TOWN SPORTS & ENTERTAINMENT GROUP LIMITED

• ◆

  8 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. TOWN SPORTS & ENTERTAINMENT GROUP LIMITED 2025-11-24 → present
2. TOWN SPORTS&ENTERTAINMENT GROUP LIMITED 2025-10-24 → 2025-11-24
3. KIRKLEES STADIUM DEVELOPMENT LIMITED 1992-05-28 → 2025-10-24
4. NOTICECARE LIMITED 1992-03-02 → 1992-05-28

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

Consolidated group

Auditor

DJH Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Thus, the directors continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Group structure

1. TOWN SPORTS & ENTERTAINMENT GROUP LIMITED · parent
   1. KSDL Land Limited 100% · England and Wales · Holding an investment property

Significant events

• “The parent company passed a special resolution on 24 October 2025 changing its name from Kirklees Stadium Development Limited to Town Sports & Entertainment Group Limited (TSEG).”
• “The 100% takeover of TSEG by The Huddersfield Town Association Football Club Limited (HTAFC), owned by Kevin Nagle, actually completed just after the year ended, on 24/9/25.”
• “During the year a new 5 year stadium naming deal was negotiated with ACCU, starting on 1/8/25. To facilitate this, a negotiation was conducted with Heineken to discontinue the John Smith's sponsorship one year early. At the same time, a new 5 year pouring rights deal was negotiated with Heineken, to start on 1/8/25.”
• “A Stereophonics concert was held on 14/6/25. The attendance was 31,264 and the retained profit, including catering, was £234k.”
• “Due to the issues faced by catering, much of the year was spent negotiating a JV contract with Levy. This 10.5 year contract eventually started on 11/1/26.”
• “Pursuant to the provisions of the Memorandum of Understanding made 20 September 2024, the three shareholders agreed terms to implement the process set out in the Shareholders Agreement made between them on 2 September 2013 (Collaboration Agreement) to authorise both Kirklees Metropolitan Council (Council) and Huddersfield Sporting Pride Limited to transfer their shares in the company to HTAFC. As a result, on 24 September 2025 the company came under the sole ownership of HTAFC, the otiose Collaboration Agreement was terminated and the company's subsidiary KSDL Land Limited transferred its freehold title to its investment property to the Council in exchange for the settlement of creditors owed by the group totalling £5.13m of which £0.77m is owed by the parent company Town Sports & Entertainment Group Limited and £4.36m by its subsidiary KSDL Land Limited.”

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

Filings

18

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

8

last 12 months

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

• Turnover

  +1.7%

  £5,244,923 → £5,332,192

• Cash

  +98.9%

  £455,302 → £905,420

• Net assets

  -15.9%

  £7,197,405 → £6,056,550

• Employees

  +3.8%

  340 → 353

• Operating profit

  -19.2%

  -£1,223,290 → -£1,458,674

• Profit before tax

  -14.4%

  -£1,546,136 → -£1,768,294

• Wages

  +3.3%

  £2,187,287 → £2,259,572

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