Eleiko Sport Ltd

Eleiko Sport Ltd, based in London, UK, is a small, active company founded six years ago in 2018. With seven employees and £3,043,527 in assets, it operates from a virtual address, a detail that’s a little unusual as 2607 other companies are also registered at the same location. The company is led by three directors, though there are no owners officially listed, likely meaning they are all directors. It runs an e-commerce site and regularly imports and exports toys, games, and sports equipment – 57 months of imports and 3 months of exports, with the latest import activity recorded in February 2025.

The company’s website highlights its wholesale operations, specializing in fitness machinery and equipment. It’s a business focused on providing equipment for gyms and fitness facilities, and it’s clear they are targeting the commercial sector.

Financially, Eleiko Sport Ltd shows a mixed picture. Current assets increased by a substantial 77% to £3,000,000, a positive sign. However, bank borrowings also increased significantly, by 2400%, reaching £29,000. Cash reserves, however, fell by 160% to £370,000. Trade debtors have increased by a whopping 200%, suggesting that customers are taking longer to pay. On the creditor side, there's a large increase of 260% to £43,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the increase in debt warrants a closer look. As a small company, it’s exempt from a full audit, so the financial information relies on unaudited director’s reports.

Overall, Eleiko Sport Ltd appears to be growing, but it's also taking on more debt. Whether this is a sustainable strategy remains to be seen, but the company’s focus on the fitness equipment market suggests it has potential for continued success.

Registered in England/Wales under the registration number 11724312, with a registered address at W1W 7LT, United Kingdom, London, 85 Great Portland Street, First Floor.

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