AB FIT GYM LTD

🌱Startupactive
15867242 · ltd · incorporated 2024-07-31
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.
Why now
Window steady · medium confidence
Mixed signals — 1 changes over 30 days, no clear direction yet.
  • · Filings: 4 → 9
What changed my view
Last 30 days

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

  • Filings: 49
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
£1
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Fitness facilities
Sector: Arts, entertainment & recreation
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 71/100 (strong), bankability 70/100. 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: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 1.7y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Newest facility, 1.7 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (71/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
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
1 connected companies via shared directors
48
Filing history
9 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1

Key financials

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

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-07-31
Total assets£1
Net assets£1

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
6
filings
  • 2 officers
  • 2 persons-with-significant-control
  • 1 address
Last 180 days
6
filings
  • 2 officers
  • 2 persons-with-significant-control
  • 1 address
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2026-06-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2026-06-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2026-06-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2026-06-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2026-06-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2026-05-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2024-11-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2024-11-04
    🔒
    Charge registered #1
    Lender: Dbw Investments (3) Limited
  9. 2024-07-31
    🏢
    Company incorporated
    As AB FIT GYM LTD
  10. 2024-07-31
    BRITTON, Michael Alexander appointed
    director
  11. 2024-07-31
    📄
    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.
  • +Young company: Only 2.0 years old — management layer unlikely to be developed.

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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Michael Alexander Britton
Individual · British · DOB 05/1985 · age 41
75100%
75–100%board control75-100% shares · 75-100% voting · board control31/07/2024

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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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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.

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
Incorporated2024-07-31
Jurisdictionwales
Primary SIC93130 — Fitness facilities

Registered office

35 Blaenau Gwent Rows
Abertillery
Blaenau Gwent
NP13 1PE
Wales

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-08-13
Last: 2025-07-30

Officers (1 active · 0 resigned)

BRITTON, Michael Alexander
director · ~41y · appointed 2024-07-31
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Dbw Investments (3)
Dbw Investments (3) Limited
A registered charge2 properties04/11/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (9 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-06-08
change-person-director-company-with-change-date
officers · CH01
2026-06-08
change-person-director-company-with-change-date
officers · CH01
2026-06-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-06-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-06-08
accounts-with-accounts-type-micro-entity
accounts · AA
2026-05-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-05
incorporation-company
incorporation · NEWINC
2024-07-31