Big Bear Bikes Limited

Big Bear Bikes Ltd from Pickering UK: a small, active company founded fourteen years ago in 2010. With twenty employees and £1,465,651 in assets, it’s a family business operating from a real address and managed by two directors and owners. The company runs an e-commerce site and enjoys a stellar 5.0 Google rating based on 541 reviews. It imports clothing and accessories irregularly, with the last import operation happening two months ago in March 2022.

Big Bear Bikes’ website showcases a wide range of bicycles, electric bikes, and related accessories. They sell brands like Trek, Orbea, and Santa Cruz, catering to various cycling disciplines – from mountain biking to road racing. The site also features a blog, a workshop services page, and a motorhome stopover section, indicating a broader appeal beyond just bike sales. It’s clear they’re aiming to be a one-stop shop for cycling enthusiasts.

Financially, Big Bear Bikes Ltd has seen some interesting shifts. Current assets have decreased by 18%, dropping to £1,500,000, while net assets have fallen 4.3% to £1,000,000. Bank borrowings have increased significantly, rising 13% to £94,000, and cash reserves have plummeted 73% to £130,000. Creditors have also decreased by 24%, suggesting better management of short-term liabilities. The company qualifies as small, meeting two of the three criteria (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees). Despite this, the decrease in cash reserves and the rise in bank borrowings are worth noting. The unaudited financial statements, lacking an auditor’s report, rely on director-reported data.

Overall, Big Bear Bikes Ltd appears to be navigating a period of change. While its strong online presence and positive customer reviews are encouraging, the financial trends suggest a need for careful monitoring and potentially adjustments to operations.

Registered in England/Wales under the registration number 07437661, with a registered address at YO18 8BL, United Kingdom, Pickering, North Yorkshire, The Co Op Building, Southgate.

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