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Rare Fitness Ltd

11660649

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

RARE FITNESS LTD, BRAINTREE, CM7 1AS
Incorporated 05/11/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93130
Fitness facilities

Officers

Mrs Hannah Bertha Smith

director · Since 02/10/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 2 other boards

Mr Prince Hainsworth Smith

director · Since 03/08/2024

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 1 other board

Persons with Significant Control

Mr Prince Hainsworth Smith

Significant control

British · England · Age 38

Rare Fitness Ltd, Skitts Hill, Braintree, CM7 1AS

Notified 03/08/2024

Former PSCs

Mr Prince Hainsworth Smith

Ceased 19/12/2022

Mr Alan Brian Troughton

Ceased 23/01/2020

Mr Brian Troughton

Ceased 01/08/2024

Mrs Hannah Bertha Smith

Ceased 19/02/2025

Mr Brian Troughton

Ceased 27/06/2025

CompanyRankvs 2051+ SIC 93130 peers
61

Financial strength93th percentile among SIC peers · 23/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.33× · 2/20
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 strength23/25 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.

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.

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 30/11/2024

Net Worth

£82k

Balance sheet strength

Cash

£118k

Cash in the bank

Net Current Assets

-£301k

Working capital

Current Assets

£147k

Current Liabilities

£448k

Fixed Assets

£424k

Debtors

£29k

4avg. employees-1

Balance Sheet

Bank loans & overdrafts£32k
Assets less current liabilities£123k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.33+£52k
20230.51+£26k
20220.46+£75k
20210.35+£104k
20200.14-£217k
2019-0.15

Derived from filed accounts. Not audited figures.