E-rider Ltd

E Rider Ltd, based in Middlewich, UK, is a small, active company founded 11 years ago. Despite its age, the business is currently facing some financial challenges, with accounts overdue for a year and confirmation overdue by six months. The company employs just two people and holds £291,010 in assets, operating from a real address and managed by two directors and one owner. It runs an e-commerce site and has a rather low Google rating of 1.0 based on just ten reviews. Regular imports of vehicles, parts, and accessories (excluding trains and trams) have been recorded for the past four months.

The company’s website, Erider, prominently features electric scooters and motorcycles, positioning itself as an importer and distributor. The site encourages online purchases with options for both pickup and free home delivery. Products include the E2go, Lipo, Puma, Pusa, and Tiger models, alongside accessories and spare parts. The website also has a news section with updates on technology, charging, and the advantages of electric driving, and a subscription form. It even has a contact section with a workshop address in Moorslede, Belgium.

Financially, E Rider Ltd’s recent performance paints a mixed picture. While cash reserves decreased by 17% to £57,000, current assets increased by a significant 52% to £290,000. Bank borrowings, however, have surged, with both an overdraft and non-financial instruments increasing substantially. Creditors have also risen sharply, suggesting a greater reliance on short-term financing. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the increase in debt and decrease in equity (dropping 17% to £160,000) are concerning. The company's unaudited financial statements, which were prepared using CCH software, do not mention an auditor. The company has been taking exemption from audit under section 477 of the Companies Act 2006.

Registered in England/Wales under the registration number 08792299, with a registered address at CW10 0QG, England, Middlewich, 1 Brooks Lane.

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