Drysdale Motorcycles Limited

Drysdale Motorcycles Ltd from Perth UK is a small, active company founded 22 years ago. It employs seven people and holds £4,555,914 in assets, boasting a real address and a Google rating of 4.0 based on 196 reviews. The company is an irregular importer of vehicles, parts, and accessories (excluding trains and trams), with recent import activity recorded just one month ago. It’s managed by two directors and has one owner, with the owner being Drysdale Thomas.

Drysdale Motorcycles operates as a second-hand motorcycle dealer in Perth, Scotland, and its website, though currently unavailable, suggests a focus on sales, maintenance, and repair of motorcycles and related parts. The company’s roots go back to 1975 with the founding of 1066 Pianos, a high-end piano restoration business based in Cambridge, which even has a showroom in Harrods. While both businesses share the "1066" branding, it's not clear how closely they are linked.

Financially, Drysdale Motorcycles shows some concerning trends. While current assets increased by 17%, to £4,600,000, net assets only rose by 14%, to £1,900,000. Bank borrowings increased significantly, by 57%, reaching £410,000, and cash reserves fell 2.4%, to £750,000. Creditors also increased by 25%, to £3,300,000, which could indicate increased reliance on credit. The company’s small size—meeting two of three criteria for a small company—helps it remain agile, but the increase in debt warrants attention. The company is exempt from an audit, so the figures are unaudited.

The increase in debt could be linked to the company’s irregular import activity, which may involve fluctuating costs and lead times. It's possible the company is investing in new inventory or expanding its product range. However, without further information, it’s difficult to determine the underlying cause.

Registered in Scotland under the registration number SC232460, with a registered address at PH1 3AA, Scotland, Perth, 172 Dunkeld Road.

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