Epowersports Ltd
- Small
- Active
- 5 years
- 1 employee
- £2,549,719 (assets)
- Virtual address
- 2 directors
- 1 owner
- Regular importer
- Solo founder
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Epowersports Ltd from Hinckley UK: a small, active company founded four years ago, employs just one person, and holds £2,549,719 in assets. Operating from a virtual address, the company is led by two directors and owned by a solo founder, running an e-commerce site and regularly importing vehicles, parts, and accessories (excluding trains and trams) – a trend spanning 20 months, with the latest import in January 2025.
The company’s website showcases a range of electric bikes, motorcycles, and parts, initially offering layaway programs and emphasizing affordable transportation. However, a recent announcement reveals a temporary closure of retail operations due to economic challenges and tariffs. The company is shifting focus to manufacturing in the UAE with Rumble Motors and Blixt Graphene, aiming to produce graphene-based batteries and potentially re-enter the US market. Interestingly, the founder is also developing a “Mobius Inspired Cyclical Transformation Theory,” a unifying mathematical framework, during this downtime. The website also highlights a strong community and a commitment to quality, with a blog and customer testimonials.
Financially, Epowersports Ltd presents a mixed picture. Cash bank holdings increased by a healthy 9.9% to £1,900,000, but current assets dropped by 35% to £2,500,000. Creditors significantly decreased by 37% to £2,400,000, which is a positive sign. However, trade debtors soared by 300% to £510,000, suggesting potential issues with customer payments. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the decline in current assets and the rise in debtors warrant close attention. The company is exempt from an audit, so the financial statements are unaudited. It’s clear that while the company’s innovative spirit remains strong, it’s navigating a difficult economic climate and needs to adapt to ensure its long-term sustainability.
Registered in England/Wales under the registration number 12699975, with a registered address at LE10 3DR, England, Hinckley, Leicestershire, 4 Hrfc Business Centre, Leicester Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 5 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 2 years
- 1
-
Resident of United Kingdom
-
Individual
- 5 years
- 6
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2023-12-31Download 7 pages pdf report
-
Confirmation statement made on 2024-08-18 with no updatesDownload 3 pages pdf report
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Confirmation statement made on 2023-08-18 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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