Life Enhancement And Fitness Limited

Life Enhancement And Fitness Limited is a small, active company from Conwy, UK, established 26 years ago in May 1998. With eight employees and £24,217 in assets, it operates from a real address at 32 Trinity Avenue, Llandudno. The company is led by three directors, including Griffiths John Hirst, and has one owner. It’s a private limited company registered under number 03567817.

The business focuses on retail sales, specifically medical and orthopaedic goods, alongside education and human health activities. It also operates through mail order and online channels. The company’s website, while not providing detailed e-commerce functionality, highlights its range of services, including hypnotherapy, osteopathy, and secretary services.

Financially, Life Enhancement And Fitness Limited has experienced a turbulent year. Current assets have dropped significantly by 53%, falling to £24,000. Net assets have plummeted by a staggering 130%, resulting in a negative balance of -£7,200. Bank borrowings have increased by 16%, reaching £1,100, while cash reserves have shrunk by 83%, leaving just £7,700. Creditors have surged by an astounding 1,100%, reaching £10,000, and trade debtors have increased by 190% to £15,000. Despite these challenges, creditors decreased by 18%. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible. The accounts are unaudited, reflecting its status as a small company exempt from an audit.

The significant drop in equity and cash reserves suggests the company is facing financial pressures. While the increase in debtors could indicate expanding sales, it also poses a risk if payments are delayed. The lack of employees (eight reported) points to a lean operation, but the financial strain is evident. The company’s future success will depend on its ability to manage these challenges and leverage its established presence in the health and fitness sector.

Registered in England/Wales under the registration number 03567817, with a registered address at LL30 2TQ, Conwy, 32 Trinity Avenue, Llandudno.

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