Walsall finances
Walsall has £11m of net debt as of their 2023/24 accounts.
Filed as WALSALL FOOTBALL CLUB,LIMITED(THE). League Two. Latest accounts 2023/24.
Multi-year picture
| Year ended | Wages | Turnover | P&L | Cash | Net assets |
|---|---|---|---|---|---|
| 2024/25 latest | £5.9m | £8.2m | -£2.0m | £3k | £2.5m |
| 2023/24 | £5.1m | £6.7m | -£1.8m | £3k | £4.5m |
Player trading
- Gross spend on signings (this year)£28k
- Amortisation charge (this year)£63k
- Squad book value (intangibles NBV)£23k
In football accounting, "intangible assets" = player registrations. Amortisation is the contract cost spread over the years remaining.
Wage breakdown
- Wages & salaries£4.6m
- Social security (employer NI)£357k
- Pension contributions£59k
- Key management pay (directors)£198k
- Highest paid director£131k
HMRC exposure
- Tax & social security owed at year-end£265k
Unusually large HMRC balances at year-end can signal cash pressure. Most clubs file PAYE monthly, so a multi-million sum sitting unpaid is a flag.
Debt breakdown
- Bank borrowings & overdrafts£3.6m
- Director loans£956k
- Group / owner loans£3.0m
- Outstanding charges (loans secured against assets)3
Ownership
Persons with significant control (>25% as filed at CH): Benjamin Albert Boycott | Kenneth Howell Polk
Registered office: Pallet-Track Bescot Stadium, Bescot Crescent, Walsall, WS1 4SA
Incorporated: 1920-12-11
Recent filings
- 2026-05-27 confirmation-statement confirmation-statement-with-updates
- 2026-04-24 persons-with-significant-control change-to-a-person-with-significant-control
- 2026-04-23 officers change-person-director-company-with-change-date
- 2026-04-23 persons-with-significant-control notification-of-a-person-with-significant-control
- 2026-04-23 persons-with-significant-control notification-of-a-person-with-significant-control
- 2026-04-23 persons-with-significant-control withdrawal-of-a-person-with-significant-control-statement
- 2026-03-02 accounts accounts-with-accounts-type-full
- 2025-11-04 officers appoint-person-director-company-with-name-date
- 2025-11-04 officers appoint-person-director-company-with-name-date
- 2025-10-07 officers change-person-director-company-with-change-date
Source
Parsed automatically from WALSALL FOOTBALL CLUB,LIMITED(THE)'s inline XBRL accounts at Companies House. Filed as: Prior-year comparative (from accounts-with-accounts-type-full). Period ended 2024-05-31, accounts filed —.