Airdrop Bikes Limited

Airdrop Bikes Ltd from Sheffield UK: a small, active company founded ten years ago in 2014, employs three people, and holds £415,483 in assets. It operates from a virtual address, managed by a solo founder who also serves as the director and owner. The company runs an e-commerce site and regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), with 34 months of import activity and 69 months of export activity.

The company's website showcases a range of mountain bike products, including frames, bikes, wheels, and components. It emphasizes being an independent British brand, building bikes for its own riders, and offering a range of services, like custom builds and demo rides. The site also features a blog with technical information and news, and a newsletter for updates. It’s clear they’re trying to build a community around their brand.

Financially, Airdrop Bikes Ltd shows some concerning trends. Current assets have fallen by 8.2% to £420,000, and net assets have plummeted 1700% to £43,000. Bank borrowings have increased by 20% to £100,000, while cash reserves have risen by 30% to £9,200. Creditors have decreased by 16%, which is a positive sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the significant equity drop suggests potential financial pressures. No auditor is mentioned, so the figures are unaudited.

Overall, Airdrop Bikes Ltd appears to be a small business facing a mixed financial picture. The strong brand identity and active e-commerce presence are positives, but the declining equity and rising bank borrowings warrant close attention. It’s a bit of a worry, really, but hopefully they can keep riding strong.

Registered in England/Wales under the registration number 09218092, with a registered address at S9 5AB, England, Sheffield, Epic House, 18 Darnall Road.

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