gym factory cosham ltd
gym factory cosham ltd Company Information
Company Number
09901101
Next Accounts
Sep 2025
Industry
Fitness facilities
Shareholders
gym factory group ltd
andrew edward buxton
View AllGroup Structure
View All
Contact
Registered Address
unit 10 evolution, wynyard business park, wynyard, TS22 5TB
Website
https://www.raczgroup.co.ukgym factory cosham ltd Estimated Valuation
Pomanda estimates the enterprise value of GYM FACTORY COSHAM LTD at £239.4k based on a Turnover of £241.8k and 0.99x industry multiple (adjusted for size and gross margin).
gym factory cosham ltd Estimated Valuation
Pomanda estimates the enterprise value of GYM FACTORY COSHAM LTD at £0 based on an EBITDA of £-44.1k and a 4.59x industry multiple (adjusted for size and gross margin).
gym factory cosham ltd Estimated Valuation
Pomanda estimates the enterprise value of GYM FACTORY COSHAM LTD at £0 based on Net Assets of £-523.4k and 3.42x industry multiple (adjusted for liquidity).
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Gym Factory Cosham Ltd Overview
Gym Factory Cosham Ltd is a live company located in wynyard, TS22 5TB with a Companies House number of 09901101. It operates in the fitness facilities sector, SIC Code 93130. Founded in December 2015, it's largest shareholder is gym factory group ltd with a 66.7% stake. Gym Factory Cosham Ltd is a established, micro sized company, Pomanda has estimated its turnover at £241.8k with healthy growth in recent years.
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Gym Factory Cosham Ltd Health Check
Pomanda's financial health check has awarded Gym Factory Cosham Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
7 Weak
Size
annual sales of £241.8k, make it in line with the average company (£267.4k)
- Gym Factory Cosham Ltd
£267.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (7.5%)
- Gym Factory Cosham Ltd
7.5% - Industry AVG
Production
with a gross margin of 63.7%, this company has a higher cost of product (85.9%)
- Gym Factory Cosham Ltd
85.9% - Industry AVG
Profitability
an operating margin of -30% make it less profitable than the average company (4.8%)
- Gym Factory Cosham Ltd
4.8% - Industry AVG
Employees
with 5 employees, this is below the industry average (9)
5 - Gym Factory Cosham Ltd
9 - Industry AVG
Pay Structure
on an average salary of £20k, the company has an equivalent pay structure (£20k)
- Gym Factory Cosham Ltd
£20k - Industry AVG
Efficiency
resulting in sales per employee of £48.4k, this is less efficient (£64.4k)
- Gym Factory Cosham Ltd
£64.4k - Industry AVG
Debtor Days
it gets paid by customers after 68 days, this is later than average (11 days)
- Gym Factory Cosham Ltd
11 days - Industry AVG
Creditor Days
its suppliers are paid after 3194 days, this is slower than average (97 days)
- Gym Factory Cosham Ltd
97 days - Industry AVG
Stock Days
it holds stock equivalent to 20 days, this is in line with average (20 days)
- Gym Factory Cosham Ltd
20 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (25 weeks)
0 weeks - Gym Factory Cosham Ltd
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 298%, this is a higher level of debt than the average (83.8%)
298% - Gym Factory Cosham Ltd
83.8% - Industry AVG
GYM FACTORY COSHAM LTD financials
Gym Factory Cosham Ltd's latest turnover from December 2023 is estimated at £241.8 thousand and the company has net assets of -£523.4 thousand. According to their latest financial statements, Gym Factory Cosham Ltd has 5 employees and maintains cash reserves of £1.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Feb 2018 | Dec 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 | 5 | 4 | 4 | 5 | 4 | 4 | 4 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Feb 2018 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 210,257 | 237,848 | 269,252 | 289,218 | 327,204 | 370,437 | 419,704 | 0 |
| Intangible Assets | 2,000 | 3,000 | 4,000 | 5,000 | 10,000 | 15,000 | 20,000 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 212,257 | 240,848 | 273,252 | 294,218 | 337,204 | 385,437 | 439,704 | 0 |
| Stock & work in progress | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,500 | 0 |
| Trade Debtors | 45,596 | 44,704 | 49,911 | 44,492 | 43,912 | 44,091 | 147,851 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 1,500 | 1,500 | 0 | 528 | 0 | 1,500 | 1,500 | 1,500 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 52,096 | 51,204 | 54,911 | 50,020 | 48,912 | 50,591 | 154,851 | 1,500 |
| total assets | 264,353 | 292,052 | 328,163 | 344,238 | 386,116 | 436,028 | 594,555 | 1,500 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 768,430 | 654,794 | 527,644 | 439,595 | 406,667 | 302,148 | 181,333 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 768,430 | 654,794 | 527,644 | 439,595 | 406,667 | 302,148 | 181,333 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 19,318 | 88,074 | 167,453 | 192,924 | 232,505 | 287,432 | 502,000 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 19,318 | 88,074 | 167,453 | 192,924 | 232,505 | 287,432 | 502,000 | 0 |
| total liabilities | 787,748 | 742,868 | 695,097 | 632,519 | 639,172 | 589,580 | 683,333 | 0 |
| net assets | -523,395 | -450,816 | -366,934 | -288,281 | -253,056 | -153,552 | -88,778 | 1,500 |
| total shareholders funds | -523,395 | -450,816 | -366,934 | -288,281 | -253,056 | -153,552 | -88,778 | 1,500 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Feb 2018 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 27,591 | 31,404 | 32,267 | 37,986 | 43,233 | 49,267 | 56,171 | 0 |
| Amortisation | 1,000 | 1,000 | 6,000 | 5,000 | 5,000 | 5,000 | 5,000 | 0 |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 5,000 | 5,500 | 0 |
| Debtors | 892 | -5,207 | 5,419 | 580 | -179 | 44,091 | 147,851 | 0 |
| Creditors | 113,636 | 127,150 | 88,049 | 32,928 | 104,519 | 302,148 | 181,333 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -68,756 | -79,379 | -25,471 | -39,581 | -54,927 | 287,432 | 502,000 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 1,500 | -528 | 528 | -1,500 | 1,500 | 1,500 | 1,500 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 1,500 | -528 | 528 | -1,500 | 1,500 | 1,500 | 1,500 |
gym factory cosham ltd Credit Report and Business Information
Gym Factory Cosham Ltd Competitor Analysis
Perform a competitor analysis for gym factory cosham ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in TS22 area or any other competitors across 12 key performance metrics.
gym factory cosham ltd Ownership
GYM FACTORY COSHAM LTD group structure
Gym Factory Cosham Ltd has no subsidiary companies.
gym factory cosham ltd directors
Gym Factory Cosham Ltd currently has 2 directors. The longest serving directors include Mr Mike Racz (Dec 2015) and Mr Neel Sodha (Sep 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mike Racz | England | 42 years | Dec 2015 | - | Director |
| Mr Neel Sodha | England | 35 years | Sep 2016 | - | Director |
P&L
December 2023turnover
241.8k
+45%
operating profit
-72.7k
0%
gross margin
63.7%
+7.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-523.4k
+0.16%
total assets
264.4k
-0.09%
cash
1.5k
0%
net assets
Total assets minus all liabilities
gym factory cosham ltd company details
company number
09901101
Type
Private limited with Share Capital
industry
93130 - Fitness facilities
incorporation date
December 2015
age
10
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
December 2023
previous names
gym factory newcastle ii ltd (September 2016)
accountant
-
auditor
-
address
unit 10 evolution, wynyard business park, wynyard, TS22 5TB
Bank
-
Legal Advisor
-
gym factory cosham ltd 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 2 charges/mortgages relating to gym factory cosham ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
gym factory cosham ltd 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 GYM FACTORY COSHAM LTD. This can take several minutes, an email will notify you when this has completed.
gym factory cosham ltd Companies House Filings - See Documents
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