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Mindset Functional Fitness Ltd

11785176

active
Private Limited Company
wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

UNIT F RAINBOW HOUSE MERTHYR TYDFIL INDUSTRIAL PARK, MERTHYR TYDFIL, CF48 4DR
Incorporated 24/01/2019

Compliance

Last accounts

31/05/2025

micro entity

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 09/07/2025

Due 23/07/2026

On track

Industry

93130
Fitness facilities

Officers

Mr Darren John Williams

director · Since 18/01/2023

DIRECTOR

BRITISH · WALES · Age 55

Also on 2 other boards

Mr David Lee Williams

director · Since 18/01/2023

DIRECTOR

BRITISH · WALES · Age 51

Persons with Significant Control

Mr Darren John Williams

Significant control

Welsh · Wales · Age 55

Unit F Rainbow House, Merthyr Tydfil Industrial Park, Merthyr Tydfil, CF48 4DR

Notified 26/01/2023

Mr Jonathan Davies

Significant control

Welsh · Wales · Age 61

Unit F Rainbow House, Merthyr Tydfil Industrial Park, Merthyr Tydfil, CF48 4DR

Notified 26/01/2023

Mr Neil Adams

Significant control

Welsh · Wales · Age 44

Unit F Rainbow House, Merthyr Tydfil Industrial Park, Merthyr Tydfil, CF48 4DR

Notified 26/01/2023

Mr Lee Williams

Significant control

Welsh · Wales · Age 51

Unit F Rainbow House, Merthyr Tydfil Industrial Park, Merthyr Tydfil, CF48 4DR

Notified 26/01/2023

Former PSCs

Mr David Rhys John

Ceased 30/06/2019

Mr Neil James Adams

Ceased 18/01/2023

Mr Dean Hawker

Ceased 18/01/2023

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 29/09/2023Registered 29/09/2023
Charge
satisfied

ASSET ADVANTAGE LIMITED

Created 10/10/2019Registered 10/10/2019Satisfied 11/10/2023

CompanyRankvs 9087+ SIC 93130 peers
18

Financial strength4th percentile among SIC peers · 1/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees2/15 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.

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 31/05/2025

Net Worth

-£132k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£40k

Working capital

Current Assets

£861

Current Liabilities

£41k

0avg. employees

Balance Sheet

Assets less current liabilities-£40k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.02-£6k
20240.00-£111k
20230.33

Derived from filed accounts. Not audited figures.