ATHLETIC CLUB 2 LTD

🏛️Establishedactive
11068391 · ltd · incorporated 2017-11-16
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£307.2k
book net assets
Opportunity
66/100
Strong
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What this business does
Primary activity: Fitness facilities
Sector: Arts, entertainment & recreation
Investor take
Special-situation opportunity
Distressed leisure with salvageable qualities — special-situations priority.

Opportunity 66/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: high (83/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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 (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
3 active PSC(s) of 4 total, 4 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
52 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £307,235
Net assets shrinking
Down £590,752 YoY
Cash YoY
+3%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£142k
↑ 3.0% YoY
Net Worth
£307k
↓ 66% YoY
Current Assets
£301k
↓ 61% YoY
Current Liabilities
£0£180k£359k£539k£718k£898kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£310.2k£898.0k
Current assets£300.6k£772.1k
Cash£141.7k£137.6k
Debtors£123.4k£599.9k
Net assets£307.2k£898.0k

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

🔒Filing-note intelligence

3 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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-07-26
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  4. 2024-07-26
    📄
    legacy
    capital · SH20
  5. 2024-07-26
    ⚠️
    legacy
    insolvency · CAP-SS
  6. 2024-07-26
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2024-07-22
    📄
    memorandum-articles
    incorporation · MA
  8. 2024-07-22
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2024-07-22
    📄
    capital-name-of-class-of-shares
    capital · SH08
  10. 2023-08-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2022-12-22
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  12. 2022-05-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2021-12-16
    📄
    memorandum-articles
    incorporation · MA
  14. 2021-12-16
    📄
    resolution
    resolution · RESOLUTIONS
  15. 2021-12-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2021-12-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2021-12-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2021-12-10
    📄
    capital-name-of-class-of-shares
    capital · SH08
  19. 2021-12-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2021-12-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  21. 2021-11-16
    MARDON, Charles James appointed
    director
  22. 2021-11-16
    CLOWES, Victoria Margaret resigned
    director
  23. 2017-11-16
    🏢
    Company incorporated
    As ATHLETIC CLUB 2 LTD
  24. 2017-11-16
    WOOD, Russell Charles appointed
    director
  25. 2017-11-16
    CLOWES, Victoria Margaret appointed
    director

Owner dependency

58/100
Moderate — manageable with handover

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high ·
1 insolvency-related filing on record
high

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

Evidence: 2024-07-26: legacy

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Russell Charles Wood
Individual · English · DOB 05/1976 · age 50
2550%
25-50% shares16/11/2017
Mrs Janette Mardon
Individual · British · DOB 08/1979 · age 47
sig. influencesignificant influence17/05/2018
Mr Charles James Mardon
Individual · British · DOB 08/1979 · age 47
sig. influencesignificant influence17/05/2018
1 historic (ceased) PSC
  • Miss Victoria Margaret Clowesceased 16/11/2021· 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 →

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15700261 · est 2024 · no financials extracted
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ANDY FLOOD (RIGGING) LIMITED
04625025 · est 2002 · no financials extracted
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15726621 · est 2024 · no financials extracted
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05043225 · est 2004 · no financials extracted
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2017-11-16
Jurisdictionengland-wales
Primary SIC93130 — Fitness facilities

Registered office

1285 Century Way
Leeds
LS15 8ZB
England

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-29
Last: 2025-11-15

Officers (2 active · 1 resigned)

MARDON, Charles James
director · ~47y · appointed 2021-11-16
View their other companies + combined net worth →
Active
WOOD, Russell Charles
director · ~50y · appointed 2017-11-16
View their other companies + combined net worth →
Active
CLOWES, Victoria Margaret
director · ~33y · appointed 2017-11-16 · resigned 2021-11-16
Resigned

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

Recent filings (52 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2024-07-26
legacy
capital · SH20
2024-07-26
legacy
insolvency · CAP-SS
2024-07-26
resolution
resolution · RESOLUTIONS
2024-07-26
memorandum-articles
incorporation · MA
2024-07-22
resolution
resolution · RESOLUTIONS
2024-07-22
capital-name-of-class-of-shares
capital · SH08
2024-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-06
change-account-reference-date-company-current-extended
accounts · AA01
2022-12-22