Biketart Ltd

Biketart Ltd, based in Canterbury, UK, is a small, family-run business with an active trading status. Incorporated sixteen years ago in 2008, it employs eleven people and holds assets totaling £3,231,489. The company operates from a real address and is managed by two directors and two owners. Biketart Ltd is known for its e-commerce site and a 5.0 Google rating based on 298 reviews. It regularly imports vehicles, parts, and accessories (excluding trains and trams), with the latest import activity in December 2024. It has also engaged in irregular exports of optical and medical tools, with the last export activity in 2018.

The company’s website showcases a wide range of bikes, including mountain bikes, road bikes, and electric bikes, from brands like Yeti, Santa Cruz, Mondraker, and Pivot. It also sells components, clothing, and accessories, catering to a dedicated cycling community. The site is well-designed and easy to navigate, reflecting a focus on the online retail experience.

Financially, Biketart Ltd presents a mixed picture. While current assets increased by 48% to £3.2 million, net assets declined by 13% to -£38,000, indicating losses. Bank borrowings surged by 18% to £64,000, and cash reserves fell 30% to £81. Trade debtors ballooned by 95% to £380,000, suggesting potential payment delays. Creditors decreased by 18%, which is a positive sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity is a cause for concern. With no auditor mentioned (likely exempt as a small company), the financial information is unaudited.

Despite these challenges, Biketart Ltd’s strong online presence, positive customer reviews, and focus on specialized cycling products suggest a resilient business. The company’s ability to adapt to changing market conditions and maintain a loyal customer base will be key to its long-term success.

Registered in England/Wales under the registration number 06623484, with a registered address at CT4 6DQ, England, Canterbury, Kent, Unit 19, Barham Business Park Elham Valley Road, Barham.

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