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Next accounts due

2026-05-31 (this month)

Last filed for 2024-05-31

Confirmation statement due

2026-12-13 (in 7mo)

Last made up 2025-11-29

Watchouts

None on the register

Cash

£2M

+7.4% vs 2023

Net assets

£9M

+10.3% vs 2023

Employees

36

0% vs 2023

Profit before tax

£709K

-82.2% vs 2023

Accounts

7-year trend · latest reflected 2024-05-31

Metric Trend 2018-05-312019-05-312020-05-312021-05-312022-05-312023-05-312024-05-31
Turnover £20,938,349£20,735,893
Operating profit £3,990,895£708,894
Profit before tax £3,990,895£708,894
Net profit £4,234,921£816,724
Cash £2,179,383£2,340,054
Total assets less current liabilities £7,967,138£8,783,862
Net assets £7,967,138£8,783,862
Equity £12,420,940£13,474,756£13,835,330£14,228,577£3,732,217£7,967,138£8,783,862
Average employees 3636
Wages £1,492,776£1,739,966
Directors' remuneration £273,544£333,647

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. About these numbers

Year-on-year

FY2023 → FY2024 · period ending 2024-05-31 vs 2023-05-31

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2018-05-312019-05-312020-05-312021-05-312022-05-312023-05-312024-05-31
Operating margin 19.1%3.4%
Net margin 20.2%3.9%
Return on capital employed 50.1%8.1%
Gearing (liabilities / total assets) 56.3%34.4%
Current ratio 1.77x2.90x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Name history

Renamed 3 times since incorporation

  1. IFIT HEALTH & FITNESS LIMITED 2021-09-20 → present
  2. ICON HEALTH AND FITNESS LIMITED 1998-09-07 → 2021-09-20
  3. ICON FITNESS LIFESTYLE LIMITED 1995-01-13 → 1998-09-07
  4. READCO 101 LIMITED 1994-11-29 → 1995-01-13

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
S&W Partners Audit Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment. Based on these assessments, given the measures that could be undertaken to mitigate the current conditions, and the current resources available, the Directors have concluded that they can continue to adopt the going concern basis in preparing the annual report and accounts. Based on the above, the Directors are satisfied that there is no material uncertainty in respect of going concern.”

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

4 active · 15 resigned

Name Role Appointed Born Nationality
OAKWOOD CORPORATE SECRETARY LIMITED Corporate Secretary 2013-09-03
KHAN, Faizan Ul Haq Director 2025-02-05 Sep 1986 Pakistani
RAMSEY, Dylan Scott Director 2024-01-02 Apr 1977 American
WILSON, Andrew Lockhart Director 2025-04-02 May 1980 American
Show 15 resigned officers
Name Role Appointed Resigned
JACKSON, Guy Collingwood Secretary 1994-11-29 1994-12-22
TRAF SHELF (NOMINEES) LIMITED Corporate Secretary 1994-12-22 2013-09-03
BEARNSON, Brad Director 1995-11-10 2006-06-29
BECK, Fred Director 1994-12-22 2013-03-26
BROWN, Hugh Taylor Mark Director 1999-03-04 2002-05-24
EVANS, David Philip Director 1994-12-22 1999-03-04
GERARD, Dale Director 2023-12-13 2024-10-24
GREEN, Jeremy Mark Director 1994-11-29 1994-12-22
GROUT, Renaud Director 2010-02-01 2024-03-11
JACKSON, Guy Collingwood Director 1994-11-29 1994-12-22
LATO, Giovanni Director 1999-03-04 2002-05-24
MCHALE, John Director 2024-01-02 2024-01-24
RICHARD, Mark Director 2002-05-24 2010-01-31
SMITH, Everett Director 2006-06-29 2023-12-13
WEBB, Somer Director 2025-06-02 2025-11-28

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Ifit Health & Fitness (Holdings) Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 152 total filings

Date Type Category Description
2025-12-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-12-11 TM01 officers Termination director company with name termination date PDF
2025-11-04 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-06-13 AP01 officers Appoint person director company with name date PDF
2025-05-30 AA accounts Accounts with accounts type full PDF
2025-05-14 MR04 mortgage Mortgage satisfy charge full PDF
2025-05-14 MR04 mortgage Mortgage satisfy charge full PDF
2025-05-14 MR04 mortgage Mortgage satisfy charge full PDF
2025-05-14 MR04 mortgage Mortgage satisfy charge full PDF
2025-05-14 MR04 mortgage Mortgage satisfy charge full PDF
2025-05-14 MR04 mortgage Mortgage satisfy charge full PDF
2025-05-14 MR04 mortgage Mortgage satisfy charge full PDF
2025-04-08 AP01 officers Appoint person director company with name date PDF
2025-02-11 AP01 officers Appoint person director company with name date PDF
2024-12-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-12-13 TM01 officers Termination director company with name termination date PDF
2024-07-16 AA accounts Accounts with accounts type full PDF
2024-04-12 TM01 officers Termination director company with name termination date PDF
2024-02-16 TM01 officers Termination director company with name termination date PDF
2024-01-25 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
12

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page