Workathlete Ltd.

Workathlete Ltd, based in Bridlington, UK, is a small, active company founded nine years ago. With three employees and £3,695 in assets, it operates from a virtual address shared by 29 other companies. The business is led by four directors, including solo founder Vickerman Robert Nigel, and has a Google rating of 4.0 based on three reviews. It’s an irregular importer, primarily dealing with optical and medical tools and devices, with its last import activity occurring two months ago in May 2022.

The company's website highlights a unique approach to performance and wellbeing, offering executive coaching and energy management programmes for teams and leaders. It positions itself as a team of ex-professional athletes turned coaches and speakers, leveraging wearable tech and an advanced app to improve team performance and health. The site emphasizes innovation and application, targeting leaders, teams, and female leaders, and showcases testimonials from satisfied clients. The website also features a blog with articles on topics like calorie reduction, work-life balance, and sleep improvement.

Financially, Workathlete Ltd’s recent performance presents a mixed picture. Cash reserves have dramatically decreased by 92%, plummeting to just £2,500. Current assets have also taken a significant hit, falling 90% to £3,700. Bank borrowings have seen a slight increase, although this is relatively minor. Equity, however, has experienced a substantial decline, dropping 740% to -£13,000. While creditors have also decreased, the overall trend suggests a company facing financial pressure. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, and the figures are unaudited. The company’s reliance on retained earnings has clearly been impacted, and it’s likely that the company is burning through money.

Registered in England/Wales under the registration number 09617561, with a registered address at YO16 4LZ, England, Bridlington, Medina House, 2 Station Avenue.

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