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Format Fitness Limited

14124009

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

1-3 STATION PARADE, LONDON, E11 1QF
Incorporated 23/05/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93130
Fitness facilities

Officers

Mr Bradley John Gilling

director · Since 23/05/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 31

Mr Christopher Jean Louis Vele

director · Since 23/05/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Persons with Significant Control

Mr Christopher Jean Louis Vele

25–50% shares
25–50% votes

British · United Kingdom · Age 35

1-3, Station Parade, London, E11 1QF

Notified 23/05/2022

Mr Bradley John Gilling

25–50% shares
25–50% votes

British · United Kingdom · Age 31

1-3, Station Parade, London, E11 1QF

Notified 23/05/2022

CompanyRankvs 2741+ SIC 93130 peers
56

Financial strength83th percentile among SIC peers · 21/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.42× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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2741Format Fitness Limited
56
How is this score calculated?
Financial strength21/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

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

Liquidity2/20 pts

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

Longevity4/15 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 31/05/2025

Net Worth

£26k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£21k

Working capital

Current Assets

£41k

Current Liabilities

£100k

Fixed Assets

£65k

5avg. employees+2

Tax at Year End(2023)

Corp tax£15k
VAT£3k

Director Loans(2023)

Directors owe company£3k

Balance Sheet

Assets less current liabilities£44k
Signed by Mr Christopher Vele 4 July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.42-£55k—
20241.06-£3k—
20232.59—£67k

Derived from filed accounts. Not audited figures.