THE READING FOOTBALL CLUB LIMITED
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Cash
£267K
-62.7% vs 2024
Net assets
-£94M
-4.3% vs 2024
Employees
284
-9.3% vs 2024
Profit before tax
-£3.9M
+70.3% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
-
Negative shareholders' funds
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-06-30
| Metric | Trend | 2024-06-30 | 2025-06-30 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £10,001,548 | £9,805,651 | -2% | |
| Operating profit | -£12,977,956 | -£3,761,188 | +71% | |
| Profit before tax | -£13,064,437 | -£3,882,035 | +70.3% | |
| Net profit | -£13,064,437 | -£3,882,035 | +70.3% | |
| Cash | £716,377 | £267,164 | -62.7% | |
| Total assets less current liabilities | -£89,675,456 | £37,026,663 | +141.3% | |
| Net assets | -£89,686,441 | -£93,568,476 | -4.3% | |
| Equity | — | — | — | |
| Average employees | 313 | 284 | -9.3% | |
| Wages | £14,246,943 | £11,031,245 | -22.6% | |
| Directors' remuneration | £298,967 | £307,324 | +2.8% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-06-30 | 2025-06-30 |
|---|---|---|---|
| Operating margin | -129.8% | -38.4% | |
| Net margin | -130.6% | -39.6% | |
| Return on capital employed | — | -10.2% | |
| Gearing (liabilities / total assets) | 297.3% | 322.1% | |
| Current ratio | 0.04x | 0.46x | |
| Interest cover | — | -27.21x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- BK Plus Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Club has a history of operating losses and remains dependent on the ongoing financial support of its principal shareholders. The principal shareholders have confirmed their intention to continue to support the Club financially, as required, for a period of at least 12 months from the date of approval of these financial statements, thereby ensuring that the Club is able to meet its liabilities as they fall due.”
Group structure
- THE READING FOOTBALL CLUB LIMITED · parent
- Reading Women's Football Club Limited 100%
- RFC Bearwood Limited 100%
Significant events
- “The Group was acquired by new ownership on 14 May 2025. The new owners are committed to supporting the club.”
- “Since the year-end, the company has acquired three players' registrations other than free transfers (2024: No players). The total fees paid under the terms of the three transfers to date is £761,250 (2024: £nil).”
- “Since the year-end, the company has disposed of three players' registrations other than free transfers. The total fees received under the terms of the transfers to date is £1,800,000.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 22 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BOYCE, Crispin John | Secretary | 2025-07-01 | — | — |
| COUHIG, Robert Emmet | Director | 2025-05-14 | Apr 1949 | American |
| LUNDBERG, Alec | Director | 2025-05-14 | Jan 1982 | American |
| TROSCLAIR, Todd Patrick | Director | 2025-05-14 | Dec 1958 | American |
Show 22 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOUCHER, John Francis Charles | Secretary | 1993-07-20 | 1994-09-16 |
| LEWIS, Michael John | Secretary | — | 1993-07-20 |
| ODELL, Graham Peter | Secretary | 2023-04-19 | 2025-06-30 |
| STABLER, Bryan | Secretary | 1994-09-16 | 2023-04-14 |
| DAI, Yongge | Director | 2017-05-17 | 2025-05-14 |
| DENTON, Graham John | Director | — | 1996-05-16 |
| GOURLAY, Ronald | Director | 2017-07-31 | 2018-11-14 |
| HAWKEN, Xiu Li | Director | 2017-05-17 | 2025-05-14 |
| HOWE, Nigel | Director | 2012-05-24 | 2021-07-06 |
| LEWIS, Michael John | Director | — | 1994-09-16 |
| MADEJSKI, Robert John, Sir | Director | — | 2017-08-08 |
| NEWLAND, Nicholas John | Director | 1996-05-16 | 1996-12-19 |
| NIRUTTINANON, Narin | Director | 2014-09-22 | 2025-05-14 |
| OBOLENSKY, Andrew | Director | 2012-05-24 | 2014-06-02 |
| PANG, Dayong | Director | 2020-10-15 | 2025-05-14 |
| PIAMPHONGSARN, Theekharoj | Director | 2014-09-22 | 2017-05-17 |
| SAMUELSON, Christopher Richard Leney | Director | 2012-05-24 | 2014-06-02 |
| SRISUMRID, Taweesuk Jack | Director | 2014-09-22 | 2017-05-17 |
| SRIVIKORN, Sasima | Director | 2014-09-22 | 2017-05-17 |
| THANAKARNJANASUTH, Sumrith | Director | 2014-09-22 | 2017-05-17 |
| WOOD SMITH, Ian Michael | Director | 1994-09-16 | 2016-04-30 |
| ZINGAREVICH, Anton Borisovich | Director | 2012-05-24 | 2014-02-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Redwood Holdings 1 Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-05-14 | Active |
| Renhe Sports Management Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors (as firm) | 2016-04-06 | Ceased 2025-05-14 |
| Reading Asia Holdings Limited | Corporate entity | Shares 75–100% (as firm), Voting 75–100% (as firm), Appoints directors (as firm) | 2016-04-06 | Ceased 2017-05-16 |
Filing timeline
Last 20 of 265 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-08-01 MA Memorandum articles
- 2025-08-01 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-30 | AA | accounts | Accounts with accounts type group | |
| 2025-12-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-08-01 | MA | incorporation | Memorandum articles | |
| 2025-08-01 | RESOLUTIONS | resolution | Resolution | |
| 2025-07-30 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-07-01 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-07-01 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-05-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-05-19 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-05-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-15 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-05-15 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-05-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-15 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-15 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-15 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-15 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-06 | AA | accounts | Accounts with accounts type full | |
| 2025-03-25 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.