Brother Cycles Limited

Brother Cycles Ltd, based in Faversham, UK, is a small, active company founded ten years ago in 2015. With two employees and £458,461 in assets, it's a modest operation managed by three directors and two owners. The company has a real address and regularly imports and exports vehicles, parts, and accessories – not for trains or trams – with 28 months of import activity and 41 months of export activity.

The company’s website showcases a range of frames and bicycles, including the Big Bro, Kepler, and Stroma models, catering to road, gravel, and adventure cycling enthusiasts. It also features a journal with updates on events and new product releases, and a stockist directory. The site’s focus is clearly on direct-to-consumer sales, with a strong emphasis on quality, design, and British craftsmanship. There’s a well-maintained Instagram feed with regular updates.

Financially, Brother Cycles Ltd shows some concerning trends. Cash bank on hand increased significantly, jumping 110% to £13,000, which is good news. However, net assets decreased by 4.4% to £250,000, and current assets dropped by 8.2% to £460,000. Trade debtors increased dramatically, rising 130% to £140,000, suggesting potential issues with customer payments. Creditors also decreased by 23%, which could indicate better debt management. The company meets the criteria for a small company – turnover under £10.2m, assets under £5.1m, and fewer than 50 employees – and accounts are unaudited, which is common for small businesses.

Overall, Brother Cycles Ltd appears to be navigating a period of change. While cash flow improved, the increase in debtors and decrease in net assets suggest a need for careful financial management. The company’s focus on niche cycling products and direct-to-consumer sales provides a strong foundation, but the financial figures warrant close monitoring.

Registered in England/Wales under the registration number 09542198, with a registered address at ME13 8XZ, England, Faversham, Kent, Ground Floor, Enterprise Suite Brogdale Farm, Brogdale Road.

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