Caledonia Gladiators — Investor Profile

Men's · Super League Basketball

Not an audit. Compiled from AI-assisted deep research into UK professional basketball financial/ownership structures (source doc dated 2025, regulatory status as of October 2025). Not an independent audit — verify before relying on any figure here.

Turnover: £1.2m–£1.6m
Operating result: Operating deficit of £1m–£1.8m annually
Net equity: Not disclosed (small company exemption filing) — operated via benefactor equity injections and shareholder loans

Legal entity

Caledonia Basketball Ltd + Caledonia Gladiators Property Ltd

Owner / backer

Steve and Alison Timoney (founders of Smart Metering Systems plc) — acquired Glasgow Rocks/Caledonia Pride in 2022, unified as Gladiators

Ownership concentration

Highly concentrated — the Timoneys control outright, and also own Crossbasket Castle (a hotel asset providing commercial support).

Venue

Temporary arena at Playsport, East Kilbride. Phase 1 (Oct 2023): 1,800-seat facility. Phase 2 (planned 2026): 6,000-seat arena + elite academy, a £20m private capital programme.

Venue risk

Temporary facility — long-term venue security is contingent on Phase 2 completion.

Risk classification

“Long-term sustainability depends on opening the 6,000-seat arena to generate non-sporting concert and exhibition revenue.”

Notes

Structural operating loss covered by personal equity and shareholder loans. Capacity 1,800, avg. attendance 1,400–1,750. Headcount 20–30 FT; playing budget £600k–£850k.

Compiled: 2026-09-14