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Baltic Health And Fitness Limited

03435288

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

24-26 BALTIC STREET, EC1Y 0RP
Incorporated 17/09/1997

Compliance

Last accounts

29/09/2024

full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 17/09/2025

Due 01/10/2026

On track

Industry

93120
Activities of sport clubs
93130
Fitness facilities

Officers

Cornhill Secretaries Limited

secretary · Since 17/09/1997

BRITISH

Also on 984 other boards

Mr John Markos Lyras

director · Since 17/09/1997

SHIPBROKER

BRITISH · UNITED KINGDOM · Age 76

Also on 12 other boards

Mr Markos John Lyras

director · Since 07/05/2009

SHIPBROKER

BRITISH · UNITED KINGDOM · Age 44

Also on 2 other boards

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 06/10/2005Registered 18/10/2005Satisfied 09/12/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 22/09/2005Registered 07/10/2005Satisfied 05/03/2024
charge
satisfied

THE CHASE MANHATTAN BANK

Created 21/07/2000Registered 24/07/2000Satisfied 02/10/2013

CompanyRankvs 50750+ SIC 93120 peers
41

Financial strength1th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.57× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 29/09/2024

Net Worth

-£3.5M

Balance sheet strength

Cash

£81k

Cash in the bank

Profit Before Tax

£133k

Bottom line earnings

Net Current Assets

-£3.7M

Working capital

Current Assets

£4.9M

Current Liabilities

£8.6M

Fixed Assets

£293k

Debtors

£4.8M

Admin Expenses

£2.9M

Profit After Tax

£60k

65avg. employees

Tax at Year End

Corp tax£91k

Balance Sheet

Assets less current liabilities-£3.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.57

Derived from filed accounts. Not audited figures.