Aqua Physical Limited

Aqua Physical Limited, based in Portland, UK, is a small, active company founded ten years ago in December 2014. With four employees and £11,872 in assets, it operates from a real address and is overseen by four directors and one owner. The company regularly imports toys, games, and sports equipment (for three months), and exports them (for twenty-two months), with the most recent activity recorded in October 2024.

Aqua Physical’s website, infoaquaphysical.com, focuses on FloatFit – a unique group exercise program utilizing water. The site details various FloatFit programs (HIIT, BALANCE, GROW, CIRCUITS) and offers instructor training, equipment, and online portal access. It caters to both individuals and facilities, highlighting the benefits of water-based fitness and showcasing a network of instructors and clients across 55 countries. The company also has a showroom in Harrods, London. It seems like a thriving business, but it's not clear how much revenue is generated by the FloatFit business compared to the sales of equipment.

Financially, Aqua Physical Limited presents a mixed picture. While the company’s small size (meeting two of three criteria for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) allows for flexibility, several key metrics have declined. Cash bank on hand has plummeted by 95%, falling to just £570. Current assets have also dropped significantly by 86%, to £12,000. Although trade debtors have increased slightly, creditors have risen by a substantial 6.9%, reaching £320,000. Equity has also taken a hit, with retained earnings and accumulated losses decreasing by 20%, and a total decrease of 56%. The company's net assets liabilities are at -£270,000. No auditor is mentioned, likely due to the company's small size and exemption from an audit.

Overall, Aqua Physical Limited appears to be facing financial challenges, despite its innovative FloatFit program and established presence in the fitness industry. The sharp decline in cash reserves and current assets suggests the company is burning through money, while the increase in creditors indicates a reliance on borrowing. It's unclear whether the company can sustain its operations in the long term, but its unique offering and international reach could provide a foundation for future growth.

Registered in England/Wales under the registration number 09349121, with a registered address at DT5 1PY, England, Portland, Sea Dogs, 25 Mereside.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.