X-CEL FITNESS LTD

💤Zombieactive

NI672792 · ltd · incorporated 2020-09-22

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

—

Upgrade to see

Turnover

—

year to Sept 2024

Net worth

—

book net assets

Opportunity

71/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 10890

Sector: Manufacturing

ALSO REGISTERED FOR

46420Wholesale of clothing and footwear
47430Retail sale of audio and video equipment in specialised stores

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 71/100 (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: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (76/100)

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

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (2 active, 2 linked, 1 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

10 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

71/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-09-30	2023-09-30

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (8 events)Click to expand

2025-10-14
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-15
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-09-22
🏢
Company incorporated
As X-CEL FITNESS LTD
2020-09-22
➕
MCALONE, Mark appointed
secretary
2020-09-22
➕
MCALONE, Mark appointed
director
2020-09-22
📄
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

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%

Name	Shares	Voting rights	Nature of control	Notified
Mr Mark Mcalone Individual · Irish · DOB 01/1980 · age 46	75–100%	—	75-100% shares	22/09/2020

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

Similar companies

Active · Food & drink · BT postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
AVONDALE FOODS (CRAIGAVON) LIMITED→ NI015099 · est 1981	£28.26M £20.83M–£35.70M	—	—	570	44y	88	80y
MCKEOWN FINE FOODS LIMITED→ NI033660 · est 1998	£16.23M £11.96M–£20.50M	£24.93M	—	12300	28y	90	53y
SCOTTS BAKERY LIMITED→ NI043594 · est 2002	£14.57M £10.74M–£18.41M	£39.89M	—	26100	23y	87	61y
C & O MILLIGAN (N.I.) LIMITED→ NI034232 · est 1998	£13.64M £10.05M–£17.23M	£13.50M	—	1400	28y	87	82y
FRYLITE LIMITED→ NI031632 · est 1996	£11.46M £8.44M–£14.47M	—	—	—	29y	84	64y
CRUST & CRUMB BAKERY LTD→ NI608062 · est 2011	£9.31M £6.86M–£11.76M	£93.16M	—	25700	14y	85	76y
MOORES ANIMAL FEEDS LIMITED→ NI020611 · est 1987	£9.22M £6.79M–£11.64M	£42.15M	—	3300	38y	85	69y
JOHN WOODS (LISGLYN) LIMITED→ NI006498 · est 1965	£8.05M £5.93M–£10.17M	£18.92M	—	8900	60y	91	85y
T.J. BOOTH & SONS LIMITED→ NI014628 · est 1980	£8.02M £5.91M–£10.13M	£28.44M	—	1900	45y	87	80y
CHESTNUTT ANIMAL FEEDS LIMITED→ NI602522 · est 2010	£7.82M £5.76M–£9.87M	—	—	30	16y	87	67y
WILLIAM GRANT AND COMPANY LIMITED,→ NI000477 · est 1928	£3.68M £2.71M–£4.65M	£13.69M	—	5300	98y	85	89y
T.S. FOODS LIMITED→ NI014115 · est 1980	£3.67M £2.71M–£4.64M	£9.80M	—	11000	46y	85	79y

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

Incorporated2020-09-22

Jurisdictionnorthern-ireland

Primary SIC10890 — SIC 10890

Registered office

23 Cherry Valley

Enniskillen

Fermanagh

BT74 6FG

Northern Ireland

Filing status

Accounts

Next due: 2026-06-30

Last made up to: 2024-09-30

Confirmation statement

Next due: 2026-10-05

Last: 2025-09-21

Officers (2 active · 0 resigned)

MCALONE, Mark→

secretary · appointed 2020-09-22

View their other companies + combined net worth →

Active

MCALONE, Mark→

director · ~46y · appointed 2020-09-22

View their other companies + combined net worth →

Active

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