ENGLAND AND WALES CRICKET BOARD LIMITED

• ◆

  Outstanding charges registered

  One or more mortgages or charges remain undischarged on the Companies House register.

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

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Group or the Company or to cease their operations, and as they have concluded that the Group and the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over their ability to continue as a going concern for at least a year from the date of approval of the financial statements ('the going concern period').”

Group structure

1. ENGLAND AND WALES CRICKET BOARD LIMITED · parent
   1. England & Wales Cricket Trust Limited 100% · United Kingdom · Charity
   2. Cricket World Cup 2019 Limited 100% · United Kingdom · Dissolved
   3. Birmingham Phoenix Limited 100% · United Kingdom · Sports activities
   4. Northern Superchargers Limited 100% · United Kingdom · Sports activities
   5. Manchester Originals Limited 100% · United Kingdom · Sports activities
   6. London Spirit (The Hundred) Limited 100% · United Kingdom · Sports activities
   7. Welsh Fire Limited 100% · United Kingdom · Sports activities
   8. Southern Brave Limited 100% · United Kingdom · Sports activities
   9. Oval Invincibles Limited 100% · United Kingdom · Sports activities
   10. Trent Rockets Limited 100% · United Kingdom · Sports activities

Significant events

• “The 2024 season has been another action-packed year of cricket in this country, and there has been a significant amount of activity both on and off the field.”
• “England Men winning home Rothesay Test series against Sri Lanka and West Indies, before drawing a Vitality IT20 series and losing a Metro Bank ODI series against Australia. England Women also had a strong summer, winning both Metro Bank ODI and Vitality IT20 series against Pakistan and New Zealand.”
• “attendance of 2.84m represented our best ever attendance for a non-Ashes or India year. The recreational game saw record highs in terms of participation, driven by an increase of around 10 per cent in women's and girls' sections and teams.”
• “the ECB has been focussed on driving a number of initiatives forward, including the ongoing work around private investment into The Hundred teams (see note 21), finalisation of the renewed County Partnership Agreement terms (CPA 2.0) and staging agreements, the creation of the new professional Women's tiered structure, and continuous improvement to the operating model.”
• “In September 2024 the ECB published a report demonstrating progress in making cricket a more inclusive sport in the year since the publication of the Independent Commission for Equity in Cricket report.”
• “continued pressures from the cost-of-living crisis and growing cost base of the game against fixed revenues, and the continued growth in franchise leagues around the world creating player wage inflation pressures as significant investment enters the game globally. Additionally, rain and early finishes across multiple Men's Rothesay Test matches resulted in a large number of refunds being made.”
• “In the year ended 31 January 2025, the ECB concluded the fifth and final year of the first County Partnership Agreement (CPA), which distributes funds into the cricket network from the ECB to the eighteen Professional County Clubs ("PCC"), the Marylebone Cricket Club ("MCC"), the National Counties Cricket Association ("NCCA"), the National County Clubs and the County Cricket Boards.”
• “The ECB made a donation to the England and Wales Cricket Trust (which is subsidiary of the ECB and consolidated into these financial statements) during the year ended 31 January 2025 of £27,000,000 (year ended 31/01/2024: £20,000,000) as the Trust required funds to meet its obligations for the next 12 months.”
• “Moving into the 2025 season, there are scheduled to be six men's Rothesay Test matches, five against India Men and one against Zimbabwe Men, six men's Metro Bank One Day International Matches, three each against West Indies Men and South Africa Men as well as six men's Vitality IT20 matches, also three each against West Indies Men and South Africa Men. England Women are scheduled to have six Metro Bank One-Day Internationals, three each against India Women and West Indies Women and eight Vitality IT20s, five against India Women and three against West Indies Women.”
• “the ECB has secured broadcast revenues for seasons 2025-29.”
• “Turnover fell by £16.4m to £319.6m.”
• “ECB Group made distributions to the eighteen Professional Counties... totalling £98.0m (2025).”
• “The number of recreational fixtures rose to 198,000 - the highest since the Pandemic.”
• “For a second consecutive year attendances at England Women fixtures topped 100,000 - with 2024 being the highest non-Ashes year ever.”
• “In February 2025 the England and Wales Cricket Board (ECB) entered into a period of exclusive negotiation with third parties who, following a closed auction process, each had offers accepted by the ECB to acquire a 49% holding in one of the following eight Hundred teams, all of which are wholly owned by the ECB: Birmingham Phoenix Limited, Northern Superchargers Limited, Manchester Originals Limited, London Spirit (The Hundred) Limited, Welsh Fire Limited, Southern Brave Limited, Oval Invincibles Limited, Trent Rockets Limited. Following the closed auction process, the eight bids have placed a total enterprise value of just over £975m on the teams. As part of the transactions, the ECB will gift the remaining 51% in each team to the current respective competition host first class county. All net proceeds generated from the sale of the 49% holding will be injected into the professional and recreational game.”

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

Filings

7

last 12 months

Capital events

0

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

  -4.9%

  £336,066,000 → £319,558,000

• Cash

  +471.9%

  £46,026,000 → £263,221,000

• Net assets

  -4.8%

  £58,246,000 → £55,431,000

• Employees

  -1.3%

  542 → 535

• Operating profit

  -121.9%

  £20,941,000 → -£4,595,000

• Profit before tax

  -90.8%

  £27,921,000 → £2,563,000

• Wages

  +12.5%

  £60,163,000 → £67,664,000

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