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Formula One Health And Fitness Studios Limited

01874040

active
Private Limited Company
england wales
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

21 VICTORIA STREET, NOTTINGHAMSHIRE, NG1 2EW
Incorporated 27/12/1984

Compliance

Last accounts

31/10/2025

total exemption full

Next accounts due

31/07/2027

On track

Confirmation statement

Last: 31/10/2025

Due 14/11/2026

On track

Industry

93130
Fitness facilities

Officers

Mr Christopher John Hillyer

director · Since 31/10/1991

DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 1 other board

Mr Christopher John Hillyer

secretary · Since 11/10/2020

Also on 1 other board

Mr Joseph William Hillyer

director · Since 11/10/2020

GYM INSTRUCTOR

BRITISH · ENGLAND · Age 32

Persons with Significant Control

Mr Christopher John Hillyer

25–50% shares

British · England · Age 69

21, Victoria Street, Nottingham, NG1 2EW

Notified 06/04/2016

Charges4 outstanding

charge
satisfied

CHRISTINE SLADE

Created 01/09/1992Registered 22/09/1992Satisfied 11/01/1997
charge
outstanding

CHRISTOPHER HILLYER

Created 01/09/1992Registered 22/09/1992
charge
outstanding

JEFFREY RAINBOW

Created 01/09/1992Registered 22/09/1992
charge
outstanding

ANDREW HILLYER

Created 01/09/1992Registered 22/09/1992
charge
outstanding

KEN STAINSBY

Created 01/09/1992Registered 22/09/1992
charge
satisfied

MIDLAND BANK PLC

Created 29/05/1991Registered 03/06/1991Satisfied 12/01/2006

CompanyRankvs 1148+ SIC 93130 peers
60

Financial strength78th percentile among SIC peers · 20/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.92× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1148Formula One Health And Fitness Studios Limited
66
How is this score calculated?
Financial strength20/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2025

Net Worth

£16k

Balance sheet strength

Cash

£33k

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£47k

Current Liabilities

£51k

Fixed Assets

£27k

Debtors

£5k

8avg. employees-1

Tax at Year End(2023)

VAT£14k

Balance Sheet

Assets less current liabilities£23k
Signed by Mr Joseph Hillyer 12/01/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.92-£2k—
20241.13-£16k—
20231.43+£14k£275k
20221.22+£1k£224k
20211.27+£6k£109k
20202.54+£6k£91k
2019—-£204—

Derived from filed accounts. Not audited figures.