NSWE UK LIMITED
Operating as a subsidiary of V Sports SCS, the company serves as the UK holding entity for Aston Villa Football Club under the ownership of Nassef Sawiris and Wesley Edens.
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Cash
£7.7M
-10.9% lowest in 3 filed years
Net assets
£242M
-1.2% vs 2024
Employees
1,223
+15.3% highest in 3 filed years
Profit before tax
-£97M
-13.6% vs 2024
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-06-30
| Metric | Trend | 2023-05-31 | 2024-06-30 | 2025-06-30 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £217,694,000 | £275,695,000 | £378,132,000 | +37.2% | |
| Operating profit | -£139,487,000 | -£143,696,000 | -£139,045,000 | +3.2% | |
| Profit before tax | -£120,309,000 | -£85,165,000 | -£96,710,000 | -13.6% | |
| Net profit | -£119,648,000 | -£85,165,000 | -£96,817,000 | -13.7% | |
| Cash | £10,547,000 | £8,671,000 | £7,722,000 | -10.9% | |
| Total assets less current liabilities | £226,503,000 | £328,589,000 | £412,522,000 | +25.5% | |
| Net assets | £179,204,000 | £245,209,000 | £242,379,000 | -1.2% | |
| Equity | £179,204,000 | £245,209,000 | £242,379,000 | -1.2% | |
| Average employees | 1,026 | 1,061 | 1,223 | +15.3% | |
| Wages | £168,892,000 | £218,624,000 | £237,846,000 | +8.8% | |
| Directors' remuneration | £1,121,000 | £662,000 | — | — |
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 | 2023-05-31 | 2024-06-30 | 2025-06-30 |
|---|---|---|---|---|
| Operating margin | -64.1% | -52.1% | -36.8% | |
| Net margin | -55.0% | -30.9% | -25.6% | |
| Return on capital employed | -61.6% | -43.7% | -33.7% | |
| Gearing (liabilities / total assets) | — | 55.7% | 63.0% | |
| Current ratio | 0.63x | 0.68x | 0.92x | |
| Interest cover | -34.20x | -22.21x | -6.97x |
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.
Name history
Renamed 2 times since incorporation
- NSWE UK LIMITED 2019-10-09 → present
- RECON GROUP UK LIMITED 2017-07-13 → 2019-10-09
- RECON SPORTS LTD 2016-05-12 → 2017-07-13
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the above, the directors have not identified a material uncertainty that may give rise to asignificant doubt over the ability of the Company and Group to continue as a going concern.”
Group structure
- NSWE UK LIMITED · parent
- NSWE Sports Limited 100%
- 1874 Developments Limited 100%
- NSWE Holdings Limited 100%
- NSWE Stadium Limited 100%
- Aston Villa Limited 100%
- Aston Villa Football Club Limited 100%
- Aston Villa FC Limited 100%
- Aston Villa Women's Football Club Limited 100%
- Aston Villa Foundation
- Aston Villa Social Enterprise CIC 100%
- Aston Villa Venue Company Limited 100%
Significant events
- “During the year, the Group completed two strategic internal corporate transfers to NSWE Holdings: Aston Villa Women's Football Club and Aston Villa Venue Company Limited”
- “In addition, the Club was granted planning approval for the redevelopment of the North Stand. This transformational project will deliver a significantly enhanced Villa Park, with the new North Stand scheduled to be completed ahead of UEFA Euro 2028.”
- “On 19 May 2025, the Group undertook an internal reorganisation of its structure in relation to NSWE Stadium Limited.”
- “On 30 August 2024 the Company issued 43,987,055 Ordinary shares with a nominal value of £1.00 at par.”
- “On 3 October 2024 the Company issued a further 50,000,000 Ordinary shares with a nominal value of £1.00 at par.”
- “On 19 May 2025, the Company issued a further 2 Ordinary shares with a nominal value of £1.00 at par.”
- “Since the reporting date various players registrations have been bought and sold.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SCHUURMANS, Bjorn | Secretary | 2024-04-16 | — | — |
| ANGELAKIS, Michael | Director | 2024-04-12 | Apr 1964 | American |
| EDENS, Wesley Robert | Director | 2018-07-25 | Oct 1961 | American |
| HALL, Chester | Director | 2024-04-12 | Mar 1986 | American |
| LEBADA, Bashir | Director | 2024-04-12 | Nov 1983 | Canadian |
| SAWIRIS, Nassef | Director | 2018-07-25 | Jan 1961 | Belgian |
| WATTERSON, Sarah Louise | Director | 2024-04-12 | Aug 1987 | American |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GORRIE WHITSON SECRETARIAL SERVICES LIMITED | Corporate Secretary | 2016-05-12 | 2016-11-04 |
| BANFILL, Jamie | Director | 2016-05-27 | 2016-06-16 |
| HITCHINS, Alan John Frank | Director | 2016-05-12 | 2016-05-27 |
| PURSLOW, Christian Mark Cecil | Director | 2018-09-14 | 2023-06-12 |
| SAMUELSON, Christopher Richard Leney | Director | 2016-07-20 | 2016-08-01 |
| SAMUELSON, Christopher Richard Leney | Director | 2016-05-27 | 2016-06-16 |
| WYNESS, Keith | Director | 2016-07-20 | 2016-08-01 |
| WYNESS, Keith | Director | 2016-05-27 | 2016-06-16 |
| XIA, Jian Tong | Director | 2016-05-27 | 2019-08-02 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Wesley Robert Edens | Individual | Shares 25–50%, Voting 25–50% | 2018-07-25 | Active |
| Mr Nassef Sawiris | Individual | Shares 25–50% (as trust), Voting 25–50% (as trust) | 2018-07-20 | Active |
| Mr Jiantong Xia | Individual | Shares 25–50%, Voting 25–50% | 2016-07-01 | Ceased 2018-12-05 |
Filing timeline
Last 20 of 114 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-12-06 MA Memorandum articles
- 2024-12-06 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-04 | AA | accounts | Accounts with accounts type group | |
| 2025-11-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-22 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-08-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-07-22 | CH01 | officers | Change person director company with change date | |
| 2025-05-28 | SH01 | capital | Capital allotment shares | |
| 2025-04-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-04-03 | AA | accounts | Accounts with accounts type group | |
| 2025-04-01 | CH01 | officers | Change person director company with change date | |
| 2024-12-06 | MA | incorporation | Memorandum articles | |
| 2024-12-06 | RESOLUTIONS | resolution | Resolution | |
| 2024-11-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-10-08 | SH01 | capital | Capital allotment shares | |
| 2024-09-05 | SH01 | capital | Capital allotment shares | |
| 2024-08-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-04-29 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-04-15 | CH01 | officers | Change person director company with change date | |
| 2024-04-15 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-15 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-15 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 3
- Officers appointed
- 0
- 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.