fitlab23 limited
fitlab23 limited Company Information
Group Structure
View All
Industry
Fitness facilities
Registered Address
94 garland road, london, SE18 2PN
Website
-fitlab23 limited Estimated Valuation
Pomanda estimates the enterprise value of FITLAB23 LIMITED at £18.6k based on a Turnover of £19.3k and 0.97x industry multiple (adjusted for size and gross margin).
fitlab23 limited Estimated Valuation
Pomanda estimates the enterprise value of FITLAB23 LIMITED at £0 based on an EBITDA of £-33.1k and a 4.48x industry multiple (adjusted for size and gross margin).
fitlab23 limited Estimated Valuation
Pomanda estimates the enterprise value of FITLAB23 LIMITED at £0 based on Net Assets of £-32.8k and 3.42x industry multiple (adjusted for liquidity).
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Fitlab23 Limited Overview
Fitlab23 Limited is a live company located in london, SE18 2PN with a Companies House number of 09758106. It operates in the fitness facilities sector, SIC Code 93130. Founded in September 2015, it's largest shareholder is henry marire with a 100% stake. Fitlab23 Limited is a established, micro sized company, Pomanda has estimated its turnover at £19.3k with unknown growth in recent years.
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Fitlab23 Limited Health Check
Pomanda's financial health check has awarded Fitlab23 Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £19.3k, make it smaller than the average company (£373k)
- Fitlab23 Limited
£373k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Fitlab23 Limited
- - Industry AVG
Production
with a gross margin of 60.7%, this company has a higher cost of product (82.6%)
- Fitlab23 Limited
82.6% - Industry AVG
Profitability
an operating margin of -171.6% make it less profitable than the average company (5.1%)
- Fitlab23 Limited
5.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (11)
1 - Fitlab23 Limited
11 - Industry AVG
Pay Structure
on an average salary of £18.9k, the company has an equivalent pay structure (£18.9k)
- Fitlab23 Limited
£18.9k - Industry AVG
Efficiency
resulting in sales per employee of £19.3k, this is less efficient (£56.7k)
- Fitlab23 Limited
£56.7k - Industry AVG
Debtor Days
it gets paid by customers after 15 days, this is earlier than average (19 days)
- Fitlab23 Limited
19 days - Industry AVG
Creditor Days
its suppliers are paid after 919 days, this is slower than average (147 days)
- Fitlab23 Limited
147 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fitlab23 Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Fitlab23 Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 863.4%, this is a higher level of debt than the average (65.8%)
863.4% - Fitlab23 Limited
65.8% - Industry AVG
FITLAB23 LIMITED financials
Fitlab23 Limited's latest turnover from September 2020 is estimated at £19.3 thousand and the company has net assets of -£32.8 thousand. According to their latest financial statements, Fitlab23 Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | |
|---|---|---|---|---|---|
| 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 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | |
|---|---|---|---|---|---|
| Tangible Assets | 3,495 | 5,242 | 6,989 | 8,736 | 8,939 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,495 | 5,242 | 6,989 | 8,736 | 8,939 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 800 | 1,976 | 1,592 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 1,208 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 800 | 1,976 | 1,592 | 1,208 | 0 |
| total assets | 4,295 | 7,218 | 8,581 | 9,944 | 8,939 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 19,082 | 6,951 | 4,820 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 1,412 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 1,277 | 1,274 |
| total current liabilities | 19,082 | 6,951 | 4,820 | 2,689 | 1,274 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 18,000 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 18,000 | 0 | 0 | 0 | 0 |
| total liabilities | 37,082 | 6,951 | 4,820 | 2,689 | 1,274 |
| net assets | -32,787 | 267 | 3,761 | 7,255 | 7,665 |
| total shareholders funds | -32,787 | 267 | 3,761 | 7,255 | 7,665 |
| Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 2,187 | 2,235 | |||
| Amortisation | 0 | 0 | |||
| Tax | |||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,176 | 384 | 1,592 | 0 | 0 |
| Creditors | 12,131 | 2,131 | 4,820 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | -1,277 | 3 | 1,274 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -1,412 | 1,412 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 18,000 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 0 | 0 | -1,208 | 1,208 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -1,208 | 1,208 | 0 |
fitlab23 limited Credit Report and Business Information
Fitlab23 Limited Competitor Analysis
Perform a competitor analysis for fitlab23 limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in SE18 area or any other competitors across 12 key performance metrics.
fitlab23 limited Ownership
FITLAB23 LIMITED group structure
Fitlab23 Limited has no subsidiary companies.
Ultimate parent company
FITLAB23 LIMITED
09758106
fitlab23 limited directors
Fitlab23 Limited currently has 1 director, Mr Henry Marire serving since Sep 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Henry Marire | United Kingdom | 41 years | Sep 2015 | - | Director |
P&L
September 2020turnover
19.3k
-26%
operating profit
-33.1k
0%
gross margin
60.7%
+0.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2020net assets
-32.8k
-123.8%
total assets
4.3k
-0.4%
cash
0
0%
net assets
Total assets minus all liabilities
fitlab23 limited company details
company number
09758106
Type
Private limited with Share Capital
industry
93130 - Fitness facilities
incorporation date
September 2015
age
10
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2020
previous names
N/A
accountant
-
auditor
-
address
94 garland road, london, SE18 2PN
Bank
-
Legal Advisor
-
fitlab23 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 fitlab23 limited.
fitlab23 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 FITLAB23 LIMITED. This can take several minutes, an email will notify you when this has completed.
fitlab23 limited Companies House Filings - See Documents
| date | description | view/download |
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