Is Gym Finance Group Ltd in creditors' voluntary liquidation?
Last verified 27 May 2026
Yes, Gym Finance Group Ltd (company number 07628739) entered creditors' voluntary liquidation on 5 February 2026, by its creditors. Gareth Prince of null was appointed as liquidator.
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Gym Finance Group Ltd is now in creditors' voluntary liquidation. Below are the key dates, the directors, the public-record timeline that led here, and what the liquidation means if you are a creditor, employee, customer or supplier.
Company at a glance
| Status | In Creditors' Voluntary Liquidation |
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| Company number | 07628739 |
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| Previously known as | - Servicesport Finance Limited, May 2011 to Mar 2016
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| Incorporated | 10 May 2011 (15 years old) |
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| Registered office | C/O Btg, Lymedale Business Centre Lymedale Business Park, Hooters Hall Road, Newcastle, Staffordshire, ST5 9QF |
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| Nature of business (SIC) | 77210: Renting and leasing of recreational and sports goods |
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| Date entered creditors' voluntary liquidation | 5 February 2026 |
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| Liquidator | Gareth Prince, null (licensed insolvency practitioner) |
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| Public register | View filing history ↗ |
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About the business
Gym Finance Group Ltd is a UK limited company based in Newcastle, incorporated in 2011 and 15 years old when the liquidator was appointed. Its registered activity is renting and leasing of recreational and sports goods (SIC 77210). There have been 2 director appointments since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 1 person with significant control. 2 charges have been registered against the company, all of which are recorded as satisfied.
Directors
2 people have been appointed as directors of Gym Finance Group Ltd.
DirectorStatusAppointedResigned
A director resignation shortly before an insolvency is a matter of public record; it does not by itself imply wrongdoing.
Persons with significant control
Individuals or entities with significant influence or control.
Mr Mark Daniel Grundy
individual person with significant control · British · England
Ownership of shares 75-100%
Charges register
Secured creditors and encumbrances against the company. 0 outstanding · 2 satisfied.
Status · Creditor · Type · Dates
SatisfiedNorth West Mezzanine Loans LP Acting by Fw Development Capital (North West) Gp Limited as the General Partner of North West Mezzanine Loans LP Acting by Fw Capital Limited
A registered charge · Created 11 May 2015 · Satisfied 19 Dec 2018
SatisfiedThe Royal Bank of Scotland PLC
Debenture · Created 18 Mar 2013 · Satisfied 21 Jan 2026
What happened
EventDateType
Registered office address changed11 February 2026AD01 Appointment of a voluntary liquidator11 February 2026600
Statement of affairs11 February 2026LIQ02
Creditors' voluntary liquidationStatus5 February 2026
+40 earlier events · 2012 to 2026
Satisfaction of charge in full21 January 2026MR04 Confirmation statement made with no updates13 May 2025CS01 Micro company accounts made up19 February 2025AA Micro company accounts made up3 June 2024AA Confirmation statement made with no updates15 May 2024CS01 Total exemption full accounts made up27 September 2023AA Confirmation statement made with no updates10 May 2023CS01 Total exemption full accounts made up1 July 2022AA Confirmation statement made with no updates10 May 2022CS01 Total exemption full accounts made up28 September 2021AA Registered office address changed2 June 2021AD01 Confirmation statement made with no updates10 May 2021CS01 Total exemption full accounts made up25 September 2020AA Confirmation statement made with no updates11 June 2020CS01 Total exemption full accounts made up11 September 2019AA Confirmation statement made with no updates15 May 2019CS01 Satisfaction of charge in full19 December 2018MR04 Total exemption full accounts made up1 August 2018AA Confirmation statement made with no updates30 May 2018CS01 Total exemption full accounts made up29 September 2017AA Confirmation statement made with updates17 May 2017CS01 Total exemption small company accounts made up21 July 2016AA Annual return made up with full list of shareholders21 June 2016AR01 Registered office address changed11 April 2016AD01 Certificate of change of name22 March 2016CERTNM Termination of appointment as a director9 October 2015TM01 Total exemption small company accounts made up3 July 2015AA Annual return made up with full list of shareholders22 May 2015AR01 Registration of charge , created15 May 2015MR01 Total exemption small company accounts made up5 June 2014AA Annual return made up with full list of shareholders13 May 2014AR01 Registered office address changed22 April 2014AD01 Annual return made up with full list of shareholders20 May 2013AR01 Total exemption small company accounts made up22 January 2013AA Total exemption small company accounts made up21 September 2012AA Annual return made up with full list of shareholders14 May 2012AR01 Previous accounting period shortened9 May 2012AA01 Incorporation10 May 2011NEWINC What this means for you
If you are a creditor
Submit your proof of debt to the liquidator. Once liquidation begins, no creditor can start or continue legal action without the court's permission. Unsecured creditors rank after secured and preferential creditors and are usually paid last, often only a portion.
Owed money by a company in liquidation →If you are an employee
Employees are preferential creditors for certain unpaid wages and holiday pay, and may be able to claim from the Redundancy Payments Service if roles are made redundant.
Employee rights and redundancy pay →If you are a customer
Deposits paid are usually unsecured claims. Contracts may be terminated by the liquidator. Contact the liquidator about outstanding work or refunds.
What customers can recover →If you are a supplier
Goods supplied before the liquidation began are an unsecured claim. Check whether any retention-of-title clause lets you identify and recover specific goods.
How retention of title works →Don't be the last to know next time
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See how Protect works, £24/mo →Other companies in creditors' voluntary liquidation
Related guides
The bigger picture
Frequently asked questions
- Is Gym Finance Group Ltd in creditors' voluntary liquidation?
- Yes. Gym Finance Group Ltd (company number 07628739) entered creditors' voluntary liquidation on 5 February 2026, by its creditors. Gareth Prince of null was appointed as liquidator.
- Who is the liquidator of Gym Finance Group Ltd?
- Gareth Prince, a licensed insolvency practitioner at null, was appointed liquidator of Gym Finance Group Ltd on 5 February 2026. Creditors can contact the liquidator directly to submit a claim.
- What does Gym Finance Group Ltd do?
- Gym Finance Group Ltd's registered nature of business is renting and leasing of recreational and sports goods (SIC 77210).
- Where is Gym Finance Group Ltd based?
- Gym Finance Group Ltd's registered office is C/O Btg, Lymedale Business Centre Lymedale Business Park, Hooters Hall Road, Newcastle, Staffordshire, ST5 9QF. The registered office is the address held on the public register, which is not always the trading address.
- When was Gym Finance Group Ltd founded?
- Gym Finance Group Ltd was incorporated on 10 May 2011, 15 years before the liquidator was appointed.
- What is Gym Finance Group Ltd's company number?
- Gym Finance Group Ltd's registered company number is 07628739.
- Who has significant control of Gym Finance Group Ltd?
- 1 active person with significant control over Gym Finance Group Ltd is on the register: Mr Mark Daniel Grundy.
- What does liquidation mean for creditors of Gym Finance Group Ltd?
- Liquidation is the formal wind-up of a company. Once it begins, the liquidator collects assets, settles claims in statutory order (secured, preferential, then unsecured) and distributes whatever remains. Unsecured creditors often recover only a portion of what they are owed, and sometimes nothing.
- How long does liquidation take?
- Most liquidations run for 12 to 24 months, longer where the company has complex assets, litigation, or ongoing trading. Annual progress reports are filed by the liquidator until the company is dissolved at the end of the process.
- Will creditors get paid in Gym Finance Group Ltd's liquidation?
- Secured creditors are paid from the assets they hold a charge over. Preferential creditors (employee wages up to limits, pension contributions, HMRC for certain taxes) come next. Unsecured creditors share whatever remains, which may be nothing. The Statement of Affairs, when filed, sets out the liquidator's estimate at the point of appointment.
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