Emu Electric Bike Company Limited

Emu Electric Bike Company Ltd from Bury St Edmunds UK: small company, holding company, active status, founded 11 years ago, 3 employees, £282,431 assets, virtual address, 2 directors, 1 owner, e-commerce site. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £282,431.

The company operates in the wholesale of household goods (other than musical instruments) n.e.c., the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, two directors, and three employees. The company's website, Electric Bike Supermarket, showcases a wide range of electric bikes, motorcycles, and scooters from brands like KTM, Mondraker, and Super Soco. It's a real online hub for e-mobility enthusiasts, offering everything from mountain bikes to mopeds. They even have a section dedicated to electric scooters, which are quickly becoming a popular mode of transport. The site emphasizes personal service, offering appointments and free home delivery, and even finance options.

Financially, Emu Electric Bike Company Ltd presents a mixed picture. Current assets have decreased by 53%, dropping to £280,000, while net assets have plummeted 100%, resulting in a negative value of just £100. Bank borrowings have increased by a staggering 2,400%, reaching £29,000, and cash reserves have fallen 670%, leaving just £66,000. However, creditors have decreased by 81%, suggesting improved debt management. The company’s small size helps it stay agile, but the significant equity decline raises questions about its financial health. With no auditor mentioned, the figures rely on unaudited statements.

It seems Emu Electric Bike Company Ltd is navigating some financial challenges, despite its active e-commerce presence and diverse product range. The company’s holding status suggests it may have other ventures, but the details remain unclear. The virtual address, shared by thirty-two other companies, is a little concerning.

Registered in England/Wales under the registration number 08835491, with a registered address at IP33 1NE, United Kingdom, Bury St Edmunds, Suffolk, 18 Langton Place.

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