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Gym Factory (Grantham) Limited

09676598

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

RACZ GROUP, UNIT 10 EVOLUTION, WYNYARD, TS22 5TB
Incorporated 08/07/2015

Compliance

Last accounts

26/12/2024

unaudited abridged

Next accounts due

26/09/2026

On track

Confirmation statement

Last: 05/07/2025

Due 19/07/2026

On track

Industry

93130
Fitness facilities

Officers

Mr Mike Racz

director · Since 14/12/2018

FRANCHISEE

BRITISH · ENGLAND · Age 44

Also on 30 other boards

Mr Neel Dilip Sodha

director · Since 14/12/2018

DIRECTOR

BRITISH · ENGLAND · Age 37

Also on 17 other boards

Persons with Significant Control

Mr Mike Racz

Significant control

British · England · Age 44

Racz Group, Unit 10 Evolution, Wynyard Business Park, Wynyard, TS22 5TB

Notified 08/07/2021

Gym Factory Group Ltd

75–100% shares
75–100% votes

Unit 10 Evolution, Wynyard Avenue, Billingham, TS22 5TB

Reg: 12729768 · The Registrar Of Companies For England & Wales · Private Limited Company

Notified 08/07/2021

Former PSCs

Mr Paul Richard George Woodhouse

Ceased 14/12/2018

Mrs Elizabeth Angela Murfitt

Ceased 14/12/2018

Mr Nicholas William Thomas Woodhouse

Ceased 14/12/2018

Mr Thomas Henry Alystair Barton

Ceased 14/12/2018

Mr Darren James Beddard

Ceased 14/12/2018

Gym Factory Limited

Ceased 08/07/2021

Charges0 outstanding

Charge
satisfied

HSBC UK BANK PLC

Created 29/04/2019Registered 10/05/2019Satisfied 10/02/2026
Charge
satisfied

HSBC BANK PLC

Created 26/05/2016Registered 27/05/2016Satisfied 26/01/2026

CompanyRankvs 1310+ SIC 93130 peers
66

Financial strength97th percentile among SIC peers · 24/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.35× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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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.

Employees14/15 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.

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.

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

Key FinancialsYear ending 26/12/2024

Net Worth

£264k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£265k

Working capital

Current Assets

£143k

Current Liabilities

£407k

Fixed Assets

£512

Debtors

£141k

5avg. employees

Balance Sheet

Assets less current liabilities£264k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.35+£479k
20230.41-£35k
20220.29-£24k
20210.19-£102k
20200.25-£76k
20190.12+£251k
20180.13

Derived from filed accounts. Not audited figures.