Gym-stuff Ltd

Gym-Stuff Ltd, based in Penarth, UK, is a small, active company founded ten years ago in March 2015. It’s a solo-founder operation with one employee and holds £59,443 in assets. The company has two directors, including Abigail Sarah Haase, and is owned by Fisher Joel. It operates from a real address and regularly imports toys, games, and sports equipment, with its last import activity recorded 26 months ago in January 2022.

The company’s core business involves the retail sale of sports goods, fishing gear, camping goods, boats, and bicycles. It operates in a competitive market, but its focus on a specific niche—providing equipment for various outdoor activities—helps it stand out. The website, while not actively used for e-commerce, provides information about the company and its products.

Financially, Gym-Stuff Ltd presents a mixed picture. Current assets have fallen significantly by 61%, dropping to £59,000. Bank borrowings have decreased dramatically by 71%, now at £7,800, and cash reserves have plummeted 82%, leaving only £17,000. However, creditors have also decreased by 88%, suggesting improved debt management. Equity has also decreased by 30%, dropping to £49,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in assets and cash warrants attention. The accounts are unaudited, and there's no auditor mentioned, which is typical for small companies.

The sharp decrease in cash reserves could indicate increased spending or slower sales, but it’s also possible that the company is reinvesting in its business. The decrease in liabilities is a positive sign, suggesting better control over debt. Overall, Gym-Stuff Ltd appears to be navigating a period of financial adjustment, and its ability to maintain sales and manage costs will be key to its long-term success.

Registered in England/Wales under the registration number 09495524, with a registered address at CF64 2AH, United Kingdom, Penarth, South Glamorgan, Villa House, 7 Herbert Terrace.

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