Pace Fitness Cardiff Ltd
07473705
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 21/03/2025
Due 04/04/2026
Industry
Officers
director · Since 10/11/2025
DIRECTOR
BRITISH · WALES · Age 35
Also on 1 other board
Persons with Significant Control
Former PSCs
Mr Jonathan Michael Hares
Ceased 02/01/2017
Mr. Dafydd Rhys Dennis
Ceased 28/02/2024
Mr Justin Maunder
Ceased 28/02/2024
Compound Fitness Holdings Ltd
Ceased 10/11/2025
CompanyRankvs 4260+ SIC 93130 peers37
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern
Key FinancialsYear ending 31/12/2024
Net Worth
-£39k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£38k
Working capital
Current Assets
£12k
Current Liabilities
£50k
Fixed Assets
£6k
Debtors
£12k
Tax at Year End(2021)
Director Loans(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 0.24 | -£50k | — |
| 2023 | 1.75 | -£39k | — |
| 2021 | 1.66 | -£3k | £42k |
| 2020 | 1.78 | +£39k | — |
| 2019 | 1.58 | -£1k | — |
| 2018 | 1.67 | — | — |
Derived from filed accounts. Not audited figures.