The companies in 3 red flags are in the bottom 1% of the companies that fail the scorecard.
These companies do not pass the scorecard and do not meet the minimum threshold requirements to attain high scores in the majority, if not all, of the financial fields.
There will likely be evidence of recent or significant legal notices and will have a deteriorating financial position with sub-optimal gearing and liquidity. They may also have recent county court judgments of materially significant value and are over all at a very high risk of going insolvent.
Date Changed:
10 August 2023
CCJ’s (as we know):
17 August 2023, £14,591, K1QZ9277
9 August 2023, £1,547, K5AA1W08
21 July 2023, £1,912, K3QZ6J83
If we don’t win promotion this season, will the financial gamble of remaining a full time outfit in 2023-24 see us confined to this level for a while?
Best of luck to Jimbob and his merry men tomorrow!
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