Deviate Cycles Limited

Deviate Cycles Ltd from Dunblane, UK, is a small, active company founded eight years ago in 2017. With six employees and £461,071 in assets, it operates from a real address in Scotland. The company is led by four directors and owned by two individuals. Deviate Cycles regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), with 58 months of import activity and 45 months of export activity recorded.

The company’s website showcases a focus on high-performance mountain bikes. Deviate Cycles manufactures its own bikes, with a particular emphasis on the "high pivot" design, and offers custom builds through an online bike builder. They also sell Kurgan eMTBs and have a “Clan” ambassador program. The website highlights a commitment to British craftsmanship, lifetime warranties, and expert support. They even offer demo rides and coaching programs.

Financially, Deviate Cycles shows some interesting trends. Accumulated amortisation and depreciation have increased significantly, suggesting investment in intangible and fixed assets. Bank borrowings have also risen, with a decrease in cash reserves. Creditors have increased, but trade debtors have decreased slightly. The company's small size (meeting two of three criteria for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) allows for flexibility, but the increase in borrowings and decrease in cash warrant attention. The company’s average number of employees has increased by 50%, which could be a positive sign of growth, but also potentially a strain on resources. With no auditor mentioned, the figures are unaudited.

Overall, Deviate Cycles appears to be a growing company with a niche focus and a strong online presence. The financial data suggests a period of investment and expansion, but also highlights the challenges of managing cash flow and debt.

Registered in Scotland under the registration number SC559067, with a registered address at FK15 0NQ, Scotland, Dunblane, Deviate Cycles Limited Main Street, Kinbuck.

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