C42 FITNESS LTD

💤Zombieactive
12470428 · ltd · incorporated 2020-02-18
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
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Turnover
year to Feb 2025
Net worth
£0
book net assets
Opportunity
62/100
Worth a look
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What this business does
Primary activity: Fitness facilities
Sector: Arts, entertainment & recreation
ALSO REGISTERED FOR
  • 96040Physical well-being activities
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 62/100 (worth a look), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

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, 2 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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
24 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
55
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
64
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£0
Current Assets
£0
Current Liabilities
£0£0£0£0£0£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-29
Total assets£0£0
Current assets£0£0
Net assets£0£0

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-01-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-05-17
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2025-05-06
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2024-07-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-07-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2024-07-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2023-11-28
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2023-10-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2023-05-24
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2023-05-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2023-05-09
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  12. 2022-05-11
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  13. 2022-05-10
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  14. 2022-05-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2022-03-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2021-10-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2021-08-03
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  18. 2021-06-08
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  19. 2020-02-18
    🏢
    Company incorporated
    As C42 FITNESS LTD
  20. 2020-02-18
    GROSSMITH, Christopher Peter appointed
    director
  21. 2020-02-18
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
Critical — business is the founder

The 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.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high · 1 low
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-03-03

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Christopher Peter Grossmith
Individual · British · DOB 08/1982 · age 44
75100%
75–100%board control75-100% shares · 75-100% voting · board control18/02/2020

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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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.

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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.

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Company details

Statusactive
Typeltd
Incorporated2020-02-18
Jurisdictionengland-wales
Primary SIC93130 — Fitness facilities

Registered office

292 Billinge Road
Wigan
Greater Manchester
WN5 8DF
England

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-03-03OVERDUE
Last: 2025-02-17

Officers (1 active · 0 resigned)

GROSSMITH, Christopher Peter
director · ~44y · appointed 2020-02-18
View their other companies + combined net worth →
Active

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

Recent filings (24 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-22
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-17
gazette-filings-brought-up-to-date
gazette · DISS40
2025-05-17
gazette-notice-compulsory
gazette · GAZ1
2025-05-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-21
gazette-filings-brought-up-to-date
gazette · DISS40
2023-11-28
gazette-notice-compulsory
gazette · GAZ1
2023-10-03
gazette-filings-brought-up-to-date
gazette · DISS40
2023-05-24
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-23
gazette-notice-compulsory
gazette · GAZ1
2023-05-09
gazette-filings-brought-up-to-date
gazette · DISS40
2022-05-11