Eco Quad Bikes Ltd

Eco Quad Bikes Ltd, based in Newmarket, UK, is a small, active company founded nine years ago in 2016. With three employees and £547,641 in assets, it operates from a real address and is overseen by two directors and a single owner. The company runs an e-commerce site and enjoys a stellar 5.0 Google rating from eight reviews. It’s a regular importer of vehicles, parts, and accessories (excluding trains and trams), with four months of import activity recorded.

The company’s website showcases a range of quad bikes and related equipment, catering to recreational and agricultural users. It’s positioned as a specialist ATV dealer, offering sales, parts, and service. While the company’s core business involves retail sales via mail order and internet, it’s unclear if there are other ventures.

Financially, Eco Quad Bikes Ltd presents a mixed picture. Current assets increased by 15% to £550,000, while net assets grew by 4.4% to £430,000. Bank borrowings increased by 2,400%, reaching £29,000, and cash reserves fell 9.1% to £350,000. Trade debtors ballooned by 200%, suggesting delayed customer payments or expanded credit terms, and creditors rose 43% to £130,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in debt raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s recent financial data shows some interesting trends. Accumulated depreciation for vehicles has remained steady, but the number of employees has increased by 33% to four. This suggests growing demand or expansion of operations. It's a little confusing though, as the company’s net losses deepened from -£10,000 to -£23,000. Overall, Eco Quad Bikes Ltd seems to be navigating a period of growth and change, but it will be important to monitor its financial performance closely in the coming months.

Registered in England/Wales under the registration number 09951132, with a registered address at CB8 0AT, England, Newmarket, Suffolk, Newmarket Business Centre, 341 Exning Road.

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