Grand Gyms Ltd
11811138
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 21/01/2020
DIRECTOR
BRITISH · ENGLAND · Age 39
Also on 4 other boards
Persons with Significant Control
Mr Vahram Papazyan
British · England · Age 39
21 Feel Fit, Templar's Square, Oxford, OX4 3XQ
Notified 21/01/2020
Former PSCs
Mr Tihomir Lalic
Ceased 06/06/2019
Mr Vahram Papazyan
Ceased 06/06/2019
Mr Edwin Chijioke Chukwudi Igweh
Ceased 21/01/2020
Mr Tihomir Lalic
Ceased 26/08/2021
CompanyRankvs 5795+ SIC 93130 peers44
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 28/02/2025
Net Worth
-£79k
Balance sheet strength
Cash
£5k
Cash in the bank
Net Current Assets
-£84k
Working capital
Current Assets
£111k
Current Liabilities
£196k
Fixed Assets
£10k
Debtors
£106k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.57 | -£113k |
| 2024 | 0.54 | -£24k |
| 2023 | 0.79 | — |
Derived from filed accounts. Not audited figures.