platform gym limited
platform gym limited Company Information
Company Number
11090143
Next Accounts
144 days late
Directors
Shareholders
steven middleton-lowes
Group Structure
View All
Industry
Fitness facilities
Registered Address
unit1 riverside road, pottington business park, barnstaple, EX31 1QN
Website
platform-gym.co.ukplatform gym limited Estimated Valuation
Pomanda estimates the enterprise value of PLATFORM GYM LIMITED at £6.2k based on a Turnover of £5.2k and 1.18x industry multiple (adjusted for size and gross margin).
platform gym limited Estimated Valuation
Pomanda estimates the enterprise value of PLATFORM GYM LIMITED at £56.6k based on an EBITDA of £10.6k and a 5.33x industry multiple (adjusted for size and gross margin).
platform gym limited Estimated Valuation
Pomanda estimates the enterprise value of PLATFORM GYM LIMITED at £26.9k based on Net Assets of £7.3k and 3.68x industry multiple (adjusted for liquidity).
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Platform Gym Limited Overview
Platform Gym Limited is a live company located in barnstaple, EX31 1QN with a Companies House number of 11090143. It operates in the fitness facilities sector, SIC Code 93130. Founded in November 2017, it's largest shareholder is steven middleton-lowes with a 100% stake. Platform Gym Limited is a young, micro sized company, Pomanda has estimated its turnover at £5.2k with unknown growth in recent years.
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Platform Gym Limited Health Check
Pomanda's financial health check has awarded Platform Gym Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
5 Weak
Size
annual sales of £5.2k, make it smaller than the average company (£244k)
- Platform Gym Limited
£244k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Platform Gym Limited
- - Industry AVG
Production
with a gross margin of 82.7%, this company has a comparable cost of product (82.7%)
- Platform Gym Limited
82.7% - Industry AVG
Profitability
an operating margin of -238.7% make it less profitable than the average company (-6%)
- Platform Gym Limited
-6% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
- Platform Gym Limited
5 - Industry AVG
Pay Structure
on an average salary of £18k, the company has an equivalent pay structure (£18k)
- Platform Gym Limited
£18k - Industry AVG
Efficiency
resulting in sales per employee of £5.2k, this is less efficient (£61.4k)
- Platform Gym Limited
£61.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Platform Gym Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 535 days, this is slower than average (114 days)
- Platform Gym Limited
114 days - Industry AVG
Stock Days
it holds stock equivalent to 1815 days, this is more than average (14 days)
- Platform Gym Limited
14 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 43 weeks, this is more cash available to meet short term requirements (32 weeks)
43 weeks - Platform Gym Limited
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.9%, this is a similar level of debt than the average (88.9%)
93.9% - Platform Gym Limited
88.9% - Industry AVG
PLATFORM GYM LIMITED financials
Platform Gym Limited's latest turnover from February 2023 is estimated at £5.2 thousand and the company has net assets of £7.3 thousand. According to their latest financial statements, we estimate that Platform Gym Limited has 1 employee and maintains cash reserves of £90.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Nov 2019 | Nov 2018 | |
|---|---|---|---|---|---|
| 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 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Nov 2019 | Nov 2018 | |
|---|---|---|---|---|---|
| Tangible Assets | 23,953 | 46,301 | 63,702 | 79,171 | |
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 23,953 | 46,301 | 63,702 | 79,171 | |
| Stock & work in progress | 4,500 | 2,895 | 2,000 | 1,500 | |
| Trade Debtors | 50 | 13,603 | 5,808 | ||
| Group Debtors | |||||
| Misc Debtors | 566 | 4,121 | |||
| Cash | 90,146 | 64,669 | 68,979 | 53,929 | |
| misc current assets | |||||
| total current assets | 95,212 | 71,735 | 84,582 | 61,237 | |
| total assets | 119,165 | 118,036 | 148,284 | 140,408 | |
| Bank overdraft | 1,092 | ||||
| Bank loan | |||||
| Trade Creditors | 1,327 | 123,853 | 127,616 | 1 | |
| Group/Directors Accounts | 90,643 | 47 | |||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 14,256 | 100,869 | |||
| total current liabilities | 107,318 | 100,916 | 123,853 | 127,616 | 1 |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | 4,551 | ||||
| total long term liabilities | 4,551 | ||||
| total liabilities | 111,869 | 100,916 | 123,853 | 127,616 | 1 |
| net assets | 7,296 | 17,120 | 24,431 | 12,792 | -1 |
| total shareholders funds | 7,296 | 17,120 | 24,431 | 12,792 | -1 |
| Feb 2023 | Feb 2022 | Feb 2021 | Nov 2019 | Nov 2018 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 23,110 | 22,915 | 25,567 | 19,793 | |
| Amortisation | |||||
| Tax | |||||
| Stock | 1,605 | 895 | 2,000 | 1,500 | |
| Debtors | -3,605 | -9,432 | 13,603 | 5,808 | |
| Creditors | 1,327 | -123,853 | 123,853 | 127,615 | 1 |
| Accruals and Deferred Income | -86,613 | 100,869 | |||
| Deferred Taxes & Provisions | 4,551 | ||||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | 90,596 | 47 | |||
| Other Short Term Loans | |||||
| Long term loans | |||||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 25,477 | -4,310 | 68,979 | 53,929 | |
| overdraft | 1,092 | ||||
| change in cash | 24,385 | -4,310 | 68,979 | 53,929 |
platform gym limited Credit Report and Business Information
Platform Gym Limited Competitor Analysis
Perform a competitor analysis for platform gym limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in EX31 area or any other competitors across 12 key performance metrics.
platform gym limited Ownership
PLATFORM GYM LIMITED group structure
Platform Gym Limited has no subsidiary companies.
Ultimate parent company
PLATFORM GYM LIMITED
11090143
platform gym limited directors
Platform Gym Limited currently has 1 director, Mr Steven Middleton-Lowes serving since Feb 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Steven Middleton-Lowes | England | 54 years | Feb 2022 | - | Director |
P&L
February 2023turnover
5.2k
+650%
operating profit
-12.5k
0%
gross margin
82.7%
-12.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
7.3k
-0.57%
total assets
119.2k
+0.01%
cash
90.1k
+0.39%
net assets
Total assets minus all liabilities
platform gym limited company details
company number
11090143
Type
Private limited with Share Capital
industry
93130 - Fitness facilities
incorporation date
November 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2023
previous names
N/A
accountant
JANE MAYNARD LIMITED
auditor
-
address
unit1 riverside road, pottington business park, barnstaple, EX31 1QN
Bank
-
Legal Advisor
-
platform gym 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 platform gym limited.
platform gym 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 PLATFORM GYM LIMITED. This can take several minutes, an email will notify you when this has completed.
platform gym limited Companies House Filings - See Documents
| date | description | view/download |
|---|
