Morsia Limited

Morsia Limited is a small, holding company based in Maidstone, UK, with an active status. Founded five years ago in 2019, it employs just one person and holds £89,374 in assets. The company operates from a real address and is overseen by one director and owner, running an e-commerce site. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

The Morsia website focuses on fitness, offering a quiz to personalize workout plans and promoting its Morsia app. It’s clearly an e-commerce venture, selling downloadable fitness plans, memberships, energy products, and lifting equipment. The site emphasizes customized training, realtime tracking, and expert guidance, targeting individuals seeking to improve their fitness. It’s got a 4.5-star rating on Google Play, with over 1,000 reviews. The site also highlights the company’s premium coaching services and downloadable blueprint series, designed to enhance fitness journeys.

Financially, Morsia Limited shows some concerning trends. Current assets have plummeted by 53%, dropping to £89,000, while net assets have also decreased significantly, now at -£180,000. Cash bank on hand has also seen a dramatic decrease, falling by 99% to just £200. Debtor’s have decreased by 2.4%, however, creditors have increased by 160%, suggesting a need to manage payments. While the company is small, the sharp decline in assets and cash raises questions about its financial health. The company’s parent undertaking is Morsia Holdings Limited. There’s no auditor mentioned, likely due to its small size, and the accounts are unaudited.

Registered in England/Wales under the registration number 12294122, with a registered address at ME14 5DA, United Kingdom, Maidstone, Kent, Victoria Court, 17 - 21 Ashford Road.

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