Nextbike Uk Ltd

Nextbike Uk Ltd, based in Brixton, London, is a small holding company with an active status, having been founded twelve years ago in 2012. The company employs 31 people and operates from a real address shared by four other businesses. It’s led by one director and has one owner, although the list of owners changed two years ago and isn't exhaustive. Nextbike Uk Ltd regularly imports vehicles, parts, and accessories (excluding those for trains or trams), with 34 months of import activity recorded, the latest in 2023. It also exports electrical machinery and equipment, though only for three months, with the most recent export in 2022.

The company’s website paints a picture of a European bike-sharing market leader, operating in 20 countries and 300 cities. Nextbike offers various mobility solutions, including business, campus, and public transport bike-sharing systems. The website highlights its commitment to sustainable transport, offering classic bikes, e-bikes, and cargo bikes, and even offers advertising opportunities on its bikes. It’s a business focused on providing transport solutions for both individuals and organizations.

Financially, Nextbike Uk Ltd's recent report reveals some concerning trends. While it’s a small company (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its equity has decreased by 1.6% to -£2.9 million. Cash reserves have vanished completely, and current assets have also disappeared. Bank borrowings have decreased, and creditors have also fallen, which could suggest better debt management. The report also notes that the company ceased trading during the year, and the only balance at year-end is an intercompany balance with the parent company, which hasn’t been agreed upon. The auditor, McPhersons CFG Ltd, expressed an inability to form an opinion due to the significance of this issue. It’s a worrying sign for the company’s financial health, though it's important to remember that the figures are unaudited and the company’s parent may be providing support.

Registered in England/Wales under the registration number 08321751, with a registered address at SW9 8LA, England, Brixton, London, Impact Brixton, 17a Electric Lane.

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