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
Analytics
Risk, value and sector comparison
Insolvency risk
68/100
high risk
Estimated public-data value
-£53,308 - £0
low confidence - negative net assets visible value
Sector comparison
Sector benchmark not available yet. This appears when the company has SIC data and enough imported peer accounts.
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.
Risk and value are estimates from public accounts only. They are not a credit score, valuation opinion or insolvency prediction guarantee. See methodology.
Balance sheet
Full extracted balance sheet
Cash at bank
Bank balances disclosed in the public accounts.
Not disclosed
Current assets
Assets expected to turn into cash within one year.
£3,481
Current liabilities
Amounts due within one year (short-term creditors).
£112,585
Working capital
Current assets minus current liabilities.
-£109,104
Fixed assets
Long-term tangible and intangible assets.
£61,080
Total assets less current liabilities
Fixed assets plus working capital.
-£48,024
Net assets
What's left after liabilities are deducted from assets.
-£53,308
Equity (capital & reserves)
Shareholder funds.
-£53,308
Figures extracted from the company's public XBRL/iXBRL filing. Fields shown as Not disclosed are not legally required for this filing type and are absent from the source document — they are not necessarily zero.
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.