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Speedflex (Uk & Ireland) Limited

07406096

active
ltd
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

C/O Square One Law Fleming Business Centre, Burdon Terrace, Newcastle Upon Tyne, NE2 3AE
Incorporated 13/10/2010

Previously known as

Speedflex (Europe) Limited · until 07/10/2016
Speedflex Training System Limited · until 18/04/2012

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 09/05/2026

Due 23/05/2027

On track

Industry

93130
Fitness facilities

Officers

Andrew William Graham Wylie

director · Since 13/10/2010

British · United Kingdom · Age 67

Paul James Ferris

director · Since 01/01/2011

British · United Kingdom · Age 61

Kerry Louise Mcdonnell

secretary · Since 01/01/2011

British

Alan Shearer

director · Since 12/04/2013

British · England · Age 56

Andrew Mark Simpson

director · Since 05/10/2015

British · United Kingdom · Age 51

Former

Andrew Naylor

director · Resigned 22/04/2015

Paul Rooney

director · Resigned 30/06/2015

Jackie Boylan

director · Resigned 17/07/2020

Andrea Wylie

secretary · Resigned 25/10/2022

Persons with Significant Control

Sir Andrew William Graham Wylie

ownership-of-shares-50-to-75-percent-as-trust
voting-rights-50-to-75-percent-as-trust
right-to-appoint-and-remove-directors-as-trust

British · United Kingdom · Age 67

C/O Square One Law, Fleming Business Centre, Newcastle Upon Tyne, NE2 3AE

Notified 06/04/2016

Mr Alan Gordon Dawson

ownership-of-shares-50-to-75-percent-as-trust
voting-rights-50-to-75-percent-as-trust
right-to-appoint-and-remove-directors-as-trust

British · England · Age 68

The Cube, Barrack Road, Newcastle Upon Tyne, NE4 6DB

Notified 01/12/2025

Charges1 outstanding

Charge
outstanding

REWARD FINANCE GROUP LIMITED

Created 22/05/2023Registered 26/05/2023
Charge
satisfied

REWARD CAPITAL LIMITED

Created 05/01/2018Registered 19/01/2018Satisfied 13/04/2023

Change History

statusactive
2026-06-10

Active

typeltd
2026-06-10

Private Limited Company

address line1C/O Square One Law Fleming Business Centre
2026-06-10

C/O SQUARE ONE LAW FLEMING BUSINESS CENTRE

post townNewcastle Upon Tyne
2026-06-10

NEWCASTLE UPON TYNE

CompanyRankvs 4263+ SIC 93130 peers
37

Financial strength0th percentile among SIC peers · 0/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -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.

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.

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 31/12/2024

Net Worth

-£15.0M

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

-£15.1M

Working capital

Current Assets

£231k

Current Liabilities

£15.3M

Fixed Assets

£88k

Debtors

£63k

11avg. employees-4

Balance Sheet

Intangible assets£39k
Assets less current liabilities-£15.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.02-£1.4M
20230.02

Derived from filed accounts. Not audited figures.