TBH NUMBER 4 LIMITED

Executive Summary

TBH NUMBER 4 LIMITED operates as a micro-entity in the competitive UK fitness facilities sector, showing financial indicators typical of a startup or early-stage business with limited operational scale. Its negative net assets and absence of employees suggest financial and operational challenges relative to industry norms, where positive working capital and staffing are critical. Market trends favor diversified and digitally integrated fitness offerings, but the company’s current positioning indicates niche or preparatory status rather than a strong competitive stance within the sector.

TBH NUMBER 4 LIMITED - Analysis Report

Company Number: 14097290

Analysis Date: 2025-07-19 12:22 UTC

1. Industry Classification
   TBH NUMBER 4 LIMITED operates in the "Fitness facilities" sector, classified under SIC code 93130. This sector primarily comprises businesses providing access to fitness and exercise facilities such as gyms, health clubs, and specialized fitness studios. Key characteristics include a high reliance on membership or pay-per-use revenue models, significant competition from both large chain operators and smaller niche studios, and sensitivity to consumer health trends and discretionary spending.

2. Relative Performance
   As a micro-entity, TBH NUMBER 4 LIMITED’s financial data shows minimal current assets (£208 in 2023) and significant current liabilities (£4,411), resulting in negative net current assets (-£4,203) and net liabilities overall. This contrasts with typical fitness facilities, which generally maintain positive working capital to manage operational costs such as rent, equipment maintenance, and staffing. The company reported no employees on average for the period, which is unusual for an active fitness facility that usually requires trainers, administrative staff, or support personnel. The financial scale and asset base are substantially below the average for even small fitness businesses, which often report turnover in the hundreds of thousands to millions of pounds and maintain larger asset and liability bases. Given the company’s micro-entity classification and recent incorporation (2022), it is likely still in a startup or pre-operational phase, or possibly facing operational difficulties.

3. Sector Trends Impact
   The fitness facilities industry in the UK has experienced significant shifts, especially post-pandemic, with increased consumer preference for hybrid models combining in-person and digital fitness offerings. The sector is also affected by rising operational costs, including rent and utilities, and growing competition from budget gyms and boutique studios. Consumer demand fluctuates based on economic conditions and health trends, with increased awareness of wellness driving growth but also intensifying competition. TBH NUMBER 4 LIMITED’s limited financial resources and lack of employees may restrict its ability to capitalize on these trends, particularly the investment needed for digital integration or enhanced customer service experiences. Additionally, the company’s recent name changes, including from KENSINGTON BOXING CLUB LIMITED, suggest possible strategic repositioning in response to market conditions.

4. Competitive Positioning
   TBH NUMBER 4 LIMITED appears to be a niche or early-stage player rather than an established competitor in the fitness facilities market. Its micro-entity status, minimal asset base, and lack of staff contrast with the sector’s typical operators, which often have substantial investments in facilities and personnel. The strong control held by a single director/owner, Ms. Irene Klempner, suggests a tightly managed small business, possibly focused on a specific sub-segment (e.g., boxing or specialized fitness classes). However, the negative net assets and current liabilities exceeding current assets indicate financial strain or initial setup costs yet to be amortized. This weak financial position may limit competitive agility and ability to scale, especially compared to larger chains or well-funded boutique operators that benefit from economies of scale and diversified revenue streams.