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24n Fitness Ltd

14437446

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

162-164 WALKDEN ROAD, MANCHESTER, M28 7DP
Incorporated 24/10/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93130
Fitness facilities

Officers

Mr Stuart Thomas Pye Bathgate

director · Since 24/10/2022

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Also on 3 other boards

Mr Luis Alejandro Vera

director · Since 11/03/2026

BRITISH · SAUDI ARABIA · Age 43

Also on 1 other board

Persons with Significant Control

Luis Alejandro Vera

25–50% shares

British · England · Age 43

162-164, Walkden Road, Manchester, M28 7DP

Notified 29/11/2023

Mr Saud Al Romaizan

50–75% shares

Saudi Arabian · Saudi Arabia · Age 37

162-164, Walkden Road, Manchester, M28 7DP

Notified 08/01/2025

Former PSCs

Mr Stuart Thomas Pye Bathgate

Ceased 29/11/2023

Saud Al Romaizan

Ceased 29/05/2024

Charges1 outstanding

Charge
outstanding

REWARD FINANCE GROUP LIMITED

Created 22/04/2024Registered 29/04/2024

CompanyRankvs 4816+ SIC 93130 peers
36

Financial strength1th percentile among SIC peers · 0/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.04× · 12/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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481624n Fitness Ltd
45
How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 pts

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

Liquidity12/20 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.

Risk deductions

Outstanding charges: -10 pts

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

-£454k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£4k

Working capital

Current Assets

£90k

Current Liabilities

£86k

Fixed Assets

£427k

10avg. employees

Balance Sheet

Assets less current liabilities£430k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20241.04

Derived from filed accounts. Not audited figures.