24/7 FITNESS LTD
🚨Distressedactive
07679955 · ltd · incorporated 2011-06-23
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2024
Net worth
£-8.0k
book net assets
Opportunity
69/100
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 69/100 (strong), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 14.5y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 14.5 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (1 active, 5 linked, 4 with DOB)
86
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
65 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
55
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £8,048
Cash YoY
+76%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£60k
↑ 76% YoY
Net Worth
-£8k
↑ 80% YoY
Current Assets
£60k
↑ 18% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-06-30 | 2023-06-30 |
|---|---|---|
| Total assets | £22.1k | £-2.2k |
| Current assets | £60.1k | £51.0k |
| Cash | £60.1k | £34.2k |
| Debtors | — | £16.8k |
| Net assets | £-8.0k | £-39.4k |
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
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
- 2025-08-06📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-08-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-06-13📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2025-06-03📄gazette-notice-compulsorygazette · GAZ1
- 2024-06-01📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-28📄gazette-notice-compulsorygazette · GAZ1
- 2024-04-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-04-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-29📄second-filing-of-director-appointment-with-nameofficers · RP04AP01
- 2022-11-25📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-11-25📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-11-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-11-25📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-11-25📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-11-18➕CHIVERS, Mark Harold appointeddirector
- 2022-11-18➖CHIVERS, Sarah resignedsecretary
- 2022-11-18➖CHIVERS, Sarah resigneddirector
- 2022-07-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2022-07-26📄change-person-director-company-with-change-dateofficers · CH01
- 2022-07-26📄change-person-secretary-company-with-change-dateofficers · CH03
- 2022-07-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-07-26📄change-person-director-company-with-change-dateofficers · CH01
- 2022-07-26📄change-person-secretary-company-with-change-dateofficers · CH03
- 2019-01-02➖LOCKWOOD, Gary Kenneth resigneddirector
- 2015-07-02🔒Charge registered #2Lender: Barclays Bank PLC
- 2014-04-01➕LOCKWOOD, Gary Kenneth appointeddirector
- 2013-12-16➖LOCKWOOD, Gary Kenneth resigneddirector
- 2011-11-02🔒Charge registered #1Lender: Fitness First Clubs Limited
- 2011-06-23🏢Company incorporatedAs 24/7 FITNESS LTD
- 2011-06-23➕CHIVERS, Sarah appointedsecretary
- 2011-06-23➕CHIVERS, Sarah appointeddirector
- 2011-06-23➕LOCKWOOD, Gary Kenneth appointeddirector
Owner dependency
83/100
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.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 high ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2026-03-31
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mark Harold Chivers Individual · British · DOB 12/1968 · age 58 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 18/11/2022 |
1 historic (ceased) PSC
- Tp Partners Limitedceased 18/11/2022· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Leisure & entertainment · PO postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 2020K LIMITED→ 12073117 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| 24 FITNESS & STRENGTH GOSPORT LIMITED→ 16544554 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 2BLOND PRODUCTIONS LIMITED→ 07687542 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| 4 WISE MONKEYS LIMITED→ 12932346 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 432 NO-MAD'S C.I.C.→ 14222242 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 7 SISTER RECORDS LTD→ 13415533 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 74LANDS LTD→ 16448260 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 808 FILMS LTD→ 16981743 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| 90 EVENTS LIMITED→ 16886400 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| A & D AMUSEMENTS LTD→ 17115058 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| A CULTURE OF SPORTS C.I.C.→ 15867728 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AA EVENTS AND TRAVEL LTD→ 13030153 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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
Incorporated2011-06-23
Jurisdictionengland-wales
Primary SIC93130 — Fitness facilities
Registered office
247 Fitness Down End Road
Fareham
Hampshire
PO16 8TS
England
Filing status
Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-12-09
Last: 2025-11-25
Officers (1 active · 4 resigned)
CHIVERS, Mark Harold→
Activedirector · ~58y · appointed 2022-11-18
View their other companies + combined net worth →
CHIVERS, Sarah→
Resignedsecretary · appointed 2011-06-23 · resigned 2022-11-18
CHIVERS, Sarah→
Resigneddirector · ~56y · appointed 2011-06-23 · resigned 2022-11-18
LOCKWOOD, Gary Kenneth→
Resigneddirector · ~53y · appointed 2014-04-01 · resigned 2019-01-02
LOCKWOOD, Gary Kenneth→
Resigneddirector · ~53y · appointed 2011-06-23 · resigned 2013-12-16
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | A registered charge | — | 02/07/2015 | — | |
| outstanding | Fitness First Clubs Fitness First Clubs Limited | Rent deposit deed | 1 property | 02/11/2011 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (65 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-09
gazette-filings-brought-up-to-date
gazette · DISS40
2025-08-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-05
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-06-13
gazette-notice-compulsory
gazette · GAZ1
2025-06-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-08
gazette-filings-brought-up-to-date
gazette · DISS40
2024-06-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-31
gazette-notice-compulsory
gazette · GAZ1
2024-05-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-30
second-filing-of-director-appointment-with-name
officers · RP04AP01
2022-11-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-11-25
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-25