Reach Fitness Limited

Reach Fitness Limited, based in Cheltenham, UK, is a small, family-run business with an active status, having been incorporated twenty-one years ago in March 2004. The company employs five people and holds £3,250 in assets. It operates from a real address at SUPER TRAINING GYM, Malvern View Business Park, and is managed by three directors and three owners. Reach Fitness is a regular importer, with its top category being toys, games, and sports equipment, though import activity ceased in March 2021.

The company’s website, Reach Fitness UK Group, primarily showcases fitness motivation and performance services. It features content from personal trainer Danny Sroda, including workout routines, nutrition advice, and motivational articles. The site appears to be content-focused, with password-protected sections offering further resources, suggesting a membership or premium content model. There’s no clear indication of e-commerce functionality, with no online store or product listings. Instead, the site seems geared toward building a community and promoting fitness services.

Financially, Reach Fitness Limited presents a mixed picture. Accumulated depreciation on property, plant, and equipment increased significantly, indicating ongoing investment in facilities. Bank borrowings decreased, suggesting improved debt management. However, cash bank on hand remained low at just £160, and current assets declined by nearly 50% to £3,200. Creditors also decreased, which could be a positive sign, but net assets remain negative at -£130,000. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the decline in equity warrants closer attention. The accounts are unaudited, relying on director-reported data, and no auditor is mentioned.

Overall, Reach Fitness Limited seems to be navigating a challenging financial landscape. While the website suggests a focus on building a fitness community and offering valuable content, the company’s financial performance indicates a need for careful management and potentially new revenue streams.

Registered in England/Wales under the registration number 05076575, with a registered address at GL52 7DQ, Cheltenham, Gloucestershire, SUPER TRAINING GYM, Malvern View Business Park Stella Way Bishops Cleeve.

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