Excel Gymnastics Academy Ltd

Excel Gymnastics Academy Ltd, based in Surbiton, UK, is a small, active company founded nine years ago. With nineteen employees and £89,158 in assets, it operates from a real address and is managed by two directors and owners. The company is an irregular importer, with its top import category being Toys, games, and sports equipment, totaling one month of imports, the last operation conducted on May 01, 021.

The company’s website showcases a focus on gymnastics and tumbling classes for all ages, with programs, summer camps, team tryouts, and parent resources prominently featured. A significant portion of the site highlights the academy's mission to develop athletes and well-rounded individuals through personalized training. It’s clear that Excel Gymnastics Academy operates as a training facility, offering classes and camps, and doesn't appear to be primarily an e-commerce business.

Financially, the picture is mixed. While current assets increased by 14% to £89,000, net assets only rose by 54% to £6,300. Bank borrowings decreased by 23%, and cash reserves fell by 15% to £29,000. Creditors decreased by 23%, suggesting better debt management, but deferred income plummeted by 80%. 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 agile, but the decrease in deferred income is something to keep an eye on. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s workforce has shrunk slightly, with an 11% decrease in the average number of employees reported. It’s possible that this is a temporary adjustment or a strategic move to streamline operations, but it does warrant further investigation. Overall, Excel Gymnastics Academy Ltd appears to be holding its own, but it’s navigating a challenging financial landscape.

Registered in England/Wales under the registration number 09640541, with a registered address at KT6 7TN, England, Surbiton, 31 Thornhill Road.

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