CN FITNESS LTD

🌳Matureactive

SC497545 · ltd · incorporated 2015-02-11

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.

Why now

Window steady · low confidence

Steady and tidy — no seller pressure yet. Approach only if an angle opens.

Opportunity decay

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

What changed my view

Last 30 days

No material changes in the last 30 days.

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 Feb 2025

Net worth

£13.9k

book net assets

Opportunity

73/100

Strong

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What this business does

Primary activity: Physical well-being activities

Sector: Other service activities

Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 73/100 (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: Cash flow review and working-capital discipline. Cash down -34% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

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

Lenders & charges

Confirmed no charges registered

Directors & officers

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

Ownership & PSC

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

Director network

Network not yet resolved

Filing history

30 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

73/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £13,939

Net assets shrinking

Down £6,972 YoY

Cash YoY

-34%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£17k

↓ 34% YoY

Net Worth

£14k

↓ 33% YoY

Current Assets

£17k

↓ 33% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-02-28	2024-02-29
Total assets	£16.3k	£23.9k
Current assets	£17.0k	£25.5k
Cash	£16.7k	£25.2k
Debtors	£323	£322
Net assets	£13.9k	£20.9k

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

filings

• 2 address
• 1 officers

Last 90 days

filings

• 2 address
• 1 officers

Last 180 days

filings

• 2 officers
• 2 address
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (19 events)Click to expand

2026-07-09
📄
change-person-director-company-with-change-date
officers · CH01
2026-07-03
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-07-03
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-29
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-03-20
➕
GLOWACKA, Agnieszka Krystyna appointed
director
2025-09-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-11-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-02-12
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2018-02-12
📄
change-person-director-company-with-change-date
officers · CH01
2018-02-12
📄
change-person-director-company-with-change-date
officers · CH01
2018-02-12
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2015-02-11
🏢
Company incorporated
As CN FITNESS LTD
2015-02-11
➕
NICOL, Craig Hector appointed
director

Owner dependency

63/100

High — earn-out structure required

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

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

41/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 low

Multiple registered office changes

low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Craig Hector Nicol Individual · British · DOB 09/1991 · age 35	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	06/04/2016

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

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ACUMEN FINANCIAL PLANNING LIMITED→ SC215343 · est 2001	—	—	£1.05M	—	25y	83	74y
ANIRAC LIMITED→ SC280789 · est 2005	—	—	£1.67M	—	21y	83	85y
ASHLEY PROPERTIES ABERDEEN LIMITED→ SC315836 · est 2007 · no financials extracted	—	—	—	—	19y	83	78y
BUILDTALL LIMITED→ SC235986 · est 2002	—	—	£4.39M	—	23y	83	59y
DRUMMUIR & BOTRIPHNIE COMMUNITY TRUST→ SC273043 · est 2004 · no financials extracted	—	—	—	—	21y	83	67y
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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

Incorporated2015-02-11

Jurisdictionscotland

Primary SIC96040 — Physical well-being activities

Registered office

Cn Fitness Personal Training Spires Business Units

Mugmiemoss Road, Bucksburn

Aberdeen

AB21 9NY

Scotland

Filing status

Accounts

Next due: 2026-11-30

Last made up to: 2025-02-28

Confirmation statement

Next due: 2027-02-25

Last: 2026-02-11

Officers (2 active · 0 resigned)

GLOWACKA, Agnieszka Krystyna→

director · ~45y · appointed 2026-03-20

View their other companies + combined net worth →

Active

NICOL, Craig Hector→

director · ~35y · appointed 2015-02-11

View their other companies + combined net worth →

Active

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

Recent filings (30 total)

change-person-director-company-with-change-date

officers · CH01

2026-07-09

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2026-07-03

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2026-07-03

appoint-person-director-company-with-name-date

officers · AP01

2026-03-29