LG FITNESS LTD
🌳Matureactive
SC417041 · ltd · incorporated 2012-02-14
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£193
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Fitness facilities
Sector: Arts, entertainment & recreation
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 73/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
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, 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
6 officers (3 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
56 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £193
Net assets shrinking
Down £1,717 YoY
Cash YoY
-7%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£6k
↓ 6.8% YoY
Net Worth
£193
↓ 90% YoY
Current Assets
£6k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £193 | — |
| Current assets | £5.9k | — |
| Cash | £5.8k | £6.2k |
| Debtors | £101 | — |
| Net assets | £193 | £1.9k |
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
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
- 2025-10-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-24📄change-person-secretary-company-with-change-dateofficers · CH03
- 2025-04-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-04-24📄change-person-director-company-with-change-dateofficers · CH01
- 2025-04-24📄change-person-director-company-with-change-dateofficers · CH01
- 2025-04-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-02-14📄change-person-director-company-with-change-dateofficers · CH01
- 2025-01-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-16➕GREIG, Grace Anne appointeddirector
- 2024-01-16📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-20📄change-person-director-company-with-change-dateofficers · CH01
- 2023-02-20📄change-person-secretary-company-with-change-dateofficers · CH03
- 2023-02-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-04-07📄change-person-director-company-with-change-dateofficers · CH01
- 2020-04-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2017-01-25➖DUNBAR, Ross Wallace resigneddirector
- 2012-02-14🏢Company incorporatedAs LG FITNESS LTD
- 2012-02-14➕ZIMMERMAN, Lynne Mary appointedsecretary
- 2012-02-14➕ZIMMERMAN, Lynne Mary appointeddirector
- 2012-02-14➕BRIAN REID LTD. appointedcorporate-secretary
- 2012-02-14➖BRIAN REID LTD. resignedcorporate-secretary
- 2012-02-14➕DUNBAR, Ross Wallace appointeddirector
- 2012-02-14➕MABBOTT, Stephen George appointeddirector
- 2012-02-14➖MABBOTT, Stephen George resigneddirector
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
49/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- 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
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Lynne Mary Zimmerman Individual · British · DOB 02/1989 · age 37 | 25–50% | — | 25-50% shares | 14/02/2017 |
1 historic (ceased) PSC
- Mr Ross Wallace Dunbarceased 01/01/2018· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Leisure & entertainment · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| JOHN CODONA'S PLEASURE FAIRS LIMITED→ SC022655 · est 1944 | £172.2k £133.9k–£210.4k | £7.30M | — | 20400 | 82y | 87 | 80y |
| BANKS O'DEE SPORTS CLUB LIMITED→ SC175110 · est 1997 · no financials extracted | — | — | — | — | 28y | 83 | 79y |
| CLATT AULD KIRK→ SC161856 · est 1995 · no financials extracted | — | — | — | — | 30y | 83 | 71y |
| DEESIDE GLIDING CLUB (ABERDEENSHIRE) LIMITED→ SC034867 · est 1960 | — | — | £755.2k | — | 66y | 83 | 77y |
| GLENSHEE LIMITED→ SC269348 · est 2004 | — | — | £625.3k | — | 21y | 83 | 71y |
| KEITH FOOTBALL CLUB LTD.→ SC271946 · est 2004 | — | — | — | 0 | 21y | 83 | 71y |
| PEACOCK VISUAL ARTS LIMITED→ SC056235 · est 1974 · no financials extracted | — | — | — | — | 51y | 83 | 80y |
| PETERHEAD FOOTBALL CLUB LIMITED→ SC146014 · est 1993 · no financials extracted | — | — | — | — | 32y | 83 | 78y |
| THE KEITH & DISTRICT SPORTS TRUST→ SC141101 · est 1992 · no financials extracted | — | — | — | — | 33y | 83 | 81y |
| ARDOYNE PERFORMANCE LIMITED→ SC308365 · est 2006 | — | — | — | 0 | 19y | 82 | 63y |
| SAR FUNCTIONAL FITNESS LIMITED→ SC840707 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| SKINNY PINK HIPPO LIMITED→ SC802223 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2012-02-14
Jurisdictionscotland
Primary SIC93130 — Fitness facilities
Registered office
Bank House
Seaforth Street
Fraserburgh
Aberdeenshire
AB43 9BB
Scotland
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-28
Last: 2026-02-14
Officers (3 active · 3 resigned)
ZIMMERMAN, Lynne Mary→
Activesecretary · appointed 2012-02-14
View their other companies + combined net worth →
GREIG, Grace Anne→
Activedirector · ~29y · appointed 2024-01-16
View their other companies + combined net worth →
ZIMMERMAN, Lynne Mary→
Activedirector · ~37y · appointed 2012-02-14
View their other companies + combined net worth →
BRIAN REID LTD.→
Resignedcorporate-secretary · appointed 2012-02-14 · resigned 2012-02-14
DUNBAR, Ross Wallace→
Resigneddirector · ~43y · appointed 2012-02-14 · resigned 2017-01-25
MABBOTT, Stephen George→
Resigneddirector · ~76y · appointed 2012-02-14 · resigned 2012-02-14
Click a director name to see their full track record across all companies.
Recent filings (56 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-27
change-person-secretary-company-with-change-date
officers · CH03
2025-04-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-24
change-person-director-company-with-change-date
officers · CH01
2025-04-24
change-person-director-company-with-change-date
officers · CH01
2025-04-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-04-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-14
change-person-director-company-with-change-date
officers · CH01
2025-02-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-19
appoint-person-director-company-with-name-date
officers · AP01
2024-01-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-22
change-person-director-company-with-change-date
officers · CH01
2023-02-20