Hawth Gymnastics Limited

Hawth Gymnastics Ltd, based in Horsham, UK, is a small, active company established 20 years ago. Employing 28 people and holding £104,734 in assets, it operates from a virtual address—a detail flagged by the fact that 54 companies share the same address. The business is run by three directors and two owners, and maintains a respectable 4.0 Google rating based on 24 reviews. It’s an irregular importer, with its last import of toys, games, and sports equipment occurring 20 months ago in May 2022.

The company's website highlights its core business: offering gymnastics classes for all ages. Founded in 1986, Hawth Gymnastics boasts a long-standing reputation, with a focus on quality instruction and a welcoming environment. The site details various classes, from preschool programs to advanced teamgym and adult sessions, catering to a wide range of skill levels and interests. It also includes a kit shop, staff login, and contact information, suggesting a well-organized and customer-focused operation.

Financially, Hawth Gymnastics Ltd presents a mixed picture. Current assets have fallen by 37% to £100,000, while net assets have dropped 20% to £86,000. Cash bank on hand has seen a significant decrease of 39%, falling to £100,000. Creditors have also decreased by 34%, which could indicate improved debt management. However, the average number of employees has increased by 36%, reaching 38—a potentially concerning trend given the decline in cash reserves. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s exempt from a full audit, so the figures are unaudited. The increase in employees, coupled with the decrease in cash, suggests the company may be burning through money, though it’s possible this is due to investment in growth. It's unclear if the increase in staff is sustainable.

Registered in England/Wales under the registration number 05351577, with a registered address at RH12 1AT, England, Horsham, West Sussex, Solo House The Courtyard, London Road.

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