Box12 Global Ltd

Box12 Global Ltd, based in Middlesbrough, UK, is a small holding company with an active status. Founded six years ago in February 2019, it currently employs just one person and holds assets worth £425,165. The company has three directors and one owner, with the director list having changed two months ago. Regular imports of electrical machinery and equipment have occurred over the last four months.

The company’s website, box12.co.uk, showcases a unique offering: digital boxing and functional training solutions for gyms. It’s not an e-commerce site in the traditional sense; instead, it provides a subscription-based platform that delivers on-demand workouts through digital screens. The site highlights the benefits of its system, including no need for instructors, 24/7 availability, and a focus on skill-based workouts. It's clear that Box12 is targeting gym operators looking to enhance their member experience and offer a differentiated training option. The website emphasizes the program’s ability to increase member retention, revenue, and referrals, with testimonials from satisfied clients.

Financially, Box12 Global Ltd presents a mixed picture. While cash reserves have increased by 73% to £260,000, net assets have seen a dramatic rise of 6100%, reaching £280,000. However, trade debtors have increased significantly by 130%, suggesting potential delays in customer payments. Bank borrowings have also surged by 110%, reaching £40,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debt warrants attention. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited. It seems the company is investing in growth, but it’s important to monitor its ability to convert those investments into sustainable revenue.

Registered in England/Wales under the registration number 11812376, with a registered address at TS4 2BL, England, Middlesbrough, Cranston House, Douglas Street.

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