Gympro Apparel Ltd

Gympro Apparel Ltd, based in Cannock, UK, is a small, active company founded eight years ago. With two employees and £122,514 in assets, it operates from a real address and is managed by two directors and two owners. The company runs an e-commerce site and enjoys a stellar 5.0 Google rating from seven reviews. It regularly imports clothing and accessories, not knitted or crocheted, with the last import operation occurring four months ago in September 2021.

The company’s website showcases a range of sportswear and accessories for both men and women, with a focus on performance and style. It offers a wide selection of clothing, from hoodies and leggings to training bras and gym bags, catering to a fitness-conscious audience. The site also features a currency converter, allowing international customers to easily browse and purchase products. It seems they are doing a good job, with a lot of new releases and must-haves on display.

Financially, Gympro Apparel Ltd presents a mixed picture. Accumulated depreciation on computer equipment increased by 5.9%, while furniture fittings saw a larger rise of 12%. Bank borrowings surged by a significant 160%, reaching £27,000, and creditors also increased by 6.2% to £580,000. However, current assets saw a healthy 18% increase to £120,000, and finished goods also rose by 18% to £120,000. Equity, however, declined by 2.3% to -£480,000. The company meets the criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is likely due to the company's small size and exemption from an audit.

Overall, Gympro Apparel Ltd appears to be a growing e-commerce business with a strong online presence and positive customer reviews. While the increase in borrowings and decline in equity suggest some financial pressures, the growth in assets and finished goods indicates a healthy level of activity. It will be interesting to see how the company navigates these challenges and continues to expand its reach in the competitive sportswear market.

Registered in England/Wales under the registration number 10229349, with a registered address at WS11 1HW, United Kingdom, Cannock, 23 New Penkridge Road.

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