THE WELSH BADMINTON UNION LIMITED
Company number 04987692 · Monitor this company
Executive summary
The Welsh Badminton Union Limited is in strong financial health with excellent liquidity (current ratio 2.82:1), growing reserves (£171,351, up 74% over nine years), and no long-term debt. The primary vulnerability is heavy reliance on grant funding, particularly from Sport Wales, which represents the organisation's financial lifeblood – any reduction would require rapid adaptation. With £256,422 in cash (96.6% of total assets), the organisation should consider whether some reserves could be invested to generate returns while maintaining adequate liquidity for operational needs.
Shareholders' funds
£171,351
Balance sheet as at 2025-03-31
Overview
- Company type
- PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
- Incorporated
- 2003-12-08
- Employees
- 9 (2025 accounts · was 8 in 2024)
- Registered office
- Sport Wales National Centre, Sophia Gardens, Cardiff, Wales, CF11 9SW
- Postcode
- CF11 9SW
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2025-03-31
- Next due by
- 2026-12-31
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2025-12-05
- Next due by
- 2026-12-19
Nature of business (SIC)
- 93199 Other sports activities
Officers 14 current · 23 resigned
Licensed visa sponsor
Licensed by the Home Office to sponsor worker visas: Skilled Worker (Worker (A rating)).
Matched by registered name to the register of licensed sponsors (Home Office, updated daily) — check the register itself before relying on it. Contains public sector information licensed under the Open Government Licence v3.0.
Previous registered addresses 4
| Address | Changed on |
|---|---|
| WELSH INSTITUTE OF SPORT SOPHIA GARDENS, CARDIFF, CF11 9SW | 2017-10-31 |
| UNIT E4, SOUTH POINT INDUSTRIAL ESTATE, FORESHORE ROAD, CARDIFF, CF10 4SP | 2010-03-03 |
| UNIT 4 SOUTH POINT INDUSTRIAL, ESTATE FORESHORE ROAD, CARDIFF, CF10 4SP | 2005-12-09 |
| 4TH FLOOR PLYMOUTH CHAMBERS, 3 WESTGATE STREET, CARDIFF, SOUTH GLAMORGAN CF10 1DP | 2005-08-01 |
Among its peers
Top 25%
by shareholders' funds, of 213 similar companies in CF
Among the biggest employers among its local peers (9 staff).
Among the oldest 25% of its local peers, trading since 2003.
Competitors Cardiff
This company ranks 31 among other sports activities in Cardiff.
The class of 2003
46%
of the 506 companies in this sector incorporated in 2003 are still active today; 51% have since been dissolved.
A fact about the year, not a forecast for this company.