Davant Bikes Limited

Davant Bikes Ltd from Torquay UK is a small, active company founded seven years ago. With ten employees and £310,933 in assets, it’s a family business boasting a stellar 5.0 Google rating from 290 reviews. The company, led by two directors and owners, regularly imports vehicles, parts, and accessories – not for trains or trams – with five months of import activity recorded.

Davant Bikes operates primarily as a motorbike dealer, offering sales, maintenance, and repair services. It’s a relatively small business, meeting two of three criteria to be classified as such: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s website is currently unavailable, so it’s unclear if it operates an e-commerce platform or relies solely on in-person sales.

Financially, Davant Bikes shows a mixed picture. Current assets have decreased by 30% to £310,000, while net assets have fallen 24% to £99,000. Cash reserves have also declined, dropping 12% to £53,000. However, creditors have significantly decreased by 25%, suggesting improved debt management. Trade debtors have also fallen, though the reduction is more modest. The company’s fixed assets have seen a sharp decline of 40%, which could be due to depreciation or asset sales. With no auditor mentioned, the accounts are unaudited, which is common for small companies.

Overall, Davant Bikes appears to be navigating a period of financial adjustment. While it’s maintaining a strong reputation and customer base, the decline in assets and cash reserves warrants attention. It’s possible that the company is investing in growth or facing increased competition, but further investigation would be needed to confirm these assumptions.

Registered in England/Wales under the registration number 10871755, with a registered address at TQ2 7QL, England, Torquay, Davant Bikes Ltd, Broomhill Way.

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