Re: Boro Leisure to be struck off

By VS City (VS Boro)22/5 11:19Wed May 22 11:19:39 2024In response to Boro Leisure to be struck off

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I would hazard a guess its because 2023/24 accounts have not been submitted.
Given that there are no officers or person with significant control thats hardly surprising
How a company can theoretically be trading without anyone running it is beyond me.

No one has admitted to responsibility (either collectively or individually). In fact, quite the oppose.

I think its more "the end of the start".
I say that as all debts will now come out of the woodwork and eventually all those owed will be published (it happened with StadiaSafe).
It's more or less certain that the debts will be greater than the £750,000 reported for year 2022/23.

Sadly Its unlikely the (I have to assume) increase in debts during the non-promotion season will be buried with everything else., The previous season (fighting relegation) cost increased debts by £160,000.

I predict the final figure will be over £1,000,000.



For reference (again(

Liabilities (Ending June)

2022 £751,569 £160,836 Loss

2021 £590,733 -£60,067 Profit

2020 £650,800 £99,620 Loss


2019 £551,180 -£1,138 Profit

2018 £552,318 £86,422 Loss

2017 £465,896 £60,020 Loss

2016 £405,876 £84,193 Loss

2015 £321,683 £78,904 Loss

2014 £242,779 £101,510 Loss

2013 £141,269 £59,709 Loss

2012 £81,560

Assumed Ownership

JG 19-Feb-19

NH 01-Nov-18

LT 08-Aug-14

>>>> Former Nuneaton Boro fan <<<<

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