ACES GYM LIMITED

💤Zombieactive
13539592 · ltd · incorporated 2021-07-30
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.
Why now
Window closing · medium confidence
Getting harder to buy cheaply — 1 signals strengthening over the last 30 days.
  • · Bankability: 70 → 75
What changed my view
Last 30 days

Picture improved over the last 30 days — 1 positive signal vs 0 negative.

  • Bankability: 7075
Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Jul 2025
Net worth
£-15.9k
book net assets
Opportunity
70/100
Strong
🔔
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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 70/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: distressed disposal / insolvency (65/100).

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, 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
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £15,942

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£16k
↑ 5.8% YoY
Current Assets
£7k
Current Liabilities
-£17k-£12k-£7k-£3k£2k£7kJul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-07-312024-07-31
Total assets£-15.3k£-16.9k
Current assets£7.1k
Cash£2.4k
Net assets£-15.9k£-16.9k

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 accounts
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-04-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2026-01-20
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2026-01-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2026-01-19
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2026-01-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2026-01-18
    PANESER, Harminder Singh resigned
    director
  7. 2026-01-16
    N'DIAYE, Malick resigned
    director
  8. 2026-01-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2026-01-14
    PANESER, Manjinder Kaur appointed
    director
  10. 2026-01-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  11. 2026-01-02
    PANESER, Parghat Singh resigned
    director
  12. 2026-01-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2026-01-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2026-01-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2025-09-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2025-09-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  17. 2025-07-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2025-07-23
    PANESER, Parghat Singh appointed
    director
  19. 2025-07-22
    N'DIAYE, Malick appointed
    director
  20. 2025-07-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2025-04-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2024-04-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2023-04-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2021-07-30
    🏢
    Company incorporated
    As ACES GYM LIMITED
  25. 2021-07-30
    PANESER, Harminder Singh appointed
    director
  26. 2021-07-30
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

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 med ·
3 director resignations in last 12 months
medium

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

Evidence: N'DIAYE, Malick resigned 2026-01-16; PANESER, Harminder Singh resigned 2026-01-18; PANESER, Parghat Singh resigned 2026-01-02

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Miss Manjinder Kaur Paneser
Individual · British · DOB 01/1980 · age 46
5075%
75–100%board control75-100% shares · 75-100% voting · board control18/01/2026
3 historic (ceased) PSCs
  • Mr Harminder Singh Paneserceased 18/01/2026· 75-100% shares
  • Mr Parghat Singh Paneserceased 02/01/2026· 75-100% shares · 75-100% voting · board control
  • Mr Harminder Singh Paneserceased 31/08/2025· 75-100% shares · 75-100% voting · board control

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 →
🔒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
Incorporated2021-07-30
Jurisdictionengland-wales
Primary SIC93130 — Fitness facilities

Registered office

167-169 Great Portland Street
London
W1W 5PF
England

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-08-12
Last: 2025-07-29

Officers (1 active · 3 resigned)

PANESER, Manjinder Kaur
director · ~46y · appointed 2026-01-14
View their other companies + combined net worth →
Active
N'DIAYE, Malick
director · ~49y · appointed 2025-07-22 · resigned 2026-01-16
Resigned
PANESER, Harminder Singh
director · ~50y · appointed 2021-07-30 · resigned 2026-01-18
Resigned
PANESER, Parghat Singh
director · ~17y · appointed 2025-07-23 · resigned 2026-01-02
Resigned

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

Recent filings (22 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-01-20
termination-director-company-with-name-termination-date
officers · TM01
2026-01-19
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-19
termination-director-company-with-name-termination-date
officers · TM01
2026-01-19
appoint-person-director-company-with-name-date
officers · AP01
2026-01-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-01-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-02
termination-director-company-with-name-termination-date
officers · TM01
2026-01-02
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-09-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-09-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-30
appoint-person-director-company-with-name-date
officers · AP01
2025-07-24
appoint-person-director-company-with-name-date
officers · AP01
2025-07-22