The Firmwatch take
Gym 1 Fitness Ltd is a 3-year-old SIC 93130 company, active on the Companies House register. The latest filed accounts (year to 31 December 2024) show -GBP 53k in net assets, with 1 distress signal extracted from the filing (negative net assets). No insolvency or strike-off filings appear in our public Companies House and Gazette data.
Refreshed 24 May 2026
Incorporated
22 December 2022
3 years on the register
Sector
Fitness facilities
SIC 93130
Size
Not classified
Net assets
−£53k
-£53,308
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
High insolvency risk
The latest public accounts show multiple stress signals. Treat this as a prompt for deeper checks, not as a formal insolvency prediction.
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Weak current ratio
Current assets are less than 75% of current liabilities.
Money
What the balance sheet says
Net assets
−£53k
Cash
Not disclosed
Working cap.
−£109k
Current ratio
0.0×
Signals · 3
Negative net assets
The latest filed accounts show liabilities exceeding assets.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
Address pattern · LU1 3PE
257 other UK companies registered at this postcode.
Active
234
Dissolved
8
Strike-off action
13
People
Who runs this company
- KS
KOYES, Shahed Ahmed
director · since 2022
Registered office
Address intelligence
257 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.