SWANSEA CITY FOOTBALL 2002 LIMITED

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. SWANSEA CITY FOOTBALL 2002 LIMITED 2002-03-12 → present
2. PRIZEBALL LIMITED 2001-10-16 → 2002-03-12

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

MHA

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“These financial statements are prepared on a going concern basis The directors have a reasonable expectation that the group will continue in operational existence for the foreseeable future However, the directors are aware of certain uncertainties which may cause doubt on the group's ability to continue as a going concern The directors acknowledge the difficult financial and operational conditions the group, along with other Championship football clubs, are experiencing The Championship division is extremely competitive, with Championship Clubs seeking to assemble a squad of players capable of achieving promotion to the Premier League Consequently, player costs are driven up, placing considerable pressure on operational cash flows The Club mitigates this pressure to some extent by following a player trading business model, with a track record of generating significant profits on disposals of player registrations However, player trading alone is not sufficient to sustain the group in the long term, and the group is reliant on ownership funding and other external sources of finance in order to satisfy liquidity requirements”

Group structure

1. SWANSEA CITY FOOTBALL 2002 LIMITED · parent
   1. Swansea City Football Club Limited 99.4% · United Kingdom · Dormant
   2. Swansea City Association Football Club Limited 100% · United Kingdom · Professional Association Football Club
   3. Swansea Stadium Management Company Limited 100% · United Kingdom · Stadium Management

Significant events

• “Subsequent to the balance sheet date, the group sold certain player registrations for a total consideration of £1,208,459 (2024 £3,045,931) In addition, the group acquired new player registrations and extended the registrations of existing players for a total consideration of £19,882,724 (2024 £6,330,328) The group also acquired tangible fixed assets for a total consideration of £814,246 (2024 £809,000)”

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

1

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

  +3.5%

  £21,941,972 → £22,702,682

• Cash

  +104.6%

  £7,404,502 → £15,149,961

• Net assets

  -3.1%

  £24,251,438 → £23,510,375

• Employees

  -3.2%

  679 → 657

• Operating profit

  -37.2%

  -£14,692,334 → -£20,151,223

• Profit before tax

  -38.3%

  -£15,147,166 → -£20,942,334

• Wages

  +4.9%

  £25,098,994 → £26,328,677

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