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Company No. 12949685 · Incorporated 14 Oct 2020

United Fitness Brands Ltd.

Registered name: UNITED FITNESS BRANDS LTD.

United Fitness Brands Ltd. made £9.1m revenue and £7.7m profit in the year to 31 Dec 2022. read from filing text

United Fitness Brands Ltd.’s revenue grew 109% to £9.1m in the year to 31 Dec 2022, with £7.7m profit and 19 employees. The company is classified under “activities of head offices” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 70100Activities of head officesSIC 93130Fitness facilities
Status
Liquidation
Location
London, London
Age
6 yrs · since 2020
Type
Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Latest accounts · year to 31 Dec 2022

Key figures

IndependentCapital-lightYoung and profitable
Revenue
£9.1m
Growth ▲109.5%
Profit
£7.7m
Growth ▼24.2%
Profit margin
84%
Gross 64%
Employees
19
Change ▲850%
Profit / employee
£403k
Revenue/employee £480k
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202131 Dec 2022
DisclosureFull P&Lread from filing textFull P&Lread from filing text
Profit & loss
Revenue (turnover)£4.4m£9.1m
Cost of sales£1.2m£3.3m
Gross profit£3.1m£5.8m
Operating profit−£9.3m−£7.4m
Profit before tax−£9.5m−£7.7m
Profit after tax£10.1m£7.7m
Profit (best available)£10.1m£7.7m
Staff costs£511k£1.1m
Employees (average)219
Ratios
Profit margin232%84%
Gross margin72.3%64%
Revenue per employee£2.2m£480k
Profit per employee£5.1m£403k
Growth (year on year)
Revenue growth—▲109.5%
Profit growth—▼24.2%
Headcount growth—▲850%
Balance sheet — indirect signals, not revenue
Cash at bank£265k£1.7m
Net assets£478k−£1.9m
Fixed assets£1.6m£121k
Current assets£303k£5.7m
Debtors£0£10.1k
Deferred income£0£0
SourceFullAccounts · bulk data Apr 2024FullAccounts · bulk data Apr 2024
Derived from the latest filing

How the business works

Profit margin
84%
Profit ÷ revenue.
Gross margin
64%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£480k
Revenue ÷ average employees.
Profit per employee
£403k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
1.3%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
0%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0.1%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

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
▼500%
Now −£1.9m
Cash at bank
▲555%
Now £1.7m
Headcount
▲850%
Now 19
Deferred income
—
Now £0
Fixed assets
▼92%
Now £121k
Corporate ownership

Group structure

Subsidiaries (6)

Minority corporate shareholders

From the Persons with Significant Control register (corporate controllers only).

Sources

Latest figures from FullAccounts for the year to 31 Dec 2022 (profit £7.7m), from the Companies House accounts bulk data published Apr 2024. 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.