Wellbeing Coach Ltd

Wellbeing Coach Ltd is a small, active company from Portsmouth, UK, founded three years ago in January 10, 2022. It’s a solo founder operation with one director and one owner, Radu Nicoleta, and employs a single person. The company operates from a real address at 37 Drayton Road, PO2 7HN, England, Portsmouth, where nine other companies are registered. Wellbeing Coach Ltd engages in retail sale via mail order houses or via internet, other human health activities, and activities of professional membership organizations.

The company’s website showcases a studio and online yoga service based in Burntwood, near Lichfield. It offers yoga classes, coaching, workshops, and events, alongside a membership program and a blog. The site emphasizes a welcoming community and a range of services, including one-to-one yoga and meditation, wellbeing coaching, and parent-baby yoga. The website also features a blog with articles on topics like breathwork and studio moves.

Financially, Wellbeing Coach Ltd has experienced a significant downturn. Net assets have plummeted by 130%, dropping from £6,800 to -£2,000. Cash reserves have completely vanished, falling 100% to zero. Bank borrowings have increased to £8, while trade debtors have fallen to zero. Creditors have risen to £2,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s exempt from an audit, so these are unaudited figures. The company’s revenue recognition policy states that turnover is measured at the fair value of the consideration received or receivable.

Despite the concerning financial trends, the company’s website suggests a focus on building a supportive community and offering a diverse range of wellbeing services. Whether this can translate into improved financial performance remains to be seen.

Registered in England/Wales under the registration number 13838702, with a registered address at W4 4QG, England, London, 1 Park Close, Ellesmere Road.

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