Transpirefitness Ltd

Transpirefitness Ltd is a small, active company based in Chester, UK, founded nine years ago in 2015. It employs just two people and holds £30,804 in assets, operating from a real address and managed by two directors and owners. The company specializes in retail sale via mail order houses or via internet industries.

The company’s website is currently unavailable, so it’s impossible to determine the specifics of its online presence. However, the description suggests a focus on e-commerce, likely selling fitness-related products or services directly to consumers. Without a website to analyze, it’s difficult to assess the sophistication of its online operations or the effectiveness of its marketing efforts.

Financially, Transpirefitness Ltd presents a mixed picture. While the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, several trends raise concerns. Cash reserves have vanished completely, dropping 100% to zero, while bank borrowings have increased significantly by 200% to £11,000. Creditors have also risen by 2.4% to £220,000, and net assets have decreased by 7.3% to -£220,000. While trade debtors have decreased by 31%, suggesting improved payment collection, the overall trend points towards financial strain. The company’s unaudited financial statements, coupled with the lack of an auditor mentioned, further complicate the picture. It’s likely that the company is burning through cash to sustain its operations, and the lack of reserves could pose a long-term challenge. The directors, Conway Craig Ian and Piotrowski Oliver Alexander, will need to address these financial pressures to ensure the company’s survival.

Registered in England/Wales under the registration number 09591059, with a registered address at CH4 9QP, United Kingdom, Chester, Chester, 2 Hilliards Court, Chester Business Park.

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