GEM FITNESS LTD
💤Zombieactive
04916455 · ltd · incorporated 2003-09-30
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
£4.5k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Fitness facilities
Sector: Arts, entertainment & recreation
Investor take
PursueAsset-holding vehicle with a 65-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 1 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
64 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £4,516
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£5k
↑ 796% YoY
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £6.3k | £2.5k |
| Current assets | — | £2.7k |
| Cash | — | £1.4k |
| Debtors | — | £1.3k |
| Net assets | £4.5k | £504 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
4
filings
- • 2 gazette
- • 1 confirmation-statement
- • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2025-12-30📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-12-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-12-16📄gazette-notice-compulsorygazette · GAZ1
- 2025-06-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-21📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-05-19➖CRAWLEY, Emma Jane resignedsecretary
- 2024-06-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-30📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-08-30📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-08-30📄change-person-director-company-with-change-dateofficers · CH01
- 2023-06-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-08-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-01📄change-person-secretary-company-with-change-dateofficers · CH03
- 2022-08-01📄change-person-director-company-with-change-dateofficers · CH01
- 2022-08-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-06-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-06-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2003-09-30🏢Company incorporatedAs GEM FITNESS LTD
- 2003-09-30➕MATTHEWS, Gary Robert appointeddirector
- 2003-09-30➕CRAWLEY, Emma Jane appointedsecretary
- 2003-09-30➕SWIFT INCORPORATIONS LIMITED appointedcorporate-nominee-secretary
- 2003-09-30➖SWIFT INCORPORATIONS LIMITED resignedcorporate-nominee-secretary
Owner dependency
100/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 65 — succession pressure is live.
Succession & seller-readiness
95/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 23 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Gary Robert Matthews Individual · British · DOB 03/1961 · age 65 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 01/07/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒Co-director network graph
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 · IP postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1 RM STRENGTH SPORTS LIMITED→ 17117220 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 119 CREATIVE LIMITED→ 07338245 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| 121 COACHING LIMITED→ 11554626 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 1RULE UK LTD→ 14189674 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 3 BRO'S CROSSFIT LTD→ 13661870 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 365 COMPETITIONS LIMITED→ 17009683 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 414 KITING LTD→ 11302633 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| 4FOUR MOTORSPORTS LTD→ 08811718 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| A BRADY PICTURE LTD→ 16204326 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| A FRENCH PRODUCTION LTD.→ 06186990 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| A&D DOLAN LTD→ 09628531 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| A1 VOICE INTERNATIONAL LTD→ 11001383 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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 →🔒Advanced scoring suite
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
Statusactive
Typeltd
Incorporated2003-09-30
Jurisdictionengland-wales
Primary SIC93130 — Fitness facilities
Registered office
12 The Drive
Reydon
Southwold
IP18 6PN
England
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-10-14
Last: 2025-09-30
Officers (1 active · 2 resigned)
MATTHEWS, Gary Robert→
Activedirector · ~65y · appointed 2003-09-30
View their other companies + combined net worth →
CRAWLEY, Emma Jane→
Resignedsecretary · appointed 2003-09-30 · resigned 2025-05-19
SWIFT INCORPORATIONS LIMITED→
Resignedcorporate-nominee-secretary · appointed 2003-09-30 · resigned 2003-09-30
Click a director name to see their full track record across all companies.
Recent filings (64 total)
gazette-filings-brought-up-to-date
gazette · DISS40
2025-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-29
gazette-notice-compulsory
gazette · GAZ1
2025-12-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-06
termination-secretary-company-with-name-termination-date
officers · TM02
2025-05-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-08-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-30
change-person-director-company-with-change-date
officers · CH01
2023-08-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-05-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-04