Fit4home Ltd

Fit4home Ltd, based in Manchester, UK, is a small, holding company with an active status. Founded eleven years ago in December 2013, the company employs nineteen people and holds £547,006 in assets. While maintaining a real address and managed by a single director and owner, Fit4home Ltd is currently facing overdue accounts and confirmation statements—a bit of a worry, really. Google reviews are a mixed bag, sitting at 3.0 based on seventy-eight ratings. The company regularly imports furniture, lighting, and prefabricated buildings, with the latest shipment arriving in February 2023.

Fit4home’s website showcases a focus on fitness equipment and a healthy lifestyle. It’s clearly an e-commerce operation, offering a range of products from treadmills and exercise bikes to garden furniture and even camping gear. The site emphasizes competitive pricing, exclusive product arrivals, and a commitment to providing high-quality exercise equipment—a good selling point, I think. They even have a blog with articles on fitness and wellness, which is a nice touch.

Financially, Fit4home Ltd's situation is a little concerning. While current assets increased slightly to £550,000, equity has taken a massive hit, plummeting to -£160,000. Cash reserves have also decreased significantly, falling 55% to £110,000. Bank borrowings have surged by an incredible 2,400%, reaching £29,000, and trade debtors have fallen by a substantial 68%, suggesting potential issues with customer payments. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the sharp decline in equity is a red flag. There’s no mention of an auditor, which is common for small companies, so the figures are unaudited.

Overall, Fit4home Ltd appears to be navigating a challenging period. While its e-commerce platform and product range seem well-positioned, the financial data suggests it’s burning through money. Whether it can turn things around remains to be seen, but for now, the company’s future is uncertain.

Registered in England/Wales under the registration number 08806670, with a registered address at M30 0BL, England, Manchester, 33 Albert Street, Eccles.

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