Its mainly very sad. They have clearly lived beyond their means for several years, presumably with the help of benefactors when they were available.
I'm not sure how the total club is constituted but the limited company has no particular assets and has been technically insolvent for the last two accounting periods.
There seems to be a small number of adults in multiple roles at the club.
On the plus side they say they have a thriving youth section which is something to build from.
As ever there are two ways out of this. Firstly is slower but very rewarding and sustainable. The other is quick, unfulfilling and likely to find themselves in the same place again in years to come. I don't need to spell out what the two routes are, we all know.
So if you are a wealthy chap or lady and you are approached to invest in B&B, say yes. We want rugby clubs to do well. However make sure you only invest in the fabric of the club and facilities, that will pay dividends over and over (but sadly may not satisfy some investor egos!)
Good luck B&B, I wish you all the best for the coming the years. I'm sure you will be back.