GRAVITY FITNESS LIMITED

⚰️Wound downvoluntary-arrangement
08880970 · ltd · incorporated 2014-02-07
Investment thesis
Company voluntary arrangement — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2023
Net worth
book net assets
Opportunity
35/100
Watch
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Fitness facilities
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 35/100 (watch), bankability 22/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: refinance and hold (35/100). Current lenders should be on immediate intervention.

🏦

Refinance opportunity

5 live charges · 5 lenders · oldest 10.2y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 10.2 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Legal-friction score 45/100 (high).

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 6 with DOB)
90
Ownership & PSC
1 active PSC(s) of 8 total, 8 with control declared
90
Director network
16 connected companies via shared directors
90
Filing history
87 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
35/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
25
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2023-12-31

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

4 signals 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
1
filing
  • 1 address
Last 180 days
3
filings
  • 1 address
  • 1 confirmation-statement
  • 1 insolvency
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2026-03-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-12-11
    ⚠️
    liquidation-voluntary-arrangement-meeting-approving-companies-voluntary-arrangement
    insolvency · CVA1
  3. 2025-11-19
    📄
    memorandum-articles
    incorporation · MA
  4. 2025-11-19
    📄
    resolution
    resolution · RESOLUTIONS
  5. 2025-10-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2025-10-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2025-10-03
    KING, Malcolm Anthony Wallace resigned
    director
  8. 2025-10-02
    DEAR, William James Alexander resigned
    director
  9. 2025-05-02
    📄
    capital-name-of-class-of-shares
    capital · SH08
  10. 2025-05-02
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  11. 2025-05-02
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2025-05-02
    📄
    memorandum-articles
    incorporation · MA
  13. 2025-04-29
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2025-04-29
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2025-04-29
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  16. 2024-12-20
    📄
    accounts-with-accounts-type-group
    accounts · AA
  17. 2024-12-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2024-12-02
    🔒
    Charge registered #5
    Lender: Close Leasing Limited
  19. 2023-10-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2023-09-15
    📄
    accounts-with-accounts-type-group
    accounts · AA
  21. 2023-08-01
    ROBINSON, Martin James appointed
    director
  22. 2023-08-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  23. 2023-05-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  24. 2023-02-28
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  25. 2023-02-28
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  26. 2023-02-28
    🔓
    Charge satisfied #3
  27. 2023-02-28
    🔓
    Charge satisfied #2
  28. 2023-02-23
    📄
    memorandum-articles
    incorporation · MA
  29. 2023-02-18
    🔒
    Charge registered #4
    Lender: Trimont Real Estate Advisors, U.K., LTD, Welbeck Works, 33 Welbeck Street, London, England, W1G 8EJ as Security Agent (As Trustee for Each of the Secured Parties)
  30. 2023-02-17
    DEAR, William James Alexander appointed
    director
  31. 2022-10-31
    HALL, Vanessa Claire resigned
    director
  32. 2021-06-01
    HALL, Vanessa Claire appointed
    director
  33. 2021-03-01
    🔒
    Charge registered #3
    Lender: Aurora Leasing LTD
  34. 2020-01-14
    🔒
    Charge registered #2
    Lender: Lloyds Bank PLC
  35. 2019-05-13
    🔓
    Charge satisfied #1
  36. 2017-04-03
    KING, Malcolm Anthony Wallace appointed
    director
  37. 2016-03-16
    🔒
    Charge registered #1
    Lender: Santander UK PLC
  38. 2014-02-07
    🏢
    Company incorporated
    As GRAVITY FITNESS LIMITED
  39. 2014-02-07
    HARRISON, Michael appointed
    director
  40. 2014-02-07
    JENKINSON, Paul Harvey appointed
    director

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

38/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondary12+ year tenure: Director in role 12 years.

Red flags

2 high · 3 med ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2025-12-31

1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2025-12-11: liquidation-voluntary-arrangement-meeting-approving-companies-voluntary-arrangement

Has insolvency history
medium

Companies House flags prior insolvency events. Review the insolvency filings for context.

2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: DEAR, William James Alexander resigned 2025-10-02; KING, Malcolm Anthony Wallace resigned 2025-10-03

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Gfl Holdco Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Gfl Holdco Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
GRAVITY FITNESS LIMITED
This company · 08880970

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%
NameSharesVoting rightsNature of controlNotified
Gfl Holdco Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control15/04/2025
7 historic (ceased) PSCs
  • Mr Paul Harvey Jenkinsonceased 15/04/2025· significant influence
  • Mr Michael Harrisonceased 15/04/2025· significant influence
  • Dr Malcolm Anthony Wallace Kingceased 03/04/2017· significant influence
  • Tracy Fordceased 03/04/2017· 25-50% shares · 25-50% voting
  • Mr Simon Lovell Clayton Whickerceased 03/04/2017· 25-50% shares · 25-50% voting
  • Mr Paul Harvey Jenkinsonceased 03/04/2017· 25-50% shares · 25-50% voting
  • Mr Michael Harrisonceased 03/04/2017· 25-50% shares · 25-50% voting

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 · WF postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
2 VALLEYS LTD
11876622 · est 2019 · no financials extracted
7y
20-20 PROMOTIONS LIMITED
16823360 · est 2025 · no financials extracted
335 PROMOTIONS LTD
15469297 · est 2024 · no financials extracted
2y
5SPORT LIMITED
13721906 · est 2021 · no financials extracted
4y
A MIND FOR TRAVEL LTD
15865755 · est 2024 · no financials extracted
1y
ABBIE BAYLIS PT LTD
14119445 · est 2022 · no financials extracted
3y
ABC CONNECT LTD
11932818 · est 2019 · no financials extracted
7y
ABUSINS MUAY THAI LTD
16864249 · est 2025 · no financials extracted
ACKWORTH RAMBLING SCHOOL OF EXCELLENCE LTD
12988011 · est 2020 · no financials extracted
5y
ACTIVE GOLD CIC
15743154 · est 2024 · no financials extracted
1y
ACTIVITY YACHTING LTD
16787917 · est 2025 · no financials extracted
ADAM FITNESS LIMITED
15336974 · est 2023 · no financials extracted
2y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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

Statusvoluntary-arrangement
Typeltd
Incorporated2014-02-07
Jurisdictionengland-wales
Primary SIC93130 — Fitness facilities

Registered office

Unit 28 Colorado Way
Castleford
WF10 4TA
England

Filing status

Accounts
Next due: 2025-12-31OVERDUE
Last made up to: 2023-12-31
Confirmation statement
Next due: 2027-02-06
Last: 2026-01-23

Officers (3 active · 3 resigned)

HARRISON, Michael
director · ~48y · appointed 2014-02-07
View their other companies + combined net worth →
Active
JENKINSON, Paul Harvey
director · ~44y · appointed 2014-02-07
View their other companies + combined net worth →
Active
ROBINSON, Martin James
director · ~40y · appointed 2023-08-01
View their other companies + combined net worth →
Active
DEAR, William James Alexander
director · ~42y · appointed 2023-02-17 · resigned 2025-10-02
Resigned
HALL, Vanessa Claire
director · ~59y · appointed 2021-06-01 · resigned 2022-10-31
Resigned
KING, Malcolm Anthony Wallace
director · ~51y · appointed 2017-04-03 · resigned 2025-10-03
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

5
Total charges
2
Outstanding
2
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Close Leasing
Close Leasing Limited
A registered charge1 property02/12/2024
outstanding
Trimont Real Estate Advisors, U.K., , Welbeck Works, 33 Welbeck Street, London, England, W1G 8EJ as Security Agent (As Trustee for Each of the Secured Parties)
Trimont Real Estate Advisors, U.K., LTD, Welbeck Works, 33 Welbeck Street, London, England, W1G 8EJ as Security Agent (As Trustee for Each of the Secured Parties)
A registered charge18/02/2023
satisfied
Aurora Leasing
Aurora Leasing LTD
A registered charge1 property01/03/202128/02/2023
satisfied
Lloyds Banking Group
Lloyds Bank PLC
A registered charge14/01/202028/02/2023
satisfied
Santander
Santander UK PLC
A registered charge16/03/201613/05/2019
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (87 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-16
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-23
liquidation-voluntary-arrangement-meeting-approving-companies-voluntary-arrangement
insolvency · CVA1
2025-12-11
memorandum-articles
incorporation · MA
2025-11-19
resolution
resolution · RESOLUTIONS
2025-11-19
termination-director-company-with-name-termination-date
officers · TM01
2025-10-10
termination-director-company-with-name-termination-date
officers · TM01
2025-10-10
capital-name-of-class-of-shares
capital · SH08
2025-05-02
capital-variation-of-rights-attached-to-shares
capital · SH10
2025-05-02
resolution
resolution · RESOLUTIONS
2025-05-02
memorandum-articles
incorporation · MA
2025-05-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-04-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-04-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-07