Halo Fitness Limited

Halo Fitness Ltd, based in Worcester, UK, is a small, active company founded six years ago. With two employees and £85,069 in assets, it operates a thriving e-commerce site and boasts a stellar 5.0 Google rating from 17 reviews. The company regularly imports clothing and accessories (excluding knitted or crocheted items), with its last import activity recorded four months ago. It has two directors and two owners, with Pearson Rhian and Ramage Paul Michael at the helm.

The company’s website highlights its focus on empowering women through fitness, offering a range of packages, personal training, online coaching, and specialized bootcamps. It’s clear that Halo Fitness aims to provide flexible fitness solutions, catering to women who want to prioritize their wellbeing, whether they attend alone or with little ones. The site also features before-and-after shots, showcasing the results clients have achieved.

Financially, Halo Fitness Ltd presents a mixed picture. Current assets have decreased by 2.6% to £85,000, while net assets have plummeted 130% to -£27,000—a significant downturn. Bank borrowings have also decreased by 17%, and cash reserves have increased by a substantial 370% to £1,700. Creditors have increased by 26%, suggesting a need for better management. 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 agility, but the equity decline is concerning. No auditor is mentioned, meaning the figures are unaudited.

Overall, Halo Fitness Ltd is facing financial headwinds. While its e-commerce site and fitness programs appear successful, the company needs to address its declining equity and manage its debts effectively to ensure its long-term sustainability.

Registered in England/Wales under the registration number 11437073, with a registered address at WR2 5UG, United Kingdom, Worcester, 5 Grove Farm, Farmbrook Close.

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