Strength Shop Ltd

Strength Shop Ltd, based in Bellshill, UK, is a small, active company founded seven years ago in 2018. With eighteen employees and a real address, the business operates as an e-commerce site, importing and exporting toys, games, and sports equipment. It’s led by a solo founder, alongside three directors and one owner, Martin Gary.

The company’s website showcases a wide range of products, from weights and bars to apparel and accessories, catering to powerlifters, strongmen, and weightlifters. It offers various payment options and ships internationally, with country selections prominently displayed. The site is well-organized, featuring clear product categories, detailed descriptions, and customer reviews. It's clear Strength Shop Ltd is focused on providing equipment and apparel for serious strength athletes.

Financially, Strength Shop Ltd’s performance presents a mixed picture. Cash bank on hand has decreased significantly, dropping 39% to £660,000. Equity has also declined by 20%, settling at £2.5 million. However, trade debtors have increased by 31%, reaching £350,000, suggesting potential growth in sales. Creditors have also risen, up 18% to £240,000. While the company’s small size (meeting two of three criteria for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) allows for agility, the decline in equity and cash reserves warrants attention. The company’s intangible assets, particularly goodwill, have also decreased by 20%, which could be a sign of re-evaluation or write-downs. No auditor is mentioned, which is common for small companies. The company’s net assets liabilities have also decreased by 20%, which could be a sign of re-evaluation or write-downs.

Registered in Scotland under the registration number SC585462, with a registered address at ML4 3LJ, Scotland, Bellshill, 4 Fyne Avenue, Righead Industrial Estate.

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