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Mgi Fitness International Limited

13544653

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

25 STATION ROAD, BIRMINGHAM, B14 7SR
Incorporated 03/08/2021

Compliance

Last accounts

31/08/2024

micro entity

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 11/05/2025

Due 25/05/2026

On track

Industry

93110
Operation of sports facilities
93130
Fitness facilities
93199
Other amusement and recreation activities
96040
Physical well-being activities

Officers

Mr Mountassir Bouhadba

director · Since 03/08/2021

BUSINESSMAN

FRENCH · FRANCE · Age 35

Also on 1 other board

Persons with Significant Control

Mr Mountassir Bouhadba

50–75% votes
Appoint directors

French · France · Age 35

3102 Business Central Tower B, Dubai Media City, Dubai, 336863

Notified 03/08/2021

Open Development Invest O.D.I Limited

50–75% shares

Excello Law, 5 Chancery Lane Excello Law, 5 Chancery Lane, London, WC2A 1LG

Reg: 10249841 · Companies House · Private Limited Company

Notified 03/08/2021

Mr Anis Madjour

25–50% shares
25–50% votes

French · United Arab Emirates · Age 37

25, Station Road, Birmingham, B14 7SR

Notified 08/04/2022

CompanyRankvs 5053+ SIC 93110 peers
27

Financial strength2th percentile among SIC peers · 1/25
Employees42th percentile among SIC peers · 6/15
LiquidityNo balance sheet data · 0/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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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.

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/08/2024

Net Worth

-£1.8M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£2.3M

Working capital

Current Assets

Current Liabilities

-£2.5M

1avg. employees

Balance Sheet

Assets less current liabilities-£1.5M
Signed by Mountassir Bouhadba

EstimatesDerived

YearCurrent RatioImplied Profit
2024-£603k
20220.09

Derived from filed accounts. Not audited figures.