Up Fitness Supplements Limited
- Small
- Holding
- Active
- 5 years
- 2 employees
- £300,221 (assets)
- Real address
- 1 director
- 1 owner
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The directors list was changed 1 month ago, a good sign to sell them something.
Field of Operation
Website
Summary
Up Fitness Supplements Limited is a small holding company based in Manchester, UK, with an active status. Founded five years ago in December 2019, it operates an e-commerce site and employs just two people. The company holds assets worth £300,221 and has a real address, with two directors and one owner.
The company's website, GymSupplements.co.uk, is a comprehensive online retailer specializing in bodybuilding and sports supplements. It offers a wide range of products, from whey protein and pre-workout formulas to vitamins and accessories, catering to both wholesale and retail customers. The site features a loyalty program, free shipping on orders over £70, and a blog with articles on diet, weight loss, and training. It has a large selection of brands, including 10X Athletic, BiotechUSA, and Mutant.
Financially, Up Fitness Supplements Limited shows some concerning trends. While merchandise inventory decreased by 53% to £160,000, cash reserves plummeted 51% to £24,000. Bank borrowings increased significantly, rising by 220% to £110,000. Net current assets and liabilities decreased by 69% to -£460,000, which is a big change. Creditors also decreased by 86%, which could be a positive sign. The company's small size—meeting two of three criteria for being a small company—helps it stay flexible, but the sharp decline in equity is something to keep an eye on. The accounts are unaudited, as is common for small companies.
It seems like the company is facing some financial pressures, although it’s still operating. The e-commerce site appears to be doing well, with a large selection of products and a good reputation. Whether it can overcome the financial challenges remains to be seen.
Registered in England/Wales under the registration number 12359336, with a registered address at M2 7HA, England, Manchester, Acresfield 8-10 Exchange Street, Third Floor - Acresfield.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 5 years
- 4
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 4 months
- 9
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Termination of appointment of Christian James Piers Jennings as a director on 2025-04-30Download 1 page pdf report
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Appointment of Mr Mehul Tank as a director on 2025-01-28Download 2 pages pdf report
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Termination of appointment of Stephen John Brice as a director on 2025-01-28Download 1 page pdf report
FAQ about Up Fitness Supplements Limited
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