the workhouse health club & gym ltd
the workhouse health club & gym ltd Company Information
Company Number
10298050
Next Accounts
Sep 2025
Industry
Other personal service activities n.e.c.
Shareholders
thomas fleming
myles halley
View AllGroup Structure
View All
Contact
Registered Address
unit 1 2c kings road, shepshed, loughborough, leicestershire, LE12 9HT
Website
-the workhouse health club & gym ltd Estimated Valuation
Pomanda estimates the enterprise value of THE WORKHOUSE HEALTH CLUB & GYM LTD at £99.6k based on a Turnover of £200.7k and 0.5x industry multiple (adjusted for size and gross margin).
the workhouse health club & gym ltd Estimated Valuation
Pomanda estimates the enterprise value of THE WORKHOUSE HEALTH CLUB & GYM LTD at £128.1k based on an EBITDA of £39.5k and a 3.24x industry multiple (adjusted for size and gross margin).
the workhouse health club & gym ltd Estimated Valuation
Pomanda estimates the enterprise value of THE WORKHOUSE HEALTH CLUB & GYM LTD at £0 based on Net Assets of £-53.8k and 2.08x industry multiple (adjusted for liquidity).
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The Workhouse Health Club & Gym Ltd Overview
The Workhouse Health Club & Gym Ltd is a live company located in loughborough, LE12 9HT with a Companies House number of 10298050. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in July 2016, it's largest shareholder is thomas fleming with a 23% stake. The Workhouse Health Club & Gym Ltd is a young, micro sized company, Pomanda has estimated its turnover at £200.7k with declining growth in recent years.
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The Workhouse Health Club & Gym Ltd Health Check
Pomanda's financial health check has awarded The Workhouse Health Club & Gym Ltd a 2 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
2 Regular
6 Weak
Size
annual sales of £200.7k, make it smaller than the average company (£1.1m)
- The Workhouse Health Club & Gym Ltd
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (7.8%)
- The Workhouse Health Club & Gym Ltd
7.8% - Industry AVG
Production
with a gross margin of 21%, this company has a higher cost of product (42.2%)
- The Workhouse Health Club & Gym Ltd
42.2% - Industry AVG
Profitability
an operating margin of 19.7% make it more profitable than the average company (6.5%)
- The Workhouse Health Club & Gym Ltd
6.5% - Industry AVG
Employees
with 6 employees, this is below the industry average (15)
6 - The Workhouse Health Club & Gym Ltd
15 - Industry AVG
Pay Structure
on an average salary of £33.6k, the company has an equivalent pay structure (£33.6k)
- The Workhouse Health Club & Gym Ltd
£33.6k - Industry AVG
Efficiency
resulting in sales per employee of £33.5k, this is less efficient (£100.5k)
- The Workhouse Health Club & Gym Ltd
£100.5k - Industry AVG
Debtor Days
it gets paid by customers after 33 days, this is near the average (30 days)
- The Workhouse Health Club & Gym Ltd
30 days - Industry AVG
Creditor Days
its suppliers are paid after 227 days, this is slower than average (41 days)
- The Workhouse Health Club & Gym Ltd
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- The Workhouse Health Club & Gym Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - The Workhouse Health Club & Gym Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 154.9%, this is a higher level of debt than the average (46.6%)
154.9% - The Workhouse Health Club & Gym Ltd
46.6% - Industry AVG
THE WORKHOUSE HEALTH CLUB & GYM LTD financials
The Workhouse Health Club & Gym Ltd's latest turnover from December 2023 is estimated at £200.7 thousand and the company has net assets of -£53.8 thousand. According to their latest financial statements, The Workhouse Health Club & Gym Ltd has 6 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 | Jul 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 6 | 6 | 4 | 3 | 4 | 5 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Jul 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 77,132 | 82,218 | 91,670 | 71,939 | 126,287 | 181,350 | 95,253 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 77,132 | 82,218 | 91,670 | 71,939 | 126,287 | 181,350 | 95,253 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 18,456 | 25,516 | 41,555 | 32,399 | 12,237 | 8,973 | 41,263 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,349 | 2,349 | 2,745 | 3,207 | 3,642 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 11,500 | 0 |
| total current assets | 20,805 | 27,865 | 44,300 | 35,606 | 15,879 | 20,473 | 41,263 |
| total assets | 97,937 | 110,083 | 135,970 | 107,545 | 142,166 | 201,823 | 136,516 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 98,873 | 117,126 | 112,691 | 160,123 | 144,196 | 89,793 | 42,740 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 98,873 | 117,126 | 112,691 | 160,123 | 144,196 | 89,793 | 42,740 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 3,735 | 1,477 | 1,890 | 3,921 | 3,621 | 6,758 | 0 |
| other liabilities | 49,080 | 74,874 | 87,658 | 107,573 | 111,748 | 152,928 | 37,482 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 52,815 | 76,351 | 89,548 | 111,494 | 115,369 | 159,686 | 37,482 |
| total liabilities | 151,688 | 193,477 | 202,239 | 271,617 | 259,565 | 249,479 | 80,222 |
| net assets | -53,751 | -83,394 | -66,269 | -164,072 | -117,399 | -47,656 | 56,294 |
| total shareholders funds | -53,751 | -83,394 | -66,269 | -164,072 | -117,399 | -47,656 | 56,294 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Jul 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -7,060 | -16,435 | 8,694 | 19,727 | 6,906 | -32,290 | 41,263 |
| Creditors | -18,253 | 4,435 | -47,432 | 15,927 | 54,403 | 47,053 | 42,740 |
| Accruals and Deferred Income | 2,258 | -413 | -2,031 | 300 | -3,137 | 6,758 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -25,794 | -12,784 | -19,915 | -4,175 | -41,180 | 115,446 | 37,482 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
the workhouse health club & gym ltd Credit Report and Business Information
The Workhouse Health Club & Gym Ltd Competitor Analysis
Perform a competitor analysis for the workhouse health club & gym ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in LE12 area or any other competitors across 12 key performance metrics.
the workhouse health club & gym ltd Ownership
THE WORKHOUSE HEALTH CLUB & GYM LTD group structure
The Workhouse Health Club & Gym Ltd has no subsidiary companies.
Ultimate parent company
THE WORKHOUSE HEALTH CLUB & GYM LTD
10298050
the workhouse health club & gym ltd directors
The Workhouse Health Club & Gym Ltd currently has 4 directors. The longest serving directors include Mr Mark Lole (Jul 2016) and Mr Thomas Fleming (Dec 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Lole | United Kingdom | 44 years | Jul 2016 | - | Director |
| Mr Thomas Fleming | United Kingdom | 66 years | Dec 2016 | - | Director |
| Mr Philip Allsop | United Kingdom | 59 years | Jun 2020 | - | Director |
| Mrs Lucy Lole | United Kingdom | 44 years | Aug 2022 | - | Director |
P&L
December 2023turnover
200.7k
-6%
operating profit
39.5k
0%
gross margin
21%
+3.82%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-53.8k
-0.36%
total assets
97.9k
-0.11%
cash
0
0%
net assets
Total assets minus all liabilities
the workhouse health club & gym ltd company details
company number
10298050
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
July 2016
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
PBS ACCOUNTANCY LTD
auditor
-
address
unit 1 2c kings road, shepshed, loughborough, leicestershire, LE12 9HT
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
the workhouse health club & gym 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 did not find charges/mortgages relating to the workhouse health club & gym ltd.
the workhouse health club & gym ltd Companies House Filings - See Documents
| date | description | view/download |
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