BANNATYNE FITNESS (2) LIMITED

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

• Turnover

  +5.1%

  £5,074,207 → £5,332,050

• Cash

  +80.7%

  £75,530 → £136,503

• Net assets

  +19%

  £4,533,551 → £5,394,015

• Employees

  +8.9%

  79 → 86

• Operating profit

  +272.4%

  £422,778 → £1,574,439

• Profit before tax

  +3,398.2%

  £34,264 → £1,198,629

• Wages

  +11.7%

  £1,420,069 → £1,586,895

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Armstrong Watson Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In assessing the going concern position of the company for the year ended 31 December 2025, the directors have considered the availability of funding alongside the possible cash requirements of the company. At 31 December 2025, the company had cash balances of £136,503 (2024: £75,530) and bank loans totalling £4,121,242 (2024: £4,190,902). In March 2026, the parent group completed a full bank refinancing with its principal lender, NatWest. This new facility totalled £45.0m. The facility secures funding for the Group for a period of 5 years, at a fixed rate margin of 2.15% above SONIA. The Group is forecasted to be in compliance with all its banking covenants on this facility for at least the next 12 months. Considering net liabilities as at 31 December 2025 of £7,562,097 (2024: net current assets of £216,520), based on the company's forecasts, the directors have adopted the going concern basis in preparing these financial statements.”

Group structure

1. BANNATYNE FITNESS (2) LIMITED · parent
   1. Crocodile Leisure Limited 100% · England · Gym and spa operation
   2. Cookridge Hall Health & Fitness Limited 100% · Dormant

Significant events

• “On 22 December 2025, the company acquired a 100% interest in Crocodile Leisure Limited, a company registered in England, for a consideration of £4.378m.”
• “In March 2026, the parent group completed a full bank refinancing with its principal lender, NatWest. This new facility totalled £45.0m.”

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

Filings

7

last 12 months

Capital events

2

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.