BLK BOX FITNESS LIMITED

🌳Matureactive
NI611745 · ltd · incorporated 2012-03-15
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
£19.58M
year to Dec 2024
Net worth
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: SIC 25990
Sector: Manufacturing
ALSO REGISTERED FOR
  • 47640SIC 47640
  • 93130Fitness facilities
Investor take
Pursue
Strong opportunity: leverage-led grower with strong profile and acceptable with review structure.

Opportunity 79/100 (strong), bankability 57/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (78/100).

🏦

Refinance opportunity

5 live charges · 3 lenders · oldest 9.4y

45/100
clean up first

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

  • · Oldest live charge is 9.4 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.
  • · Profitable and stable/growing — lender coverage supportable.

Data confidence

Overall: medium (75/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 3 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
9 officers (5 active, 9 linked, 9 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
71 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £1,066,875

Key financials

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

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-31
Turnover£19.58M
Gross profit£6.24M
Operating profit£1.50M
Profit before tax£1.07M
Average employees10400

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

🔒Filing-note intelligence

2 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
4
filings
  • 3 persons-with-significant-control
  • 1 confirmation-statement
Last 180 days
7
filings
  • 3 persons-with-significant-control
  • 2 confirmation-statement
  • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2026-04-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  2. 2026-03-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2026-03-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  4. 2026-02-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2026-02-25
    🔒
    Charge registered #5
    Lender: Barclays Bank PLC
  6. 2025-12-18
    📄
    accounts-with-accounts-type-full
    accounts · AA
  7. 2025-10-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2025-10-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2025-08-04
    MCLAUGHLIN, John appointed
    director
  10. 2025-07-31
    RICE, Bryan resigned
    director
  11. 2025-03-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2025-03-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2025-03-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2025-03-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2025-02-13
    ANDERSON, Daniel appointed
    director
  16. 2025-02-13
    MCDERMOTT, Keith Michael appointed
    director
  17. 2025-02-13
    STOCKS, Ben appointed
    director
  18. 2025-02-13
    RICE, Bryan appointed
    director
  19. 2024-12-23
    📄
    accounts-with-accounts-type-full
    accounts · AA
  20. 2024-03-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  21. 2024-01-09
    📄
    accounts-with-accounts-type-full
    accounts · AA
  22. 2023-12-22
    📄
    memorandum-articles
    incorporation · MA
  23. 2023-12-22
    📄
    resolution
    resolution · RESOLUTIONS
  24. 2022-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  25. 2022-12-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  26. 2022-12-16
    🔒
    Charge registered #4
    Lender: NI Growth Loan Fund Ii General Partner Limited in Its Capacity as General Partner for and on Behalf of NI Growth Loan Fund Ii LP (Trading as the Growth Loan Fund)
  27. 2022-10-21
    📄
    second-filing-capital-allotment-shares
    capital · RP04SH01
  28. 2022-10-20
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  29. 2022-10-18
    🔒
    Charge registered #3
    Lender: NI Growth Loan Fund Ii General Partner Limited in Its Capacity as General Partner for and on Behalf of NI Growth Loan Fund Ii LP (Trading as the Growth Loan Fund)
  30. 2021-11-25
    🔓
    Charge satisfied #1
  31. 2021-11-23
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  32. 2019-06-28
    JOHNSTON, Jonathan Michael resigned
    director
  33. 2018-08-15
    JOHNSTON, Jonathan Michael appointed
    director
  34. 2017-01-06
    MULLAN, Ciaran resigned
    director
  35. 2017-01-06
    MULLAN, Declan resigned
    director
  36. 2017-01-06
    🔒
    Charge registered #1
    Lender: Northern Bank Limited
  37. 2013-02-12
    MULLAN, Ciaran appointed
    director
  38. 2012-04-01
    BRADLEY, Gregory appointed
    director
  39. 2012-03-15
    🏢
    Company incorporated
    As BLK BOX FITNESS LIMITED
  40. 2012-03-15
    MULLAN, Declan appointed
    director

Owner dependency

48/100
Moderate — manageable with handover

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

FACTORS
  • -5 active directors: Broader management team in place — suggests transferable governance.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

63/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • secondary12+ year tenure: Director in role 14 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

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

Group structure

Blk Box Fitness Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Blk Box Fitness Group Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
BLK BOX FITNESS LIMITED
This company · NI611745

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
Blk Box Fitness Group Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/01/2017
1 historic (ceased) PSC
  • Mr Gregory Bradleyceased 15/03/2019· significant influence

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

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
Incorporated2012-03-15
Jurisdictionnorthern-ireland
Primary SIC25990 — SIC 25990

Registered office

4 Cloughfern Avenue
Newtownabbey
BT37 0UB
Northern Ireland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-05-13
Last: 2026-04-29

Officers (5 active · 4 resigned)

ANDERSON, Daniel
director · ~42y · appointed 2025-02-13
View their other companies + combined net worth →
Active
BRADLEY, Gregory
director · ~38y · appointed 2012-04-01
View their other companies + combined net worth →
Active
MCDERMOTT, Keith Michael
director · ~63y · appointed 2025-02-13
View their other companies + combined net worth →
Active
MCLAUGHLIN, John
director · ~40y · appointed 2025-08-04
View their other companies + combined net worth →
Active
STOCKS, Ben
director · ~43y · appointed 2025-02-13
View their other companies + combined net worth →
Active
JOHNSTON, Jonathan Michael
director · ~62y · appointed 2018-08-15 · resigned 2019-06-28
Resigned
MULLAN, Ciaran
director · ~40y · appointed 2013-02-12 · resigned 2017-01-06
Resigned
MULLAN, Declan
director · ~37y · appointed 2012-03-15 · resigned 2017-01-06
Resigned
RICE, Bryan
director · ~44y · appointed 2025-02-13 · resigned 2025-07-31
Resigned

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

Mortgages & charges

5
Total charges
4
Outstanding
2
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Barclays
Barclays Bank PLC
A registered charge25/02/2026
outstanding
NI Growth Loan Fund Ii General Partner in Its Capacity as General Partner for and on Behalf of NI Growth Loan Fund Ii LP (Trading as the Growth Loan Fund)
NI Growth Loan Fund Ii General Partner Limited in Its Capacity as General Partner for and on Behalf of NI Growth Loan Fund Ii LP (Trading as the Growth Loan Fund)
A registered charge16/12/2022
outstanding
NI Growth Loan Fund Ii General Partner in Its Capacity as General Partner for and on Behalf of NI Growth Loan Fund Ii LP (Trading as the Growth Loan Fund)
NI Growth Loan Fund Ii General Partner Limited in Its Capacity as General Partner for and on Behalf of NI Growth Loan Fund Ii LP (Trading as the Growth Loan Fund)
A registered charge18/10/2022
outstanding
Barclays
Barclays Bank PLC
A registered charge1 property23/11/2021
satisfied
Northern Bank
Northern Bank Limited
A registered charge1 property06/01/201725/11/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (71 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-04-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-03-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-15
accounts-with-accounts-type-full
accounts · AA
2025-12-18
appoint-person-director-company-with-name-date
officers · AP01
2025-10-15
termination-director-company-with-name-termination-date
officers · TM01
2025-10-15
appoint-person-director-company-with-name-date
officers · AP01
2025-03-03
appoint-person-director-company-with-name-date
officers · AP01
2025-03-03
appoint-person-director-company-with-name-date
officers · AP01
2025-03-03
appoint-person-director-company-with-name-date
officers · AP01
2025-03-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-10
accounts-with-accounts-type-full
accounts · AA
2024-12-23