Kinetic Bike Bearings Ltd

Kinetic Bike Bearings Ltd, based in Stafford, UK, is a small, active company founded ten years ago. With three employees and £973,041 in assets, it’s a solo-founded operation led by a single director and owner, Binns Craig Mark. The company boasts a stellar 5.0 Google rating from 28 reviews and regularly imports machinery, boilers, and mechanical appliances; parts, with 22 months of import activity recorded.

The company operates in the non-specialised wholesale trade industries and specializes in bicycle bearings, offering a wide range of sealed, wheel, headset, and frame pivot bearings, alongside tools and parts. Its website, Kinetic Bike Bearings, functions as an e-commerce hub, allowing customers to search for specific bearing references and browse a comprehensive catalog. The site caters to both trade and retail customers, offering high-quality products and swift delivery.

Financially, Kinetic Bike Bearings Ltd presents a mixed picture. Current assets increased by 24% to £970,000, while net assets grew by 20% to £850,000. Cash bank on hand also saw a healthy increase of 29% to £910,000. However, creditors rose by 36% to £160,000, and debtors decreased by 18% to £14,000. The company meets two of three criteria to be considered small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). As a small company, it is exempt from an audit, and the financial statements are unaudited.

The increase in creditors suggests a possible need to manage short-term liabilities more closely. However, the overall growth in assets and cash reserves indicates a generally healthy financial position. The company's strong Google rating and dedicated e-commerce platform suggest a focus on customer satisfaction and a well-managed online presence, which should help sustain its growth.

Registered in England/Wales under the registration number 09067863, with a registered address at ST18 9AB, England, Stafford, 43 Dunston Business Village, Dunston.

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