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Foundry Gym Coventry Limited

15187656

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

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

1110 ELLIOTT COURT COVENTRY BUSINESS PARK, COVENTRY, CV5 6UB
Incorporated 04/10/2023

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 30/09/2025

Due 14/10/2026

On track

Industry

93110
Operation of sports facilities

Officers

Mr Sarbjeet Singh

director · Since 04/10/2023

DIRECTOR

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Mr Sarbjeet Singh

75–100% shares
75–100% votes
Appoint directors

British · England · Age 46

1, Derby Road, Nottingham, NG16 3PA

Notified 04/10/2023

CompanyRankvs 4604+ SIC 93110 peers
32

Financial strength7th percentile among SIC peers · 2/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.21× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees10/15 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.

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

-£108k

Balance sheet strength

Cash

£24k

Cash in the bank

Net Current Assets

-£480k

Working capital

Current Assets

£130k

Current Liabilities

£610k

Fixed Assets

£372k

Debtors

£92k

3avg. employees

Balance Sheet

Intangible assets£9k
Assets less current liabilities-£108k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent Ratio
20240.21

Derived from filed accounts. Not audited figures.