Home Fitness First Ltd

Home Fitness First Ltd is a small, active company based in Glasgow, UK, founded four years ago in November 2020. The company, with just two employees, operates an e-commerce site selling low-impact home fitness equipment like resistance bands, yoga mats, and mini bands, all delivered from a UK storage facility. It has two directors and two owners, and its registered address is real, with only one other company registered at the same location. The company’s core business is retail sale via mail order and via internet.

The website showcases a range of fitness products, all designed for home workouts. Products are sold via eBay, and the site highlights competitive pricing and convenient delivery. The company emphasizes the benefits of resistance band workouts and caters to customers seeking effective fitness solutions without expensive gym memberships. It's clear that Home Fitness First is targeting a market of individuals looking for accessible and affordable home fitness options.

Financially, Home Fitness First Ltd presents a mixed picture. Current assets have decreased slightly, dropping by 4%, to £1,800, while net assets are down 7% to -£2,100. Cash bank on hand has fallen by 17%, to £1,200. Creditors remain steady at £3,800, and inventory has increased by 45%, to £570. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) keeps it nimble, but the negative equity suggests it’s burning through cash. As a small company, it’s exempt from an audit, so the figures are unaudited. It's likely the company is still establishing itself, and the increased inventory suggests a focus on stocking up for future sales.

Registered in Scotland under the registration number SC679819, with a registered address at G3 6NL, Scotland, Glasgow, 30 Eldon Street.

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