VISIONS (CUMNOCK) LIMITED
Company number SC271133 · Monitor this company
Executive summary
Visions (Cumnock) Limited operates as a community leisure trust in a sector characterised by public funding dependency and thin margins, but its financial position is materially weaker than industry norms — with negative working capital, an equity ratio of just 10.7%, and reserves that have eroded by nearly 75% in two years. The company's continued operation depends entirely on parent company support and the renewal of East Ayrshire Council funding beyond March 2027, creating a significant going-concern horizon risk. While the community governance model provides legitimacy and local accountability, the financial trajectory suggests the business is structurally loss-making at its current scale without addressing fundamental revenue-cost imbalances.
Shareholders' funds
£17,319
Balance sheet as at 2025-06-30
Overview
- Company type
- Private Limited Company
- Incorporated
- 2004-07-26
- Employees
- 23 (2025 accounts · was 22 in 2024)
- Registered office
- Visions Leisure Centre, Auchinleck Road, Cumnock, Ayrshire, KA18 1AN
- Postcode
- KA18 1AN
- Capital
- 100 GBP
- Accounts category
- Micro
Accounts
- Last made up to
- 2025-06-30
- Next due by
- 2027-03-31
- Financial year end
- 30 June
Confirmation statement
- Last statement dated
- 2026-07-23
- Next due by
- 2027-08-06
Nature of business (SIC)
- 93110 Operation of sports facilities
Officers 8 current · 13 resigned
Group structure
Controlled by CUMNOCK & DISTRICT LEISURE GROUP — since 2016-11-01
From persons-with-significant-control filings on the public register.
Data protection registration
Registered with the ICO as a data protection fee payer — Z8801013 (Tier 1), registered since 2005.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Previous registered addresses 1
| Address | Changed on |
|---|---|
| 27 WALKER COURT, CUMNOCK, AYRSHIRE KA18 1TF | 2006-07-11 |
Competitors Ayr
This company ranks 7 among operation of sports facilities in Ayr.
The class of 2004
37%
of the 135,820 companies incorporated in 2004 are still active today; 61% have since been dissolved.
A fact about the year, not a forecast for this company.