Giant U.k. Limited

Giant UK Ltd, based in Leicester, UK, is a substantial holding company with a long history, having been established 37 years ago in 1987. The company employs 36 people and boasts impressive assets of £51,277,216, generating a yearly revenue of £54,511,630. It’s a well-regarded business, holding a perfect 5.0 Google rating based on 29 reviews. With four directors and two owners, Giant UK Ltd operates from a real address and is actively involved in importing and exporting vehicles, parts, and accessories—a consistent pattern over 475 months of import activity and 165 months of export activity.

The company’s website, giant-bicycles.com, paints a picture of a global leader in the cycling industry. It’s not just a retailer; it’s a brand experience, showcasing a wide range of bicycles and gear. The site emphasizes innovation, performance, and a passion for cycling, with sections dedicated to teams, riders, technology, and events. It’s clear that Giant UK Ltd serves as the UK distribution arm for a much larger international operation.

Financially, the picture is mixed. While revenue remains strong, there are some concerning trends. Bank borrowings have decreased by 17%, which is positive, but cash bank on hand has increased by a significant 150%—suggesting a possible build-up of cash reserves due to slowing sales or delayed payments. Administrative expenses have risen by 19%, which could be attributed to increased marketing efforts or operational costs. Perhaps most notably, the company’s comprehensive income has shifted from a profit of £2 million to a loss of £560,000, a substantial reversal. The number of employees has increased by 14%, which could be linked to the rising administrative expenses.

The company’s auditors, Wright Vigar Limited, have issued an opinion, but the lack of detail in the report doesn’t offer much insight into the underlying causes of these financial shifts. The company’s large asset base and ongoing import/export activities suggest a resilient business, but the recent losses warrant closer scrutiny. It seems like Giant UK Ltd is navigating a changing market, and its ability to adapt will be key to its long-term success.

Registered in England/Wales under the registration number 02167762, with a registered address at LE7 4UZ, Leicester, Charnwood Edge Syston Road, Cossington.

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