MUSCLE HUT FALKIRK LTD
🏛️Establishedactive
SC657111 · ltd · incorporated 2020-03-11
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
—
year to Mar 2025
Net worth
£205.5k
book net assets
Opportunity
71/100
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 71/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
5 officers (3 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
35 filings on record
85
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
65
Adequate — check latest filings for context.
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 £205,458
Cash YoY
+1351%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£51k
↑ 1351% YoY
Net Worth
£205k
↑ 21% YoY
Current Assets
£165k
↑ 1555% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £205.5k | £170.1k |
| Current assets | £164.8k | £10.0k |
| Cash | £50.8k | £3.5k |
| Debtors | £94.7k | £4.1k |
| Net assets | £205.5k | £170.1k |
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
1
filing
- • 1 confirmation-statement
Last 180 days
4
filings
- • 2 officers
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
- 2025-12-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-11-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-11-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-11-01➕GEORGE, Keegan Barrie William Waugh appointeddirector
- 2025-11-01➕THOMAS, Mathew Glyn appointeddirector
- 2025-03-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-03-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-03-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-01-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-01-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-01-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-01-17📄change-person-director-company-with-change-dateofficers · CH01
- 2025-01-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-01-13📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-01-11➖RUSSELL, Mathew Glyn Thomas resigneddirector
- 2025-01-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-12-30📄change-person-director-company-with-change-dateofficers · CH01
- 2024-12-30📄change-person-director-company-with-change-dateofficers · CH01
- 2024-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-03-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-03-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-03-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-08-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-05-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-02-23➕RUSSELL, Mathew Glyn Thomas appointeddirector
- 2020-12-01➖SMITH, Danielle Mary-Dow Brooksby resigneddirector
- 2020-03-11🏢Company incorporatedAs MUSCLE HUT FALKIRK LTD
- 2020-03-11➕GEORGE, Jamie Richard John Waugh appointeddirector
- 2020-03-11➕SMITH, Danielle Mary-Dow Brooksby appointeddirector
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Musclehut Topco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Musclehut Topco Limited
Corporate parent · holds 75-100% shares · board control
⬇
MUSCLE HUT FALKIRK LTD
This company · SC657111
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Musclehut Topco Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 15/07/2024 |
3 historic (ceased) PSCs
- Mr Mathew Glyn Thomas Russellceased 08/01/2025· 25-50% shares · 25-50% voting · board control
- Mr Keegan Barrie William Waugh Georgeceased 15/07/2024· 25-50% shares · 25-50% voting · board control
- Mr Jamie Richard John Waugh Georgeceased 15/07/2024· 50-75% shares · 50-75% voting · board control
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 →Similar companies
Active · Leisure & entertainment · FK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| M&K TOUR TRAVEL LTD→ SC877737 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| NECESSARY EVIL MARTIAL ARTS LTD→ SC873273 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| OCHIL YOUTHS COMMUNITY IMPROVEMENT→ SC569454 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| PRO PERFORMANCE SCHOLARSHIPS LIMITED→ SC871755 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| REACHOUT WITH ARTS IN MIND→ SC373771 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| RED RABBIT MEDIA LTD→ SC722333 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| RENDALLS COMPETITIONS LTD→ SC703083 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| SISTEMA SCOTLAND (TRADING) LIMITED→ SC405858 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| SK26 SPORTS LIMITED→ SC771287 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| STEEPLE FITNESS LIMITED→ SC707995 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| STIRLING ALBION FOOTBALL AND ATHLETIC CLUB LIMITED→ SC024021 · est 1946 · no financials extracted | — | — | — | — | 80y | — | — |
| STIRLING COUNTY (BRIDGEHAUGH) LIMITED→ SC185272 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
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
Incorporated2020-03-11
Jurisdictionscotland
Primary SIC93130 — Fitness facilities
Registered office
Muscle Hut Falkirk The Hedges
Camelon
Falkirk
FK1 4DZ
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-09
Last: 2026-02-23
Officers (3 active · 2 resigned)
GEORGE, Jamie Richard John Waugh→
Activedirector · ~35y · appointed 2020-03-11
View their other companies + combined net worth →
GEORGE, Keegan Barrie William Waugh→
Activedirector · ~22y · appointed 2025-11-01
View their other companies + combined net worth →
THOMAS, Mathew Glyn→
Activedirector · ~32y · appointed 2025-11-01
View their other companies + combined net worth →
RUSSELL, Mathew Glyn Thomas→
Resigneddirector · ~32y · appointed 2023-02-23 · resigned 2025-01-11
SMITH, Danielle Mary-Dow Brooksby→
Resigneddirector · ~30y · appointed 2020-03-11 · resigned 2020-12-01
Click a director name to see their full track record across all companies.
Recent filings (35 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-08
appoint-person-director-company-with-name-date
officers · AP01
2025-11-19
appoint-person-director-company-with-name-date
officers · AP01
2025-11-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-03-14
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-03-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-03-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-01-24
termination-director-company-with-name-termination-date
officers · TM01
2025-01-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-01-17
change-person-director-company-with-change-date
officers · CH01
2025-01-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-01-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-01-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-01-11