Atemi Sports Limited

Atemi Sports Limited, based in Kington, UK, is a small, active company founded seven years ago. With a single employee and £54,019 in assets, it operates from a virtual address and is led by a solo founder who also serves as director and owner. The company runs an e-commerce site specializing in resistance bands and related fitness equipment, importing irregularly – just one month of imports recorded as of May 2023.

The website, atemisports.co.uk, showcases a range of resistance bands, from pull-up bands to glute bands, and offers free training guides and blog content. It sells to multiple countries, with versions of the site available in English, German, French, Italian, and Spanish. The business focuses on retail sale via mail order and internet, offering a wide selection of products made from natural latex.

Financially, Atemi Sports Limited presents a mixed picture. Cash bank on hand has dropped significantly by 63%, falling to £7,100, while creditors have decreased by 34% to £17,000. Merchandise has increased by 67% to £30,000, and net current assets liabilities are up 35% to £37,000. There was a substantial rise in corporation tax payable, increasing by 350% to £10,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it is exempt from an audit, and the figures are unaudited.

Overall, Atemi Sports Limited appears to be navigating a period of change. While it's growing its inventory and showing some improvements in managing its debts, the decline in cash reserves and the rise in corporation tax payable suggest it’s burning through money. It’s a small operation, and its success will likely depend on maintaining its online presence and catering to the demand for fitness equipment.

Registered in England/Wales under the registration number 10995023, with a registered address at W12 9LU, England, London, 70 Mayfield Road.

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