ELITE FITNESS FACTORY LTD Financials
- Company number
- 09647072CopyCopy
- Registered office
- Unit 5 Pioneer Industrial Estate, Ormskirk Road, Wigan WN5 9DN
- Incorporated
- 18/06/2015
Company snapshot
- Status
- Active
- Employees
- 6 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
46.07%vs 20232023: £-97.37K
Total Assets
-6.18%vs 20232023: £541.13K
Cash in Bank
180.39%vs 20232023: £4.84K
Total Liabilities
-12.26%vs 20232023: £638.49K
Employees
+1vs 20232023: 5
In 2024, ELITE FITNESS FACTORY LTD reported net assets of £-52.51K. The same filing shows total assets of £507.71K, cash in bank of £13.57K and total liabilities of £560.21K. Reported headcount was 6 in 2024. Total Liabilities fell from £638.49K in 2023 to £560.21K in 2024 (-12.26%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
46.07%from £-97.37K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures ELITE FITNESS FACTORY LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-245%vs 2022Employees
+20%vs 2022+1Biggest increase
Employees+20%
5 in 2022 to 6 in 2024
Biggest decrease
Net Assets-245%
£36.23K in 2022 to £-52.51K in 2024
ELITE FITNESS FACTORY LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from ELITE FITNESS FACTORY LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- -10.34%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 110.34%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 2.42%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 2.67%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for ELITE FITNESS FACTORY LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 45.66K | 36.23K | -97.37K | -52.51K |
| Total Assets£ | – | – | 541.13K | 507.71K |
| Cash in Bank£ | – | – | 4.84K | 13.57K |
| Total Liabilities£ | – | – | 638.49K | 560.21K |
| Employees | 5 | 5 | 5 | 6 |
ELITE FITNESS FACTORY LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for ELITE FITNESS FACTORY LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
ELITE FITNESS FACTORY LTD reported net assets of £-52.51K for 2024. That compares with £-97.37K in 2023, a change of 46.07%.
ELITE FITNESS FACTORY LTD reported total assets of £507.71K for 2024. That compares with £541.13K in 2023, a change of -6.18%.
ELITE FITNESS FACTORY LTD reported cash in bank of £13.57K for 2024. That compares with £4.84K in 2023, a change of 180.39%.
ELITE FITNESS FACTORY LTD reported 6 employees in 2024, compared with 5 in 2023.
Between 2022 and 2024, ELITE FITNESS FACTORY LTD's net assets fell by 245% and employee numbers rose by 20%. Reported headcount went from 5 in 2022 to 6 in 2024 (+1). The largest gain over the period was employee numbers, up 20% from 5 to 6.
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.