diverse fitness torbay ltd
diverse fitness torbay ltd Company Information
Company Number
11422850
Registered Address
unit 5 st. marychurch road, torquay, devon, TQ1 4TY
Industry
Fitness facilities
Telephone
447500665915
Next Accounts Due
March 2025
Group Structure
View All
Directors
Alexandra Martin0 Years
Shareholders
ross millar 100%
diverse fitness torbay ltd Estimated Valuation
Pomanda estimates the enterprise value of DIVERSE FITNESS TORBAY LTD at £69.5k based on a Turnover of £62.3k and 1.12x industry multiple (adjusted for size and gross margin).
diverse fitness torbay ltd Estimated Valuation
Pomanda estimates the enterprise value of DIVERSE FITNESS TORBAY LTD at £46.3k based on an EBITDA of £10.2k and a 4.55x industry multiple (adjusted for size and gross margin).
diverse fitness torbay ltd Estimated Valuation
Pomanda estimates the enterprise value of DIVERSE FITNESS TORBAY LTD at £0 based on Net Assets of £-5.2k and 0.94x industry multiple (adjusted for liquidity).
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Diverse Fitness Torbay Ltd Overview
Diverse Fitness Torbay Ltd is a live company located in devon, TQ1 4TY with a Companies House number of 11422850. It operates in the fitness facilities sector, SIC Code 93130. Founded in June 2018, it's largest shareholder is ross millar with a 100% stake. Diverse Fitness Torbay Ltd is a young, micro sized company, Pomanda has estimated its turnover at £62.3k with low growth in recent years.
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Diverse Fitness Torbay Ltd Health Check
Pomanda's financial health check has awarded Diverse Fitness Torbay Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 5 areas for improvement. Company Health Check FAQs
0 Strong
4 Regular
5 Weak
Size
annual sales of £62.3k, make it smaller than the average company (£202.4k)
- Diverse Fitness Torbay Ltd
£202.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (3.8%)
- Diverse Fitness Torbay Ltd
3.8% - Industry AVG
Production
with a gross margin of 84.3%, this company has a comparable cost of product (84.3%)
- Diverse Fitness Torbay Ltd
84.3% - Industry AVG
Profitability
an operating margin of 3.8% make it as profitable than the average company (4.1%)
- Diverse Fitness Torbay Ltd
4.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Diverse Fitness Torbay Ltd
4 - Industry AVG
Pay Structure
on an average salary of £18.1k, the company has an equivalent pay structure (£18.1k)
- Diverse Fitness Torbay Ltd
£18.1k - Industry AVG
Efficiency
resulting in sales per employee of £62.3k, this is equally as efficient (£62.3k)
- Diverse Fitness Torbay Ltd
£62.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Diverse Fitness Torbay Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Diverse Fitness Torbay Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Diverse Fitness Torbay Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (16 weeks)
2 weeks - Diverse Fitness Torbay Ltd
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 108.7%, this is a higher level of debt than the average (87.4%)
108.7% - Diverse Fitness Torbay Ltd
87.4% - Industry AVG
DIVERSE FITNESS TORBAY LTD financials
Diverse Fitness Torbay Ltd's latest turnover from June 2023 is estimated at £62.3 thousand and the company has net assets of -£5.2 thousand. According to their latest financial statements, Diverse Fitness Torbay Ltd has 1 employee and maintains cash reserves of £2.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| Turnover | 101,202 | ||||
| Other Income Or Grants | 0 | ||||
| Cost Of Sales | 50,529 | ||||
| Gross Profit | 50,673 | ||||
| Admin Expenses | 29,119 | ||||
| Operating Profit | 21,554 | ||||
| Interest Payable | 1,068 | ||||
| Interest Receivable | 0 | ||||
| Pre-Tax Profit | 20,486 | ||||
| Tax | -4,903 | ||||
| Profit After Tax | 15,583 | ||||
| Dividends Paid | 4,000 | ||||
| Retained Profit | 11,583 | ||||
| Employee Costs | |||||
| Number Of Employees | 1 | 2 | 1 | 1 | 1 |
| EBITDA* | 32,741 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 44,110 | 51,895 | 60,490 | 65,220 | 63,376 |
| 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 | 44,110 | 51,895 | 60,490 | 65,220 | 63,376 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 12,963 | 11,572 | 13,844 | 13,361 | 7,203 |
| Cash | 2,836 | 4,662 | 12,430 | 22,111 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 15,799 | 16,234 | 26,274 | 35,472 | 7,203 |
| total assets | 59,909 | 68,129 | 86,764 | 100,692 | 70,579 |
| Bank overdraft | 0 | 0 | 0 | 0 | 1,254 |
| Bank loan | 26,835 | 27,099 | 34,350 | 25,000 | 0 |
| Trade Creditors | 0 | 0 | 0 | 1,949 | 3,071 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 2,436 | 6,407 | 13,044 | 20,471 | 18,721 |
| other current liabilities | 30,892 | 34,487 | 33,950 | 47,163 | 27,869 |
| total current liabilities | 60,163 | 67,993 | 81,344 | 94,583 | 50,915 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 3,177 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 2,461 | 0 |
| provisions | 4,930 | 4,930 | 5,309 | 2,716 | 4,903 |
| total long term liabilities | 4,930 | 4,930 | 5,309 | 5,177 | 8,080 |
| total liabilities | 65,093 | 72,923 | 86,653 | 99,760 | 58,995 |
| net assets | -5,184 | -4,794 | 111 | 932 | 11,584 |
| total shareholders funds | -5,184 | -4,794 | 111 | 932 | 11,584 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 21,554 | ||||
| Depreciation | 7,785 | 9,158 | 10,675 | 11,509 | 11,187 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | -4,903 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,391 | -2,272 | 483 | 6,158 | 7,203 |
| Creditors | 0 | 0 | -1,949 | -1,122 | 3,071 |
| Accruals and Deferred Income | -3,595 | 537 | -13,213 | 19,294 | 27,869 |
| Deferred Taxes & Provisions | 0 | -379 | 2,593 | -2,187 | 4,903 |
| Cash flow from operations | 56,478 | ||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | -264 | -7,251 | 9,350 | 25,000 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -3,971 | -6,637 | -7,427 | -1,427 | 21,898 |
| other long term liabilities | 0 | 0 | -2,461 | 2,461 | 0 |
| share issue | |||||
| interest | -1,068 | ||||
| cash flow from financing | 20,831 | ||||
| cash and cash equivalents | |||||
| cash | -1,826 | -7,768 | -9,681 | 22,111 | 0 |
| overdraft | 0 | 0 | 0 | -1,254 | 1,254 |
| change in cash | -1,826 | -7,768 | -9,681 | 23,365 | -1,254 |
diverse fitness torbay ltd Credit Report and Business Information
Diverse Fitness Torbay Ltd Competitor Analysis
Perform a competitor analysis for diverse fitness torbay ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in TQ1 area or any other competitors across 12 key performance metrics.
diverse fitness torbay ltd Ownership
DIVERSE FITNESS TORBAY LTD group structure
Diverse Fitness Torbay Ltd has no subsidiary companies.
Ultimate parent company
DIVERSE FITNESS TORBAY LTD
11422850
diverse fitness torbay ltd directors
Diverse Fitness Torbay Ltd currently has 1 director, Miss Alexandra Martin serving since Oct 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Alexandra Martin | England | 55 years | Oct 2023 | - | Director |
P&L
June 2023turnover
62.3k
-40%
operating profit
2.4k
0%
gross margin
84.3%
+2.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-5.2k
+0.08%
total assets
59.9k
-0.12%
cash
2.8k
-0.39%
net assets
Total assets minus all liabilities
diverse fitness torbay ltd company details
company number
11422850
Type
Private limited with Share Capital
industry
93130 - Fitness facilities
incorporation date
June 2018
age
6
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
June 2023
address
unit 5 st. marychurch road, torquay, devon, TQ1 4TY
accountant
NEIL WILSON ACCOUNTANCY LIMITED
auditor
-
diverse fitness torbay 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 diverse fitness torbay ltd.
diverse fitness torbay ltd Companies House Filings - See Documents
| date | description | view/download |
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