Classic Bike Imports Ltd

Classic Bike Imports Ltd, based in Worcester, UK, is a small, active company established sixteen years ago. With a single employee and £681,308 in assets, it’s a modest operation run by two directors and a single owner. The company boasts a real address and has been importing art and antiques regularly for the past three months, while exporting vehicles, parts, and accessories irregularly for one month.

The company's website showcases a diverse collection of classic motorcycles for sale, ranging from Norton Commandos to Triumphs and BSAs. It's a veritable treasure trove for vintage bike enthusiasts, with listings detailing matching numbers, original condition, and restoration projects. The site also features a section for motocross bikes and a surprising selection of Hondas, alongside a dedicated area for Yamaha models. The website's layout is clean and easy to navigate, with detailed descriptions and high-quality photographs of each bike. It's clear that Classic Bike Imports Ltd caters to a niche market of collectors and restorers, offering a curated selection of classic motorcycles.

Financially, Classic Bike Imports Ltd presents a mixed picture. While current assets increased by 19% to £680,000, net assets also rose by 17% to £480,000. However, finished goods and goods for resale decreased by 19% to -£630,000, which is a large number. Bank borrowings increased by 5.2% to £50,000, and trade creditors ballooned by 890% to £75,000, which is a big jump. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the large increase in trade creditors suggests potential cash flow challenges. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Classic Bike Imports Ltd is holding its own, but the significant increase in trade debt is something to watch. The company’s passion for classic motorcycles is evident, and its online presence is well-maintained—but the financial numbers suggest it’s navigating a tightrope.

Registered in England/Wales under the registration number 06832223, with a registered address at WR6 6NH, Worcester, Unit 17 Top Barn Business Centre Worcester Road, Holt Heath.

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