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.