Stackz Gym Limited

Stackz Gym Ltd from Bexhill-on-Sea, UK, is a small, active company founded eight years ago. With three employees and £40,867 in assets, it’s a solo-founded operation led by a single director and owner. The gym boasts a stellar 5.0 Google rating from 116 reviews, and irregularly imports toys, games, and sports equipment, with its last import operation recorded in August 2023.

The gym’s website highlights its commitment to fitness and community. Established in 2012, Stackz Gym positions itself as a “second home” for its customers, offering a range of classes, including boxing, Brazilian jiu-jitsu, and MMA. It also sells supplements and provides membership options, from a basic £29.99 plan to an all-inclusive £59.99 plan. The website features testimonials from satisfied members, praising the gym’s facilities, friendly staff, and diverse client base.

Financially, Stackz Gym Ltd’s recent performance presents a mixed picture. Cash reserves increased significantly by 270%, reaching £26,000, which is a good sign. However, net assets decreased by 33%, settling at £15,000. Bank borrowings also increased, rising by 17% to £29,000. Creditors increased by 70%, reaching £110,000, which could be a concern. The company’s small size (meeting two of three criteria for being a small company) allows for agility, but the decrease in equity warrants attention. Depreciation on plant machinery increased by 100%, suggesting investment in equipment. With no auditor mentioned, the figures are unaudited.

Overall, Stackz Gym Ltd appears to be holding its own, benefiting from a strong reputation and dedicated customer base. However, the increased debt and decreased equity suggest that the company may be burning through cash, and it’s important to monitor these trends closely.

Registered in England/Wales under the registration number 10587877, with a registered address at TN40 1EN, United Kingdom, Bexhill On Sea, East Sussex, Unit 2 Dodsons Garage, Bolebrook Road.

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