Freedom Motor Cycles Limited
- Small
- Active
- 21 years
- 3 employees
- £694,627 (assets)
- Real address
- 3 directors
- 2 owners
- Irregular importer
- Family business
- 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
Summary
Freedom Motor Cycles Limited, based in Cambridgeshire, UK, is a small, family-run business with an active status. Founded 21 years ago in 2003, the company employs just three people and holds £705,093 in assets. It operates from a real address and is managed by three directors, with two owners, Spies Mark and Spies Richard, at the helm. The business runs an e-commerce site and irregularly imports vehicles, parts, and accessories—the last import activity recorded was in June 2018.
Freedom Motorcycles is a dealer for Indian Motorcycles, and also previously for Victory Motorcycles, operating from its base in March, East Anglia. The website showcases a range of new and used motorcycles, including Indian Chief, Scout, and FTR models, alongside clothing and accessories. The business also offers servicing, repairs, and other motorcycle-related services, including Datatool alarm installations and MOT tests.
Financially, Freedom Motor Cycles Limited shows a mixed picture. Current assets increased by 3.9% to £710,000, while net assets increased by 3.4% to £600,000. However, bank borrowings have risen significantly by 41%, reaching £140,000, and cash reserves have decreased by 40% to £2,000. Creditors have also increased by 5.9% to £260,000. The company meets the criteria for a small business—with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—and is exempt from an audit.
The company’s reliance on irregular imports, while potentially cost-effective, could create supply chain vulnerabilities. The increase in bank borrowings suggests a need for careful financial management, though the overall growth in assets indicates a healthy business. The family-run nature of the company, combined with its focus on customer service and a range of motorcycle-related services, positions it well in the niche market of Indian Motorcycle sales and maintenance.
Registered in England/Wales under the registration number 04991066, with a registered address at PE15 8SY, Cambridgeshire, Freedom Motorcycles, Mill View, March.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 21 years
-
Resident of United Kingdom
-
Individual
- 21 years
-
Resident of United Kingdom
-
Individual
- 21 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
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Total exemption full accounts made up to 2024-12-31Download 8 pages pdf report
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Confirmation statement made on 2024-12-10 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-12-31Download 8 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Freedom Motor Cycles Limited
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