Mindset Functional Fitness Ltd
11785176
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 18/01/2023
DIRECTOR
BRITISH · WALES · Age 55
Also on 2 other boards
Persons with Significant Control
Mr Lee Williams
Welsh · Wales · Age 50
Unit F Rainbow House, Merthyr Tydfil Industrial Park, Merthyr Tydfil, CF48 4DR
Notified 26/01/2023
Mr Darren John Williams
Welsh · Wales · Age 55
Unit F Rainbow House, Merthyr Tydfil Industrial Park, Merthyr Tydfil, CF48 4DR
Notified 26/01/2023
Mr Jonathan Davies
Welsh · Wales · Age 61
Unit F Rainbow House, Merthyr Tydfil Industrial Park, Merthyr Tydfil, CF48 4DR
Notified 26/01/2023
Mr Neil Adams
Welsh · Wales · Age 43
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
LLOYDS BANK PLC
ASSET ADVANTAGE LIMITED
CompanyRankvs 9117+ SIC 93130 peers17
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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 29/06/2024
Net Worth
-£125k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£43k
Working capital
Current Assets
£186
Current Liabilities
£43k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.00 | -£111k |
| 2023 | 0.33 | -£24k |
| 2022 | 0.74 | +£631 |
| 2021 | 0.86 | — |
| 2020 | 0.75 | — |
Derived from filed accounts. Not audited figures.