I Am Muscle Ltd
- Small
- Active
- 5 years
- £10,513 (assets)
- Real address
- 2 directors
- 1 owner
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
I Am Muscle Ltd is a private limited company registered in England/Wales with the registration number 11982131. The company was founded five years ago on May 07, 2019, and registered at LS3 1AB, England, Leeds, Suite B2 Joseph's Well, Hanover Walk. Its status is active. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, two directors and no number of employees published.
It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £10,513.
Looking at the financials, I Am Muscle Ltd is showing some concerning trends. Cash reserves have plummeted by a staggering 93%, dropping to just £3,900. Current assets have also fallen significantly, down 82% to £11,000. The company’s equity is in the negative, sitting at -£16,000, which is a big drop from -£8,700 five years ago. Debtors have increased dramatically, up 410%, suggesting potential issues with customer payments or an expansion of credit terms. However, creditors have decreased by 61%, which could indicate improved debt management. The company's small size helps it stay agile, but the sharp decline in equity and cash reserves raises concerns about its financial health. As a small company, it is exempt from an audit, so the figures are unaudited.
The company's website, Manic Muscle Labs, is a fully-fledged e-commerce operation selling health and fitness supplements. The site boasts a 4.7-star rating and a wide range of products, from protein powders to natural muscle builders. It’s clear the company is investing in its online presence, with a blog featuring articles on fitness and nutrition. While the website suggests a thriving business, the financial data paints a more complex picture, and it's uncertain if the online sales are enough to offset the financial pressures.
Registered in England/Wales under the registration number 11982131, with a registered address at LS3 1AB, England, Leeds, Suite B2 Joseph's Well, Hanover Walk.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Westwood David
- 5 years
- 2
- psc
-
Resident of United Kingdom
Managers
-
Individual
- Westwood Jade
- 2 years
- 1
-
Resident of United Kingdom
-
Individual
- Westwood David
- 5 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Total exemption full accounts made up to 2024-05-31Download 7 pages pdf report
-
Confirmation statement made on 2024-12-16 with no updatesDownload 3 pages pdf report
-
Registered office address changed from Tattersall House East Parade Harrogate North Yorkshire HG1 5LT England to Suite B2 Joseph's Well Hanover Walk Leeds LS3 1AB on 2024-04-05Download 1 page pdf report
FAQ about I Am Muscle Ltd
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