UP FITNESS LIMITED

1. UP FITNESS LIMITED 2008-03-05 → present
2. TRAINING AND LEARNING CENTRE LTD 2007-06-14 → 2008-03-05

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have considered the appropriateness of adopting the going concern basis in preparing these financial statements. In forming their assessment, the directors have reviewed detailed forecasts to October 2026 which demonstrate continued compliance with the Group's debt covenants for at least 12 months from the date of approval of these financial statements. Sensitivity analysis has also been applied, which in certain scenarios indicate potential covenant breaches. In response, the directors have identified and committed to mitigating actions that would prevent such breaches. In addition, the Group has obtained a formal letter of support from the Group's majority shareholder, Inflexion, confirming that it will continue to provide financial support to the Group for a period of at least 12 months from the date of these financial statements are signed. Taking these factors into account, the directors are satisfied that it is appropriate to prepare the financial statements on a going concern basis.”

Group structure

1. UP FITNESS LIMITED · parent
   1. UP Fitness Holdings Inc 100% · United States of America · Holding Company
   2. UP Fitness Inc 100% · United States of America · Fitness centres and gymnasiums
   3. UP Fitness CA LLC 100% · United States of America · Fitness centres and gymnasiums
   4. UP Fitness DC LLC 100% · United States of America · Fitness centres and gymnasiums
   5. UP Fitness MD LLC 100% · United States of America · Fitness centres and gymnasiums
   6. UP Fitness Education LLC 100% · United States of America · Fitness centres and gymnasiums

Significant events

• “Post Balance Sheet Events: There have been no significant events since the balance sheet date.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +13.7%

  £18,228,706 → £20,720,704

• Cash

  -42.9%

  £1,287,231 → £735,493

• Net assets

  +31.1%

  £3,787,564 → £4,967,215

• Employees

  +25.6%

  160 → 201

• Operating profit

  -81.2%

  £1,767,739 → £331,855

• Profit before tax

  -65.8%

  £1,770,612 → £604,773

• Wages

  +46.5%

  £8,295,586 → £12,151,127

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers