PRECOR FITNESS LIMITED Financials
- Company number
- 12409708CopyCopy
- Registered office
- 1 Langley Street, London WC2H 9JG
- Incorporated
- 17/01/2020
Company snapshot
- Status
- Active
- Employees
- 36 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-31.09%vs 20232023: £-34.35M
Total Assets
64.52%vs 20232023: £18.45M
Cash in Bank
-53.93%vs 20232023: £300.64K
Total Liabilities
42.73%vs 20232023: £52.80M
Employees
-7vs 20232023: 43
In 2024, PRECOR FITNESS LIMITED reported net assets of £-45.02M. The same filing shows total assets of £30.36M, cash in bank of £138.52K and total liabilities of £75.36M. Reported headcount was 36 in 2024. Total Liabilities rose from £52.80M in 2023 to £75.36M in 2024 (42.73%). 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
-31.09%from £-34.35M 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 PRECOR FITNESS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2022Cash in Bank
-95.6%vs 2022-79.1% a year compound (CAGR)
Total Assets
+56.7%vs 2022+25.2% a year compound (CAGR)
Total Liabilities
+97.1%vs 2022+40.4% a year compound (CAGR)
Employees
-25%vs 2022-12Biggest increase
Total Liabilities+97.1%
£38.23M in 2022 to £75.36M in 2024
Biggest decrease
Cash in Bank-95.6%
£3.16M in 2022 to £138.52K in 2024
PRECOR FITNESS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PRECOR FITNESS LIMITED'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
- -148.32%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
- 248.24%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
- 0.18%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
- 0.46%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 PRECOR FITNESS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -4.30M | -18.86M | -34.35M | -45.02M |
| Total Assets£ | 18.07M | 19.37M | 18.45M | 30.36M |
| Cash in Bank£ | 6.32M | 3.16M | 300.64K | 138.52K |
| Total Liabilities£ | 22.34M | 38.23M | 52.80M | 75.36M |
| Employees | 45 | 48 | 43 | 36 |
PRECOR FITNESS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PRECOR FITNESS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
PRECOR FITNESS LIMITED reported net assets of £-45.02M for 2024. That compares with £-34.35M in 2023, a change of -31.09%.
PRECOR FITNESS LIMITED reported total assets of £30.36M for 2024. That compares with £18.45M in 2023, a change of 64.52%.
PRECOR FITNESS LIMITED reported cash in bank of £138.52K for 2024. That compares with £300.64K in 2023, a change of -53.93%.
PRECOR FITNESS LIMITED reported 36 employees in 2024, compared with 43 in 2023.
Between 2022 and 2024, PRECOR FITNESS LIMITED's cash in bank fell by 95.6%, total assets rose by 56.7%, total liabilities rose by 97.1% and employee numbers fell by 25%. Cash in bank contracted at 79.1% a year across the two years to 2024, from £3.16M to £138.52K. Reported headcount went from 48 in 2022 to 36 in 2024 (-12).
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.