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Elite Fitness (2016) Limited

10660560

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

8 TYNEWYDD TERRACE, NEWPORT, NP11 4LU
Incorporated 09/03/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93110
Operation of sports facilities

Officers

Mr Joe Andrew Davies

director · Since 09/03/2017

DIRECTOR

BRITISH · WALES · Age 38

Mr Paul Andrew Davies

director · Since 26/04/2017

DIRECTOR

BRITISH · WALES · Age 60

Also on 1 other board

Persons with Significant Control

Mr Joe Andrew Davies

75–100% shares
75–100% votes
right-to-appoint-and-remove-directors-as-trust

British · Wales · Age 38

Tree Tops, New Bethel, Mynyddislwyn, Blackwood, NP12 2AY

Notified 09/03/2017

Mr Paul Andrew Davies

25–50% shares

British · Wales · Age 60

8, Tynewydd Terrace, Newport, NP11 4LU

Notified 17/09/2024

CompanyRankvs 600+ SIC 93110 peers
74

Financial strength89th percentile among SIC peers · 22/25
Employees56th percentile among SIC peers · 8/15
LiquidityCurrent ratio 5.29× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

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

Employees8/15 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.

Longevity9/15 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 31/03/2025

Net Worth

£503k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£226k

Working capital

Current Assets

£278k

Current Liabilities

£53k

Fixed Assets

£277k

2avg. employees-3

Balance Sheet

Assets less current liabilities£503k
Signed by Mr Joe Davies Mr Paul Davies 04/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20255.29+£39k
20246.06+£155k
20234.61+£134k
20221.70-£48k
20211.44

Derived from filed accounts. Not audited figures.