rh10 fitness ltd

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rh10 fitness ltd Company Information

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Company Number

11628559

Shareholders

sam o'connor

robin james cook

Group Structure

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Industry

Fitness facilities

 

Registered Address

11 ashurst drive, worth, crawley, RH10 7FS

rh10 fitness ltd Estimated Valuation

£252k

Pomanda estimates the enterprise value of RH10 FITNESS LTD at £252k based on a Turnover of £249.6k and 1.01x industry multiple (adjusted for size and gross margin).

rh10 fitness ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of RH10 FITNESS LTD at £0 based on an EBITDA of £-16.5k and a 4.54x industry multiple (adjusted for size and gross margin).

rh10 fitness ltd Estimated Valuation

£79.1k

Pomanda estimates the enterprise value of RH10 FITNESS LTD at £79.1k based on Net Assets of £21.5k and 3.68x industry multiple (adjusted for liquidity).

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Rh10 Fitness Ltd Overview

Rh10 Fitness Ltd is a live company located in crawley, RH10 7FS with a Companies House number of 11628559. It operates in the fitness facilities sector, SIC Code 93130. Founded in October 2018, it's largest shareholder is sam o'connor with a 85% stake. Rh10 Fitness Ltd is a young, micro sized company, Pomanda has estimated its turnover at £249.6k with rapid growth in recent years.

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Rh10 Fitness Ltd Health Check

Pomanda's financial health check has awarded Rh10 Fitness Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £249.6k, make it in line with the average company (£234.8k)

£249.6k - Rh10 Fitness Ltd

£234.8k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 40%, show it is growing at a faster rate (21.3%)

40% - Rh10 Fitness Ltd

21.3% - Industry AVG

production

Production

with a gross margin of 59.9%, this company has a higher cost of product (83.5%)

59.9% - Rh10 Fitness Ltd

83.5% - Industry AVG

profitability

Profitability

an operating margin of -6.6% make it less profitable than the average company (5.8%)

-6.6% - Rh10 Fitness Ltd

5.8% - Industry AVG

employees

Employees

with 6 employees, this is similar to the industry average (5)

6 - Rh10 Fitness Ltd

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £21.3k, the company has an equivalent pay structure (£21.3k)

£21.3k - Rh10 Fitness Ltd

£21.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £41.6k, this is less efficient (£77k)

£41.6k - Rh10 Fitness Ltd

£77k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 51 days, this is later than average (13 days)

51 days - Rh10 Fitness Ltd

13 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 98 days, this is slower than average (71 days)

98 days - Rh10 Fitness Ltd

71 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Rh10 Fitness Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Rh10 Fitness Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 57.7%, this is a lower level of debt than the average (83%)

57.7% - Rh10 Fitness Ltd

83% - Industry AVG

RH10 FITNESS LTD financials

EXPORTms excel logo

Rh10 Fitness Ltd's latest turnover from October 2024 is estimated at £249.6 thousand and the company has net assets of £21.5 thousand. According to their latest financial statements, Rh10 Fitness Ltd has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2024Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019
Turnover249,624214,302179,53891,617129,483
Other Income Or Grants
Cost Of Sales100,127101,07979,01026,98952,761
Gross Profit149,498113,223100,52864,62876,722
Admin Expenses166,011101,83090,18027,36185,920-123
Operating Profit-16,51311,39310,34837,267-9,198123
Interest Payable
Interest Receivable
Pre-Tax Profit-16,51311,39310,34837,267-9,198123
Tax-2,848-1,966-7,081-23
Profit After Tax-16,5138,5458,38230,186-9,198100
Dividends Paid
Retained Profit-16,5138,5458,38230,186-9,198100
Employee Costs127,81991,98083,92136,74238,213
Number Of Employees65522
EBITDA*-16,51311,39310,34837,267-9,198123

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2024Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019
Tangible Assets15,90923,49831,37139,51123,802
Intangible Assets
Investments & Other404040100
Debtors (Due After 1 year)
Total Fixed Assets15,94923,53831,41139,51123,802100
Stock & work in progress
Trade Debtors34,88945,38855,28542,16528,051
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets34,88945,38855,28542,16528,051
total assets50,83868,92686,69681,67651,853100
Bank overdraft
Bank loan
Trade Creditors 26,93924,31246,89346,25542,618
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities26,93924,31246,89346,25542,618
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities2,3976,59910,33314,33318,333
provisions
total long term liabilities2,3976,59910,33314,33318,333
total liabilities29,33630,91157,22660,58860,951
net assets21,50238,01529,47021,088-9,098100
total shareholders funds21,50238,01529,47021,088-9,098100
Oct 2024Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019
Operating Activities
Operating Profit-16,51311,39310,34837,267-9,198123
Depreciation
Amortisation
Tax-2,848-1,966-7,081-23
Stock
Debtors-10,499-9,89713,12014,11428,051
Creditors2,627-22,5816383,63742,618
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-3,387-4,139-4,10019,7095,369100
Investing Activities
capital expenditure7,5897,8738,140-15,709-23,802
Change in Investments40-100100
cash flow from investments7,5897,8738,100-15,709-23,702-100
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-4,202-3,734-4,000-4,00018,333
share issue
interest
cash flow from financing-4,202-3,734-4,000-4,00018,333
cash and cash equivalents
cash
overdraft
change in cash

rh10 fitness ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Rh10 Fitness Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for rh10 fitness ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in RH10 area or any other competitors across 12 key performance metrics.

rh10 fitness ltd Ownership

RH10 FITNESS LTD group structure

Rh10 Fitness Ltd has no subsidiary companies.

Ultimate parent company

RH10 FITNESS LTD

11628559

RH10 FITNESS LTD Shareholders

sam o'connor 85%
robin james cook 15%

rh10 fitness ltd directors

Rh10 Fitness Ltd currently has 2 directors. The longest serving directors include Mr Sam O'Connor (Oct 2018) and Mr Robin Cook (Jun 2020).

officercountryagestartendrole
Mr Sam O'ConnorUnited Kingdom33 years Oct 2018- Director
Mr Robin CookEngland47 years Jun 2020- Director

P&L

October 2024

turnover

249.6k

+16%

operating profit

-16.5k

0%

gross margin

59.9%

+13.35%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

October 2024

net assets

21.5k

-0.43%

total assets

50.8k

-0.26%

cash

0

0%

net assets

Total assets minus all liabilities

rh10 fitness ltd company details

company number

11628559

Type

Private limited with Share Capital

industry

93130 - Fitness facilities

incorporation date

October 2018

age

7

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

October 2024

previous names

rh10 crossfit ltd (June 2020)

crossfit arc limited (January 2020)

accountant

-

auditor

-

address

11 ashurst drive, worth, crawley, RH10 7FS

Bank

-

Legal Advisor

-

rh10 fitness 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 rh10 fitness ltd.

rh10 fitness 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.

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rh10 fitness ltd Companies House Filings - See Documents

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