Caledonia Basketball Ltd

Caledonia Basketball Ltd from Glasgow UK is a small holding company with an active status, established two years ago. The company employs 37 people and holds £352,471 in assets. It operates from a virtual address, managed by two directors and one owner. Caledonia Basketball Ltd imports clothing and accessories, not knitted or crocheted, on an irregular basis, with the last import occurring one month ago.

The company’s primary focus appears to be professional basketball, operating as Caledonia Gladiators. Their website showcases a busy schedule of matches, news updates, and roster information for both men’s and women’s teams. It's clear that the company runs a website to sell tickets, merchandise, and sponsorships. They also have a community outreach program, including a partnership with the BBC and a child protection policy.

Financially, Caledonia Basketball Ltd presents a mixed picture. While its current assets remain steady at £350,000, equity has declined significantly, reaching -£1.9 million. Bank borrowings have increased, and cash reserves are at £110,000. Creditors are substantial, at £3.3 million. The company’s small size—meeting two of three conditions for a small company—allows for agility, but the negative equity is a cause for concern. As a small company, it is exempt from an audit, and the financial statements are unaudited. The company’s activities are likely impacted by the success of its basketball team, and the recent playoff semi-final loss may have affected revenue.

Registered in Scotland under the registration number SC740448, with a registered address at G74 4GT, Scotland, Glasgow, Playsport Stewartfield Way, East Kilbride.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.