NEWCASTLE EAGLES (BASKETBALL) LIMITED
Company number 03041174 · Monitor this company
Executive summary
Newcastle Eagles (Basketball) Limited presents significant credit risk with net current liabilities of £166,121, a material operating loss of approximately £103,000 in FY2024, and cash reserves of just £32,659. The balance sheet is propped up by subjective valuations (a director-assessed £200,000 franchise with no amortisation) and an inter-company investment of £777,778, meaning tangible net assets are effectively negative. Any credit facility would require strong security, personal guarantees from directors, and strict financial covenants including minimum cash and working capital thresholds.
Shareholders' funds
-£122,577
Balance sheet as at 2025-07-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 1995-04-03
- Employees
- 34 (2025 accounts · was 37 in 2024)
- Registered office
- Vertu Motors Arena, Scotswood Road, Newcastle Upon Tyne, Tyne And Wear, United Kingdom, NE4 7AF
- Postcode
- NE4 7AF
- Capital
- 100 GBP
- Accounts category
- Total Exemption Full
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-07-31
- Next due by
- 2027-04-30
- Financial year end
- 31 July
Confirmation statement
- Last statement dated
- 2026-04-03
- Next due by
- 2027-04-17
Nature of business (SIC)
- 93120 Activities of sport clubs
Officers 2 current · 11 resigned
Group structure
Controlled by NEWCASTLE EAGLES HOLDINGS LIMITED — since 2022-06-29
From persons-with-significant-control filings on the public register.
Contact details
- Website
- newcastleeagles.co.uk
- Phone
- 01912453880
The most successful British Basketball team in the history of the BBL
Previous company names
| Name | Date changed |
|---|---|
| NEWCASTLE UNITED (BASKETBALL) LIMITED | 1996-08-12 |
| OGDEN BASKETBALL (NEWCASTLE) LIMITED | 1996-05-24 |
| INHOCO 409 LIMITED | 1995-05-26 |
Previous registered addresses 7
| Address | Changed on |
|---|---|
| C/O NORTHUMBRIA UNIVERSITY, ELLISON BUILDING ELLISON PLACE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE1 8ST | 2019-01-10 |
| NEWCASTLE METRO RADIOARENA, ARENA WAY, NEWCASTLE UPON TYNE, NE4 7NA | 2011-08-04 |
| NICKALLS HOUSE, METRO CENTRE, GATESHEAD, TYNE & WEAR NE11 9NH | 1996-09-20 |
| ST JAMES PARK, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE1 4ST | 1996-08-09 |
| VICTORIA STATION, HUNTS BANK, MANCHESTER, M3 1AR | 1996-05-21 |
| 50 THAMES STREET, WINDSOR, BERKSHIRE, SL4 1PU | 1996-04-30 |
| DENNIS HOUSE, MARSDEN STREET, MANCHESTER, M2 1JD | 1995-06-13 |
Among its peers
2nd largest employer
of 72 similar companies in NE, with 34 staff. Among the oldest 25% of its local peers.
Competitors Newcastle Upon Tyne
This company ranks 115 among activities of sport clubs in Newcastle Upon Tyne.
The class of 1995
45%
of the 34,002 companies incorporated in 1995 are still active today; 52% have since been dissolved.
A fact about the year, not a forecast for this company.