Inspired Bicycles Ltd

Inspired Bicycles Ltd is a small, active company based in Ilkeston, UK, founded eighteen years ago in 2007. The company, with two employees, holds £1,092,897 in assets and operates from a real address. It’s led by two directors and owned by Cleaver David Charles. The business is a regular importer and exporter of vehicles, parts, and accessories (excluding trains and trams), with 167 months of import activity and 232 months of export activity. The last export operation was made on December 01, 2024.

The company’s website showcases a wide range of trials bikes, from entry-level models to high-performance machines. It caters to a global market, offering international shipping and a comprehensive product search by country. The site lists a large number of countries, from Afghanistan to Zimbabwe, indicating a broad reach. The bikes are categorized by size and intended use, with detailed specifications and suggested heights for riders. The website also features a blog with content related to trials riding and maintenance tips. It seems the company is primarily focused on e-commerce, selling directly to consumers through its website.

Financially, Inspired Bicycles Ltd shows a mixed picture. Cash reserves increased significantly by 230%, reaching £170,000, which is a positive sign. However, net assets decreased slightly by 3.2%, settling at £970,000. Trade debtors decreased by 17%, suggesting improved collection of payments. Bank borrowings remained constant. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the slight decrease in net assets warrants monitoring. The accounts are unaudited, as is typical for small companies.

Overall, Inspired Bicycles Ltd appears to be a stable, albeit small, business operating in a niche market. The increase in cash reserves is encouraging, but the company should continue to monitor its financial performance and adapt to changing market conditions.

Registered in England/Wales under the registration number 06130891, with a registered address at DE7 5EP, England, Ilkeston, Derbyshire, Unit 2 The Gallows, Furnace Road.

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