BODY IMAGE FITNESS CENTRE LIMITED
Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
3 live charges · 2 lenders · oldest 27.1y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 27.1 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (72/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 102| Metric | 2024-07-31 |
|---|---|
| Total assets | £176.1k |
| Current assets | £654 |
| Cash | £654 |
| Net assets | £127.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 1 accounts
- • 1 confirmation-statement
- • 1 officers
- • 2 officers
- • 2 gazette
- • 1 accounts
Corporate timeline (44 events)Click to expand
- 2026-05-04📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2026-03-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-03-22➖GRAINEY, Stephen resigneddirector
- 2026-03-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-03-09➖WHITTLE, Jason resigneddirector
- 2026-02-28📄gazette-filings-brought-up-to-dategazette · DISS40
- 2026-01-20📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2025-12-30📄gazette-notice-compulsorygazette · GAZ1
- 2025-05-01📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-04-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-05-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-02-02📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-02-01📄gazette-notice-compulsorygazette · GAZ1
- 2021-05-12📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-04-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-01-29📄gazette-filings-brought-up-to-dategazette · DISS40
- 2020-01-28📄gazette-notice-compulsorygazette · GAZ1
- 2019-05-07📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2004-06-24➖HIGSON, Robert William Andrew resigneddirector
- 2004-06-24➖HIGSON, Terence James resigneddirector
- 2003-02-08🔓Charge satisfied #1
- 2003-01-31🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2002-12-07➕RODEN, Martin appointeddirector
- 2002-05-31🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2001-10-24➕GRAINEY, Stephen appointeddirector
- 2001-10-24➖YATES, Jayne resigneddirector
- 2000-09-01➕WHITTLE, Jason appointedsecretary
- 2000-09-01➖PYCROFT, Gary Stuart resignedsecretary
- 2000-09-01➖MACKENZIE, Stephen Calland resigneddirector
- 2000-09-01➖PYCROFT, Gary Stuart resigneddirector
- 2000-09-01➕WHITTLE, Jason appointeddirector
- 2000-09-01➕YATES, Jayne appointeddirector
- 2000-01-09➕HIGSON, Robert William Andrew appointeddirector
- 1999-05-07🔒Charge registered #1Lender: Midland Bank PLC
- 1997-07-15🏢Company incorporatedAs BODY IMAGE FITNESS CENTRE LIMITED
- 1997-07-15➕BREWER, Suzanne appointednominee-secretary
- 1997-07-15➖BREWER, Suzanne resignednominee-secretary
- 1997-07-15➕PYCROFT, Gary Stuart appointedsecretary
- 1997-07-15➕BREWER, Kevin, Dr appointednominee-director
- 1997-07-15➖BREWER, Kevin, Dr resignednominee-director
- 1997-07-15➕HIGSON, Terence James appointeddirector
- 1997-07-15➕MACKENZIE, Stephen Calland appointeddirector
- 1997-07-15➕PYCROFT, Gary Stuart appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 29 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: GRAINEY, Stephen resigned 2026-03-22; WHITTLE, Jason resigned 2026-03-09
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Martin Roden Individual · English · DOB 12/1979 · age 47 | 25–50% | — | 25-50% shares | 05/11/2016 |
Mr Stephen Grainey Individual · English · DOB 05/1961 · age 65 | 25–50% | — | 25-50% shares | 05/11/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Leisure & entertainment · WN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A ACKERS IR LIMITED→ 15452495 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AFRICAN TRIBAL ART LTD→ 15451929 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| AKTIVITI LTD→ 14216179 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ALAN COTTAM AGENCY LIMITED→ 06246462 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| AWAYGOAL TOURS LTD→ 15467143 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| B. DIXON MUSIC SERVICES LTD→ 15028278 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BESPOKE FITNESS AND NUTRITION LTD→ 12676632 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BESPOKE TRAVEL BY HEATHER LIMITED→ 16286695 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BETTER BODIES WESTGATE LTD→ 14899891 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BILLINGE SOCCER CENTRE→ 06729025 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| BODYFIT ACADEMY LTD→ 08232999 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| BODYPULSE LIMITED→ 06771283 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Registered office
Filing status
Officers (2 active · 10 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Debenture | 1 property | 31/01/2003 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 31/05/2002 | — | |
| satisfied | Midland Bank Midland Bank PLC | Debenture | 1 property | 07/05/1999 | 08/02/2003 |