Bikesport (north East) Limited

Bikesport North East Ltd from Newcastle Upon Tyne UK: a small, active company founded fifteen years ago, employs seven people, and holds £1,663,564 in assets. It's a family business with a real address, run by two directors and owners, and operates an e-commerce site with a solid 4.0 Google rating from 103 reviews. The company irregularly imports footwear and related items, with the last import operation made in January 2024.

The company, operating as Bikesport NE, is a motorbike dealer, trading for the last 40 years. It’s an official dealer for brands like Honda, Beta, Kawasaki, Suzuki, and Fantic, selling both new and used bikes—from 50cc scooters to 500cc machines. The website showcases a range of products, including bikes, workwear, and safety gear, and even offers financing options. They sell a range of brands including Fox Moto, Alpinestar, TroyLee, Fly, and Arai.

Financially, Bikesport NE shows a mixed picture. Current assets increased by 12% to £1,700,000, while net assets grew by 10% to £1,300,000. Bank borrowings increased by 63% to £490,000, and cash reserves fell 30% to £700,000. Trade creditors increased by 15% to £380,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. The increase in bank borrowings could indicate investment in inventory or expansion, but the decrease in cash reserves warrants further observation. No auditor is mentioned, likely due to the company's small size and exemption from an audit.

Registered in England/Wales under the registration number 06953097, with a registered address at NE4 6AN, Newcastle Upon Tyne, Tyne And Wear, 208 Westgate Road.

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