Nirvana Cycles Limited

Nirvana Cycles Ltd, based in Osterley, UK, is a small, family-run business with an active status, celebrating 19 years since its founding. Employing just five people, the company holds £7,572 in assets and operates from a real address. With three directors and two owners, it's a tight-knit operation, bolstered by a 5.0 Google rating from 93 reviews. Nirvana Cycles functions as an e-commerce site, importing vehicles, parts, and accessories (excluding trains or trams) irregularly, with the last import occurring two months ago.

The company's website showcases a focus on mountain biking, positioning itself as "the original Surrey Hills mountain bike shop." It offers a range of bikes, including those from Marin, Orbea, and Unno, alongside a workshop providing service packages and repairs. The site also highlights a "legendary mountain bike shop rides" program and a selection of premium jerseys. The website also promotes a range of services, including cycle-to-work schemes and certified service centers.

Financially, Nirvana Cycles Ltd presents a mixed picture. Accumulated amortisation impairment intangible assets has decreased by 100%, while bank borrowings have dropped by 100%. Current assets have plummeted by 89%, falling to £7,600, and net assets have decreased by 62%, standing at £11,000. Trade debtors have increased significantly by 1600%, reaching £6,200. 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 sharp decline in equity raises questions about its financial health. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Nirvana Cycles Ltd appears to be navigating a period of financial adjustment, despite its strong online presence and positive customer reviews. The company’s focus on a niche market and its commitment to quality service may help it weather these challenges, but a closer look at its financial trends is warranted.

Registered in England/Wales under the registration number 05766748, with a registered address at TW7 5NQ, England, Osterley, 46 Syon Lane.

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