Nottingham Forest Football Club Limited
Registered name: NOTTINGHAM FOREST FOOTBALL CLUB LIMITED
Part of NF Football Investments Limited groupNottingham Forest Football Club Limited made £222m revenue and a £78.9m loss in the year to 30 Jun 2025. read from filing text
Nottingham Forest Football Club Limited’s revenue grew 17% to £222m in the year to 30 Jun 2025, with a loss of £78.9m and 337 employees. The company is classified under “activities of sport clubs” and is based in West Bridgford; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- West Bridgford, East Midlands
- Age
- 44 yrs · since 1982
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “Nottingham Forest Football Club Limited is a wholly owned subsidiary of NF Football Investments Limited.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2022 | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £29.7m | £155m | £190m | £222m |
| Cost of sales | £5.5m | £11.2m | £12.6m | £15.2m |
| Gross profit | £24.2m | £144m | £177m | £207m |
| Operating profit | −£49.5m | −£59.6m | −£73.3m | −£64.9m |
| Profit before tax | −£46.2m | −£67.2m | £12.1m | −£78.9m |
| Profit after tax | −£45.6m | −£67.2m | £12.1m | −£78.9m |
| Profit (best available) | −£45.6m | −£67.2m | £12.1m | −£78.9m |
| Staff costs | £58.6m | £145m | £166m | £167m |
| Employees (average) | 211 | 254 | 294 | 337 |
| Ratios | ||||
| Profit margin | −153.7% | −43.5% | 6.4% | −35.6% |
| Gross margin | 81.4% | 92.8% | 93.3% | 93.1% |
| Revenue per employee | £141k | £609k | £645k | £658k |
| Profit per employee | −£216k | −£265k | £41.2k | −£234k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲421.4% | ▲22.5% | ▲17% |
| Profit growth | — | — | — | ▼752.3% |
| Headcount growth | — | ▲20.4% | ▲15.8% | ▲14.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £6k | £92k | £29k | £13.2m |
| Net assets | −£53.2m | −£109m | −£15.4m | −£5.2m |
| Fixed assets | £18.9m | £153m | £212m | £211m |
| Current assets | £8.6m | £16m | £138m | £89.9m |
| Debtors | £1.1m | £7.1m | £63.2m | £21m |
| Deferred income | £22.8m | £35.7m | £45.9m | £52.1m |
| Source | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2024 | FullAccounts · bulk data Mar 2025 | FullAccounts · bulk data Mar 2026 |
How the business works
- Profit margin
- −35.6%
- Profit ÷ revenue.
- Gross margin
- 93.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £658k
- Revenue ÷ average employees.
- Profit per employee
- −£234k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 95.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 23.5%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9.5%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now −£5.2m
- Cash at bank
- ▲45500%
- Now £13.2m
- Headcount
- ▲15%
- Now 337
- Deferred income
- ▲13%
- Now £52.1m
- Fixed assets
- ▼0%
- Now £211m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- NF Football Investments Limitedultimate parent75–100%
- Nottingham Forest Football Club Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (2)
- Nottingham Forest Netball Club LtdFigures not disclosed
- Nottingham Forest Women’s Football Club LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 30 Jun 2025 (profit −£78.9m), from the Companies House accounts bulk data published Mar 2026. Spotted an error? Request a correction.
Updated from Companies House on 12 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.