Frog Bikes Manufacturing Limited

Frog Bikes Manufacturing Ltd, based in Pontypool, UK, is a small, holding company with an active status. Founded nine years ago in 2016, the company employs 40 people and holds £6,486,047 in assets. Despite a real registered address and two directors, its accounts are currently overdue by a year. The company boasts a perfect 5.0 Google rating based on one review.

Frog Bikes specializes in the manufacture of bicycles and invalid carriages, operating a well-designed e-commerce website. The site showcases a wide range of lightweight, high-quality kids’ bikes, from balance bikes to specialized track and mountain bikes. It’s clear that the company focuses on premium products, offering various sizes and styles to suit children of all ages. The website also highlights the company’s commitment to research-led design, child-specific components, and sustainable practices. It even has a section dedicated to awards and press mentions, reinforcing its reputation as a leader in the kids’ bike market.

Financially, Frog Bikes Manufacturing Ltd presents a mixed picture. While current assets increased by 52% to £6.5 million, net assets plunged 940% to -£2.5 million – a significant downturn. Bank borrowings surged by 62%, reaching £1.9 million, and cash reserves fell sharply by 92%, leaving just £4,900. Creditors, however, decreased by 11%, suggesting some improvement in managing short-term debts. The company’s small size (meeting two of three conditions for being classified as small) allows for agility, but the substantial equity decline is concerning. The absence of an auditor mentioned in the report is likely due to the small company exemption.

The company's increasing bank borrowings and decreasing cash reserves suggest it may be burning through money, possibly to fund growth or manage increased costs. The significant drop in equity, however, raises questions about its long-term financial health. Despite these challenges, the strong brand reputation and positive customer reviews indicate a resilient business with a loyal customer base.

Registered in England/Wales under the registration number 09989153, with a registered address at NP4 0HZ, Wales, Pontypool, Gwent, Frog Bikes, Unit A, Mamhilad Park Estate.

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