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Ironworks Fitness Concepts Limited

02830997

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

UNIT 2 PARK VIEW ESTATE, KINGS NORTON, B30 0JX
Incorporated 28/06/1993

Compliance

Last accounts

30/11/2024

unaudited abridged

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 28/06/2025

Due 12/07/2026

On track

Industry

93130
Fitness facilities

Officers

Mr Darren Robert Young

director · Since 01/09/2002

FITNESS INSTRUCTOR

BRITISH · ENGLAND · Age 58

Also on 1 other board

Mrs Katrina Young

director · Since 25/10/2013

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 1 other board

Persons with Significant Control

Drykat Investments Ltd

75–100% shares
75–100% votes

3 Fulford Close, Hollywood, Birmingham, B47 HJ

Reg: 08674421 · Companies House · Limited Company

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

THINCATS LOAN SYNDICATES LIMITED

Created 23/10/2013Registered 23/10/2013Satisfied 15/04/2024

CompanyRankvs 34+ SIC 93130 peers
88

Financial strength97th percentile among SIC peers · 24/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.41× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 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.

Liquidity20/20 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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

£269k

Balance sheet strength

Cash

£142k

Cash in the bank

Net Current Assets

£199k

Working capital

Current Assets

£282k

Current Liabilities

£82k

Fixed Assets

£130k

Debtors

£134k

6avg. employees

Balance Sheet

Assets less current liabilities£329k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.41+£4k
20233.16+£9k
20223.88+£71k
20213.42+£39k
20203.84+£24k
20191.93+£3k
20181.61

Derived from filed accounts. Not audited figures.