Fitfitshop Ltd

Fitfitshop Ltd, based in Caerphilly, UK, is a small, active company founded six years ago in 2019. With four employees and £487,512 in assets, it operates as a solo-founded e-commerce site, managed by a single director and owner. The business is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with its last import activity recorded one month ago in July 2023.

The company’s website, FitFitGarden, showcases a wide range of gardening products, from soil and compost to pest control and outdoor furniture. It’s a comprehensive online store catering to both novice and experienced gardeners. The site emphasizes fast shipping, a 100% money-back guarantee, and dedicated online support—features common in successful e-commerce operations.

Financially, Fitfitshop Ltd presents a mixed picture. While cash bank on hand increased by a significant 80% to £48,000, creditors have risen considerably, with those due within a year increasing by 72% to £410,000. Trade debtors have also increased substantially, by 200% to £300,000, which could indicate challenges in collecting payments. Net assets liabilities have remained stable at £63,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debt warrants attention. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

Overall, Fitfitshop Ltd seems to be navigating a period of growth, but also facing increased financial pressure. The success of its online gardening business will depend on managing its debt and maintaining customer satisfaction.

Registered in Wales under the registration number 11886695, with a registered address at CF83 3HU, Wales, Caerphilly, Units 10a1 Sir Alfred Owen Way, Pontygwindy Industrial Estate.

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