west ham united football club limited

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west ham united football club limited Company Information

Share WEST HAM UNITED FOOTBALL CLUB LIMITED

Company Number

00066516

Shareholders

west ham united ltd

Group Structure

View All

Industry

Activities of sport clubs

 

Registered Address

london stadium, queen elizabeth olympic park, london, e20 2st, E13 9AZ

west ham united football club limited Estimated Valuation

£696.3m

Pomanda estimates the enterprise value of WEST HAM UNITED FOOTBALL CLUB LIMITED at £696.3m based on a Turnover of £268.2m and 2.6x industry multiple (adjusted for size and gross margin).

west ham united football club limited Estimated Valuation

£404.9m

Pomanda estimates the enterprise value of WEST HAM UNITED FOOTBALL CLUB LIMITED at £404.9m based on an EBITDA of £56.3m and a 7.19x industry multiple (adjusted for size and gross margin).

west ham united football club limited Estimated Valuation

£0

Pomanda estimates the enterprise value of WEST HAM UNITED FOOTBALL CLUB LIMITED at £0 based on Net Assets of £-108.4m and 1.77x industry multiple (adjusted for liquidity).

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West Ham United Football Club Limited Overview

West Ham United Football Club Limited is a live company located in london, E13 9AZ with a Companies House number of 00066516. It operates in the activities of sport clubs sector, SIC Code 93120. Founded in July 1900, it's largest shareholder is west ham united ltd with a 100% stake. West Ham United Football Club Limited is a mature, mega sized company, Pomanda has estimated its turnover at £268.2m with healthy growth in recent years.

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West Ham United Football Club Limited Health Check

Pomanda's financial health check has awarded West Ham United Football Club Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £268.2m, make it larger than the average company (£385.6k)

£268.2m - West Ham United Football Club Limited

£385.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 12%, show it is growing at a slower rate (15.6%)

12% - West Ham United Football Club Limited

15.6% - Industry AVG

production

Production

with a gross margin of 59%, this company has a comparable cost of product (59%)

59% - West Ham United Football Club Limited

59% - Industry AVG

profitability

Profitability

an operating margin of -11% make it less profitable than the average company (-0.6%)

-11% - West Ham United Football Club Limited

-0.6% - Industry AVG

employees

Employees

with 881 employees, this is above the industry average (19)

881 - West Ham United Football Club Limited

19 - Industry AVG

paystructure

Pay Structure

on an average salary of £180.5k, the company has a higher pay structure (£22.2k)

£180.5k - West Ham United Football Club Limited

£22.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £304.4k, this is more efficient (£52.5k)

£304.4k - West Ham United Football Club Limited

£52.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 17 days, this is later than average (13 days)

17 days - West Ham United Football Club Limited

13 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 32 days, this is quicker than average (38 days)

32 days - West Ham United Football Club Limited

38 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 9 days, this is less than average (16 days)

9 days - West Ham United Football Club Limited

16 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (60 weeks)

4 weeks - West Ham United Football Club Limited

60 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 127.7%, this is a higher level of debt than the average (40.7%)

127.7% - West Ham United Football Club Limited

40.7% - Industry AVG

WEST HAM UNITED FOOTBALL CLUB LIMITED financials

EXPORTms excel logo

West Ham United Football Club Limited's latest turnover from May 2024 is £268.2 million and the company has net assets of -£108.4 million. According to their latest financial statements, West Ham United Football Club Limited has 881 employees and maintains cash reserves of £33 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Turnover268,201,000235,361,000251,791,000192,096,000138,622,000190,695,000175,346,000183,340,000142,063,000120,747,000114,852,00089,815,00046,165,00080,544,00071,741,000
Other Income Or Grants
Cost Of Sales110,043,44395,858,065108,656,12575,237,12450,947,43772,737,34466,885,49475,679,84963,327,70454,610,06156,280,98344,821,21924,303,48838,243,63130,518,505
Gross Profit158,157,557139,502,935143,134,875116,858,87687,674,563117,957,656108,460,506107,660,15178,735,29666,136,93958,571,01744,993,78121,861,51242,300,36941,222,495
Admin Expenses187,599,557155,422,935122,996,875151,928,876172,217,563154,650,656115,496,50687,618,15181,692,29660,730,93944,686,01743,940,78143,423,51250,071,36959,570,495
Operating Profit-29,442,000-15,920,00020,138,000-35,070,000-84,543,000-36,693,000-7,036,00020,042,000-2,957,0005,406,00013,885,0001,053,000-21,562,000-7,771,000-18,348,000
Interest Payable13,341,00019,025,0007,624,0008,652,0005,165,0004,187,0003,711,0005,047,0006,113,0005,668,0005,123,0004,742,0003,214,0002,697,0003,774,000
Interest Receivable5,013,000579,00092,0005,00031,00047,00024,00065,00077,000145,000154,0007,0009,00024,00031,000
Pre-Tax Profit58,543,000-17,386,00013,315,000-26,133,000-64,744,000-28,180,00019,215,00043,479,000-4,876,0002,998,00010,345,000-3,511,000-23,856,000-18,565,000-21,485,000
Tax1,217,000-1,748,000397,000925,000-932,000-438,000
Profit After Tax58,543,000-16,169,00011,567,000-25,736,000-64,744,000-27,255,00018,283,00043,041,000-4,876,0002,998,00010,345,000-3,511,000-23,856,000-18,565,000-21,485,000
Dividends Paid
Retained Profit58,543,000-16,169,00011,567,000-25,736,000-64,744,000-27,255,00018,283,00043,041,000-4,876,0002,998,00010,345,000-3,511,000-23,856,000-18,565,000-21,485,000
Employee Costs159,040,000135,343,000134,397,000128,451,000129,949,000135,796,000106,634,00095,045,00084,633,00072,715,00063,880,00056,220,00041,645,00055,704,00053,647,000
Number Of Employees881790726652582542435399618591609580586702786
EBITDA*56,299,00051,826,00072,067,00025,416,000-22,101,000-21,520,00035,824,00066,899,00032,933,00028,206,00032,699,00016,090,000-10,704,0009,910,000-553,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Tangible Assets26,843,00024,454,00025,073,00025,887,00023,589,00024,011,00020,980,00023,378,00046,747,00043,080,00040,932,00040,852,00041,160,00072,979,00075,545,000
Intangible Assets213,949,000218,738,000107,383,00094,127,000147,091,000127,421,00078,473,00086,437,00063,178,00054,621,00039,030,00024,479,00017,924,00014,705,00026,628,000
Investments & Other
Debtors (Due After 1 year)57,296,00022,823,00013,964,00016,899,00017,473,00017,586,00024,037,00014,722,00029,000
Total Fixed Assets298,088,000266,015,000146,420,000136,913,000188,153,000169,018,000123,490,000124,537,000109,925,00097,701,00079,962,00065,331,00059,084,00087,684,000102,202,000
Stock & work in progress2,895,0002,475,0001,341,0001,369,0001,765,0002,903,0002,297,0002,289,000358,000312,000662,000782,0002,080,000431,000241,000
Trade Debtors12,656,0005,753,0004,153,0008,676,0003,119,0001,387,000925,0001,860,0001,369,0003,729,0002,394,0002,408,0002,010,000824,0002,007,000
Group Debtors5,027,0003,532,0002,234,0001,514,000388,000
Misc Debtors39,242,00022,843,00021,104,00030,299,00015,387,00029,266,00026,948,00029,523,00018,657,00011,052,0009,738,0007,085,0005,090,0006,836,0004,516,000
Cash33,046,00035,122,00096,483,00019,969,00014,646,00012,521,00030,538,00030,046,00027,683,00022,414,00018,075,00013,478,0001,854,0003,258,00011,273,000
misc current assets
total current assets92,866,00069,725,000125,315,00061,827,00035,305,00046,077,00060,708,00063,718,00048,067,00037,507,00030,869,00023,753,00011,034,00011,349,00018,037,000
total assets390,954,000335,740,000271,735,000198,740,000223,458,000215,095,000184,198,000188,255,000157,992,000135,208,000110,831,00089,084,00070,118,00099,033,000120,239,000
Bank overdraft
Bank loan64,100,00021,250,00010,000,00030,000,00044,764,00024,500,00020,500,00041,077,0005,000,0004,500,0003,500,000
Trade Creditors 9,712,0004,765,0004,755,0001,805,0001,931,0003,531,0004,661,0002,904,0004,448,0002,401,0002,641,0002,489,0003,886,0003,032,0002,219,000
Group/Directors Accounts212,660,000212,660,000212,660,00098,570,00068,589,00068,589,00068,589,00059,654,00059,654,00059,655,00059,655,000108,899,00063,199,00062,982,00060,775,000
other short term finances1,202,00049,200,00012,000,00012,000,000
hp & lease commitments338,000667,000
other current liabilities174,258,000125,170,000103,490,000122,795,000123,847,00097,232,00073,840,00083,965,00081,221,00057,379,00052,419,00043,516,00036,623,00030,223,00033,154,000
total current liabilities396,630,000342,595,000320,905,000224,372,000258,467,000190,602,000157,090,000176,523,000239,287,000143,935,000135,215,000195,981,000108,708,000113,075,000112,315,000
loans611,00055,611,00055,611,00099,611,00045,961,00047,561,00045,611,00045,611,000611,00064,576,00071,076,000611,00064,018,00024,706,00025,156,000
hp & lease commitments338,000
Accruals and Deferred Income831,0002,695,000
other liabilities92,596,00091,092,00047,580,00039,677,00055,633,00044,767,00028,154,00027,208,00020,113,00023,762,0009,594,0008,231,0009,758,00023,604,00023,432,000
provisions9,478,00015,998,0001,026,00034,0006,232,00010,256,0004,179,0007,407,0009,516,0009,594,0004,828,0005,319,0002,620,000364,000454,000
total long term liabilities102,685,000162,701,000104,217,000139,322,000107,826,000102,584,00077,944,00080,226,00030,240,00097,932,00086,329,00014,161,00076,396,00048,674,00052,075,000
total liabilities499,315,000505,296,000425,122,000363,694,000366,293,000293,186,000235,034,000256,749,000269,527,000241,867,000221,544,000210,142,000185,104,000161,749,000164,390,000
net assets-108,361,000-169,556,000-153,387,000-164,954,000-142,835,000-78,091,000-50,836,000-68,494,000-111,535,000-106,659,000-110,713,000-121,058,000-114,986,000-62,716,000-44,151,000
total shareholders funds-108,361,000-169,556,000-153,387,000-164,954,000-142,835,000-78,091,000-50,836,000-68,494,000-111,535,000-106,659,000-110,713,000-121,058,000-114,986,000-62,716,000-44,151,000
May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Operating Activities
Operating Profit-29,442,000-15,920,00020,138,000-35,070,000-84,543,000-36,693,000-7,036,00020,042,000-2,957,0005,406,00013,885,0001,053,000-21,562,000-7,771,000-18,348,000
Depreciation2,252,0002,440,0003,104,0002,731,0002,586,0002,061,0001,839,0001,463,0001,474,0001,208,000871,0001,199,0001,084,0003,136,0003,240,000
Amortisation83,489,00065,306,00048,825,00057,755,00059,856,00013,112,00041,021,00045,394,00034,416,00021,592,00017,943,00013,838,0009,774,00014,545,00014,555,000
Tax1,217,000-1,748,000397,000925,000-932,000-438,000
Stock420,0001,134,000-28,000-396,000-1,138,000606,0008,0001,931,00046,000-350,000-120,000-1,298,0001,649,000190,000241,000
Debtors59,270,00013,496,000-15,933,00021,021,000-11,872,000-3,671,0005,805,00026,079,0005,245,0002,649,0002,639,0002,393,000-560,0001,108,0006,552,000
Creditors4,947,00010,0002,950,000-126,000-1,600,000-1,130,0001,757,000-1,544,0002,047,000-240,000152,000-1,397,000854,000813,0002,219,000
Accruals and Deferred Income49,088,00021,680,000-19,305,000-1,052,00026,615,00023,392,000-10,125,0002,744,00023,842,0004,129,0009,734,0006,893,0006,400,000-5,626,00035,849,000
Deferred Taxes & Provisions-6,520,00014,972,000992,000-6,198,000-4,024,0006,077,000-3,228,000-2,109,000-78,0004,766,000-491,0002,699,0002,256,000-90,000454,000
Cash flow from operations44,124,00075,075,00070,917,000-2,188,00011,900,00010,809,00017,483,00037,542,00053,453,00034,562,00039,575,00023,190,000-2,283,0003,709,00031,176,000
Investing Activities
capital expenditure-83,341,000-178,482,000-64,371,000-9,820,000-81,690,000-67,152,000-32,498,000-46,747,000-48,114,000-40,539,000-33,445,000-21,284,00017,742,000-3,192,000-119,968,000
Change in Investments
cash flow from investments-83,341,000-178,482,000-64,371,000-9,820,000-81,690,000-67,152,000-32,498,000-46,747,000-48,114,000-40,539,000-33,445,000-21,284,00017,742,000-3,192,000-119,968,000
Financing Activities
Bank loans-64,100,00042,850,00011,250,000-20,000,000-14,764,00020,264,0004,000,000-20,577,00036,077,000500,0001,000,0003,500,000
Group/Directors Accounts114,090,00029,981,0008,935,000-1,000-49,244,00045,700,000217,0002,207,00060,775,000
Other Short Term Loans -1,202,0001,202,000-49,200,00049,200,000-12,000,00012,000,000
Long term loans-55,000,000-44,000,00053,650,000-1,600,0001,950,00045,000,000-63,965,000-6,500,00070,465,000-63,407,00039,312,000-450,00025,156,000
Hire Purchase and Lease Commitments-338,000-667,0001,005,000
other long term liabilities1,504,00043,512,0007,903,000-15,956,00010,866,00016,613,000946,0007,095,000-3,649,00014,168,0001,363,000-1,527,000-13,846,000172,00023,432,000
share issue2,652,0003,617,000-625,0001,056,000-2,561,000-28,414,000-22,666,000
interest-8,328,000-18,446,000-7,532,000-8,647,000-5,134,000-4,140,000-3,687,000-4,982,000-6,036,000-5,523,000-4,969,000-4,735,000-3,205,000-2,673,000-3,743,000
cash flow from financing-59,172,00025,066,00069,259,000-253,00046,982,00025,673,000-14,431,000-16,851,000-4,187,0007,201,000-2,962,0009,547,000-17,774,000-411,00099,459,000
cash and cash equivalents
cash-2,076,000-61,361,00076,514,0005,323,0002,125,000-18,017,000492,0002,363,0005,269,0004,339,0004,597,00011,624,000-1,404,000-8,015,00011,273,000
overdraft
change in cash-2,076,000-61,361,00076,514,0005,323,0002,125,000-18,017,000492,0002,363,0005,269,0004,339,0004,597,00011,624,000-1,404,000-8,015,00011,273,000

west ham united football club limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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West Ham United Football Club Limited Competitor Analysis

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Perform a competitor analysis for west ham united football club limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other mega companies, companies in E13 area or any other competitors across 12 key performance metrics.

west ham united football club limited Ownership

WEST HAM UNITED FOOTBALL CLUB LIMITED group structure

West Ham United Football Club Limited has 1 subsidiary company.

Ultimate parent company

2 parents

WEST HAM UNITED FOOTBALL CLUB LIMITED

00066516

1 subsidiary

WEST HAM UNITED FOOTBALL CLUB LIMITED Shareholders

west ham united ltd 100%

west ham united football club limited directors

West Ham United Football Club Limited currently has 12 directors. The longest serving directors include Mr David Sullivan (Jan 2010) and Baroness Karren Brady (Jan 2010).

officercountryagestartendrole
Mr David Sullivan76 years Jan 2010- Director
Baroness Karren Brady55 years Jan 2010- Director
Mr Andrew MollettUnited Kingdom64 years Dec 2012- Director
Ms Tara WarrenEngland46 years Jul 2015- Director
Mr J SmithUnited States59 years Sep 2017- Director
Mr Daniel CunninghamEngland47 years Jan 2021- Director
Mr David SullivanUnited Kingdom27 years Jan 2021- Director
Mr Peter MitkaEngland57 years Nov 2021- Director
Mr Marek SpurnyUnited Kingdom50 years Nov 2021- Director
Mr Jack SullivanUnited Kingdom25 years Nov 2021- Director

P&L

May 2024

turnover

268.2m

+14%

operating profit

-29.4m

+85%

gross margin

59%

-0.51%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

May 2024

net assets

-108.4m

-0.36%

total assets

391m

+0.16%

cash

33m

-0.06%

net assets

Total assets minus all liabilities

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west ham united football club limited company details

company number

00066516

Type

Private limited with Share Capital

industry

93120 - Activities of sport clubs

incorporation date

July 1900

age

125

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

May 2024

previous names

west ham united football club plc (February 2010)

west ham united plc (February 1998)

accountant

-

auditor

PRICEWATERHOUSECOOPERS LLP

address

london stadium, queen elizabeth olympic park, london, e20 2st, E13 9AZ

Bank

BARCLAYS BANK PLC

Legal Advisor

-

west ham united football club limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 45 charges/mortgages relating to west ham united football club limited. Currently there are 4 open charges and 41 have been satisfied in the past.

west ham united football club limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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west ham united football club limited Companies House Filings - See Documents

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