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World'S Gym Ltd

07246436

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

WORLD'S GYM QUEEN STREET, WALSALL, WS2 9NU
Incorporated 07/05/2010

Compliance

Last accounts

31/05/2025

micro entity

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 07/08/2025

Due 21/08/2026

On track

Industry

93130
Fitness facilities

Officers

Mr Avais Nazir

director · Since 07/04/2021

DIRECTOR

BRITISH · ENGLAND · Age 29

Also on 3 other boards

Persons with Significant Control

Mr Avais Nazir

Significant control

British · England · Age 29

World's Gym, Queen Street, Walsall, WS2 9NU

Notified 07/04/2021

Former PSCs

Mr Fahad Ali Khan

Ceased 07/04/2021

CompanyRankvs 5018+ SIC 93130 peers
43

Financial strength5th percentile among SIC peers · 1/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.07× · 2/20
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 strength1/25 pts

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

Employees10/15 pts

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

Liquidity2/20 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 31/05/2025

Net Worth

-£93k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£151k

Working capital

Current Assets

£12k

Current Liabilities

£172k

Fixed Assets

£59k

2avg. employees

Balance Sheet

Assets less current liabilities-£92k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.07+£0
20250.07-£532
20240.02-£25k
20230.03-£39k
20220.04-£34k
20210.05

Derived from filed accounts. Not audited figures.