Reach Wellness Limited

Reach Wellness Ltd from Retford UK: small company, active status, founded 22 years ago, 4 employees, £93,145 assets, real address, 3 directors, 2 owners, family business. Regular importer of toys, games, and sports equipment (3 months imported). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £93,145.

Reach Wellness Ltd has been established since 2003 and with over 30 years experience in the fitness and wellness industry, it’s delighted to source and supply world class equipment. Jeff Davis is at the helm, and the company's website showcases a range of fitness solutions, including architectural wall systems (Solid Racks), movement and stretching tools (Five Concept), and connected fitness equipment (Milon). It seems Reach Wellness focuses on providing equipment and services to the fitness industry, offering planning, installation, support, and even education to its clients. The website also mentions a 360-view on the industry, suggesting a broad understanding of fitness trends. The company operates an e-commerce site, selling equipment, but the main focus seems to be providing services and support.

Financially, Reach Wellness Ltd presents a mixed picture. While current assets are down slightly, the most significant change is the sharp decrease in equity, which fell by 35% to £16,000. Bank borrowings have also decreased significantly, which could indicate a move away from debt financing. Depreciation charges on plant and machinery increased considerably, suggesting investment in equipment, but also potentially higher operating costs. The company’s small size and family-run nature likely contribute to its agility, but the drop in equity warrants closer attention. With no auditor mentioned, the financial data relies on unaudited statements. It’s possible the company is reinvesting profits back into the business, but a more detailed analysis would be needed to confirm this.

Registered in England/Wales under the registration number 04708280, with a registered address at DN22 8HA, Retford, Nottinghamshire, Barn Cottage Mansfield Road, Morton Babworth.

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