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Gravity Fitness Limited

08880970

voluntary arrangement
Private Limited Company
Companies House
Health Score
N/A

Details

UNIT 28, CASTLEFORD, WF10 4TA
Incorporated 07/02/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93130
Fitness facilities

Officers

Mr Michael Harrison

director · Since 07/02/2014

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 9 other boards

Mr Paul Harvey Jenkinson

director · Since 07/02/2014

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Mr Martin James Robinson

director · Since 01/08/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Also on 1 other board

Persons with Significant Control

Gfl Holdco Ltd

75–100% shares
75–100% votes
Appoint directors

Second Floor, 2 Burgage Square, Wakefield, WF1 2TS

Reg: 16291438 · Companies House · Limited By Shares

Notified 15/04/2025

Former PSCs

Tracy Ford

Ceased 03/04/2017

Mr Simon Lovell Clayton Whicker

Ceased 03/04/2017

Mr Paul Harvey Jenkinson

Ceased 03/04/2017

Mr Michael Harrison

Ceased 03/04/2017

Dr Malcolm Anthony Wallace King

Ceased 03/04/2017

Mr Michael Harrison

Ceased 15/04/2025

Mr Paul Harvey Jenkinson

Ceased 15/04/2025

Charges2 outstanding

Charge
outstanding

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Created 02/12/2024Registered 05/12/2024
Charge
outstanding

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Created 18/02/2023Registered 22/02/2023
Charge
satisfied

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Created 01/03/2021Registered 01/03/2021Satisfied 28/02/2023
Charge
satisfied

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Created 14/01/2020Registered 16/01/2020Satisfied 28/02/2023
Charge
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CompanyRankvs 15+ SIC 93130 peers
13

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.92× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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.

Longevity12/15 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

by Management in this modelled scenario. These conditions indicate the existence of a material uncertainty which may cast significant doubt on the Group’s and Company’s ability to continue as a going concern. On behalf of the board Mr P H Jenkinson Director 20 December 2024 GRAVITY FITNESS LIMITED DIRECTORS' RESPONSIBILITIES STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2023 - 8 - The directors are res

Key FinancialsYear ending 31/12/2023

Net Worth

-£7.9M

Balance sheet strength

Cash

£2.4M

Cash in the bank

Net Current Assets

Working capital

Current Assets

£10.1M

Current Liabilities

£11.0M

Fixed Assets

£22.7M

Debtors

£1.1M

Cost of Sales

£3.4M

Profit After Tax

-£14.3M

718avg. employees

Tax at Year End

Dividends paid-£2.0M

People Costs

Wages & salaries£9.9M

Balance Sheet

Intangible assets£277k
Bank loans & overdrafts£0
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20230.92

Derived from filed accounts. Not audited figures.