EPIC GYMS LIMITED

Executive Summary

Epic Gyms Limited is a newly formed dormant entity with minimal financial activity and current compliance with statutory requirements. While the low cash balance and lack of trading history limit assessment of operational sustainability, there are no immediate solvency or regulatory concerns. Further information on planned business operations and funding is necessary to evaluate future risk.

EPIC GYMS LIMITED - Analysis Report

Company Number: 14593918

Analysis Date: 2025-07-29 14:34 UTC

1. Risk Rating: LOW
   Epic Gyms Limited is a newly incorporated private limited company classified as dormant with minimal financial activity and a clean filing record. There is no evidence of financial distress or compliance issues at this early stage.

2. Key Concerns:

• Limited financial history: As a dormant company with only initial share capital and cash, there is no trading or revenue data to assess operational viability.
• Low cash reserves: The company holds only £1,000 in cash, reflecting the initial share capital but no working capital for operations.
• Business sustainability unknown: Fitness facilities typically require significant upfront investment and ongoing operational costs; the absence of financial activity means the company’s ability to sustain operations is untested.

3. Positive Indicators:

• Current compliance: All statutory filings, including accounts and confirmation statements, are up to date and not overdue.
• Clear ownership and control: The two directors, who are also the persons with significant control, have well-documented roles and no records of disqualification or misconduct.
• Dormant status: Indicates no liabilities or financial obligations incurred so far, minimizing immediate solvency risk.

4. Due Diligence Notes:

• Investigate business plan and funding sources to understand capital injections and operational plans post-dormancy.
• Monitor forthcoming accounts for trading activity and financial performance indicators.
• Verify no contingent liabilities or off-balance-sheet obligations exist that could impact future solvency.