JOCKEY CLUB RACECOURSES LIMITED

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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-08-02 (in 3mo)

Last made up 2025-07-19

Watchouts

None on the register

Cash

£9M

-33.6% vs 2023

Net assets

£107M

+12.3% vs 2023

Employees

623

+1.1% vs 2023

Profit before tax

£20M

+319.1% vs 2023

Name history

Renamed 1 time since incorporation

JOCKEY CLUB RACECOURSES LIMITED 2010-02-01 → present
RACECOURSE INVESTMENTS LIMITED 1994-03-17 → 2010-02-01

Net assets

2-year trend · vs Consumer Discretionary median

JOCKEY CLUB RACECOURSES LIMITED·Consumer Discretionary median · n=5592

Accounts

2-year trend · latest reflected 2024-12-31

Metric	2023-12-31	2024-12-31
Turnover	£224,900,000	£230,300,000
Operating profit	£7,600,000	£18,800,000
Profit before tax	£4,700,000	£19,700,000
Net profit	£3,100,000	£18,000,000
Cash	£14,000,000	£9,300,000
Total assets less current liabilities	£165,800,000	£165,800,000
Net assets	£95,600,000	£107,400,000
Equity	£23,200,000	£43,000,000
Average employees	616	623
Wages	£23,300,000	£25,100,000

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	2023-12-31	2024-12-31
Operating margin	3.4%	8.2%
Net margin	1.4%	7.8%
Return on capital employed	4.6%	11.3%
Current ratio	0.83x	0.86x
Interest cover	2.17x	6.48x

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: BDO LLP
Audit opinion: Unqualified (clean)
Going concern: Affirmed
“In auditing the financial statements, we have concluded that the Stewards' 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 or Club'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.”

Group structure

JOCKEY CLUB RACECOURSES LIMITED · parent
1. Epsom Racecourse Hotel Company Limited 100% · England and Wales · Owns and operates a hotel
2. Racecourse Holdings Trust Limited 100% · England and Wales · Dormant, operates under management agreements
3. Racecourse Investments Limited 100% · England and Wales · Dormant, operates under management agreements
4. Barnard & Hill Limited 100% · England and Wales · Dormant, operates under management agreements
5. Kempton Park Holding Company Limited 100% · England and Wales · Dormant, operates under management agreements
6. Epsom Downs Racecourse Limited 100% · England and Wales · Dormant, operates under management agreements
7. Kempton Racecourse Investments Limited 100% · England and Wales · Dormant, operates under management agreements
8. Sandown Park Limited 100% · England and Wales · Dormant, operates under management agreements
9. The Kempton Park Racecourse Company Limited 100% · England and Wales · Dormant, operates under management agreements
10. The Epsom Grand Stand Association Limited 100% · England and Wales · Dormant, operates under management agreements
11. Jockey Club Farming Company Limited 100% · England and Wales · Manages farmland
12. Aintree Racecourse Company Limited 100% · England and Wales · Dormant, operates under management agreements
13. The Carlisle Racecourse Company Limited 100% · England and Wales · Dormant, operates under management agreements
14. The Haydock Park Racecourse Company Limited 100% · England and Wales · Dormant, operates under management agreements
15. Haydock Park Leisure Company Limited 100% · England and Wales · Dormant, operates under management agreements
16. Huntingdon Steeplechases Limited 100% · England and Wales · Dormant, operates under management agreements
17. Market Rasen Racecourse Limited 100% · England and Wales · Dormant, operates under management agreements
18. Newmarket Racecourses Limited 100% · England and Wales · Dormant, operates under management agreements
19. Nottingham Racecourse Company Limited 100% · England and Wales · Dormant, operates under management agreements
20. The Steeplechase Company (Cheltenham) Limited 100% · England and Wales · Dormant, operates under management agreements
21. Warwick Racecourse Company Limited 100% · England and Wales · Dormant, operates under management agreements
22. The Wincanton Races Company Limited 100% · England and Wales · Dormant, operates under management agreements
23. Devon & Exeter 2007 Limited 100% · England and Wales
24. Devon & Exeter Steeplechases 100% · England and Wales · Dormant, operates under management agreements

Significant events

“£5.9m profit on the sale of non-core land at Haydock Park and the sale of a fixture at Newmarket for £2.25m.”
“Board approved Floodlight replacement at Kempton to full LED lighting alongside the first tranche of Voltage Optimisation sites, this will continue into 2025.”
“The new Group Chief Executive Officer joined The Jockey Club in June 2025.”

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

People

2 active · 54 resigned

Name	Role	Appointed	Born	Nationality
CLARK, Stuart John	Director	2020-12-31	Jul 1979	British
MULLEN, James Joseph	Director	2025-06-02	Jun 1970	Scottish

Show 54 resigned officers

Name	Role	Appointed	Resigned
GOULD, Andrew Nicholas Martin	Secretary	1994-03-17	2010-04-23
BAKER, John Anthony William	Director	2012-09-17	2020-02-28
BAZALGETTE, Simon Louis	Director	2008-07-01	2019-10-18
BOWERS, Scott Edward	Director	2012-09-17	2020-12-31
BOWLES, Linda Jane	Director	2012-09-17	2020-04-09
BUDGE, Anthony Frederick	Director	1994-03-17	1995-01-18
CLARKE, Steven Ronald	Director	2008-07-01	2010-06-30
COLLINS, Christopher Douglas	Director	2005-07-01	2008-07-01
COPPEL, Andrew Maxwell	Director	2004-08-09	2007-11-19
CREAN, Maurice Andrew	Director	2010-11-24	2013-04-26
DARESBURY, Peter Gilbert, Lord	Director	2007-01-01	2008-07-01
DENNIS, Arthur Jeremy Dyke	Director	1996-04-15	2002-12-31
DOMMETT, David Michael	Director	2014-04-01	2020-12-31
FISHER, Paul Richard	Director	2008-07-01	2020-02-07
GILLESPIE, Edward William	Director	2008-07-01	2012-09-28
GITTUS, William Angus	Director	2012-09-17	2020-12-31
GOSLING, Henry Miles, Captain	Director	1994-03-17	1995-06-19
GOULD, Andrew Nicholas Martin	Director	1996-07-22	2010-04-23
HAMBRO, Richard Alexander	Director	2004-07-12	2008-07-01
HAMBRO, Rupert Nicholas	Director	1994-03-17	1994-04-11
HARDING, Diana Mary, The Hon Ms	Director	2002-05-21	2008-07-01
HEATH, Alexander George Tristram	Director	2003-02-20	2004-07-29
HILLYARD, David John	Director	1994-03-17	2000-05-23
HODGSON, Christopher James	Director	2003-04-07	2008-07-01
HUGHES, Janice Elizabeth	Director	2005-09-28	2008-07-01
JAMES, David Noel	Director	2003-04-07	2005-06-30
JOHNSTON, Richard Arthur	Director	2000-05-23	2004-09-10
KIRKBY, Pip	Director	2011-04-01	2012-09-10
MACKINNON, David	Director	2009-03-01	2012-09-10
MANNERS, Christopher Thomas James	Director	2012-12-03	2020-12-31
NORRIS, Richard John	Director	2010-11-24	2020-12-31
PARRY, Delia Marguerite	Director	2019-10-18	2020-08-30
PESCOD, Michael	Director	2002-05-21	2005-06-30
PILKINGTON, Thomas Henry Milborne Swinnerton, Sir	Director	1994-03-17	1994-06-30
PLAYER, Peter Dane	Director	1994-04-11	2004-06-01
RENTON, Ian Robert	Director	2012-10-01	2024-12-31
RICHMOND WATSON, Julian	Director	2005-02-22	2008-07-01
SHERLOCK, Peter Charles	Director	1995-03-03	1996-10-15
SMEE, John Michael Jefferson	Director	2008-07-01	2010-11-24
SPENCE, Christopher John	Director	1994-09-19	1998-04-17
SPORBORG, Christopher Henry	Director	1994-04-11	2003-04-07
STARKEY, Amy Louise	Director	2012-09-17	2025-06-19
THICK, Julian Mark	Director	2010-07-01	2012-09-07
TREVELYAN, Rupert Patrick	Director	2012-09-17	2016-09-30
TRUESDALE, Nevin John	Director	2013-08-12	2024-12-31
VESTEY, Samuel George Armstrong, Lord	Director	1994-03-17	2003-04-07
WALEY-COHEN, Robert Bernard	Director	1998-04-17	2000-12-31
WALLIS, Stephen Henry	Director	2010-07-01	2020-12-31
WATES, Andrew Trace Allan	Director	1996-05-31	2008-07-01
WATKINS, Guy Hansard, Major General	Director	1996-05-31	2003-04-30
WHITE, Dickon	Director	2012-09-17	2020-12-31
WHITE, Dickon	Director	2008-07-01	2010-06-30
WHITE, Philip David	Director	2016-09-30	2020-12-31
WOODHOUSE, Mark John Michael	Director	2003-01-01	2008-07-01

Ownership

Persons with significant control

Name	Kind	Nature of control	Notified	Status
Jockey Club Racecourses (Holdings) Ltd	Corporate entity	Shares 75–100%	2016-04-06	Active

Filing timeline

Last 20 of 232 total filings

Date	Type	Category	Description
2025-10-21	AA	accounts	Accounts with accounts type full
2025-07-21	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2025-06-19	TM01	officers	Termination director company with name termination date	PDF
2025-06-19	AP01	officers	Appoint person director company with name date	PDF
2025-01-06	TM01	officers	Termination director company with name termination date	PDF
2025-01-06	TM01	officers	Termination director company with name termination date	PDF
2024-09-24	AA	accounts	Accounts with accounts type full
2024-07-31	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2024-04-03	MR04	mortgage	Mortgage satisfy charge full	PDF
2024-04-03	MR04	mortgage	Mortgage satisfy charge full	PDF
2024-04-03	MR04	mortgage	Mortgage satisfy charge full	PDF
2024-04-03	MR04	mortgage	Mortgage satisfy charge full	PDF
2023-08-09	AA	accounts	Accounts with accounts type full
2023-07-27	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2023-07-12	AD01	address	Change registered office address company with date old address new address	PDF
2023-04-28	AD01	address	Change registered office address company with date old address new address	PDF
2022-10-01	AA	accounts	Accounts with accounts type full
2022-07-19	CS01	confirmation-statement	Confirmation statement with no updates	PDF
2021-09-29	AA	accounts	Accounts with accounts type full
2021-07-19	CS01	confirmation-statement	Confirmation statement with no updates	PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings: 4
Capital events: 0
Officers appointed: 1
Officers resigned: 1

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

+2.4%

£224,900,000 £230,300,000
Cash

-33.6%

£14,000,000 £9,300,000
Net assets

+12.3%

£95,600,000 £107,400,000
Employees

+1.1%

616 623
Operating profit

+147.4%

£7,600,000 £18,800,000
Profit before tax

+319.1%

£4,700,000 £19,700,000
Wages

+7.7%

£23,300,000 £25,100,000

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

Official Companies House page