Islabikes Ltd

  • Active
  • Small
  • Holding
  • 20 years
  • 10 employees
  • £285,241 (cur assets)
  • 0-1m
  • Regular importer
  • Regular exporter
  • Real address
  • 1 director
  • 1 owner
  • Ludlow

Field of Operation

Retail sale of sports goods, fishing gear, camping goods, boats and bicycles
47640 10736 companies
Manufacture of bicycles and invalid carriages
30920 379 companies

Website

Social media

Summary

Islabikes Ltd from Ludlow UK: a small, holding company with an active status, was founded nineteen years ago. The company employs twenty-one people and holds £752,977 in assets, managed by a single director and owner. It regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), having imported for 142 months and exported for thirty-three months.

The company’s website showcases a focus on high-quality bicycle components and original parts. It’s clear that Islabikes operates primarily as an e-commerce business, offering a wide range of spares and accessories for its bikes. The site highlights a commitment to helping customers maintain their bikes, with a size chart and how-to guides available. A product recall notice for forks on certain bike models is also prominently displayed.

Financially, Islabikes Ltd presents a mixed picture. While cash reserves increased by 39% to £660,000, current assets have dramatically decreased by 83% to £750,000. The company's net assets have also seen a significant drop, falling 87% to £520,000. Trade debtors have plummeted by 99%, and creditors have decreased by 42%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the substantial equity decline warrants attention. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

The company’s reliance on online sales and its focus on quality components suggest a business model that’s well-suited for the current market. However, the financial trends indicate a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 05581858, with a registered address at SY8 2AE, England, Ludlow, Church Farm Studios, Stanton Lacy.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.

Owners & PSC

  • 5 years
  • 75%+

Managers

  • 2 years
  • 1
Director

Last reports

Download the last financial report
Download the last confirmation report
* may contain a full shareholder list

Last news

  1. Second filing of Confirmation Statement dated 2024-10-05
  2. Second filing of Confirmation Statement dated 2022-10-05
  3. Second filing of Confirmation Statement dated 2023-10-05

Importer profile by HS codes

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Import HS codes in detail

Last imported products

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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.

Exporter profile by HS codes

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Export HS codes in detail

Last exported products

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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.

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