Companies House

  • Worcester Report £8m Loss For 2016-17

    Worcester Warriors have reported to Companies House that their pre-tax loss for last season (year end 30th June 2017) was £8.1m on despite increased revenue of almost £1m. The Premiership club had reported a pre-tax profit for WRFC Trading Ltd of £14.3m the previous year due to shareholders writing off more than £20.4m of accumulated debt. Warriors bought the freehold on the 50-acre Sixways site from the old Worcester Rugby Club, and have been reportedly valued at £26.7m. Former owner Cecil...

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  • Blues Remain In The Red

    Cardiff Blues submitted their latest set of accounts to Companies House this week, revealing that the region made a pre-tax loss of £238,552 in the year ending 31 May 2014. That is an improvement on the £259,450 loss made the previous year and the region increased its turnover by six per cent to £7,952,552 in the space of 12 months. In the year ending 30 May 2012 the Blues made a major pre-tax loss of £3.8 million but a combination of their return to the BT Sport Cardiff Arms Park, a 25 per...

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  • Dragons Report Increased Turnover For Last Season

    Newport Rugby Football Club Ltd, the holding company for Dragons Rugby Ltd and Rodney Parade Ltd, has posted a pre-tax profit of £184k with Companies House for the year ending May 31 2015 from a greatly increased turnover of £7.85m. That is an increase in turnover of £1.5m from the previous year. The 2014/15 season was the first year of the new funding agreement between the WRU and the regions. Subsidiary company Rodney Parade Ltd showed an operating loss of just less than £200k and Dragons...

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  • Scarlets Accounts Three Months Late As Davies Departs WRU Board

    ... delay. The region has made a decision not to comply with a legal obligation to file its accounts because of uncertainty over future funding arrangements, according to Wales Online. Accounts for the year ending 30 June 2013 should have been filed with Companies House by the end of March and are now more than three months late. Companies more than three months late in filing their accounts are subject to a £750 penalty. Meanwhile, Wales and British and Irish Lions legend Gerald Davies has announ...

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  • Mud House Sponsors Lions Tour

    Mud House Wines has signed up as the latest sponsor of the British & Irish Lions tour to New Zealand in 2017 and is planning to activate a £2m support campaign in the UK. Mud House, which has grown to become the fifth largest New Zealand wine in the UK, is owned by the UK’s largest wine supplier Accolade Wines and CEO Paul Schaafsma is delighted to be supporting the next Lions tour. “The British Lions is the biggest rugby game in the world, and Mud House and the Lions down in New Zealan...

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  • Tigers Post £1.3m Pre-Tax Loss

    Leicester Tigers have submitted their latest set of financial accounts to Companies House, revealing a £1.3 million loss for the year ending 30 June 2015. The East Midlands giants increased their turnover by four per cent to £20.2 million from the previous financial year but made a pre-tax loss of £1.3 million rather than the £115,000 profit in the year ending 30 June 2014. That leaves Northampton, Exeter and Gloucester as the only Aviva Premiership clubs making a profit in the latest set of...

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  • Bath Complete Purchase of Lambridge

    Bath Rugby have confirmed it has now completed the purchase of the Lambridge Training Ground. The sale of Lambridge to Bath Rugby by Bath Football Club Trustees Ltd (for an undisclosed sum), is a significant milestone for the professional club, which had been leasing the site from the former owners since 1997. In April 2010, it was announced that Bath would be moving their training facilities from Labridge to Farleigh House (pictured above).  It is reported that Bath's owner Bruce Craig purcha...

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  • Falcons CEO Varley Steps Down

    ... a year in charge at the club. Varley took up the role in January this year but has now left his role as director and company secretary of Newcastle Rugby Limited. Varley is also the managing director of Carillion Energy Services and information from Companies House shows that the relevant documents were filed on November 11. A spokesperson for the club told Running Rugby: “We thank Paul for his work and wish him all the very best for the future.” Speaking to the Journal newspaper in Newca...

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  • Falcons' Revenue Grows By 24%

    Newcastle Falcons have revealed that revenue has increased by 24 per cent to £7.6m and the club's losses have been reduced to £2.2m in the year to June 2015. The club endured losses of £3.6m in 2014-15. Accounts submitted to Companies House show that Newcastle Rugby Ltd, which oversees the Falcons and the Thunder rugby league team, increased its playing and coaching staff from 71 to 77 in the accounting period, though overall staffing remained the same at 246. The company’s wage bill ros...

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  • Raging Bull Gets Fresh Investment

    The rugby leisurewear brand Raging Bull has attracted new investment in the form of two former House of Fraser senior executives John King and Stefan Cassar. The label, which was launched by ex-England international Phil Vickery MBE in 2007, has grown its turnover to £5 million in the past few years and now a consortium including former House of Fraser CEO John King and former CFO Stefan Cassar have come on board. The brand is primarily sold in department stores and online at present and has be...

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