Gym Factory Cosham Ltd
09901101
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
28/12/2024
unaudited abridged
Next accounts due
28/09/2026
Confirmation statement
Last: 14/11/2025
Due 28/11/2026
Industry
Officers
director · Since 03/12/2015
DIRECTOR
BRITISH · UNITED KINGDOM · Age 44
Also on 4 other boards
director · Since 20/09/2016
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 37
Also on 1 other board
Persons with Significant Control
Mr Mike Racz
British · England · Age 44
Unit 10 Evolution, Wynyard Business Park, Wynyard, TS22 5TB
Notified 06/04/2016
Mr Neel Dilip Sodha
British · England · Age 37
Unit 10 Evolution, Wynyard Business Park, Wynyard, TS22 5TB
Notified 06/04/2016
Gym Factory Group Ltd
Unit 10 Evolution, Wynyard Avenue, Billingham, TS22 5TB
Reg: 12729768 · The Registrar Of Companies For England And Wales · Private Limited Company
Notified 15/11/2021
Former PSCs
Sodha & Company Ltd
Ceased 01/11/2018
Racz Investment Ltd
Ceased 20/09/2016
Charges2 outstanding
HSBC UK BANK PLC
HSBC BANK PLC
CompanyRankvs 5537+ SIC 93130 peers32
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 28/12/2024
Net Worth
-£586k
Balance sheet strength
Cash
£2k
Cash in the bank
Net Current Assets
-£734k
Working capital
Current Assets
£51k
Current Liabilities
£786k
Fixed Assets
£187k
Debtors
£45k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.07 | -£63k |
| 2023 | 0.07 | -£73k |
| 2022 | 0.08 | -£84k |
| 2021 | 0.11 | -£79k |
| 2020 | 0.11 | -£35k |
| 2019 | 0.12 | -£100k |
| 2018 | 0.17 | — |
Derived from filed accounts. Not audited figures.