BOILER ROOM FITNESS LIMITED

💤Zombieactive
SC499394 · ltd · incorporated 2015-03-03
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
74/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Fitness facilities
Sector: Arts, entertainment & recreation
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Average employees200200

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-07-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-07-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-06-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-11-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-03-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2022-03-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2021-12-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-03-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-03-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2020-03-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2020-02-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2020-01-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2020-01-13
    HYNES, Tracy resigned
    director
  14. 2019-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2019-04-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2018-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2017-08-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2015-03-03
    🏢
    Company incorporated
    As BOILER ROOM FITNESS LIMITED
  19. 2015-03-03
    HYNES, Michael appointed
    director
  20. 2015-03-03
    HYNES, Tracy appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

50/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Michael Hynes
Individual · British · DOB 03/1969 · age 57
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
1 historic (ceased) PSC
  • Mrs Tracy Hynesceased 24/01/2020· 25-50% shares · 25-50% voting

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Leisure & entertainment · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BOOGIE BOX LIMITED
SC777644 · est 2023 · no financials extracted
2y
BP FITNESS COACHING LTD
SC813555 · est 2024 · no financials extracted
1y
BRAVE OUTDOORS SCOTLAND LTD
SC717130 · est 2021 · no financials extracted
4y
BRAVEHEART ARCHERY UK CIC
SC841284 · est 2025 · no financials extracted
1y
BREAK THE MOULD C.I.C.
SC727889 · est 2022 · no financials extracted
4y
BRILLIANT TRAVEL LIMITED
SC454590 · est 2013 · no financials extracted
12y
BURNSIDE TRAVEL LIMITED
SC446383 · est 2013 · no financials extracted
13y
CAMERON CARR COACHING LTD
SC841218 · est 2025 · no financials extracted
1y
CAMPSIE GLEN WOODLAND CIC
SC700605 · est 2021 · no financials extracted
4y
CANARY ARTS 2023 LTD
SC767741 · est 2023 · no financials extracted
2y
CANTILENA FESTIVAL ON ISLAY
SC230927 · est 2002 · no financials extracted
23y
CANVAS CAVE STUDIOS LTD
SC704668 · est 2021 · no financials extracted
4y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2015-03-03
Jurisdictionscotland
Primary SIC93130 — Fitness facilities

Registered office

C/O Consilium Chartered Accountants
169 West George Street
Glasgow
G2 2LB
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-17
Last: 2026-03-03

Officers (1 active · 1 resigned)

HYNES, Michael
director · ~57y · appointed 2015-03-03
View their other companies + combined net worth →
Active
HYNES, Tracy
director · ~60y · appointed 2015-03-03 · resigned 2020-01-13
Resigned

Click a director name to see their full track record across all companies.

Recent filings (29 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-10
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-03
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-07
change-person-director-company-with-change-date
officers · CH01
2022-03-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-03-07
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-21
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-11
confirmation-statement-with-updates
confirmation-statement · CS01
2020-03-06