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Boro Leisure to be struck off

By Boropod (BoroughPod)22/5 11:08Wed May 22 11:08:09 2024

Views: 492

https://find-and-update.company-information.service.gov.uk/company/06565113/filing-history

Beginning of the end for the old club. Feel really sorry for the people/supporters owed money they cant afford to lose.

Note to self, 'be careful what you wish for'

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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 offTop of thread

Views: 400

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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Re: Boro Leisure to be struck off

By Armchair vulture22/5 11:43Wed May 22 11:43:29 2024In response to Re: Boro Leisure to be struck offTop of thread

Views: 362

Your figures suggest the Boro was never financially viable at Liberty way- bad management or not.
Previous owners also maintained Boro were not financially viable at Manor park and needed a new stadium.

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Re: Boro Leisure to be struck off

By Boropod (BoroughPod)22/5 12:11Wed May 22 12:11:09 2024In response to Re: Boro Leisure to be struck offTop of thread

Views: 329

Yes we needed non football facilities e.g. conference suite etc to help sustain the club which were in the plans for LW but never built as the MP sale cash was frittered away.

Note to self, 'be careful what you wish for'

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Re: Boro Leisure to be struck off

By Wotnostrikers22/5 12:45Wed May 22 12:45:11 2024In response to Re: Boro Leisure to be struck offTop of thread

Views: 304

“Frittered Away” that’s being very kind.

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Re: Boro Leisure to be struck off

By Armchair vulture22/5 11:22Wed May 22 11:22:47 2024In response to Re: Boro Leisure to be struck offTop of thread

Views: 426

https://www.hudsonweir.co.uk/blog/compulsory-strike-off-explained/

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Re: Boro Leisure to be struck off

By Boropod (BoroughPod)22/5 11:41Wed May 22 11:41:16 2024In response to Re: Boro Leisure to be struck offTop of thread

Views: 358

Yes thanks for that, interesting as Boro Leisure don't have any directors to take to task, they do still have shareholders though.

Note to self, 'be careful what you wish for'

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Re: Boro Leisure to be struck off

By VS City (VS Boro)22/5 13:29Wed May 22 13:29:06 2024In response to Re: Boro Leisure to be struck offTop of thread

Views: 291

Not read the link, but it does make you wonder if the business has been acting legally since February.

Others probably know better, but aren't directors appointed by shareholders to run the business SO the responsibility rests with the directors (of which there are none).


As of Dec23,
Dan Aitchison - 13%
Ian Cook - 12%
James Ginnelly - 0%
DA Capital - 75%

There was certainly "ownership" tennis (hot potato) and if my memory serves me right the last person with significant control was David Anderson.

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

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