NEW SIX NATIONS UNION 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

Consolidated group

Auditor

Ernst & Young

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have performed a going concern assessment, comprising a review of the group's financial position, cash flows, future operations and forecasts for the period of at least 12 months from the date of approval of the financial statements. Based on these projections the directors have concluded that the company continues to demonstrate it will be in a position to meet its liabilities as they fall due. The group's revenues are derived from Six Nations Rugby Limited acting as an agent in relation to the exploitation of commercial rights from rugby tournaments and the forecasts for earnings remain robust. The payment of non-Ultimate Shareholder liabilities coming due across the group is secured through contractually obligated dividends which fund each entity in the structure. The payment of Ultimate Shareholder liabilities coming due is secured by committed investment into the group. On this basis the directors consider it appropriate to prepare the financial statements on a going concern basis. Accordingly, these financial statements do not include any adjustments to the carrying amount and classification of assets and liabilities that may arise if the company was unable to continue as a going concern.”

Group structure

1. NEW SIX NATIONS UNION LIMITED · parent
   1. New Six Nations Limited 88.6% · England · Holding company
   2. New Six Nations Midco Limited 88.6% · England · Holding company
   3. New Six Nations Manco Limited 88.6% · England · Dormant
   4. Six Nations Rugby Limited 80.4% · Ireland · Agent for commercial rights from rugby tournaments

Significant events

• “On 1 July 2025 the Company's immediate subsidiary, New Six Nations Limited, issued to the Minority interest shareholder an additional 32,306 A Ordinary shares for aggregate cash consideration of £18,146,497 and 20,000 A Preferred shares for aggregate cash consideration of £11,355,408. This reduced the Group's holding in this entity from 88.6% to 85.7%.”
• “New Six Nations Limited also issued an additional 30,500,000 loan notes to the Minority interest shareholder for aggregate cash consideration of £30,500,000. The funds raised enabled New Six Nations Limited, through a series of transactions, to increase its effective holding in Six Nations Rugby Limited from 90.7% to 99.9%.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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

  +50.1%

  £10,905,445 → £16,371,924

• Cash

  +81.7%

  £8,669,986 → £15,754,349

• Net assets

  -23.6%

  -£135,916,470 → -£167,982,185

• Employees

  +7.7%

  39 → 42

• Operating profit

  +11%

  -£40,298,906 → -£35,877,150

• Profit before tax

  +16.9%

  -£55,484,050 → -£46,134,643

• Wages

  +11.1%

  £4,074,575 → £4,527,056

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