Mondraker Uk Ltd

Mondraker Uk Ltd is a small, active company based in London, UK, founded four years ago in 2021. With six employees and £100,570 in assets, it operates as a solo-founded business with a single director and owner. The company runs an e-commerce site, importing aluminum and aluminum products irregularly—just one month of imports recorded as of May 2023. Its registered address is a virtual one, shared by 836 other companies.

The company’s website showcases a wide range of mountain bikes, e-bikes, and related apparel and components. Mondraker emphasizes its advanced suspension technology (Zero Suspension System), telemetry systems (Mind), and forward geometry designs. The site also highlights partnerships with Troy Lee Designs and Apidura Bags, and promotes its racing team and ambassador program. It's clear they're targeting serious cyclists and enthusiasts.

Financially, Mondraker Uk Ltd’s numbers present a mixed picture. While cash bank on hand increased by 11% to £56,000, net assets rose significantly by 99% to £99,000. However, amounts owed by group undertakings increased dramatically to £9,400. Average number of employees also increased by 33% to eight. Trade creditors decreased by 32% to £57,000, suggesting improved debt management. 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. As a small company, it is exempt from an audit, so the figures are unaudited.

It seems Mondraker Uk Ltd is growing, but the increase in amounts owed by group undertakings should be monitored. The company's focus on high-end bikes and components, combined with its active online presence, suggests a potential for continued growth, though careful financial management will be key.

Registered in England/Wales under the registration number 13178554, with a registered address at WC2B 5AH, United Kingdom, London, 16 Great Queen Street, Covent Garden.

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