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Gym Fit Ltd

11433316

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

59 WILLOWS CRESCENT, BIRMINGHAM, B12 9NE
Incorporated 26/06/2018

Compliance

Last accounts

30/06/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 25/06/2025

Due 09/07/2026

On track

Industry

32300
Manufacture of sports goods
77390
Renting and leasing of other machinery, equipment and tangible goods
93130
Fitness facilities

Officers

Mr Talit Mahmud

director · Since 26/06/2018

SELF EMPLOYED

BRITISH · UNITED KINGDOM · Age 43

Also on 5 other boards

Persons with Significant Control

Mr Talit Mahmud

75–100% shares

British · United Kingdom · Age 43

59, Willows Crescent, Birmingham, B12 9NE

Notified 26/06/2018

CompanyRankvs 845+ SIC 32300 peers
43

Financial strength4th percentile among SIC peers · 1/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.76× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees13/15 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.

Longevity8/15 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 30/06/2024

Net Worth

-£94k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£6k

Current Liabilities

£7k

Fixed Assets

£24k

4avg. employees

Balance Sheet

Assets less current liabilities£22k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.76+£8k
20230.14-£23k
20220.16-£34k
20210.23-£17k
20200.23
20190.54

Derived from filed accounts. Not audited figures.