VIRGIN ACTIVE LIMITED

Active
Company number 03448441Private limited companyIncorporated 1997

Key figures

£106,373,000-12.6%
Net assets 2024
-12.6%
Average annual change 2023–2024
050 m100 m150 m20232024

† VIRGIN ACTIVE LIMITED filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.

Ratios

2024

Sector comparison

SIC 93290

Where the company stands among the 15,406 active companies whose first SIC code is 93290 (Other amusement and recreation activities n.e.c.).

Turnover£130,430,000
Higher than 97% · median £45,901 among 334 that publish turnover
Net assets£106,373,000
Higher than 99% · median £8,025
Total assets£482,955,000
Higher than 99% · median £41,548
Cash£8,670,000
Higher than 99% · median £21,002
Employees2,144
Higher than 99% · median 1
Company age29.1 years
Older than 94% · median 6.8 years
Largest in this sector by net assets
  1. SONY MUSIC ENTERTAINMENT UK LIMITED£257m
  2. ANSCO ARENA LIMITED£114.2m
  3. VIRGIN ACTIVE LIMITED£106.4m
  4. TENPIN LIMITED£80.2m
  5. SEE GROUP LIMITED£73.5m
  6. SYCO HOLDINGS LIMITED£72.9m
  7. FRASER CAPITAL MANAGEMENT LIMITED£71.2m
  8. BOATFOLK MARINAS LIMITED£54.1m
  9. BANDAI NAMCO AMUSEMENT EUROPE LIMITED£50.6m
  10. PHIL MCINTYRE HOLDINGS LIMITED£36.2m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 15,406. The line on each bar marks the median.

Summary: VIRGIN ACTIVE LIMITED

What kind of company is it?

VIRGIN ACTIVE LIMITED is a private limited company registered with Companies House under company number 03448441. It was incorporated on 13 Oct 1997. Its status is active. The registered office is in London (EC4V). Its nature of business (SIC 2007) is other amusement and recreation activities n.e.c. (93290).

How is the company doing financially?

The latest accounts in the database are for 2024 (period ending 31 Dec 2024); the company files full accounts. Turnover was £130,430,000. Loss for the year was £15,321,000. Net assets were £106,373,000, down 12.6% on the previous year. Cash at bank and in hand was £8,670,000. Total assets were £482,955,000 and total liabilities £376,582,000. The company had an average of 2,144 employees. Figures are available for 2 financial years (2023–2024).

How does it compare with similar companies?

Compared with 15,406 active companies whose first SIC code is 93290: By turnover it ranks higher than 97% of the 334 that publish turnover (median £45,901). By net assets it ranks higher than 99% of them (median £8,025). By total assets it ranks higher than 99% of them (median £41,548). By cash it ranks higher than 99% of them (median £21,002). By number of employees it ranks higher than 99% of them (median 1). It is older than 94% of them (median age 6.8 years).

Has it received government grants?

It is recorded as the recipient of one central government grant worth £2,615, from Department for Education.

What do public registers and reports show?

HMRC lists it as an importer of goods, mainly leather goods and bags, perfumery and cosmetics, plastics. HMRC lists it as an exporter of goods, mainly leather goods and bags. In its latest payment practices report it took an average of 44 days to pay suppliers, and 26% of invoices were not paid within agreed terms. Its gender pay gap report for 2020/21 shows median hourly pay for women 12.8% lower than for men.

Who runs and controls the company?

One person with significant control is registered. 4 of 18 registered charges are outstanding.

When are its next filings due?

The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 22 Jan 2027.

Filed accounts2023–2024
2023 †2024 †
Turnover120,383,000130,430,000
Profit for the year-12,014,000-15,321,000
Cash at bank and in hand8,184,0008,670,000
Total assets489,805,000482,955,000
Total liabilities368,111,000376,582,000
Net assets / total equity121,694,000106,373,000
Average number of employees2,3792,144

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Government grants

1 grant

VIRGIN ACTIVE LIMITED is recorded as the recipient of 1 central government grant, worth £2,615.

Grant
  1. Apprenticeships Participation 16 - 18Department for Education · £2,615

From the Government Grants Register published by the Cabinet Office (financial years 2016/17 onwards, Open Government Licence v3.0). It covers grants from central government departments and their agencies where the register states the recipient's company number and the recipient name matches this company; grants from local authorities, lottery distributors and devolved governments are not included.

Statutory reporting

Payment practices1 Jan 2026 – 30 Jun 2026
Average time taken to pay invoices
44 days
Invoices not paid within agreed terms
26%
Standard payment terms
0–90 days
Member of a payment code
No
  • Within 30 days 55%
  • 31 to 60 days 29%
  • After 60 days 16%
Earlier periods (7)
Period ending
Days to pay
Within 30 days
Late
31 Dec 2025
46
57%
35%
30 Jun 2025
41
60%
35%
31 Dec 2024
43
61%
30%
30 Jun 2024
44
59%
31%
31 Dec 2023
47
53%
34%
30 Jun 2023
42
62%
30%
31 Dec 2022
46
59%
30%

View the latest report on GOV.UK

Gender pay gap2020/21
Median hourly pay
women 12.8% lower
Mean hourly pay
women 12.1% lower
Median bonus pay
women 21.6% lower
Employer size
1000 to 4999 employees
Lower pay quarter56% womenLower middle50% womenUpper middle42% womenUpper pay quarter46% women

A positive gap means women's average hourly pay is lower than men's across the whole employer; it is not a comparison of pay for the same work. View on the Gender pay gap service

Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.

Registers and licences

International trade‡

Listed by HMRC as an importer of goods in 5 of the last 12 months on record, most recently June 2026. Main goods: leather goods and bags, perfumery and cosmetics, plastics, knitted clothing and miscellaneous metal articles.

Listed by HMRC as an exporter of goods in 1 of the last 12 months on record, most recently December 2025. Main goods: leather goods and bags.

From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.

Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.

History

4 events
  1. Financial year 2024 endedAccounts: turnover £130.4m, net assets £106.4m, 2,144 employees
  2. Financial year 2023 endedAccounts: turnover £120.4m, net assets £121.7m, 2,379 employees
  3. Virgin Active Holdings Limited registered as a person with significant control
  4. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.