NEWPORT PAGNELL TOWN COMMUNITY FOOTBALL AND SPORTS CLUB

Executive Summary

Newport Pagnell Town Community Football and Sports Club is a small, recently established private company limited by guarantee operating in sports activities. Its micro-entity accounts reveal a modest net asset base offset by negative working capital and significant deferred income, creating moderate liquidity concerns. However, compliance with filing requirements and a stable board structure support operational continuity, warranting a medium risk rating overall.

NEWPORT PAGNELL TOWN COMMUNITY FOOTBALL AND SPORTS CLUB - Analysis Report

Company Number: 14549365

Analysis Date: 2025-07-29 20:18 UTC

1. Risk Rating: MEDIUM

Justification: The company is a recently incorporated (Dec 2022) private limited by guarantee sports club with micro-entity financial reporting. The latest accounts show net assets of £11,388 but negative net current assets of £12,484 and significant deferred income/accruals of £20,204. The company employs only one person and is exempt from audit. While there are no overdue filings and the company is active, the negative working capital and limited operational scale suggest moderate financial risk.

2. Key Concerns:

• Negative Net Current Assets: Current liabilities (£25,638) exceed current assets (£13,154) by £12,484, indicating potential liquidity strain to meet short-term obligations.
• Significant Deferred Income/Accruals: £20,204 in accruals and deferred income reduces available funds and may affect cash flow timing.
• Limited Operational Scale: With only one employee and micro-entity status, the business has limited operational capacity and financial buffer.

3. Positive Indicators:

• Net Positive Equity: Shareholders’ funds stand at £11,388, indicating some retained value after liabilities.
• No Overdue Filings: Both accounts and confirmation statements are up to date, reflecting compliance with regulatory requirements.
• Stable Management Team: Multiple directors with diverse professional backgrounds are currently appointed, which may provide governance stability.

4. Due Diligence Notes:

• Review cash flow statements or bank balances (if available) to assess immediate liquidity beyond balance sheet snapshots.
• Understand the nature and timing of deferred income/accruals to evaluate potential cash flow impact.
• Verify the ongoing source of funding or revenue streams supporting the club’s operations given the small staff size.
• Investigate any contingent liabilities or off-balance sheet commitments given the negative working capital.
• Confirm the role and influence of the 75-100% PSC (Anthony Guy Evans), especially since he resigned as director in early 2023.