Precor Fitness Limited
12409708
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/04/2021
ASSOCIATE GENERAL COUNSEL
BRITISH · ENGLAND · Age 51
Also on 3 other boards
Persons with Significant Control
Peloton Interactive, Inc.
441 Ninth Avenue, 6th Floor, New York
Reg: 5711910 · Delaware Secretary Of State'S Office · C-Corporation
Notified 01/04/2021
CompanyRankvs 8600+ SIC 32300 peers32
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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
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
and opportunities, to reduce its reliance on this group support. The directors do not consider this to be cause for material uncertainty in respect of the company’s ability to continue as a going concern, having reviewed the business plans of the company within the context of the wider group's business plan and have satisfied themselved that there are no reasons to expect that group supp
Key FinancialsYear ending 30/06/2024
Net Worth
-£45.0M
Balance sheet strength
Cash
£139k
Cash in the bank
Net Current Assets
-£28.1M
Working capital
Current Assets
£30.3M
Current Liabilities
£58.5M
Fixed Assets
£24k
Debtors
£24.4M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.52 | -£10.7M |
| 2023 | 0.51 | -£15.5M |
| 2022 | 0.86 | -£15.6M |
| 2021 | 4.15 | — |
Derived from filed accounts. Not audited figures.