Speedflex Uk Limited

Speedflex UK Limited is a small, active company established twenty years ago in 2004, with a virtual address registered at Newport. The company, with four employees, holds £898,363 in assets and is managed by two directors, including solo founder Rees Jason Andrew. It operates in the other construction installation industries and is a regular importer of machinery, boilers, and mechanical appliances—parts, with the last import operation occurring in January 2025. They also irregularly export vehicles, parts, and accessories (excluding trains and trams), with the last export taking place in August 2022.

The company’s website, Speedflex Blade, is a fully-fledged e-commerce platform centered around a unique full-body workout machine. It's not just a sales site; it’s a comprehensive fitness ecosystem. Users can access on-demand classes led by elite trainers, with a focus on HIIT workouts suitable for all fitness levels. The site even offers membership options and a customer review section—a testament to its focus on building a community around the Speedflex Blade. The website also features a dedicated section for customer reviews, highlighting the machine's family-friendly design and low-impact workouts.

Financially, Speedflex UK Limited shows some concerning trends. Cash bank on hand has decreased by a significant 57%, dropping to £150,000, while creditors have increased by a substantial 140%, reaching £120,000. Current assets, however, have risen by 17%, now at £900,000. The company's investment in current assets has increased, but the rise in creditors suggests a need to manage short-term liabilities. Debtors have decreased by 30%, and the amount specific advance or credit repaid in period directors has increased by 24%. The company's average number of employees has also decreased by 25%. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in creditors and decrease in cash reserves warrants close attention. There’s no auditor mentioned, likely due to the company’s small size and exemption from audit requirements.

Registered in England/Wales under the registration number 05201676, with a registered address at NP20 4PG, 21 Gold Tops, Newport.

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