The Gym Republik Limited

The Gym Republik Limited is a small, active company based in Wilmslow, UK, founded three years ago in April 2021. With £107,035 in assets and a real registered address, it employs just two people and is overseen by three directors and two owners. The company operates in the retail sale of sports goods, fishing gear, camping goods, boats and bicycles, and also retail sale via mail order houses or via internet industries.

The Gym Republik’s website showcases a focus on home gym design and installation. It offers equipment, flooring, and mirrors from top UK brands, providing a full-service solution for creating a custom home gym. The company emphasizes a personalized experience, offering free consultations, project management, and 3D designs to bring customers’ visions to life. It's clear they are aiming for a premium service, with a focus on customer satisfaction and a 5-star rating.

Financially, The Gym Republik Limited presents a mixed picture. Current assets have increased by a significant 140% to £110,000, while net assets have tripled to £19,000. Cash bank on hand has also seen a substantial rise, increasing by 200% to £81,000. However, creditors have also increased by 120%, reaching £88,000, and other taxation and social security payable has seen a massive jump of 620% to £13,000. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the increase in liabilities suggests it may be relying on credit to fund its operations. There’s no auditor mentioned, which is likely due to its small size and exemption from an audit.

Overall, The Gym Republik Limited seems to be growing, but it’s important to monitor its increasing liabilities to ensure it remains financially stable. The business’s focus on a niche market and personalized service could be key to its long-term success, but it’s also reliant on maintaining a strong reputation and attracting new customers.

Registered in England/Wales under the registration number 13357011, with a registered address at SK9 4LY, England, Wilmslow, Unit 3, Building 2, The Colony, Altrincham Road.

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