Pumping Iron Store Limited

Pumping Iron Store Limited, based in Birmingham, UK, is a small, active company established seven years ago. Employing just two people, it holds £217,662 in assets and operates a thriving e-commerce site. While the business is a irregular importer of miscellaneous food products and exporter of pharmaceutical products, its core focus seems to be retail sale via mail order and internet. The company is owned and directed by Zhekov Zheko Kosev.

The website showcases a wide range of products, from muscle-building supplements and SARMs to fitness apparel and workout equipment. It’s clearly geared towards a bodybuilding and fitness enthusiast audience, with a focus on quality and authenticity. The site also features a blog with articles on topics like PCT (Post Cycle Therapy) and the benefits of specific supplements, reinforcing its expertise in the field.

Financially, Pumping Iron Store Limited presents a mixed picture. While current assets increased significantly, rising 170% to £220,000, net assets also increased by 250% to £48,000. Cash bank on hand, however, dropped by nearly 20%, settling at £30,000. Creditors also rose by 27%, reaching £150,000. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the increase in debt and decrease in cash reserves could be a cause for concern. It’s worth noting that the company is exempt from an audit, so the figures are unaudited.

The company’s increase in bank borrowings is a interesting trend. It’s possible this is due to increased inventory purchases to meet growing demand, or perhaps to fund marketing efforts. The company’s irregular import and export activity suggests it may be navigating complex supply chain challenges.

Registered in England/Wales under the registration number 11200542, with a registered address at B14 6PG, England, Birmingham, 173 Dawberry Fields Road.

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