Batribike Limited

Batribike Ltd, based in Lincoln, UK, is a small holding company with an active status, established seven years ago in December 2017. Employing just seven people, the company holds £1,701,189 in assets and operates from a real address shared by three other businesses. Led by two directors and a single owner, Batribike Ltd runs an e-commerce site and maintains a respectable 4.0 Google rating from ten reviews. The company regularly imports vehicles, parts, and accessories—not for trains or trams—with 27 months of import activity recorded, the latest in December 4th 2024.

Batribike’s website showcases a range of electric bikes, categorized by type (mountain, city, leisure) and battery range. The site emphasizes industry-leading battery warranties, free UK delivery, and a network of retail partners. It’s clear the company is focused on direct-to-consumer sales, with detailed product specifications and a blog offering advice on bike maintenance and safety. They also offer a recurring or deferred purchase option.

Financially, Batribike Ltd’s report reveals some concerning trends. While cash reserves remain at a respectable £18,000, bank borrowings have increased significantly, jumping 2,400% to £29,000. Current assets have decreased by 13% to £1,700,000, and net losses deepened from -£31,000 to -£52,000. Creditors have also decreased by 14%, suggesting better debt management, but the overall picture indicates a company burning through cash. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the figures are unaudited.

Despite these challenges, Batribike’s strong Google rating and focus on quality products suggest a loyal customer base. The company’s holding structure—owning Humber Bicycles Limited—indicates potential for future expansion, but it’s unclear whether the parent company can provide the necessary financial support. The sharp decline in equity raises questions about the company’s long-term viability, but the continued import activity and online presence suggest a determination to weather the storm.

Registered in England/Wales under the registration number 11091589, with a registered address at LN1 2PQ, England, Lincoln, Lincolnshire, Unit 4 Ingleby Grange, Ingleby.

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