BRITISH SWIMMING LIMITED

1. BRITISH SWIMMING LIMITED 2006-01-24 → present
2. AMATEUR SWIMMING FEDERATION OF GREAT BRITAIN LIMITED 2000-10-13 → 2006-01-24

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

HaysMac LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“UK Sport's World Class funding is confirmed until 31 March 2029. Home Country income levels have stabilised, the official kit supplier sponsorship relationship remains strong and committed. Taking these factors into account, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for at least 12 months following the date of the signing of these financial statements.”

Group structure

1. BRITISH SWIMMING LIMITED · parent
   1. High Performance Swimming Limited · England and Wales
   2. Swimming Championships Limited · England and Wales

Significant events

• “The financial year, ended 31 March 2025, was the first full year for the organisation functioning under the new Aquatics GB brand. This was a strategic move designed to unify all of the aquatic disciplines under a single banner with the aim of creating a stronger brand, enhance our events and build a more attractive commercial proposition to drive investment.”
• “The year began with the delivery of a revamped Aquatics GB Swimming Championships in April, the biggest" annual domestic event in the calendar which acts as the core selection meet from which athletes and teams were chosen for the Paris 2024 Olympic and Paralympic Games.”
• “Aquatics GB moved the Championships to a new permanent home at the London Aquatics Centre as it was deemed to be the most suitable major events venue in the country. This was implemented through a new five-year deal with the venue operators. For the first time the meet showcased a fully integrated schedule for both able-bodied and para-swimmers essentially merging what had previously been two separate championships into one.”
• “A landmark broadcasting deal for the Championships was struck with the BBC and Channel 4 which delivered a live audience of over half a million viewers for the event.”
• “Speedo increased its investment to take the title partnership naming rights”
• “A renewed focus on ticketing promotion led to a sold-out event”
• “Despite several challenging circumstances, ranging from a COVID outbreak in the Olympic village to operational and logistical issues such as transport and catering; Aquatics GB equalled its best-ever result at an Olympic Games returning home with 11 medals across swimming, diving, and artistic swimming.”
• “This result included a historic feat of a back-to-back gold medal in the men's 4x200m relay with the same four athletes hitting the top of the podium in Paris as they had done in Tokyo three years earlier a first ever achievement for a relay team.”
• “The diving team produced Britain's best-ever haul of five medals (1 x silver, 4 x bronze) including another medal for Tom Daley in his fifth Olympic Games.”
• “Kate Shortman and Izzy Thorpe created a historic moment when they won a silver medal in the Artistic Swimming duet competition - GB's first ever medal in this discipline.”
• “The strong performances continued into the Paralympic Games with British swimmers dominating in the pool and returning with a haul of 32 medals (18 x gold, 8 x silver, 6 x bronze) including success for multiple debutants and placing GB second in the world on the para-swimming medal table.”
• “The conclusion of the Games marked the retirement of Bill Furniss, the Swimming Head Coach, after 50 years in the sport a fitting end to a storied career. Bill is succeeded by Steven Tigg, previously Head Coach at the Performance Centre in Stirling, who was appointed to the role in October 2024 following a competitive recruitment process.”
• “Off the back of the record-equalling Games performance and strong indicative signs in the talent pathway for the coming years, UK Sport reaffirmed its continued commitment to aquatic sport confirming a £37,925,000 investment for the four years of the cycle running through to the Los Angeles Games in 2028”
• “The Open Doors programme was launched providing an opportunity for athletes to shadow Aquatics GB employees and receive one-on-one mentorship support to help prepare them as they looked ahead to their post-competitive careers.”
• “A Diversity, Equity and Inclusion Working Group was created, with AGB Board Director Piers Martin installed as Chair supported by a collective of independent experts.”
• “While on Earth Day, the organisation launched its Environmental Sustainability Strategy for the next four years, detailing plans around the three core areas of carbon and climate, waste and resources, and access to water.”
• “It is noted that British Swimming Limited has posted a second consecutive year of loss. Since the completion of the 24/25 financial year, steps have been taken to address this situation via a staffing restructure which took place in April 2025. This has reduced the organisational staffing costs and is projected to halt the continuing losses and return the organisation to a more profitable position. This will be reflected in full in the 25/26 financial year audit report.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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

  -5%

  £12,131,926 → £11,520,321

• Cash

  +17.4%

  £1,970,524 → £2,314,203

• Net assets

  -45%

  £567,321 → £312,063

• Employees

  +5%

  80 → 84

• Operating profit

  -45.3%

  -£192,236 → -£279,381

• Profit before tax

  -50.5%

  -£169,650 → -£255,258

• Wages

  +4.4%

  £3,747,862 → £3,914,122

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