Bioracer Uk Ltd

Bioracer Uk Ltd, based in London, is a small holding company with an active status, founded three years ago. The company employs five people and holds £162,229 in assets, operating from a virtual address – a fact highlighted by sixty-seven other companies registered at the same location. It’s led by two directors and has one owner, and boasts a solid Google rating of 4.0 based on seven reviews. Bioracer Uk Ltd regularly imports clothing and accessories made by knitting or crocheting, with 95 months of import activity recorded, and has sporadically exported similar items, with just one month of export activity as of June 2022.

The company’s website showcases a focus on custom-made cycling, triathlon, athletics, skating, and ski apparel. Bioracer emphasizes aerodynamics and performance, with a strong presence in the cycling market, including partnerships with Team Belgium. The site features a range of products, from jerseys and bib shorts to triathlon suits and athletic clothing, and highlights its commitment to quality and innovation. It’s clear they are aiming for a high-end market, offering bespoke solutions and catering to serious athletes.

Financially, Bioracer Uk Ltd presents a mixed picture. While cash reserves increased by 33% to £34,000, current assets decreased by 4.1% to £160,000. A significant concern is the sharp decline in equity, dropping 52% to -£460,000. Bank borrowings have also risen, albeit modestly, to £20, and creditors increased by 31% to £620,000. The company’s small size (meeting two of three conditions for being a small company) helps it stay nimble, but the negative equity is a red flag. The lack of an auditor mentioned suggests the company is exempt from an audit as a small entity.

Despite the financial pressures, Bioracer Uk Ltd seems to be maintaining a strong brand identity and a focus on its niche market. The company’s commitment to custom apparel and high-performance gear, combined with its positive online reviews, suggests a loyal customer base. Whether it can sustain its growth and address its financial challenges remains to be seen, but for now, Bioracer Uk Ltd appears to be holding its own in a competitive market.

Registered in England/Wales under the registration number 13636209, with a registered address at SW18 4GQ, England, London, Suite Lu.231, The Light Bulb, 1 Filament Walk, Wandsworth.

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