the fitt hub limited
the fitt hub limited Company Information
Group Structure
View All
Industry
Fitness facilities
Registered Address
unit 6 ariane, tamworth, b797xf, B79 7XF
Website
-the fitt hub limited Estimated Valuation
Pomanda estimates the enterprise value of THE FITT HUB LIMITED at £132.9k based on a Turnover of £111.1k and 1.2x industry multiple (adjusted for size and gross margin).
the fitt hub limited Estimated Valuation
Pomanda estimates the enterprise value of THE FITT HUB LIMITED at £48.1k based on an EBITDA of £8.9k and a 5.39x industry multiple (adjusted for size and gross margin).
the fitt hub limited Estimated Valuation
Pomanda estimates the enterprise value of THE FITT HUB LIMITED at £29.9k based on Net Assets of £8.1k and 3.68x industry multiple (adjusted for liquidity).
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The Fitt Hub Limited Overview
The Fitt Hub Limited is a live company located in b797xf, B79 7XF with a Companies House number of 07826438. It operates in the fitness facilities sector, SIC Code 93130. Founded in October 2011, it's largest shareholder is dean sutheran with a 100% stake. The Fitt Hub Limited is a established, micro sized company, Pomanda has estimated its turnover at £111.1k with low growth in recent years.
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The Fitt Hub Limited Health Check
Pomanda's financial health check has awarded The Fitt Hub Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
5 Regular
6 Weak
Size
annual sales of £111.1k, make it smaller than the average company (£238.8k)
- The Fitt Hub Limited
£238.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (4.4%)
- The Fitt Hub Limited
4.4% - Industry AVG
Production
with a gross margin of 83.5%, this company has a comparable cost of product (83.5%)
- The Fitt Hub Limited
83.5% - Industry AVG
Profitability
an operating margin of 1.8% make it as profitable than the average company (2.2%)
- The Fitt Hub Limited
2.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - The Fitt Hub Limited
6 - Industry AVG
Pay Structure
on an average salary of £18.4k, the company has an equivalent pay structure (£18.4k)
- The Fitt Hub Limited
£18.4k - Industry AVG
Efficiency
resulting in sales per employee of £55.6k, this is equally as efficient (£61k)
- The Fitt Hub Limited
£61k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- The Fitt Hub Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (87 days)
- The Fitt Hub Limited
87 days - Industry AVG
Stock Days
it holds stock equivalent to 92 days, this is more than average (16 days)
- The Fitt Hub Limited
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is less cash available to meet short term requirements (20 weeks)
5 weeks - The Fitt Hub Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.5%, this is a similar level of debt than the average (87.5%)
81.5% - The Fitt Hub Limited
87.5% - Industry AVG
THE FITT HUB LIMITED financials
The Fitt Hub Limited's latest turnover from October 2023 is estimated at £111.1 thousand and the company has net assets of £8.1 thousand. According to their latest financial statements, The Fitt Hub Limited has 2 employees and maintains cash reserves of £3.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 99,788 | 102,654 | 131,326 | 123,865 | 64,201 | |||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | 17,332 | 28,775 | 23,692 | 18,643 | ||||||||
| Gross Profit | 85,322 | 102,551 | 100,173 | 45,558 | ||||||||
| Admin Expenses | 83,016 | 90,756 | 102,376 | 54,794 | ||||||||
| Operating Profit | 2,306 | 11,795 | -2,203 | -9,236 | ||||||||
| Interest Payable | ||||||||||||
| Interest Receivable | ||||||||||||
| Pre-Tax Profit | 9,520 | 2,306 | 11,795 | -2,203 | -9,236 | |||||||
| Tax | 1,978 | 460 | -111 | -3,529 | ||||||||
| Profit After Tax | 9,520 | 4,284 | 12,255 | -2,314 | -12,765 | |||||||
| Dividends Paid | ||||||||||||
| Retained Profit | 9,520 | 4,284 | 12,255 | -2,314 | -12,765 | |||||||
| Employee Costs | ||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 1 | 1 | 1 | |||||
| EBITDA* | 6,389 | 15,621 | 2,477 | -4,681 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 35,907 | 27,089 | 25,790 | 12,632 | 12,641 | 12,572 | 14,983 | 17,754 | 21,816 | 15,899 | 18,200 | 17,643 |
| Intangible Assets | ||||||||||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 35,907 | 27,089 | 25,790 | 12,632 | 12,641 | 12,572 | 14,983 | 17,754 | 21,816 | 15,899 | 18,200 | 17,643 |
| Stock & work in progress | 4,656 | 3,880 | 3,233 | 2,375 | 3,550 | 5,750 | 5,750 | |||||
| Trade Debtors | 1,287 | 1,145 | ||||||||||
| Group Debtors | ||||||||||||
| Misc Debtors | 1,416 | 490 | 392 | 1,665 | 2,706 | 64 | ||||||
| Cash | 3,405 | 8,673 | 1,477 | 7,850 | 5,714 | 2,128 | 10 | 10 | 10 | 3,140 | 5,810 | |
| misc current assets | ||||||||||||
| total current assets | 8,061 | 12,553 | 4,710 | 10,225 | 3,550 | 11,464 | 9,294 | 500 | 402 | 1,675 | 7,133 | 7,019 |
| total assets | 43,968 | 39,642 | 30,500 | 22,857 | 16,191 | 24,036 | 24,277 | 18,254 | 22,218 | 17,574 | 25,333 | 24,662 |
| Bank overdraft | 4,000 | 4,000 | 3,600 | 3,600 | 317 | 3,210 | 316 | |||||
| Bank loan | ||||||||||||
| Trade Creditors | 1 | 1 | 11,235 | 1 | 1,077 | 1,078 | ||||||
| Group/Directors Accounts | ||||||||||||
| other short term finances | ||||||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | 28,178 | 20,782 | 17,853 | 6,652 | 11,419 | 7,618 | 10,994 | 15,750 | 24,693 | 18,318 | ||
| total current liabilities | 32,179 | 24,783 | 21,453 | 10,252 | 11,235 | 20,654 | 11,419 | 7,936 | 14,204 | 16,066 | 25,770 | 19,396 |
| loans | 3,667 | 7,667 | 1,800 | 5,400 | ||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | 4,293 | 1,148 | 5,350 | 1,150 | 11,000 | 14,500 | ||||||
| provisions | 2,400 | 1,202 | 1,202 | 1,202 | 3,180 | 3,640 | 3,529 | |||||
| total long term liabilities | 3,667 | 7,667 | 1,800 | 7,800 | 10,058 | 6,051 | 5,495 | 2,350 | 6,552 | 4,330 | 14,640 | 18,029 |
| total liabilities | 35,846 | 32,450 | 23,253 | 18,052 | 21,293 | 26,705 | 16,914 | 10,286 | 20,756 | 20,396 | 40,410 | 37,425 |
| net assets | 8,122 | 7,192 | 7,247 | 4,805 | -5,102 | -2,669 | 7,363 | 7,968 | 1,462 | -2,822 | -15,077 | -12,763 |
| total shareholders funds | 8,122 | 7,192 | 7,247 | 4,805 | -5,102 | -2,669 | 7,363 | 7,968 | 1,462 | -2,822 | -15,077 | -12,763 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 2,306 | 11,795 | -2,203 | -9,236 | ||||||||
| Depreciation | 6,912 | 5,910 | 4,913 | 2,392 | 2,701 | 2,411 | 2,771 | 4,062 | 4,083 | 3,826 | 4,680 | 4,555 |
| Amortisation | ||||||||||||
| Tax | 1,978 | 460 | -111 | -3,529 | ||||||||
| Stock | 776 | 647 | 858 | -1,175 | -2,200 | 5,750 | ||||||
| Debtors | -1,416 | 926 | 98 | -1,273 | -2,328 | 2,784 | 1,209 | |||||
| Creditors | 1 | -11,235 | 11,235 | -1 | 1 | -1,077 | -1 | 1,078 | ||||
| Accruals and Deferred Income | 7,396 | 2,929 | 11,201 | 6,652 | -11,419 | 3,801 | -3,376 | -4,756 | -8,943 | 6,375 | 18,318 | |
| Deferred Taxes & Provisions | -2,400 | 2,400 | -1,202 | -1,978 | -460 | 111 | 3,529 | |||||
| Cash flow from operations | 2,906 | 7,929 | 6,067 | 13,506 | ||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | ||||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | ||||||||||||
| Other Short Term Loans | ||||||||||||
| Long term loans | -4,000 | 5,867 | -3,600 | 5,400 | ||||||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | -4,293 | 3,145 | -4,202 | 4,200 | -9,850 | -3,500 | 14,500 | |||||
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | -7,216 | 4,200 | -9,850 | -3,500 | 14,502 | |||||||
| cash and cash equivalents | ||||||||||||
| cash | -5,268 | 7,196 | -6,373 | 7,850 | -5,714 | 3,586 | 2,118 | -3,130 | -2,670 | 5,810 | ||
| overdraft | 400 | 3,600 | -317 | -2,893 | 2,894 | 316 | ||||||
| change in cash | -5,268 | 6,796 | -6,373 | 4,250 | -5,714 | 3,586 | 2,435 | 2,893 | -2,894 | -3,446 | -2,670 | 5,810 |
the fitt hub limited Credit Report and Business Information
The Fitt Hub Limited Competitor Analysis
Perform a competitor analysis for the fitt hub limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in B79 area or any other competitors across 12 key performance metrics.
the fitt hub limited Ownership
THE FITT HUB LIMITED group structure
The Fitt Hub Limited has no subsidiary companies.
Ultimate parent company
THE FITT HUB LIMITED
07826438
the fitt hub limited directors
The Fitt Hub Limited currently has 1 director, Mr Dean Sutheran serving since Jul 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Dean Sutheran | England | 51 years | Jul 2016 | - | Director |
P&L
October 2023turnover
111.1k
+15%
operating profit
2k
0%
gross margin
83.6%
-0.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
8.1k
+0.13%
total assets
44k
+0.11%
cash
3.4k
-0.61%
net assets
Total assets minus all liabilities
the fitt hub limited company details
company number
07826438
Type
Private limited with Share Capital
industry
93130 - Fitness facilities
incorporation date
October 2011
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
N/A
accountant
ATHOS BUSINESS SOLUTIONS LIMITED
auditor
-
address
unit 6 ariane, tamworth, b797xf, B79 7XF
Bank
-
Legal Advisor
-
the fitt hub 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 did not find charges/mortgages relating to the fitt hub limited.
the fitt hub 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.
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the fitt hub limited Companies House Filings - See Documents
| date | description | view/download |
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