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.
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.