Bicycle Repair Man Limited

Bicycle Repair Man Ltd from Prudhoe UK: a small, active company founded 14 years ago, employs seven people, and holds £797,495 in assets. It's a real address with three directors and a solo founder who also owns the business, and operates an e-commerce site. The company regularly imports vehicles, parts, and accessories—nine months worth, with the last import made in February 2025. It operates in the retail sector, specializing in the sale of new goods.

The company's website is currently unavailable, so it’s hard to get a full picture of its online presence. However, the fact it has an e-commerce site suggests a focus on direct-to-consumer sales, likely supplementing a local repair shop.

Financially, Bicycle Repair Man Ltd shows a mixed bag. Current assets have decreased by 14% to £800,000, while net assets also fell by 3.7% to £680,000. Bank borrowings have increased by a significant 2,400%, reaching £29,000, and cash reserves have dropped 32% to £70,000. Creditors have also decreased by 22%, which is a positive sign. The company meets the criteria to be classified as small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no auditor mentioned, so the financial statements are unaudited.

The company’s decline in cash reserves and increase in borrowings could indicate it's investing in inventory or expanding its operations—or it could be facing some financial pressure. The decrease in creditors suggests better debt management, which is good news. The company’s solo founder and small team likely keep overheads low, but it could also mean a lack of expertise in certain areas.

Registered in England/Wales under the registration number 07331770, with a registered address at NE42 6PL, Prudhoe, Northumberland, 1a Princess Court, Low Prudhoe.

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