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24n Fitness Ltd

14437446

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • 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 36

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 7005+ SIC 93130 peers
27

Financial strength2th percentile among SIC peers · 1/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.19× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees15/15 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.

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 31/08/2025

Net Worth

-£257k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£127k

Working capital

Current Assets

£29k

Current Liabilities

£156k

Fixed Assets

£364k

14avg. employees+4

Balance Sheet

Assets less current liabilities£237k
Signed by 14437446 2024-09-01 2025-08-31 14437446 2025-08-31 14437446 core:CurrentFinancialInstruments core:WithinOneYear 2025-08-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.19+£197k
20241.04

Derived from filed accounts. Not audited figures.