SARACENS LIMITED

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

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company has net current liabilities of £4.4m at 30 June 2025 (2024: £6.3m) and a loss for the year then ended of £8.8m (2024: £7.5m). The financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons: As in previous years, the company met its working capital needs through funds provided from its parent company, Saracens Group Holdings Limited and continues to do so until becoming profitable. During the year, the Company capitalised £9.4m of loans from Saracens Group Holdings Limited, as these were considered capital in nature. As a result, as at 30 June 2025 the company reported a net asset position of £5.9m (2024: £5.3m). The owners of Saracens Group Holdings Limited (Kimono House Limited and Euroblue Investments Limited) have confirmed their willingness to provide financial support to facilitate the continued operation of the company to meets its liabilities as they fall due, should it be required, and as set out in the outlined business plan provided to investors, for the period to 30 June 2027 to meet the cash requirements as outlined in its business plan.”

Significant events

• “Revenues decreased from £22.8m to £21.2m in the year ended June 2025. Despite a challenging environment, we saw a £0.1m increase in our ticketing, hospitality and partnership revenues. The main decreases were due to £0.9m of lower PRL revenue, £0.6m as a result of change in revenue recognition of merchandise sales and £0.3m of additional exceptional, one-off income received in 2024.”
• “Operating losses increased by £1.5m to £8.9m in year ended June 2025. We continue to work hard to manage our cost base given the difficult economic climate which is impacting our consumer fan base as well as our escalating supplier costs.”
• “The Balance Sheet continued to show a positive net asset position of £5.9m compared to £5.3m in the prior year with a positive bank balance of £1.3m (2024: £0.8m).”
• “A change in leadership has seen Charlie Beall appointed as the new Chief Executive Officer at StoneX Stadium, bringing extensive experience across a wide range of commercial and marketing roles.”
• “Mike Leslie has joined the club as Chief Growth Officer, supported by Creative Director Flo Williams, the first person to take on this role in club rugby.”
• “On the pitch, the Saracens Men's team underwent a transitional year, missing out on the Gallagher Premiership semi-finals.”
• “Saracens Women made it to the PWR Final which was held at Stonex Stadium for the first time. The occasion drew in a record crowd and showcased the very best of the club. Despite the Gloucester-Hartpury triumph, Saracens proved once again to be challenging at the top of the sport.”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

5

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  -7%

  £22,782,715 → £21,186,102

• Cash

  +73.1%

  £763,015 → £1,321,135

• Net assets

  +11%

  £5,346,386 → £5,935,223

  highest in 5 filed years

• Employees

  +1.5%

  198 → 201

  highest in 5 filed years

• Operating profit

  -20.7%

  -£7,359,929 → -£8,885,420

  lowest in 3 filed years

• Profit before tax

  -17.2%

  -£7,538,340 → -£8,832,001

  lowest in 5 filed years

• Wages

  -0.6%

  £13,930,559 → £13,849,742

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers