Also to finally settle the argument about StatSport's precarious financial position (i.e. desperately raising funding from unqualified investors such as football players via dilution).
Note StatSport's files as "SMALL COMPANY" under UK Companies House Code.
According to companies office rules (link)
Your company will be ‘small’ if it has any 2 of the following:If your company is small, you can send abridged accounts to Companies House. Abridged accounts contain a simpler balance sheet, along with any notes.
- a turnover of £10.2 million or less
- £5.1 million or less on its balance sheet
- 50 employees or less
According to LinkedIn - there are 91 employees listed on LinkedIn. (link)
So that cancels the 50 employee threshold and means StatSports revenue turnover is sub £10.2m and assets are sub £5.1m (end of 2017). In March-18, StatSport had 367 clients (link). This confirms their price points are very very low and they have have very little capacity in their balance sheet to be a viable competitor.
Their filing mid this year will make interesting reading...
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