High On Bikes Ltd

High On Bikes Ltd, based in Scarisbrick, UK, is a small, active company founded 21 years ago. Employing five people, it holds £469,534 in assets and operates from a real address within a business park. The company, run by two directors and a solo founder, has a 5.0 Google rating based on 53 reviews, reflecting a positive customer experience. It’s an e-commerce site specializing in bicycle parts and accessories, and irregularly imports vehicles, parts, and accessories – the last import was two months ago in August 2023.

The company’s website showcases a vast range of cycling equipment, from bags and maintenance tools to brakes, gears, and wheels. It caters to a wide audience, offering products for road, mountain, and even turbo trainers. The site's extensive menu and detailed product descriptions suggest a commitment to serving the cycling enthusiast. It also offers a "New Vitae Collection" of socks and hats.

Financially, High On Bikes Ltd presents a mixed picture. Current assets decreased by 18%, dropping to £470,000, while net assets also fell by 16%, reaching £490,000. Bank borrowings increased by 5.1%, reaching £37,000, and cash reserves saw a significant jump of 210%, rising to £3,500. Creditors also increased by 14%, reaching £140,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no auditor mentioned, likely due to its small size.

Overall, High On Bikes Ltd seems to be navigating a period of change. While the e-commerce platform appears to be performing well, the financial data suggests a need to manage cash flow and potentially address increased borrowing.

Registered in England/Wales under the registration number 04864607, with a registered address at L40 8HN, Scarisbrick, Lancashire, 11 Hurlston Court Scarisbrick Business Park, Smithy Lane.

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