Empower Online Coaching Limited

Empower Online Coaching Ltd from Bristol, UK, is a small, active company founded four years ago. With a single employee and £593,945 in assets, it operates from a virtual address, managed by a solo founder who also serves as director and owner. The company irregularly imports clothing and accessories made by knitting or crocheting, with just one month of import activity recorded as of June 2021.

The company's website is currently unavailable, making it difficult to determine the exact nature of its operations beyond its registration details. However, the company operates in the sports and recreation education industries.

Financially, Empower Online Coaching Ltd shows some concerning trends. While its current assets decreased by 9% to £590,000, net current assets also dropped by 5.7% to £530,000. Bank borrowings increased significantly, rising by 570% to £91,000, and cash reserves fell 8.2% to £500,000. Creditors decreased by 28% to £68,000, which is a positive sign. The company’s small size—meeting two of three criteria for being considered small—helps it remain flexible, but the decline in equity raises questions. The company is exempt from an audit, so the financial statements are unaudited.

The company’s significant increase in loans owed to related parties—a 260% jump—is particularly noteworthy. This suggests a reliance on external funding, possibly from the director, which could be a risk factor. The decrease in trade debtors, however, indicates improved collection practices.

Registered in England/Wales under the registration number 12719909, with a registered address at BS1 6NL, England, Bristol, Freshford House, Redcliffe Way.

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