Thefitgroup Limited

Thefitgroup Limited, based in Bath, UK, is a small, active company founded eleven years ago in 2013. With just one employee and £82,129 in assets, it’s a solo founder operation led by a single director and owner. The company operates from a real address and is classified as a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Thefitgroup Limited’s website reveals a diverse range of services, positioning it as a leader in building a sustainable future. The company specializes in solar energy solutions, open gym equipment manufacturing, real estate development, and community upliftment through NGO initiatives. It’s a dynamic startup led by IIT experts, established in 2015, and provides services like solar panel grid-tied technology, open gym equipment, and prefabricated cabins. The site also features testimonials from satisfied clients praising their services.

Financially, Thefitgroup Limited’s report shows some interesting trends. Current assets increased by 10% to £82,000, while net assets decreased by 12% to -£500,000. Bank borrowings have vanished, dropping 100% to zero, and cash reserves have risen to £32,000. Creditors also decreased by 9.3%, suggesting better debt management. Trade debtors, however, have surged by 530%, which could indicate a period of rapid growth or potential payment delays. The company’s small size helps it remain agile, but the negative equity raises questions about its long-term financial health. As a small company, it's exempt from an audit, so the figures are unaudited.

Overall, Thefitgroup Limited appears to be navigating a period of change, balancing growth opportunities with financial challenges. The company’s diverse service offerings and commitment to sustainability position it well for the future, but careful financial management will be crucial for sustained success.

Registered in England/Wales under the registration number 08702685, with a registered address at BA1 2AU, United Kingdom, Bath, Somerset, 6 Monmouth Place.

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