Life On Fitness Ltd
- Small
- Active
- 5 years
- £1,454 (assets)
- Virtual address
- 1 director
- 1 owner
- Rating 3.0 (19)
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
Phones
Summary
Life On Fitness Ltd, based in London, UK, is a small, active company founded five years ago. With just £1,454 in assets and a virtual address shared by thousands of other businesses, it’s a compact operation managed by one director and owner. The company currently holds a Google rating of 3.0 based on 19 reviews.
The company’s website showcases a wide range of fitness equipment, from treadmills and ellipticals to strength training racks and accessories. It operates primarily as an e-commerce business, catering to health clubs, hospitality venues, home gyms, and corporate wellness programs. The site offers a "Build Quote" feature, suggesting a focus on customized solutions and potentially larger orders. It also highlights a range of brands, including Life Fitness, Hammer Strength, and Symbio, indicating a focus on quality and established fitness equipment providers. The website also has a section for virtual tours and a blog.
Financially, Life On Fitness Ltd presents a mixed picture. Cash bank on hand has dramatically decreased by 85%, falling to just £1,500. Net assets have also plummeted by 46%, ending at -£25,000. Bank borrowings have remained relatively stable, however. Creditors have increased, suggesting a reliance on credit. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the decline in equity is concerning. The company’s auditor is not mentioned, which is typical for small companies exempt from an audit.
The company’s financial data shows a concerning trend of declining assets and increasing liabilities, suggesting it may be burning through cash. However, the website’s professional presentation and focus on high-quality fitness equipment indicate a commitment to its market.
Registered in England/Wales under the registration number 12374563, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Cohen Moishe
- 5 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Cohen Moishe
- 5 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted three months ago.
Last news
-
Confirmation statement made on 2024-12-19 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-12-31Download 9 pages pdf report
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Confirmation statement made on 2023-12-19 with no updatesDownload 3 pages pdf report
FAQ about Life On Fitness Ltd
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