Baldwins Cycles Limited

Baldwins Cycles Ltd, based in Wigan, UK, is a small, family-run business with an active status. Founded ten years ago in 2014, the company employs seventeen people and holds £440,166 in assets. It operates from a real address and is managed by one director and two owners. The company has a Google rating of 3.0 based on 58 reviews. It’s a regular importer of rubber and rubber products, with eighteen months of import activity recorded, the latest in December 2024.

The company's website showcases a wide range of bicycle parts and accessories, from axles and bags to helmets and wheels. It's clearly an e-commerce operation, with a large inventory and a focus on online sales. The site offers a newsletter sign-up for the latest news and special offers. It’s a bit dated in design, but the sheer volume of products suggests a well-established business.

Financially, Baldwins Cycles Ltd shows a mixed picture. Current assets have decreased by 21%, dropping to £440,000, while net assets have fallen 60% to £40,000. Bank borrowings have significantly reduced by 50%, reaching £71,000, and cash reserves have also declined by 39% to £51,000. Creditors have decreased by 20%, which is a positive sign. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the figures are unaudited.

The decrease in assets and equity is concerning, suggesting potential cash flow issues or increased expenses. However, the reduced bank borrowings indicate better debt management. The company’s family-run nature and focus on bicycle parts suggest a loyal customer base, but the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 09296325, with a registered address at WN5 0LF, United Kingdom, Wigan, Lancashire, Unit 2 Otterswood Square, Martland Park.

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