CALEDONIA BASKETBALL LTD

🚨Distressedactive
SC740448 · ltd · incorporated 2022-08-05
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
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Turnover
year to Jan 2024
Net worth
£-1.89M
book net assets
Opportunity
66/100
Strong
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What this business does
Primary activity: Activities of sport clubs
Sector: Arts, entertainment & recreation
ALSO REGISTERED FOR
  • 93199Other sports activities
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 66/100 (strong), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (73/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £1,891,628

Key financials

1 year extracted from filed iXBRL accounts
Cash
£108k
Net Worth
-£1.9m
Current Assets
£352k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-01-30
Total assets£-1.89M
Current assets£352.5k
Cash£108.2k
Debtors£210.5k
Net assets£-1.89M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 other
Last 180 days
1
filing
  • 1 other
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2026-02-03
    📄
    legacy
    other · GUARANTEE2
  2. 2024-05-03
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2024-04-24
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  4. 2023-11-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-11-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2023-11-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2022-08-05
    🏢
    Company incorporated
    As CALEDONIA BASKETBALL LTD
  8. 2022-08-05
    REID-TIMONEY, Alison appointed
    director
  9. 2022-08-05
    TIMONEY, Stephen appointed
    director
  10. 2022-08-05
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-01-30

Group structure

Caledonia Basketball Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Caledonia Basketball Holdings Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
CALEDONIA BASKETBALL LTD
This company · SC740448

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Caledonia Basketball Holdings Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control05/08/2022

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

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🔒Tailored diligence questions

9 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2022-08-05
Jurisdictionscotland
Primary SIC93120 — Activities of sport clubs

Registered office

Playsport Stewartfield Way
East Kilbride
Glasgow
G74 4GT
Scotland

Filing status

Accounts
Next due: 2026-01-30OVERDUE
Last made up to: 2024-01-30
Confirmation statement
Next due: 2026-08-18
Last: 2025-08-04

Officers (2 active · 0 resigned)

REID-TIMONEY, Alison
director · ~55y · appointed 2022-08-05
View their other companies + combined net worth →
Active
TIMONEY, Stephen
director · ~61y · appointed 2022-08-05
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Recent filings (10 total)

legacy
other · GUARANTEE2
2026-02-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-13
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-05-03
change-account-reference-date-company-previous-extended
accounts · AA01
2024-04-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-11-13
change-person-director-company-with-change-date
officers · CH01
2023-11-13
change-person-director-company-with-change-date
officers · CH01
2023-11-13
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-07
incorporation-company
incorporation · NEWINC
2022-08-05