Mb Cyclery Ltd

Mb Cyclery Ltd, based in Haslemere, UK, is a small holding company with an active status, having been founded eight years ago in 2017. The company employs ten people and holds £375,116 in assets, operating from a real address shared with just one other business. It’s led by two directors and owned by two individuals, with a Google rating of 5.0 based on 108 reviews. The business is an irregular importer, primarily bringing in vehicles, parts, and accessories (excluding trains and trams), with its last import activity recorded one month ago.

Mb Cyclery operates as a retail business, selling sports goods, fishing gear, camping goods, boats, and bicycles, with a strong online presence via its e-commerce site. The website showcases a wide range of products, from mountain bikes to protective gear, and highlights services like custom bike builds and workshop servicing. It also features a "Staff Picks" section and emphasizes its independence as a "rider-owned" shop. The company’s website is well-designed and easy to navigate, with clear product categories and a user-friendly checkout process.

Financially, Mb Cyclery Ltd presents a mixed picture. Accumulated amortisation and depreciation have both increased by 20%, reflecting ongoing investment in assets. However, cash bank on hand has jumped 40% to £110,000, a positive sign of improved liquidity. Creditors have decreased by 10%, suggesting better debt management. However, current assets have fallen by 12%, and net assets have dropped 9.9%, which could indicate a slowdown in sales or increased operating expenses. Bank borrowings have increased by 20%, and trade debtors have risen by 26%, which could be a concern. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the declining equity raises questions. With no auditor mentioned, the figures are unaudited.

Overall, Mb Cyclery Ltd appears to be a well-regarded local business facing some financial pressures. The strong online presence and positive customer reviews are encouraging, but the company will need to address the declining equity and manage its debt levels to ensure long-term sustainability.

Registered in England/Wales under the registration number 10704468, with a registered address at GU27 2AB, England, Haslemere, 19-21 West Street.

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