Bikes 'n' Gear Limited

Bikes N Gear Ltd, based in Knutsford, UK, is a small, family-run business with an active status, having been established twelve years ago in 2012. Employing just three people, the company holds £104,836 in assets and operates from a real address in Cheshire. With two directors and two owners, the business has a 5.0 Google rating based on 55 reviews, reflecting a positive customer experience. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with its last import operation recorded just last month.

The company’s website showcases a wide range of bicycles, from road bikes and gravel bikes to mountain bikes and electric bikes. It also sells clothing and accessories, and services bikes. The site is clearly designed for e-commerce, with detailed product descriptions, high-quality images, and a user-friendly checkout process. The website also offers bike services, including full services and strip downs.

Financially, Bikes N Gear Ltd’s numbers present a mixed picture. Cash bank on hand has decreased significantly, dropping 100%, and bank borrowings have increased by a substantial 59%. Creditors have also risen by 2.1%. However, finished goods have increased by 11%, suggesting a healthy inventory level. The company meets the criteria for a small business, with turnover less than £10.2 million, assets under £5.1 million, and fewer than 50 employees. The significant decrease in equity, however, raises some concerns about the company’s long-term financial health. There is no mention of an auditor, which is common for small companies. The company's net assets have decreased by 12%.

It seems the company is doing well with sales, but needs to manage its debts and equity more effectively to ensure its continued success.

Registered in England/Wales under the registration number 08137947, with a registered address at WA16 6DW, England, Knutsford, Cheshire, 31 King Street.

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