Ab Salute Gym Lakeside Ltd

Salute Gym Lakeside Ab Ltd from Hornchurch UK: small company, holding company, active status, founded 12 years ago, 23 employees, £527,863 assets, virtual address, 4 directors, 1 owner, google rating 5.0 based on 156 reviews. Regular importer of miscellaneous food products (6 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 £527,863.

The company operates fitness facilities and is a regular importer, with its top import category being Miscellaneous food products, totaling 6 months of imports. The last import operation was conducted on November 01, 2024. The website showcases a network of gyms across Essex and Hertfordshire, including locations in St Albans, Romford, Brentwood, Lakeside, Chelmsford, Braintree, and Bishop Stortford. It’s clear that the company is focused on providing a flexible and enjoyable gym experience, emphasizing variety of equipment, expert advice, and a range of membership options. The website highlights a commitment to quality, boasting the best equipment in the industry, often the first in the UK. They also offer 24-hour gyms in Braintree, Romford, and Chelmsford.

Financially, Salute Gym Lakeside Ab Ltd presents a mixed picture. Accumulated depreciation for plant and machinery increased by 5.4% to £1.1 million, while cash bank on hand decreased by 20% to £110,000. Amounts owed by group undertakings rose significantly to £300,000, and corporation tax payable jumped 120% to £120,000. However, creditors decreased by 100% to zero, and the company’s equity grew by 12% to £570,000. The rise in debt and tax obligations, coupled with a drop in cash reserves, suggests the company is burning through money, although the increase in equity indicates a possible injection of funds or revaluation of assets. The company is small, meeting two of three criteria, and the lack of an auditor (likely exempt) means the figures are unaudited. The company’s directors are Hall Stephen David, Skipp Martin David, Hall Colin John, and Summers Paul Jamie.

Registered in England/Wales under the registration number 08450893, with a registered address at RM18 8RH, United Kingdom, East Tilbury, Essex, Unit 3a Thames Enterprise Centre Princess Margaret Road, Princess Margaret Road.

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