Evari Bikes Limited

Evari Bikes Ltd from St. Ives UK: a small company with an active status, was founded seven years ago. It employs just two people and holds £133,393 in assets, operating from a real address with two directors and two owners – a family business. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with recent import activity spanning five months.

The company's website showcases a focus on bespoke British electric bicycles, offering a range of models from the core line to the high-end Expedition adventure tourer. Evari Bikes doesn’s just sell bikes; it offers a custom studio service, allowing customers to design their own electric bikes. The site emphasizes British engineering, design, and detail, positioning itself as a manufacturer of high-quality, personalized electric bikes. The company even collaborates with Lamborghini Club UK, offering exclusive bikes to its members.

Financially, Evari Bikes Ltd shows some concerning trends. Cash reserves have plummeted 98%, falling to just £180, with bank borrowings increasing by 7.6%. Equity has also taken a hit, decreasing by 53% to -£740,000. Creditors, however, have decreased by nearly 50%, suggesting improved debt management. The company's small size (meeting two of three criteria for a small company) allows for agility, but the significant drop in equity and cash raises questions. The unaudited financial statements, with no auditor mentioned, rely on director-reported data. The company’s net current assets liabilities have also decreased by 74% to -£81,000.

Registered in England/Wales under the registration number 11232971, with a registered address at PE27 5BH, England, St. Ives, The Station House, Station Road.

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