The Gym Lounge Ltd
13631506
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
micro entity
Next accounts due
30/09/2026
Confirmation statement
Last: 12/11/2025
Due 26/11/2026
Industry
Officers
director · Since 20/09/2021
DIRECTOR
AMERICAN · UNITED KINGDOM · Age 44
Also on 7 other boards
Former
director · Resigned 03/10/2022
director · Resigned 25/06/2024
Persons with Significant Control
Frank Somma
American · United Kingdom · Age 44
Unit 1.7, The Loom, 14 Gowers Walk, London, E1 8PY
Notified 20/09/2021
Former PSCs
Andrew Parker
Ceased 03/10/2022
Change History
Active
Private Limited Company
UNIT 1.7, THE LOOM
LONDON
CompanyRankvs 3219+ SIC 93130 peers54
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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 31/12/2024
Net Worth
£37k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£287k
Working capital
Current Assets
£16k
Current Liabilities
£303k
Fixed Assets
£324k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.05 | +£35k |
| 2023 | 0.10 | — |
Derived from filed accounts. Not audited figures.