Phase 10 · Risk
Compliance, financial, operational, structural — scored per entity and rolled up to the group. Higher = stronger. The Bridge mines this for transition triggers and capital-allocation cues.
Risk questionnaire
Operational score
0/ 100
Structural score
0/ 100
Every operating entity has documented public liability insurance with cover ≥ $20m.
Key-person life and disability insurance is in place for any director the entity can't survive without.
Any single customer represents more than 30% of an entity's revenue.
Cyber and BEC insurance is in place for any entity with payroll or material customer-data risk.
A documented business-continuity / handover plan exists if the principal is incapacitated for 30+ days.
The Family Trust deed has been reviewed in the last 24 months against current ATO and case-law positions (s.100A, streaming, bunching).
Every JV or non-100%-owned entity has a current shareholders' agreement covering deadlock, buy-sell, IP and exit.
All material intra-group services flows are documented by a written services agreement at arm's-length margin.
Patents and other IP held in IP HoldCo are licensed to the operating entities that use them, in writing.
Every current and proposed director has a Director ID registered.
Risk advisor
Group score
69
Overall · /100
Compliance
87
Overdue obligations × severity. Counts BAS, ASIC reviews, tax returns, patent maintenance, insurance renewals.
Financial
64
Cash runway × revenue concentration × debt load. Captures pre-revenue capital pressure and over-reliance on single customers.
Operational
64
Questionnaire-driven. Insurance cover, single-points-of-failure, key-person risk, customer-acquisition stability.
Structural
60
Corporate veil integrity, asset protection layering, JV minorities, IP isolation, trust deed currency.
| Entity | Compliance | Financial | Operational | Structural | Overall |
|---|---|---|---|---|---|
Operational on WordPress. BAS Q3 due today. High physical liability profile + sole-trader exposure = structural weakness. | 60 | 75 | 50 | 30 | 54 |
Pre-incorporation. 50/50 JV with Harley creates persistent structural friction (decision rights, exit alignment, IP commingling). Asset protection requires explicit JV agreement. | 90 | 50 | 60 | 45 | 61 |
Pre-incorporation. Operational risk dominated by physical-liability exposure of action sports activity. Insurance + waiver framework critical before any paid event. | 85 | 55 | 40 | 70 | 63 |
Pre-incorporation. Capital-raise readiness drives the financial score down. ESIC application in flight. | 90 | 50 | 60 | 65 | 66 |
Pre-incorporation. Self-funded; no capital pressure. Structural identical to Oyra. | 90 | 60 | 65 | 65 | 70 |
Pre-incorporation. Holds AI Training Model + Consciousness Test. Maintenance obligations active. | 90 | 65 | 70 | 60 | 71 |
Existing entity. Trust deed currency under review (DP-7.1). Trust distribution resolution pending FY end. | 80 | 70 | 75 | 65 | 73 |
Pre-incorporation. Compliance score is high (no active obligations) but reflects readiness, not strength. | 95 | 60 | 70 | 70 | 74 |
Pre-incorporation. Pure holding role. | 95 | 65 | 65 | 75 | 75 |
Cleanest of the live entities. BAS lodged early. Cash positive. Holding-company role for tech platforms weakens the structural score. | 90 | 88 | 80 | 50 | 77 |
Structural · Aus Action Sports Pty Ltd
Move from informal sole-trader operation to Pty Ltd under Action Sports Sub-Holding. Restores corporate veil; layered with sub-holding for cleaner divestment path. Subdivision 122-A rollover applies.
Operational · Unspoken Union Pty Ltd
High physical-liability profile means an uninsured incident is potentially company-ending. Standard public liability $20m cover + signed participant waivers per event are non-negotiable.
Structural · Spokespot Pty Ltd
Document drag-along, tag-along, deadlock resolution, and exit triggers before deeper investment. JV minorities harden over time; agree the rules now while alignment is high.
Financial · Oyra Pty Ltd
Closes 2026-05-12. Investor diligence in any future raise requires ESIC status. Improves capital-raise readiness; pre-empts pre-sale restructure cost.
Structural · Family Trust
Lawyer review of deed currency, corporate-beneficiary capability, streaming provisions, s.100A posture, vesting date, amendment power. Foundational for the whole group structure.
Compliance · Aus Action Sports Pty Ltd
Penalty interest accrues from today. Time to lodge < 30 minutes via accountant. Highest-leverage compliance move available right now.
Coming in Phase 10
Live wiring: compliance score from real overdue obligations; financial score from Cash + Accounting; operational score driven by a guided questionnaire (refresh quarterly); structural score from the Structure model. Mitigation suggestions auto-generated by the multi-agent system. Trends over time so the principal sees risk trajectory, not just current state.
Risk advisor
Group sits in the high-50s overall. Three structural priorities, one hidden cross-domain risk around the Spokespot JV, and two cheap operational wins that could lift the group score 8-12 points within a quarter.
Family Trust deed predates the bunching/streaming amendments and 2022 s.100A guidance. Confirm with adviser whether streaming clauses + bunching tests are in line; defective deed means distributions risk being assessed at top marginal rate.
Action sports experiences carry public liability exposure that significantly exceeds Aus Action Sports' current cover. Estimate $20m public-liability and incident-response insurance before incorporation goes live.
AI Training Model and Consciousness Test sit in IP HoldCo but no license agreements with Oyra or Web Dev exist. If revenue starts flowing the entity attribution becomes contestable on audit; royalty rate also affects the ESIC innovation test on Oyra.
Every operating entity depends on Daniel's directorship + execution. No documented continuity plan; no key-person life insurance for the trust to receive on death/disability. Materially impacts BHP-secured loans and any future capital raise.
Currently scored from rough heuristics. A 20-minute structured questionnaire (in-app) would replace the placeholder with real data, often finding 5-10 points of conservative underscoring.
Effort: low
All proposed Pty Ltds need director IDs registered before incorporation and the ASIC annual review queue set up. Bulk-handle in one sitting.
Effort: low
Equal split + no SHA = deadlock risk if Daniel and Harley disagree on direction. Standard SHA covering buy-sell, deadlock-resolution, IP ownership, exit triggers should be drafted before Spokespot crosses revenue thresholds.