Dynamic Store Limited
- Small
- Active
- 6 years
- £15,450 (assets)
- Real address
- 1 director
- 1 owner
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Dynamic Store Limited is a small, active company based in Fareham, UK, founded six years ago in 2018. With £15,450 in assets and a real address at 24 Fen Avenue, it's a solo-founded operation run by a single director and owner, Abbas Zaghem. The company operates in several industries, including retail via mail order houses or via internet, information technology consultancy activities, and management of real estate on a fee or contract basis.
The company’s website, Dynamic Fitness, focuses on personal training, Hyrox classes, and gym services in Ruthin. It's an official partner gym for Hyrox, a combination of running and functional workouts. The site highlights personalized training plans, professional exercise equipment, and a welcoming atmosphere. It seems they are trying to build a strong local presence and attract fitness enthusiasts.
Financially, Dynamic Store Limited is showing some concerning trends. Accrued liabilities have decreased significantly, from £1300 to just £690, which is good. However, accumulated depreciation has increased by 34%, indicating investment in plant and machinery. Advances to directors have surged by an astonishing 1200%, while advances from directors have plummeted by 99%. Bank borrowings have decreased by 11%, and cash reserves have fallen by a substantial 56%. Creditors have also decreased by 11%. Net assets have declined by 22%, and net current assets have dropped by 35%. It seems like the company is burning through cash, although the decrease in liabilities is a positive sign. The lack of employees (zero reported) suggests a very lean operation. No auditor is mentioned, which is common for small companies.
Overall, Dynamic Store Limited appears to be facing financial pressures, despite its active business operations. Whether the company can sustain its current trajectory remains to be seen.
Registered in England/Wales under the registration number 11432647, with a registered address at PO16 0TD, England, Fareham, 24 Fen Avenue.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Abbas Zaghem
- 6 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Abbas Zaghem
- 6 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine months ago.
Last news
-
Confirmation statement made on 2024-06-24 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-06-30Download 8 pages pdf report
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Confirmation statement made on 2023-06-24 with no updatesDownload 3 pages pdf report
FAQ about Dynamic Store Limited
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