Direct Bikes (uk) Ltd

Direct Bikes (uk) Ltd, based in London, is a small, active company founded four years ago in 2021. It operates as an e-commerce site, selling motorbikes and scooters, and employs just one person. The company holds £513,019 in assets and has a real registered address, though 8955 other companies share the same space, making it a virtual address. It’s run by a single director and owner, Goolnik Thomas Charles. The business regularly imports vehicles, parts, and accessories—a trend continuing through January 2025.

The company's website, Direct Bikes, is clearly focused on selling scooters, with a wide range of 50cc and 125cc models available. They offer free top boxes and screens with many purchases, and the site emphasizes competitive pricing and a wide selection of colours. The site also highlights a partnership with Kanda for financing options, and mentions being the UK’s No.1 Scooter Brand. They even offer a warranty and access to over 200 approved service centres.

Financially, Direct Bikes (uk) Ltd presents a mixed picture. While current assets have increased significantly to £510,000, net losses have deepened to -£110,000. Bank borrowings have also risen sharply, reaching £29,000, and cash reserves have fallen to just £4,100. Trade debtors have ballooned, suggesting potential payment delays, and creditors have increased by 120%. The lack of employees, combined with its small size (meeting two of three criteria for a small company), suggests a lean operation. No auditor is mentioned, which is common for companies of this size.

It seems Direct Bikes (uk) Ltd is experiencing some growing pains. The increased debt and losses, despite rising assets, indicate a need to manage cash flow carefully. The company’s focus on online sales and competitive pricing, however, suggests a potential for future growth, provided they can address these financial challenges.

Registered in England/Wales under the registration number 13258799, with a registered address at EC1V 2NX, England, London, 124 City Road.

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