GAMECHANGER 20 LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

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

Ensors

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. GAMECHANGER 20 LIMITED · parent
   1. Ipswich Town Stadium Company Limited 99.13% · England and Wales · Dormant company
   2. Ipswich Town Finance Company Limited 99.13% · England and Wales · Dormant company
   3. Ipswich Town Property Company Limited 99.13% · England and Wales · Dormant company
   4. Ipswich Town Football Club Company Limited 99.13% · England and Wales · Operation of sports facilities
   5. Paradigm Sports Intelligence Limited 100% · England and Wales · Data processing activities
   6. GC 20 Property Limited 100% · England and Wales · Dormant company
   7. Ipswich Town Women's Football Club Limited 100% · England and Wales · Operation of sports facilities

Significant events

• “Player movements: Since the year end, the group has completed net player registration movements resulting in a net expenditure of £5,740,000. This figure represents transfer fees and applicable levies after taking into account player acquisitions and disposals. Additional contingent amounts of up to approximately £13,850,000 may become payable should certain performarice or contractual criteria be met.”
• “Investment in subsidiaries: Since the year end the company has invested a further £57,000,000 in the share capital of Ipswich Town Football Club.”
• “Share capital changes: Since the year end 2 growth shares were re-designated as deferred shares and purchased for cancellation by the company. The 96 remaining growth shares have subsequently been re-designated as Non-Voting Fixed Shares which carry a preferential entitlement to future dividends up to a fixed amount.”
• “New debt facility: Since the year end term and variable loan notes have been issued, with a total commitment by the purchaser of up to £100,000,000 and maturity in December 2029. The balance of note funding drawn down by the company since the year end is £57,714,000.”
• “Group re-organisation: Since the year end, the company has transferred its investments in subsidiaries at book value to a newly incorporated subsidiary.”
• “Capital restructure and dividend: As discussed in note 31, since the year end Portman Holdings LLC became the largest shareholder, As part of this capital restructure there has been a capital reduction of £62,580,000 and dividend declared of £6,000,000.”
• “Investment in property, plant and equipment: Since the year the group has invested significantly in tangible fixed assets, particularly in relation to the training ground and other property improvements, with a total spend of around £35.5m.”

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

Filings

20

last 12 months

Capital events

4

last 24 months

Officers appointed

6

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.