GYM BIDCO LIMITED

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 101

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Company or to cease its operations, and as they have concluded that the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").”

Group structure

1. GYM BIDCO LIMITED · parent
   1. Pure Gym Limited 100% · UK · Provision of physical fitness facilities
   2. Pinnacle Europe Holdings Limited 100% · UK · Intermediate holding company
   3. Ovalhouse Limited 100% · UK · Property holding subsidiary
   4. Pure Gym (Dudley) Limited 100% · UK · Dormant
   5. Tolmers Newco 1 Limited 100% · UK · Dormant
   6. Tolmers Newco 2 Limited 100% · UK · Dormant
   7. LA Fitness Limited 100% · UK · Dormant
   8. LA Leisure Limited 100% · UK · Property holding subsidiary
   9. LA Westminster Limited 100% · UK · Dormant
   10. CS Leisure Limited 100% · UK · Dormant
   11. Pinnacle US Holdings LLC 100% · USA · Intermediate holding company
   12. PureFitness LLC 100% · USA · Provision of physical fitness facilities
   13. PureFitness Franchising LLC 100% · USA · Franchisor for physical fitness facilities
   14. Forward TopCo A/S 100% · Denmark · Intermediate holding company
   15. Pure Gym Denmark Holding A/S 100% · Denmark · Intermediate holding company
   16. Pure Gym Denmark A/S 100% · Denmark · Provision of physical fitness facilities
   17. Functional Supply A/S 100% · Denmark · Development and resale of sports nutrition products
   18. Fitness Institute ApS 100% · Denmark · Provision of training and development services
   19. PureGym AG 100% · Switzerland · Provision of physical fitness facilities

Significant events

• “The company is an investment and financing vehicle only. It has not traded in the year and is not expected to trade in the foreseeable future.”
• “On 29 November 2024, the Company subscribed into 1 ordinary share of £1 in the capital of Pure Gym Limited, the Company's direct subsidiary, for an aggregate subscription price of £93,739,000.”
• “In the year ended 31 December 2023, the Company waived an interest free loan owing from Pure Gym Limited and, in doing so, recognised a capital contribution into Pure Gym Limited of £91,464,000.”

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

Filings

3

last 12 months

Capital events

2

last 24 months

Officers appointed

0

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

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  +32.4%

  £213,302,000 → £282,396,000

• Employees

  —

  Not reported

• Profit before tax

  -8.3%

  -£24,544,000 → -£26,581,000

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