Dk Motorcycles Limited

Dk Motorcycles Limited, based in Newcastle UK, is a small holding company with an active status, established eleven years ago in 2013. The company employs thirty-six people and holds assets worth £4,662,085. It operates from a real address, is overseen by two directors, and is owned by one individual. Dk Motorcycles regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), with a substantial history of thirty-seven months of import activity and twenty-eight months of export activity.

The company’s website showcases a thriving business centered around used motorcycles and parts. It functions primarily as an online marketplace, offering a wide range of used bikes, parts, and accessories for sale. The site prominently features listings for used motorcycles, including popular models like Honda TLR200s and Yamaha TT500Gs, alongside a dedicated section for used spares. The site also has a live auction section and a direct import section for American bikes. The website is well-designed and easy to navigate, with clear categories and search functionality. It also has a blog section.

Financially, Dk Motorcycles Limited demonstrates a mixed picture. Accumulated depreciation on plant and machinery increased by 15%, while goodwill remained constant. Bank borrowings surged by 35%, reaching £1,800,000, and cash reserves decreased by 26% to £5,200. Creditors increased by 29%, reaching £3,000,000. Despite these challenges, net assets grew by 16% to £1,100,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debt warrants attention. The company’s accounts were unaudited, as is common for small companies.

The company’s focus on used motorcycles and parts, combined with its online presence, suggests a business model geared toward value and accessibility. The rise in debt could be attributed to increased inventory purchases or expansion efforts, but it's something to keep an eye on.

Registered in England/Wales under the registration number 08573345, with a registered address at ST5 9JJ, Newcastle, Swift House, Liverpool Road.

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