Synergi Weightlifting Club Ltd

Synergi Weightlifting Club Ltd from Cardiff, UK, is a small, active company founded eight years ago. Employing just two people, it holds a modest £214 in assets and operates from a real address. The club, boasting a perfect 5.0 Google rating from 57 reviews, is run by three directors, although no owners are officially listed. It’s an irregular importer, with its last import of toys, games, and sports equipment occurring over eight years ago.

The club’s website paints a picture of a community-focused gym specializing in Olympic Weightlifting and Powerlifting. It offers a range of classes and programs, from beginner to competitor levels, and emphasizes personalized coaching and a supportive atmosphere. Testimonials highlight the positive impact of the club's trainers, with members praising their expertise, motivation, and ability to achieve goals. The website also features a blog with articles on training techniques and nutrition, further solidifying its position as a resource for weightlifting enthusiasts.

Financially, Synergi Weightlifting Club Ltd presents a concerning picture. Accumulated depreciation has risen by 22% to £40,000, while cash bank holdings have plummeted 98% to a mere £210. Creditors have decreased by 30%, which is a positive sign, but the significant drop in cash reserves and the negative equity (-£2,800) suggest the club is burning through money. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the sharp decline in financial health is a cause for concern. With no auditor listed, the figures rely on unaudited statements.

It's clear the club is facing financial pressures, despite its strong online reputation and dedicated members. Whether it can sustain its operations with such limited resources remains to be seen.

Registered in Wales under the registration number 10716729, with a registered address at CF24 3JP, Wales, Cardiff, 120 Strathnarin Street 120, Strathnairn Street.

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