The Lifting Zone Ltd

The Lifting Zone Ltd from London UK: a small holding company with an active status, was founded four years ago. It holds £145,717 in assets, operates from a virtual address, and is managed by two directors and two owners, running an e-commerce site. It's a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

The Lifting Zone specialises in Olympic Weightlifting, offering a range of programs designed for both beginners and experienced athletes. Its website showcases a variety of digital products, including strength cycles, coaching subscriptions, and technical analysis plans. The site also highlights a "TriBrid" transformation challenge and emphasizes the expertise of its founder, Sonny Webster, an Olympian. The site offers a wide range of currency options, from Afghanistan to Zimbabwe, suggesting a global customer base.

Financially, The Lifting Zone Ltd shows some concerning trends. While cash reserves increased by a significant 970%, rising to £25,000, net assets have plummeted by 94%, settling at just £2,900. Liabilities have increased, with accrued liabilities rising to £10,000 and taxation and social security payable jumping 170% to £31,000. Trade debtors have ballooned, rising by 18000% to £120,000, which could indicate difficulties in collecting payments. The company’s creditors have also increased, with other creditors rising to £75,000. It is worth noting that the company is exempt from audit as a small company, so the figures are unaudited. The company's small size and lean operation could allow for agility, but the sharp decline in equity raises questions about its long-term financial health.

Registered in England/Wales under the registration number 13154121, with a registered address at WC2H 9JQ, England, London, 71-75 Shelton Street, Covent Garden.

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