Onegym Ltd
Registered name: ONEGYM LTD
Onegym Ltd made £7.3m revenue and £1.3m profit in the year to 31 Mar 2025.
Onegym Ltd’s revenue grew 33% to £7.3m in the year to 31 Mar 2025, with £1.3m profit and 84 employees. The company is classified under “fitness facilities” and is based in Newton Aycliffe; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Newton Aycliffe, North East
- Age
- 15 yrs · since 2011
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £5.5m | £7.3m |
| Cost of sales | — | — | £1.1m | £1.4m |
| Gross profit | — | — | £4.4m | £5.9m |
| Operating profit | — | — | £1.9m | £2.2m |
| Profit before tax | — | — | £1.4m | £1.6m |
| Profit after tax | — | — | £1.7m | £1.3m |
| Profit (best available) | — | — | £1.7m | £1.3m |
| Staff costs | — | — | £1.2m | £1.6m |
| Employees (average) | 42 | 48 | 64 | 84 |
| Ratios | ||||
| Profit margin | — | — | 30.3% | 18.4% |
| Gross margin | — | — | 80.2% | 80.6% |
| Revenue per employee | — | — | £86k | £87.2k |
| Profit per employee | — | — | £26.1k | £16k |
| Cash conversion | — | — | −148.2% | −144.1% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲32.9% |
| Profit growth | — | — | — | ▼19.4% |
| Headcount growth | — | ▲14.3% | ▲33.3% | ▲31.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £98.5k | £917k | £937k | £1.5m |
| Net assets | £1.2m | £1.2m | £3.1m | £3.6m |
| Fixed assets | £2.5m | £4.8m | £7m | £8.2m |
| Current assets | £579k | £1.2m | £1.4m | £2.1m |
| Debtors | £0 | £20k | £0 | £24.8k |
| Deferred income | £10.7k | £113k | £393k | £629k |
| Cash from operations | — | — | −£2.8m | −£3.1m |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Nov 2024 | FullAccounts · bulk data Aug 2025 |
How the business works
- Profit margin
- 18.4%
- Profit ÷ revenue.
- Gross margin
- 80.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £87.2k
- Revenue ÷ average employees.
- Profit per employee
- £16k
- Profit ÷ average employees.
- Cash conversion
- −144.1%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 111.8%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 8.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.3%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲18%
- Now £3.6m
- Cash at bank
- ▲61%
- Now £1.5m
- Headcount
- ▲31%
- Now 84
- Deferred income
- ▲60%
- Now £629k
- Fixed assets
- ▲17%
- Now £8.2m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Minority corporate shareholders
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Lifestyle Fitness Group LimitedDarlington · Fitness facilities
- Revenue
- £7.2m
- Profit
- £153k
- Staff
- 157
- Third Space (Mayfair) LimitedLondon · Fitness facilities
- Revenue
- £6.8m
- Profit
- £1.8m
- Staff
- 38
- Stock Brook Manor (Golf Club) LimitedBasildon · Fitness facilities
- Revenue
- £6.7m
- Profit
- £331k
- Staff
- 181
- Champneys Forest Mere LimitedLondon · Fitness facilities
- Revenue
- £10m
- Profit
- £1.2m
- Staff
- 150
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £1.3m), from the Companies House accounts bulk data published Aug 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.