polaris fitness studios limited
polaris fitness studios limited Company Information
Company Number
09058064
Website
www.polarisfitness.co.ukRegistered Address
8 woburn close, bushey, hertfordshire, WD23 4XA
Industry
Fitness facilities
Telephone
01923590512
Next Accounts Due
February 2025
Group Structure
View All
Directors
David Shapiro10 Years
Shareholders
david shapiro 100%
polaris fitness studios limited Estimated Valuation
Pomanda estimates the enterprise value of POLARIS FITNESS STUDIOS LIMITED at £36k based on a Turnover of £37.6k and 0.96x industry multiple (adjusted for size and gross margin).
polaris fitness studios limited Estimated Valuation
Pomanda estimates the enterprise value of POLARIS FITNESS STUDIOS LIMITED at £0 based on an EBITDA of £-6.1k and a 3.96x industry multiple (adjusted for size and gross margin).
polaris fitness studios limited Estimated Valuation
Pomanda estimates the enterprise value of POLARIS FITNESS STUDIOS LIMITED at £0 based on Net Assets of £-10.9k and 3.16x industry multiple (adjusted for liquidity).
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Polaris Fitness Studios Limited Overview
Polaris Fitness Studios Limited is a live company located in hertfordshire, WD23 4XA with a Companies House number of 09058064. It operates in the fitness facilities sector, SIC Code 93130. Founded in May 2014, it's largest shareholder is david shapiro with a 100% stake. Polaris Fitness Studios Limited is a established, micro sized company, Pomanda has estimated its turnover at £37.6k with low growth in recent years.
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Polaris Fitness Studios Limited Health Check
Pomanda's financial health check has awarded Polaris Fitness Studios Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £37.6k, make it smaller than the average company (£196.6k)
- Polaris Fitness Studios Limited
£196.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (3.7%)
- Polaris Fitness Studios Limited
3.7% - Industry AVG
Production
with a gross margin of 56.1%, this company has a higher cost of product (83.1%)
- Polaris Fitness Studios Limited
83.1% - Industry AVG
Profitability
an operating margin of -16.1% make it less profitable than the average company (2.7%)
- Polaris Fitness Studios Limited
2.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Polaris Fitness Studios Limited
4 - Industry AVG
Pay Structure
on an average salary of £18k, the company has an equivalent pay structure (£18k)
- Polaris Fitness Studios Limited
£18k - Industry AVG
Efficiency
resulting in sales per employee of £37.6k, this is less efficient (£62.6k)
- Polaris Fitness Studios Limited
£62.6k - Industry AVG
Debtor Days
it gets paid by customers after 80 days, this is later than average (15 days)
- Polaris Fitness Studios Limited
15 days - Industry AVG
Creditor Days
its suppliers are paid after 420 days, this is slower than average (150 days)
- Polaris Fitness Studios Limited
150 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Polaris Fitness Studios Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Polaris Fitness Studios Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 168.7%, this is a higher level of debt than the average (92.8%)
168.7% - Polaris Fitness Studios Limited
92.8% - Industry AVG
POLARIS FITNESS STUDIOS LIMITED financials
Polaris Fitness Studios Limited's latest turnover from May 2023 is estimated at £37.6 thousand and the company has net assets of -£10.9 thousand. According to their latest financial statements, Polaris Fitness Studios Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 7,681 | 8,536 | 9,260 | 9,464 | 10,515 | 11,683 | 12,981 | 14,422 | 18,077 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 7,681 | 8,536 | 9,260 | 9,464 | 10,515 | 11,683 | 12,981 | 14,422 | 18,077 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 8,249 | 16,842 | 24,691 | 6,388 | 3,763 | 6,662 | 8,434 | 4,203 | 5,689 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,213 | 6,152 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,249 | 16,842 | 24,691 | 6,388 | 3,763 | 6,662 | 8,434 | 9,416 | 11,841 |
| total assets | 15,930 | 25,378 | 33,951 | 15,852 | 14,278 | 18,345 | 21,415 | 23,838 | 29,918 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 19,036 | 18,798 | 13,642 | 3,714 | 2,643 | 3,708 | 5,935 | 5,583 | 5,583 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 19,036 | 18,798 | 13,642 | 3,714 | 2,643 | 3,708 | 5,935 | 5,583 | 5,583 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 7,831 | 11,455 | 14,485 | 7,736 | 9,936 | 14,636 | 23,030 | 21,114 | 36,543 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 7,831 | 11,455 | 14,485 | 7,736 | 9,936 | 14,636 | 23,030 | 21,114 | 36,543 |
| total liabilities | 26,867 | 30,253 | 28,127 | 11,450 | 12,579 | 18,344 | 28,965 | 26,697 | 42,126 |
| net assets | -10,937 | -4,875 | 5,824 | 4,402 | 1,699 | 1 | -7,550 | -2,859 | -12,208 |
| total shareholders funds | -10,937 | -4,875 | 5,824 | 4,402 | 1,699 | 1 | -7,550 | -2,859 | -12,208 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 3,655 | 0 | |||||||
| Amortisation | 0 | 0 | |||||||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -8,593 | -7,849 | 18,303 | 2,625 | -2,899 | -1,772 | 4,231 | -1,486 | 5,689 |
| Creditors | 238 | 5,156 | 9,928 | 1,071 | -1,065 | -2,227 | 352 | 0 | 5,583 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -3,624 | -3,030 | 6,749 | -2,200 | -4,700 | -8,394 | 1,916 | -15,429 | 36,543 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -5,213 | -939 | 6,152 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -5,213 | -939 | 6,152 |
polaris fitness studios limited Credit Report and Business Information
Polaris Fitness Studios Limited Competitor Analysis
Perform a competitor analysis for polaris fitness studios limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in WD23 area or any other competitors across 12 key performance metrics.
polaris fitness studios limited Ownership
POLARIS FITNESS STUDIOS LIMITED group structure
Polaris Fitness Studios Limited has no subsidiary companies.
Ultimate parent company
POLARIS FITNESS STUDIOS LIMITED
09058064
polaris fitness studios limited directors
Polaris Fitness Studios Limited currently has 1 director, Mr David Shapiro serving since May 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Shapiro | England | 34 years | May 2014 | - | Director |
P&L
May 2023turnover
37.6k
+2%
operating profit
-6.1k
0%
gross margin
56.1%
+3.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
-10.9k
+1.24%
total assets
15.9k
-0.37%
cash
0
0%
net assets
Total assets minus all liabilities
polaris fitness studios limited company details
company number
09058064
Type
Private limited with Share Capital
industry
93130 - Fitness facilities
incorporation date
May 2014
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
8 woburn close, bushey, hertfordshire, WD23 4XA
Bank
-
Legal Advisor
-
polaris fitness studios 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 polaris fitness studios limited.
polaris fitness studios limited Companies House Filings - See Documents
| date | description | view/download |
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