LINCOLN CITY HOLDINGS LIMITED

• ◆

  7 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  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. About these numbers

• Turnover

  +21.5%

  £6,976,968 → £8,478,308

• Cash

  -11%

  £1,809,605 → £1,610,285

• Net assets

  +5%

  £4,265,746 → £4,479,081

• Employees

  +48%

  229 → 339

  highest in 3 filed years

• Operating profit

  +3.3%

  -£2,966,569 → -£2,868,011

• Profit before tax

  +3.4%

  -£2,981,079 → -£2,881,002

• Wages

  +7.8%

  £6,179,878 → £6,662,181

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. 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

Wright Vigar Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors and underlying investors have indicated their intention to support the company by providing funding until the end of the current season and beyond if that is necessary. The Directors continue to take a proactive and broad approach to seeking further investment. The Directors have undertaken a review of the business plan and likely cash flow requirements covering a period of at least twelve months from the date of approval of these accounts and have concluded that it is appropriate for the financial statements to be prepared on the going concern basis.”

Group structure

1. LINCOLN CITY HOLDINGS LIMITED · parent
   1. Lincoln City Football Club Limited 92.87% · UK · Football Club

Significant events

• “We were pleased to record our first seven figure player sale with the transfer of academy graduate Jovon Makama to Norwich City in August. Midfielders Ethan Erhahon and Ethan Hamilton were also sold during the summer transfer window.”
• “These player sales will enable a significant reduction in the forecast loss for the 2025/26 year to approximately £2 million.”
• “Ukrainian U21 international midfielder Ivan Varfolomeev was signed from Slovan Liberec in the Czech Republic for the biggest outlay during the summer window, and Ryley Towler and Oscar Thorn were also acquired, from Portsmouth and Colchester United respectively, for low six figure fees.”
• “On 11 December, the board approved a proposal from Ron Fowler which would result in his company Liquid Investments, Inc. increasing its shareholding in Lincoln City Holdings, the controlling shareholder of the football club, above 25% and assume responsibility for the funding of the club for the immediate future.”

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

6

last 24 months

Officers appointed

3

last 12 months

Officers resigned

7

last 12 months

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