Damian Harris Cycles Limited

Damian Harris Cycles Ltd from Cardiff UK: small company, active status, founded 18 years ago, 6 employees, £1,547,111 assets, real address, 2 directors, 1 owner, e-commerce site, google rating 4.0 based on 166 reviews. Regular importer of vehicles, parts, and accessories (not for trains or trams) (9 months imported). It’s a well-established bicycle retailer serving Cardiff and beyond, with a strong online presence and a reputation for customer service. The company operates from a real address, is currently active, and has been around for eighteen years, employing six people. It holds a significant amount of assets—£1,547,111—and is managed by two directors and a single owner.

The company’s website showcases a vast selection of bicycles, from electric bikes and road bikes to mountain bikes and kids' bikes, alongside a wide range of accessories. It operates an e-commerce site, offering online sales alongside its physical store. The website lists numerous brands, including Brompton, Cannondale, Cube, Frog, Haibike, Merida, Pashley, Riese & Muller, Scott, and many more. It even offers finance options and cycle scheme exchanges, making it accessible to a wider range of customers. The company also provides repair services, emphasizing quick turnaround times and free parking.

Financially, Damian Harris Cycles Ltd shows some concerning trends. Cash bank on hand decreased by 1.8% to £1,400,000, while current assets also dropped by 1.9% to £1,500,000. Trade creditors and trade payables increased significantly by 64%, reaching £74,000, which could be a sign of increased purchasing or delayed payments. On a positive note, other creditors decreased by 34%, suggesting better management of those obligations. 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 remain nimble. With no auditor mentioned, the figures are unaudited. The increase in the number of employees from six to seven is also worth noting, which could indicate expansion.

Registered in England/Wales under the registration number 05922378, with a registered address at CF14 1DD, Wales, Cardiff, 57 Merthyr Road, Whitchurch.

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