BY JOHN DAVIDSON
Huddersfield Giants have published their financial accounts for 2025, revealing their net liabilities have increased to £17,274,788.
The accounts of Huddersfield Giants Limited can be viewed on Companies House. They show that Huddersfield had a £628,133 increase in net liabilities from the previous year’s total of £16.646 million.
During 2025 the Giants’ total short-term creditors grew to £24.744 million, an increase of nearly £3.7 million.
The club’s cash reserves have decreased to £35,573, down from £106,449 in 2024, while its debtors grew to £5.952 million, an increase from £2.231 million.
Last year, Huddersfield’s average staff numbers went down, from 105 to 98, while its fixed asset investments decreased from £2.38 million to £1.73 million.
The accounts do not provide a full profit and loss figure.
During the financial year, related parties injected £3.8 million in fresh loans, while £2.09 million of related-party loans were written off.
The report states: “At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.
“Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements. This assumes that the Chairman will provide continued support.”
