GRIP-UK LTD
Company number 07248432 · Monitor this company
Executive summary
GRIP-UK Ltd (The Climbing Hangar) presents a mixed financial picture: exceptional gross margins and impressive revenue growth to £10.4M demonstrate a fundamentally attractive business model, but accelerating operating losses of £2.69M and decelerating revenue growth (just 4.3% in FY2025) raise serious questions about the path to profitability. The Verlinvest investment has provided a critical capital cushion that strengthens the balance sheet and extends runway, but this is treatment for symptoms rather than a cure – the underlying condition of persistent cash burn remains. The business must urgently demonstrate operating leverage and a credible route to breakeven before investor patience and financial resources are exhausted.
Shareholders' funds
£19,648,962
Balance sheet as at 2025-09-30
What it does
Grip-UK Ltd ("the Company") is a private limited company, incorporated in the United Kingdom and registered in England and Wales. The Company is limited by shares, registered number 07248432. The address of the registered office and principal place of business is Unit 202, 39 Fleet Street, Liverpool, L1 4AR. The principal activity of the Company is the operation of sports facilities.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2010-05-10
- Employees
- 217 (2025 accounts · was 212 in 2024)
- Registered office
- Unit 202 39 Fleet Street, Liverpool, England, L1 4AR
- Postcode
- L1 4AR
- Capital
- 237 GBP
- Accounts category
- Full
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2025-09-30
- Next due by
- 2027-06-30
- Financial year end
- 30 September
Confirmation statement
- Last statement dated
- 2025-10-02
- Next due by
- 2026-10-16
Nature of business (SIC)
- 93110 Operation of sports facilities
Officers 3 current · 12 resigned
Group structure 1 subsidiary
-
URBAN ASCENT LIMITED Dissolved
From persons-with-significant-control filings on the public register.
Licensed visa sponsor
Licensed by the Home Office to sponsor worker visas: Skilled Worker (Worker (A rating)).
Matched by registered name to the register of licensed sponsors (Home Office, updated daily) — check the register itself before relying on it. Contains public sector information licensed under the Open Government Licence v3.0.
Previous registered addresses 2
| Address | Changed on |
|---|---|
| 20 ARUNDEL GATE, SHEFFIELD, SOUTH YORKSHIRE, S1 2PP | 2012-01-18 |
| 14 FLAT 3, MARMION ROAD, LIVERPOOL, MERSEYSIDE, L17 8TU, ENGLAND | 2011-07-20 |
Among its peers
Top 5%
by shareholders' funds, of 58 similar companies in L
The largest employer among its local peers (217 staff).
Among the oldest 25% of its local peers, trading since 2010.
No.1 of the largest operation of sports facilities companies in Liverpool →
Competitors Liverpool
This company ranks 1 among operation of sports facilities in Liverpool.
The class of 2010
40%
of the 243 companies in this sector incorporated in 2010 are still active today; 59% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 11 titles
- Leasehold
- 11
- Most recent registration
- 2025-03-24
- Where
- Merseyside (4), Southampton (1), City Of Bristol (1)
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| HP893796 | Southampton | Leasehold | 2025-03-24 | — |
| BL168807 | City Of Bristol | Leasehold | 2025-03-19 | — |
| SYK712846 | South Yorkshire | Leasehold | 2023-10-11 | — |
| MS708900 | Merseyside | Leasehold | 2023-09-20 | — |
| BK524347 | Reading | Leasehold | 2022-10-18 | — |
| MS700302 | Merseyside | Leasehold | 2022-09-13 | — |
| DN740428 | Devon | Leasehold | 2021-09-10 | — |
| MS680049 | Merseyside | Leasehold | 2020-02-26 | — |
| CYM760217 | Swansea | Leasehold | 2018-12-17 | — |
| DN694838 | City Of Plymouth | Leasehold | 2018-02-19 | — |
| MS592828 | Merseyside | Leasehold | 2012-05-09 | — |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.