Bothy Bikes Limited

Bothy Bikes Ltd, based in Inverness-Shire, UK, is a small, active company founded 21 years ago. With just two employees and £50,149 in assets, it’s a modest operation run by three directors and a single owner. The company boasts a stellar 5.0 Google rating from 88 reviews, a testament to its customer service. It operates as an irregular importer, primarily bringing in vehicles, parts, and accessories (excluding trains and trams), with its last import activity recorded one month ago in May 2023.

The company’s website, Bothy Bikes, functions as a retail outlet for cycling gear and accessories, offering a range of products from mountain bikes to helmets and workwear. It also provides bike hire services in Aviemore and caters to businesses through a Cycle to Work scheme. The site features a workshop, brands section, and special offers, alongside useful information on trails in the Cairngorms National Park. The website also shows a full range of products, from high-end mountain bikes to essential safety equipment, and even offers a self-play system for pianos.

Financially, Bothy Bikes Ltd presents a mixed picture. Current assets have decreased by 21%, falling to £50,000, while net assets have plummeted 75%, leaving just £7,000. Bank borrowings have vanished entirely, a positive sign, but cash reserves have also dropped significantly by 47%, sitting at just £3,000. Trade debtors have also decreased, suggesting better management of customer payments. The company’s small size—meeting two of three criteria for a small company—helps maintain agility, but the significant drop in equity is concerning. The unaudited financial statements, lacking an auditor’s review, rely on director-reported data.

Overall, Bothy Bikes Ltd appears to be navigating a challenging period. While its online presence and customer ratings are strong, the financial figures suggest a need for careful management and a focus on improving profitability. The company’s long-standing presence in the community, combined with its niche focus on cycling, provides a foundation for future success, but the current financial pressures require attention.

Registered in Scotland under the registration number SC251409, with a registered address at PH21 1NG, Inverness-Shire, Stormbreaker, Feshie Bridge, Kingussie.

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