BANNATYNE FITNESS (2) LIMITED
🌳Matureactive
07674830 · ltd · incorporated 2011-06-20
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Fitness facilities
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 71/100 (strong), bankability 67/100. Strong seller-intent signal (63/100, director aged 77). Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
6 live charges · 3 lenders · oldest 14.8y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 14.8 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (61/100)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
No iXBRL financials extracted
0
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
14 officers (3 active, 14 linked, 12 with DOB)
87
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
17 connected companies via shared directors
90
Filing history
84 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
4
filings
- • 2 mortgage
- • 1 accounts
- • 1 persons-with-significant-control
Last 180 days
4
filings
- • 2 mortgage
- • 1 accounts
- • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (56 events)Click to expand
- 2026-04-15📄accounts-with-accounts-type-fullaccounts · AA
- 2026-03-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-26📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-03-26🔓Charge satisfied #4
- 2026-03-19🔒Charge registered #6Lender: National Westminster Bank PLC
- 2026-03-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-08-19📄change-person-director-company-with-change-dateofficers · CH01
- 2025-08-19📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-07-31➖HANCOCK, Steven resigneddirector
- 2025-04-09📄accounts-with-accounts-type-fullaccounts · AA
- 2024-12-24📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2024-12-24📄legacycapital · SH20
- 2024-12-24⚠️legacyinsolvency · CAP-SS
- 2024-12-24📄resolutionresolution · RESOLUTIONS
- 2024-09-23📄change-person-director-company-with-change-dateofficers · CH01
- 2024-04-24📄accounts-with-accounts-type-fullaccounts · AA
- 2023-10-13📄accounts-with-accounts-type-fullaccounts · AA
- 2022-07-01📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-06-30➖JAMES, Edwin resignedsecretary
- 2022-06-30➖JAMES, Edwin Michael Lewis resigneddirector
- 2022-06-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-06-22➕BROWN, Victoria Lyndsey appointeddirector
- 2022-06-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-05-16📄accounts-with-accounts-type-fullaccounts · AA
- 2022-01-06📄accounts-with-accounts-type-fullaccounts · AA
- 2021-12-09📄change-person-director-company-with-change-dateofficers · CH01
- 2021-12-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-12-06➕BANNATYNE, Duncan appointeddirector
- 2021-07-16➖CAMPLING, Kenneth Peter resigneddirector
- 2020-02-14➖ELLIOTT, Anthony Craig resigneddirector
- 2019-07-01➕WILKINSON, Karen appointeddirector
- 2019-06-30➖MUSGROVE, Justin resigneddirector
- 2019-01-15🔒Charge registered #5Lender: Metro Bank PLC
- 2018-10-23🔓Charge satisfied #2
- 2018-10-23🔓Charge satisfied #1
- 2018-10-19🔒Charge registered #4Lender: Metro Bank PLC
- 2018-10-19🔒Charge registered #3Lender: Metro Bank PLC
- 2018-03-29🔒Charge registered #2Lender: Svenska Handelsbanken Ab (Publ)
- 2016-09-01➕ELLIOTT, Anthony Craig appointeddirector
- 2016-04-04➖BANNATYNE, Duncan Walker resigneddirector
- 2016-01-30➕CAMPLING, Kenneth Peter appointeddirector
- 2015-09-09➕JAMES, Edwin Michael Lewis appointeddirector
- 2015-03-04➕JAMES, Edwin appointedsecretary
- 2015-03-04➖ARMSTRONG, Graham Nigel resigneddirector
- 2015-03-04➕MUSGROVE, Justin appointeddirector
- 2014-11-10➖WATSON, Christopher Paul resignedsecretary
- 2014-11-10➖WATSON, Christopher Paul resigneddirector
- 2012-12-24➕WATSON, Christopher Paul appointeddirector
- 2012-03-28➖JAMES, Edwin Michael Lewis resigneddirector
- 2012-01-01➕HANCOCK, Steven appointeddirector
Showing most recent 50 of 56 events
Owner dependency
80/100
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
- +Founder name in company name: Company name contains director surname "BANNATYNE" — strong identity link between founder and business.
- +Founder age: Director aged approximately 77 — succession pressure is live.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
Red flags
1 high · 1 med ·1 insolvency-related filing on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2024-12-24: legacy
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
The Bannatyne Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
The Bannatyne Group Limited
Corporate parent · holds 75-100% shares · board control
⬇
BANNATYNE FITNESS (2) LIMITED
This company · 07674830
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
The Bannatyne Group Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
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 · DL postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AAMINAH SNOWDON ART LIMITED→ 10546365 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| AD & GK RACING LTD→ 16036118 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADMIRE FITNESS LTD→ 15673392 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ADRENALIN (NORTH YORKSHIRE) LIMITED→ 04399906 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| ART INFINITY PHOTOPRINT LTD→ 14258830 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ASPIRE FITNESS CLASSES LTD→ 08546957 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ATLAS TAXIS MANAGEMENT LIMITED→ 09623986 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| AYCLIFFE DANCE ACADEMY LIMITED→ 07781902 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| BANNATYNE'S HEALTH CLUB (NORWICH WEST) LIMITED→ 10478148 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BARNARD CASTLE CC TRADING LIMITED→ 09972433 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| BARNARD CASTLE CRICKET CLUB LIMITED→ 09958525 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| BARNARD CASTLE FOOTBALL CLUB LIMITED→ 05400512 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2011-06-20
Jurisdictionengland-wales
Primary SIC93130 — Fitness facilities
Registered office
Power House
Haughton Road
Darlington
County Durham
DL1 1ST
Filing status
Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-10-05
Last: 2025-09-21
Officers (3 active · 11 resigned)
BANNATYNE, Duncan→
Activedirector · ~77y · appointed 2021-12-06
View their other companies + combined net worth →
BROWN, Victoria Lyndsey→
Activedirector · ~49y · appointed 2022-06-22
View their other companies + combined net worth →
WILKINSON, Karen→
Activedirector · ~59y · appointed 2019-07-01
View their other companies + combined net worth →
JAMES, Edwin→
Resignedsecretary · appointed 2015-03-04 · resigned 2022-06-30
WATSON, Christopher Paul→
Resignedsecretary · appointed 2011-06-20 · resigned 2014-11-10
ARMSTRONG, Graham Nigel→
Resigneddirector · ~55y · appointed 2011-06-20 · resigned 2015-03-04
BANNATYNE, Duncan Walker→
Resigneddirector · ~77y · appointed 2011-06-20 · resigned 2016-04-04
CAMPLING, Kenneth Peter→
Resigneddirector · ~63y · appointed 2016-01-30 · resigned 2021-07-16
ELLIOTT, Anthony Craig→
Resigneddirector · ~45y · appointed 2016-09-01 · resigned 2020-02-14
HANCOCK, Steven→
Resigneddirector · ~61y · appointed 2012-01-01 · resigned 2025-07-31
JAMES, Edwin Michael Lewis→
Resigneddirector · ~46y · appointed 2015-09-09 · resigned 2022-06-30
JAMES, Edwin Michael Lewis→
Resigneddirector · ~46y · appointed 2011-07-14 · resigned 2012-03-28
MUSGROVE, Justin→
Resigneddirector · ~57y · appointed 2015-03-04 · resigned 2019-06-30
WATSON, Christopher Paul→
Resigneddirector · ~57y · appointed 2012-12-24 · resigned 2014-11-10
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
3
Outstanding
2
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 19/03/2026 | — | |
| outstanding | Metro Bank Metro Bank PLC | A registered charge | 1 property | 15/01/2019 | — | |
| satisfied | Metro Bank Metro Bank PLC | A registered charge | — | 19/10/2018 | 26/03/2026 | |
| outstanding | Metro Bank Metro Bank PLC | A registered charge | 1 property | 19/10/2018 | — | |
| satisfied | Svenska Handelsbanken Ab (Publ) | A registered charge | 1 property | 29/03/2018 | 23/10/2018 | |
| satisfied | Svenska Handelsbanken Ab (Publ) | Debenture | 1 property | 18/07/2011 | 23/10/2018 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (84 total)
accounts-with-accounts-type-full
accounts · AA
2026-04-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-27
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-03-18
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-22
change-person-director-company-with-change-date
officers · CH01
2025-08-19
termination-director-company-with-name-termination-date
officers · TM01
2025-08-19
accounts-with-accounts-type-full
accounts · AA
2025-04-09
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2024-12-24
legacy
capital · SH20
2024-12-24
legacy
insolvency · CAP-SS
2024-12-24
resolution
resolution · RESOLUTIONS
2024-12-24
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-23
change-person-director-company-with-change-date
officers · CH01
2024-09-23
accounts-with-accounts-type-full
accounts · AA
2024-04-24