tower bridge health clubs limited
tower bridge health clubs limited Company Information
Company Number
05458732
Next Accounts
Sep 2025
Shareholders
third space holdings ltd
Group Structure
View All
Industry
Fitness facilities
Registered Address
16-19 canada square, london, E14 5ER
Website
thirtysevendegrees.co.uktower bridge health clubs limited Estimated Valuation
Pomanda estimates the enterprise value of TOWER BRIDGE HEALTH CLUBS LIMITED at £10.5m based on a Turnover of £7.3m and 1.44x industry multiple (adjusted for size and gross margin).
tower bridge health clubs limited Estimated Valuation
Pomanda estimates the enterprise value of TOWER BRIDGE HEALTH CLUBS LIMITED at £24.5m based on an EBITDA of £3.8m and a 6.46x industry multiple (adjusted for size and gross margin).
tower bridge health clubs limited Estimated Valuation
Pomanda estimates the enterprise value of TOWER BRIDGE HEALTH CLUBS LIMITED at £13m based on Net Assets of £3.5m and 3.68x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Tower Bridge Health Clubs Limited Overview
Tower Bridge Health Clubs Limited is a live company located in london, E14 5ER with a Companies House number of 05458732. It operates in the fitness facilities sector, SIC Code 93130. Founded in May 2005, it's largest shareholder is third space holdings ltd with a 100% stake. Tower Bridge Health Clubs Limited is a mature, mid sized company, Pomanda has estimated its turnover at £7.3m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Tower Bridge Health Clubs Limited Health Check
Pomanda's financial health check has awarded Tower Bridge Health Clubs Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs
8 Strong
1 Regular
2 Weak
Size
annual sales of £7.3m, make it larger than the average company (£269.1k)
£7.3m - Tower Bridge Health Clubs Limited
£269.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 49%, show it is growing at a faster rate (7.6%)
49% - Tower Bridge Health Clubs Limited
7.6% - Industry AVG
Production
with a gross margin of 86.4%, this company has a comparable cost of product (84.6%)
86.4% - Tower Bridge Health Clubs Limited
84.6% - Industry AVG
Profitability
an operating margin of 44.6% make it more profitable than the average company (3.9%)
44.6% - Tower Bridge Health Clubs Limited
3.9% - Industry AVG
Employees
with 49 employees, this is above the industry average (9)
49 - Tower Bridge Health Clubs Limited
9 - Industry AVG
Pay Structure
on an average salary of £40.4k, the company has a higher pay structure (£20k)
£40.4k - Tower Bridge Health Clubs Limited
£20k - Industry AVG
Efficiency
resulting in sales per employee of £149.4k, this is more efficient (£64.3k)
£149.4k - Tower Bridge Health Clubs Limited
£64.3k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (12 days)
0 days - Tower Bridge Health Clubs Limited
12 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (89 days)
13 days - Tower Bridge Health Clubs Limited
89 days - Industry AVG
Stock Days
it holds stock equivalent to 11 days, this is less than average (21 days)
11 days - Tower Bridge Health Clubs Limited
21 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Tower Bridge Health Clubs Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 42.3%, this is a lower level of debt than the average (83.7%)
42.3% - Tower Bridge Health Clubs Limited
83.7% - Industry AVG
TOWER BRIDGE HEALTH CLUBS LIMITED financials
Tower Bridge Health Clubs Limited's latest turnover from December 2023 is £7.3 million and the company has net assets of £3.5 million. According to their latest financial statements, Tower Bridge Health Clubs Limited has 49 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 7,318,221 | 5,918,435 | 3,296,276 | 2,226,126 | 5,559,869 | 4,733,337 | 4,090,252 | 2,774,484 | 2,868,760 | 3,641,695 | 2,859,768 | 2,797,203 | 2,431,003 | ||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 996,504 | 974,650 | 676,173 | 522,912 | 1,043,104 | 618,683 | 631,202 | 446,022 | 385,603 | 291,683 | 132,184 | 128,916 | 131,431 | ||
| Gross Profit | 6,321,717 | 4,943,785 | 2,620,103 | 1,703,214 | 4,516,765 | 4,114,654 | 3,459,050 | 2,328,462 | 2,483,157 | 3,350,012 | 2,727,584 | 2,668,287 | 2,299,572 | ||
| Admin Expenses | 3,608,666 | 3,447,498 | 3,270,164 | 2,756,339 | 1,982,468 | 5,432,743 | 1,938,615 | 1,911,737 | 1,707,737 | ||||||
| Operating Profit | 908,099 | 667,156 | 188,886 | -427,877 | 500,689 | -2,082,731 | 788,969 | 756,550 | 591,835 | ||||||
| Interest Payable | 3,655 | 9,770 | 144,963 | 175,672 | 267,141 | 309,012 | |||||||||
| Interest Receivable | 2,127 | 13,000 | 3,750 | 933 | |||||||||||
| Pre-Tax Profit | 2,384,684 | 711,626 | -242,653 | -721,866 | 908,099 | 663,501 | 188,886 | -425,750 | 490,919 | -2,227,694 | 626,297 | 493,159 | 283,756 | ||
| Tax | -2,647 | -134,824 | 66,701 | 118,534 | 773 | -15,000 | -20,726 | 24,373 | 107,686 | -100,091 | -151,770 | -205,681 | -80,111 | ||
| Profit After Tax | 2,382,037 | 576,802 | -175,952 | -603,332 | 908,872 | 648,501 | 168,160 | -401,377 | 598,605 | -2,327,785 | 474,527 | 287,478 | 203,645 | ||
| Dividends Paid | |||||||||||||||
| Retained Profit | 2,382,037 | 576,802 | -175,952 | -603,332 | 908,872 | 648,501 | 168,160 | -401,377 | 598,605 | -2,327,785 | 474,527 | 287,478 | 203,645 | ||
| Employee Costs | 1,981,003 | 1,546,626 | 1,170,112 | 988,875 | 1,193,655 | 865,709 | 771,779 | 750,343 | 692,141 | 1,365,026 | |||||
| Number Of Employees | 49 | 48 | 44 | 43 | 41 | 27 | 23 | 26 | 36 | 36 | |||||
| EBITDA* | 1,360,212 | 1,133,560 | 678,919 | -43,158 | 590,150 | -1,839,181 | 961,689 | 921,050 | 760,163 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,551,284 | 1,474,761 | 1,696,968 | 1,932,251 | 2,326,575 | 2,298,979 | 2,499,987 | 2,936,593 | 1,901,195 | 209,341 | 2,272,668 | 2,322,706 | 2,436,199 | 2,095,686 | 2,289,927 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | 4,327,037 | 20,184 | 155,008 | 88,307 | 133,750 | ||||||||||
| Total Fixed Assets | 5,878,321 | 1,494,945 | 1,851,976 | 2,020,558 | 2,326,575 | 2,298,979 | 2,499,987 | 2,936,593 | 1,901,195 | 209,341 | 2,272,668 | 2,456,456 | 2,436,199 | 2,095,686 | 2,289,927 |
| Stock & work in progress | 32,644 | 26,661 | 40,270 | 37,979 | 38,637 | 21,779 | 12,874 | 6,013 | 1,338 | 14,897 | 16,769 | 11,786 | 9,920 | 12,410 | 15,168 |
| Trade Debtors | 11,339 | 83,548 | 88,968 | 41,651 | 53,883 | 23,999 | 21,834 | 23,139 | 88,254 | 19,016 | 2,312 | 14,377 | 8,174 | 286,434 | 385,098 |
| Group Debtors | 1,319,438 | 841,522 | 4,733,834 | 4,129,790 | 2,374,381 | 1,436 | |||||||||
| Misc Debtors | 175,753 | 175,771 | 121,555 | 322,431 | 190,365 | 167,635 | 161,286 | 166,583 | 521,951 | 136,134 | 670,894 | 240,577 | 232,658 | ||
| Cash | 388 | 408 | 2,038 | 52,261 | 352,541 | 604,760 | 7,277 | 9,537 | 962 | 356,100 | 127,677 | ||||
| misc current assets | |||||||||||||||
| total current assets | 219,736 | 1,605,418 | 1,092,315 | 5,135,895 | 4,413,063 | 2,588,202 | 198,032 | 247,996 | 965,520 | 774,807 | 697,252 | 276,277 | 251,714 | 654,944 | 527,943 |
| total assets | 6,098,057 | 3,100,363 | 2,944,291 | 7,156,453 | 6,739,638 | 4,887,181 | 2,698,019 | 3,184,589 | 2,866,715 | 984,148 | 2,969,920 | 2,732,733 | 2,687,913 | 2,750,630 | 2,817,870 |
| Bank overdraft | 35,573 | 30,508 | 43,597 | ||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 37,510 | 236,325 | 132,145 | 443,578 | 130,425 | 107,854 | 146,104 | 97,825 | 151,949 | 63,140 | 163,176 | 166,683 | 75,721 | 471,337 | 600,799 |
| Group/Directors Accounts | 958,469 | 1,376,613 | 5,317,231 | 4,562,042 | 3,701,516 | 2,237,826 | 3,036,506 | 2,315,114 | 500,156 | ||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 13,899 | 154,078 | |||||||||||||
| other current liabilities | 1,047,405 | 769,309 | 876,075 | 660,234 | 678,202 | 616,941 | 481,147 | 421,049 | 371,167 | 716,894 | 546,699 | 334,809 | 260,655 | ||
| total current liabilities | 1,084,915 | 1,964,103 | 2,384,833 | 6,421,043 | 5,370,669 | 4,426,311 | 2,900,650 | 3,555,380 | 2,852,129 | 1,434,268 | 740,383 | 501,492 | 379,973 | 471,337 | 600,799 |
| loans | 1,494,845 | 990,000 | 1,465,000 | 1,968,000 | 2,143,000 | 2,443,000 | |||||||||
| hp & lease commitments | 13,899 | ||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 30,227 | 31,000 | 16,000 | 16,000 | 120,000 | 137,592 | 138,823 | ||||||||
| total long term liabilities | 1,494,845 | 30,227 | 31,000 | 16,000 | 16,000 | 133,899 | 1,127,592 | 1,603,823 | 1,968,000 | 2,143,000 | 2,443,000 | ||||
| total liabilities | 2,579,760 | 1,964,103 | 2,384,833 | 6,421,043 | 5,400,896 | 4,457,311 | 2,916,650 | 3,571,380 | 2,852,129 | 1,568,167 | 1,867,975 | 2,105,315 | 2,347,973 | 2,614,337 | 3,043,799 |
| net assets | 3,518,297 | 1,136,260 | 559,458 | 735,410 | 1,338,742 | 429,870 | -218,631 | -386,791 | 14,586 | -584,019 | 1,101,945 | 627,418 | 339,940 | 136,293 | -225,929 |
| total shareholders funds | 3,518,297 | 1,136,260 | 559,458 | 735,410 | 1,338,742 | 429,870 | -218,631 | -386,791 | 14,586 | -584,019 | 1,101,945 | 627,418 | 339,940 | 136,293 | -225,929 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 908,099 | 667,156 | 188,886 | -427,877 | 500,689 | -2,082,731 | 788,969 | 756,550 | 591,835 | ||||||
| Depreciation | 525,573 | 465,550 | 466,198 | 499,045 | 452,113 | 466,404 | 490,033 | 384,719 | 89,461 | 243,550 | 172,720 | 164,500 | 168,328 | 186,493 | 260,447 |
| Amortisation | |||||||||||||||
| Tax | -2,647 | -134,824 | 66,701 | 118,534 | 773 | -15,000 | -20,726 | 24,373 | 107,686 | -100,091 | -151,770 | -205,681 | -80,111 | ||
| Stock | 5,983 | -13,609 | 2,291 | -658 | 16,858 | 8,905 | 6,861 | 4,675 | -13,559 | -1,872 | 4,983 | 1,866 | -2,490 | -2,758 | 15,168 |
| Debtors | 2,915,188 | 391,888 | -3,979,170 | 812,185 | 1,808,023 | 2,382,895 | -6,602 | -421,919 | 456,491 | -518,056 | 284,502 | 147,872 | -45,602 | -98,664 | 385,098 |
| Creditors | -198,815 | 104,180 | -311,433 | 313,153 | 22,571 | -38,250 | 48,279 | -54,124 | 88,809 | -100,036 | -3,507 | 90,962 | -395,616 | -129,462 | 600,799 |
| Accruals and Deferred Income | 278,096 | -106,766 | 215,841 | -17,968 | 61,261 | 135,794 | 60,098 | 49,882 | -345,727 | 170,195 | 211,890 | 74,154 | 260,655 | ||
| Deferred Taxes & Provisions | -30,227 | -773 | 15,000 | 16,000 | -120,000 | -17,592 | -1,231 | 138,823 | |||||||
| Cash flow from operations | -380,837 | -1,160,696 | 766,311 | 410,217 | -122,014 | -1,366,777 | 727,586 | 869,570 | 593,183 | ||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -958,469 | -418,144 | -3,940,618 | 755,189 | 860,526 | 1,463,690 | -798,680 | 721,392 | 1,814,958 | 500,156 | |||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | 1,494,845 | -990,000 | -475,000 | -503,000 | -175,000 | -300,000 | 2,443,000 | ||||||||
| Hire Purchase and Lease Commitments | -13,899 | -154,078 | 167,977 | ||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -3,655 | 2,127 | -9,770 | -144,963 | -162,672 | -263,391 | -308,079 | ||||||||
| cash flow from financing | 536,376 | -418,144 | -3,940,618 | 755,189 | 860,526 | 1,460,035 | -798,680 | 709,620 | 1,651,110 | 174,991 | -637,672 | -766,391 | -483,077 | ||
| cash and cash equivalents | |||||||||||||||
| cash | -388 | -20 | -1,630 | -50,223 | -300,280 | -252,219 | 597,483 | -2,260 | 8,575 | -355,138 | 228,423 | 127,677 | |||
| overdraft | -35,573 | 35,573 | -30,508 | 30,508 | -43,597 | 43,597 | |||||||||
| change in cash | -388 | -20 | 33,943 | -85,796 | -300,280 | -252,219 | 627,991 | -32,768 | 52,172 | -398,735 | 228,423 | 127,677 |
tower bridge health clubs limited Credit Report and Business Information
Tower Bridge Health Clubs Limited Competitor Analysis
Perform a competitor analysis for tower bridge health clubs limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other mid companies, companies in E14 area or any other competitors across 12 key performance metrics.
tower bridge health clubs limited Ownership
TOWER BRIDGE HEALTH CLUBS LIMITED group structure
Tower Bridge Health Clubs Limited has no subsidiary companies.
Ultimate parent company
STEELE OFFSHORE BLEU LLC
#0132290
2 parents
TOWER BRIDGE HEALTH CLUBS LIMITED
05458732
tower bridge health clubs limited directors
Tower Bridge Health Clubs Limited currently has 3 directors. The longest serving directors include Mr John Penny (Nov 2014) and Mr Colin Waggett (Dec 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Penny | England | 47 years | Nov 2014 | - | Director |
| Mr Colin Waggett | England | 55 years | Dec 2015 | - | Director |
| Mrs Suzanne Clarkson | England | 41 years | Sep 2023 | - | Director |
P&L
December 2023turnover
7.3m
+24%
operating profit
3.3m
0%
gross margin
86.4%
+3.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.5m
+2.1%
total assets
6.1m
+0.97%
cash
0
0%
net assets
Total assets minus all liabilities
tower bridge health clubs limited company details
company number
05458732
Type
Private limited with Share Capital
industry
93130 - Fitness facilities
incorporation date
May 2005
age
20
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
ark leisure vct limited (July 2005)
platecable limited (July 2005)
accountant
-
auditor
-
address
16-19 canada square, london, E14 5ER
Bank
-
Legal Advisor
-
tower bridge health clubs limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 7 charges/mortgages relating to tower bridge health clubs limited. Currently there are 1 open charges and 6 have been satisfied in the past.
tower bridge health clubs limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for TOWER BRIDGE HEALTH CLUBS LIMITED. This can take several minutes, an email will notify you when this has completed.
tower bridge health clubs limited Companies House Filings - See Documents
| date | description | view/download |
|---|
