Bobbin Bicycles Ltd

Bobbin Bicycles Ltd from Worksop UK: a small holding company with an active status, was founded sixteen years ago. With just four employees and £4,370,792 in assets, the company operates from a real address and is managed by one director and one owner. Bobbin Bicycles regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), with 46 months of import activity and 9 months of export activity recorded.

The company’s website showcases a wide range of bicycles, from balance bikes for toddlers to vintage-style adult bikes, and even helmets and accessories. It appears to be primarily an e-commerce business, offering a curated selection of bicycles and related products. The website’s design emphasizes British craftsmanship and a focus on quality, with a particular emphasis on vintage-inspired aesthetics.

Financially, Bobbin Bicycles Ltd’s recent report reveals some concerning trends. While cash bank on hand increased by 150% to £470,000, bank borrowings surged by a significant 870% to £1,000,000. Creditors also increased by 49%, reaching £3,700,000, suggesting a reliance on external financing. A sharp decrease in debtors, dropping 89%, to £200,000, could indicate issues with collecting payments. The company’s small size (meeting two of three criteria for being a small company) helps it remain agile, but the increase in debt and decrease in debtors are points to watch. The company’s net assets remained stable at £2,100,000. The report was audited by Nicholsons Audit (Statutory Auditor).

Registered in England/Wales under the registration number 06625240, with a registered address at S81 7BQ, England, Worksop, Claylands Enterprise Park, Claylands Avenue.

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