Atherton Bikes Limited

Atherton Bikes Ltd from Oswestry, UK, is a small, active company founded seven years ago in 2018. With eleven employees and £772,932 in assets, it's a modest operation led by five directors and a single owner. The company operates from a real address and regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), with 74 months of import activity and 56 months of export activity recorded.

The company’s website is currently unavailable, making it difficult to assess its online presence and specific sales channels. It appears Atherton Bikes Ltd focuses on the manufacture of bicycles and invalid carriages.

Financially, the company shows some concerning trends. While current assets increased by a substantial 64% to £770,000, net assets have decreased significantly, dropping 110% to just £13,000. Bank borrowings increased by 39%, reaching £16,000, and cash reserves plummeted 90%, leaving just £19,000. Creditors also increased by 35%, reaching £170,000, and trade debtors ballooned by 190%, suggesting potential issues with customer payments. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The sharp decline in equity raises questions about the company's financial health, and it's possible that the business is burning through cash faster than it's generating revenue. It’s worth noting that the company's small size allows for agility, but the current trends warrant close monitoring.

Registered in England/Wales under the registration number 11205194, with a registered address at SY10 0DT, Wales, Oswestry, Cefn Ucha, Llanrhaeadr Ym Mochnant.

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