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The Gym King Limited

09476649

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

THE GYM KING LIMITED UNIT 6 TEMPLE POINT, LEEDS, LS15 9JL
Incorporated 09/03/2015

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 31/10/2025

Due 14/11/2026

On track

Industry

46420
Wholesale of clothing and footwear
47910
Retail sale via mail order houses or via Internet

Officers

Mr James Ian Parker

director · Since 09/03/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 36

Also on 10 other boards

Persons with Significant Control

The Gym King (Holdings) Limited

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

13, Yorkersgate, Malton, YO17 7AA

Reg: 10735941 · Companies House · Private Limited Company

Notified 28/03/2018

Former PSCs

Mr James Ian Parker

Ceased 28/03/2018

Mr James Ian Parker

Ceased 20/12/2024

Charges1 outstanding

Charge
outstanding

THE GYM KING (HOLDINGS) LIMITED

Created 25/06/2020Registered 09/07/2020
Charge
satisfied

FOOTASYLUM LIMITED

Created 11/09/2017Registered 12/09/2017Satisfied 04/01/2019

CompanyRankvs 1464+ SIC 46420 peers
50

Financial strength36th percentile among SIC peers · 9/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.02× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength9/25 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.

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.

Longevity11/15 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£2

Balance sheet strength

Cash

£2.9M

Cash in the bank

Profit Before Tax

£2.0M

Bottom line earnings

Net Current Assets

£5.8M

Working capital

Current Assets

£11.5M

Current Liabilities

£5.7M

Fixed Assets

£272k

Debtors

£5.3M

Cost of Sales

£11.4M

Admin Expenses

£8.2M

Profit After Tax

£1.5M

55avg. employees+7

Tax at Year End

Corp tax£482k

People Costs

Wages & salaries£2.3M

Balance Sheet

Assets less current liabilities£6.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20242.02
20232.05
20211.61

Derived from filed accounts. Not audited figures.