Vk Gym Limited

Vk Gym Ltd, based in Eastbourne, UK, is a small, family-run business established twelve years ago. With three employees and £150,035 in assets, it operates from a virtual address – a point of note as 216 companies share the same location. The gym boasts a stellar 5.0 Google rating from 62 reviews, and is an irregular importer of toys, games, and sports equipment, with the last import operation made in December 2024. It’s a fitness facility offering a welcoming environment and personal training services.

The gym’s website highlights its focus on achieving fitness goals with a supportive atmosphere. It emphasizes a genuine interest in members' progress, contrasting with corporate gyms. Memberships are flexible, and the gym offers personal training, FFT functional fitness, spinning classes, yoga, and boxing – even white collar boxing. A new VK Therapy Lounge has also been added, offering injury treatment and relaxation. The gym encourages potential members to try it out with a free one-week pass.

Financially, Vk Gym Ltd shows some concerning trends. Cash bank on hand has decreased significantly by 36% to £150,000, and net current assets liabilities have increased by 70% to -£200,000. Creditors remain stable at £350,000, but the drop in cash reserves and increase in liabilities suggest the company is burning through money. The number of employees has increased by 33%, which may be a sign of growth, but it also increases overhead costs. The company's small size (meeting two of three conditions for a small company) helps with agility, but the decrease in equity is a worrying sign. No auditor is mentioned, meaning the financial statements are unaudited. It seems like the gym is relying on its strong reputation and diverse offerings to stay afloat, but it needs to address its financial challenges.

Registered in England/Wales under the registration number 08434218, with a registered address at BN21 4PT, United Kingdom, Eastbourne, East Sussex, 18 Hyde Gardens.

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