Triple X Performance Exhausts Limited

Triple X Performance Exhausts Limited, based in Worcestershire, UK, is a small, active company established 21 years ago. With a single employee and £415,747 in assets, it’s a modest operation run by two directors and one owner. Boasting a stellar 5.0 Google rating from 32 reviews, the company has built a strong reputation. It's a regular importer, bringing in vehicles, parts, and accessories (excluding trains and trams) for the last 34 months, with the most recent import occurring in August 2024.

The company’s website reveals a focus on strength and community, operating as a gym in Stalybridge, Tameside. Triple X Performance Centre offers a range of services including Olympic Weightlifting, Powerlifting, Strength Training, Functional Fitness, Nutrition, and personal training. Memberships are available, ranging from adult unlimited monthly rolling memberships to double and single options, all offering access to coach-led classes and open gym access. The gym emphasizes its experienced coaches and caters to all fitness levels, from beginners to competitive athletes.

Financially, Triple X Performance Exhausts Limited shows some concerning trends. Cash bank on hand has fallen significantly by 47% to £50,000, and net assets have decreased by 5.9% to £140,000. Trade debtors have risen by 22%, which could indicate difficulties in collecting payments. However, creditors have also decreased by 30%, suggesting better management of outstanding bills. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the decrease in equity is a point of concern. Bank borrowings have also decreased by 8.8%, which is a positive sign. There is no auditor mentioned, which is common for small companies.

Overall, Triple X Performance Exhausts Limited appears to be facing some financial headwinds, though it’s managing its debts. The gym business seems to be thriving, attracting positive reviews and offering a range of services. Whether the company can sustain its growth and navigate these financial pressures remains to be seen.

Registered in England/Wales under the registration number 04813150, with a registered address at DY10 4LA, Worcestershire, 4 Worcester Road, Mustow Green, Kidderminster.

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