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Train Fitness Limited

08744113

active
Private Limited Company
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

5 OSBORNE TERRACE, NEWCASTLE UPON TYNE, NE2 1SQ
Incorporated 22/10/2013

Compliance

Last accounts

31/12/2023

total exemption full

Next accounts due

31/12/2025

Overdue

Confirmation statement

Last: 22/10/2025

Due 05/11/2026

On track

Industry

58142
Publishing of consumer and business journals and periodicals

Officers

Robert Michael Hewitt

director · Since 22/10/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 2 other boards

Persons with Significant Control

I2media Ltd

75–100% shares
75–100% votes
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-firm

Unit 2 Bankside, Unit 2 Bankside, Gateshead, NE11 9SY

Reg: 5509821 · Registrar Of Companies For England And Wales · Private Company Limited By Shares

Notified 22/10/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 15/09/2014Registered 19/09/2014

CompanyRankvs 119+ SIC 58142 peers
63

Financial strength96th percentile among SIC peers · 24/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 3.58× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Employees11/15 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.

Longevity13/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

the directors are aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern. 1.3 Turnover Turnover represents amounts receivable for services net of VAT and trade discounts. Turnover is attributable to the continuing principal activity of the company. Revenue from the sale o

Key FinancialsYear ending 31/12/2023

Net Worth

£991k

Balance sheet strength

Cash

£0

Cash in the bank

Net Current Assets

£991k

Working capital

Current Assets

£1.4M

Current Liabilities

£384k

Fixed Assets

£366

Debtors

£1.4M

3avg. employees

Balance Sheet

Assets less current liabilities£991k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20233.58+£115k
20223.28+£291k
20212.37+£209k
20201.87+£239k
20191.25

Derived from filed accounts. Not audited figures.