THE GYM KING LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-14 (in 6mo)
Last made up 2025-10-31
Watchouts
Cash
£3M
-31.9% lowest in 5 filed years
Net assets
£6M
+33.1% highest in 5 filed years
Employees
55
+14.6% vs 2023
Profit before tax
£2M
+126.1% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-06-30 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | £26,152,094 | — | — | £17,556,035 | £21,648,890 | |
| Operating profit | — | £4,045,230 | — | — | £893,606 | £1,994,415 | |
| Profit before tax | — | £4,040,191 | £1,381,297 | £449,317 | £882,004 | £1,994,415 | |
| Net profit | — | £3,261,365 | — | £398,901 | £649,885 | £1,512,217 | |
| Cash | — | £5,335,865 | £4,718,378 | £5,220,110 | £4,207,646 | £2,865,808 | |
| Total assets less current liabilities | — | £3,530,283 | £4,525,199 | £3,924,100 | £4,573,985 | £6,086,202 | |
| Net assets | — | £3,493,867 | — | — | £4,573,985 | £6,086,202 | |
| Equity | £4,232,502 | £3,493,867 | £4,525,199 | £3,924,100 | £4,573,985 | £6,086,202 | |
| Average employees | — | 43 | 55 | 58 | 48 | 55 | |
| Wages | — | £1,882,573 | £1,914,071 | £2,096,305 | £1,795,164 | £2,346,946 | |
| Directors' remuneration | — | £21,700 | £108,756 | £164,167 | £199,500 | £190,000 |
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 2024-12-31 vs 2023-12-31
-
Turnover
+23.3%
£17,556,035 £21,648,890
-
Cash
-31.9%
£4,207,646 £2,865,808
lowest in 5 filed years
-
Net assets
+33.1%
£4,573,985 £6,086,202
highest in 3 filed years
-
Employees
+14.6%
48 55
-
Operating profit
+123.2%
£893,606 £1,994,415
-
Profit before tax
+126.1%
£882,004 £1,994,415
-
Wages
+30.7%
£1,795,164 £2,346,946
highest in 5 filed years
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 | 2019-06-30 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | 15.5% | — | — | 5.1% | 9.2% | |
| Net margin | — | 12.5% | — | — | 3.7% | 7.0% | |
| Return on capital employed | — | 114.6% | — | — | 19.5% | 32.8% | |
| Current ratio | — | — | — | — | 2.05x | 2.02x | |
| Interest cover | — | 802.78x | — | — | 77.02x | — |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Buckle Barton Ltd
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “Trade debtors increased from £283,138 to £596,939 due to the timing of sales made to large wholesale partners, debtor days increased from 6 days to 10 days.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PARKER, James Ian | Director | 2015-03-09 | Jun 1990 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BENNISON, Matthew Edward | Director | 2021-05-07 | 2021-12-31 |
| COWGILL, Peter Alan | Director | 2021-05-07 | 2023-03-22 |
| GARNETT, Carl Richard | Director | 2015-03-09 | 2017-05-02 |
| GREENHALGH, Neil James | Director | 2021-05-07 | 2024-01-30 |
| HARRISON, Simon Paul | Director | 2022-11-23 | 2026-03-15 |
| PLATT, Dominic James | Director | 2024-01-30 | 2024-06-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr James Ian Parker | Individual | Significant influence | 2024-06-28 | Ceased 2024-12-20 |
| The Gym King (Holdings) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-03-28 | Active |
| Mr James Ian Parker | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2018-03-28 |
Filing timeline
Last 20 of 51 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-16 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-08 | AA | accounts | Accounts with accounts type full | |
| 2024-12-20 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-11-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-13 | AA | accounts | Accounts with accounts type full | |
| 2024-07-11 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-07-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-30 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-30 | TM01 | officers | Termination director company with name termination date | |
| 2023-11-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-30 | AA | accounts | Accounts with accounts type full | |
| 2023-03-27 | TM01 | officers | Termination director company with name termination date | |
| 2022-11-23 | AP01 | officers | Appoint person director company with name date | |
| 2022-11-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-29 | AA | accounts | Accounts with accounts type full | |
| 2022-01-20 | TM01 | officers | Termination director company with name termination date | |
| 2021-11-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-29 | AA | accounts | Accounts with accounts type full | |
| 2021-09-24 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.