Failsworth Fitness Ltd
11918501
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 11/01/2023
DIRECTOR
BRITISH · UNITED KINGDOM · Age 39
Also on 5 other boards
Persons with Significant Control
Mr John Thomas James Wilds
British · United Kingdom · Age 39
Unit 23/24, Failsworth Industrial Estate, Failsworth, M35 0BN
Notified 11/01/2023
Former PSCs
Mr Mark Mckim
Ceased 31/05/2024
CompanyRankvs 5596+ SIC 93130 peers45
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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 30/04/2024
Net Worth
-£18k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£39k
Working capital
Current Assets
£120k
Current Liabilities
£159k
Fixed Assets
£78k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.75 | +£9k |
| 2023 | 0.62 | -£10k |
| 2022 | 2.33 | +£17k |
| 2021 | 0.09 | -£68k |
| 2020 | 0.08 | — |
Derived from filed accounts. Not audited figures.