIZANI, Salma Mouelhi | Director | 2024-04-22 | Jul 1971 | Tunisian |
| HAGGERTY, David | Director | 2015-09-25 | Jul 1957 | American |
| HAINLINE, Brian | Director | 2024-04-22 | Dec 1955 | American |
| RAWLINSON, David John | Director | 2024-04-22 | Jan 1953 | British |
| UTERMURATOV, Bulat | Director | 2020-08-25 | Nov 1957 | Kazakh |
| WESTRUPP, Rafael | Director | 2024-04-22 | May 1980 | Brazilian |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOOL, Malcolm Colin | Secretary | — | 1998-10-23 |
| BURGESS, Gillian | Secretary | 2011-03-11 | 2014-03-07 |
| GARNHAM, John David | Secretary | 1998-10-23 | 2007-04-20 |
| MARGETS, Juan | Secretary | 2007-04-21 | 2007-12-31 |
| O'LOUGHLIN, Sean | Secretary | 2007-12-31 | 2010-06-11 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1991-02-21 | 1991-03-11 |
| ADAMS, Katrina Michelle | Director | 2020-08-25 | 2023-10-19 |
| CORRIE, Martin Francis | Director | 2020-08-25 | 2024-03-01 |
| DAVIES, Michael | Director | 1991-09-25 | 1995-04-05 |
| GUIDICELLI-FERRANDINI, Bernard | Director | 2020-08-25 | 2023-10-19 |
| JUDE, David | Director | 1991-03-11 | 2014-03-07 |
| RICCI BITTI, Francesco | Director | 1999-10-01 | 2015-09-25 |
| STAMMBACH, Rene | Director | 2014-03-07 | 2023-10-19 |
| STOKES, Christopher Stanley | Director | 1995-04-07 | 1999-06-03 |
| TOBIN, Brian | Director | 1991-03-11 | 1999-09-30 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 1991-02-21 | 1991-03-11 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 126 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-06-04 RESOLUTIONS Resolution
- 2024-06-04 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-07-24 | AA | accounts | Accounts with accounts type full | |
| 2025-03-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-23 | AA | accounts | Accounts with accounts type full | |
| 2024-06-04 | RESOLUTIONS | resolution | Resolution | |
| 2024-06-04 | MA | incorporation | Memorandum articles | |
| 2024-04-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-23 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-22 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-22 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-22 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-22 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-22 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-14 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-14 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-14 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-17 | AA | accounts | Accounts with accounts type full | |
| 2023-06-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-27 | AA | accounts | Accounts with accounts type full | |
| 2022-02-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-28 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- Capital events
- 0
- 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.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-10.6%
£76,039,288 £67,977,761
-
Cash
+191.1%
£1,934,766 £5,631,579
-
Net assets
-142.2%
-£2,418,087 -£5,856,931
-
Employees
+7.2%
139 149
-
Operating profit
-16.7%
-£2,946,627 -£3,438,844
-
Profit before tax
-117.3%
-£1,582,654 -£3,438,844
-
Wages
+1.6%
£8,761,305 £8,901,408
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