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Foundry Gym Kidderminster Limited

14579073

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 1 BRITANNIA BUSINESS PARK, KIDDERMINSTER, DY11 7PZ
Incorporated 09/01/2023

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 08/01/2026

Due 22/01/2027

On track

Industry

47250
Retail sale of beverages in specialised stores

Officers

Mr Harjit Singh Sangha

director · Since 09/01/2023

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 3 other boards

Mr Jaskamal Singh

director · Since 09/01/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 31

Also on 1 other board

Persons with Significant Control

Mr Jaskamal Singh

25–50% shares
25–50% votes
Appoint directors

British · England · Age 31

Unit 1, Britannia Business Park, Kidderminster, DY11 7PZ

Notified 09/01/2023

Mr Harjit Singh Sangha

25–50% shares
25–50% votes
Appoint directors

British · England · Age 52

Unit 1, Britannia Business Park, Kidderminster, DY11 7PZ

Notified 09/01/2023

CompanyRankvs 1680+ SIC 47250 peers
38

Financial strength75th percentile among SIC peers · 19/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.32× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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1680Foundry Gym Kidderminster Limited
48
How is this score calculated?
Financial strength19/25 pts

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

Employees9/15 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.

Longevity3/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

at the following rates in order to write off the assets over their estimated useful lives: Plant & machinery 20% reducing balance or 20% straight line Fixtures & fittings 15% straight line Going concern The directors have made an assessment of the company's ability to continue as a going concern for a period of at least twelve months from the date on which the financial statements

Key FinancialsYear ending 31/03/2025

Net Worth

£25k

Balance sheet strength

Cash

£73k

Cash in the bank

Net Current Assets

-£284k

Working capital

Current Assets

£136k

Current Liabilities

£420k

Fixed Assets

£373k

Debtors

£48k

3avg. employees+1

Balance Sheet

Assets less current liabilities£89k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.32+£41k

Derived from filed accounts. Not audited figures.