Pedal & Brass Limited

Pedal & Brass Limited is a small, active company based in Cambridge, UK, founded four years ago. It’s a solo venture, run by a single director and owner, employing just one person and holding £10,824 in assets. The company operates an e-commerce site specializing in stylish leather bike bags and accessories, alongside a range of leather goods. It’s a real address, with only one other company registered at the same location.

The website showcases a diverse collection, from bike panniers and saddle bags to keyrings and passport holders, all handcrafted from beautiful leather. They also offer personalized travel wallets and luggage tags, and even host leathercraft workshops. The company emphasizes sustainability, using surplus leathers to reduce waste, and caters to both cyclists and those seeking unique, handmade gifts. They're even partnering with Neptune Cambridge for a Spring Market.

Financially, Pedal & Brass Limited shows some concerning trends. Current assets have fallen by a significant 37% to £11,000, while net assets have dropped 25% to -£16,000. Cash reserves have also decreased by 42%, sitting at just £4,200. Bank borrowings have increased, and trade creditors have decreased slightly. The company’s small size (meeting two of three conditions for being small) helps it stay nimble, but the decline in equity is a worry. The lack of an auditor (likely exempt as a small company) means these figures are unaudited.

The company's focus on handmade, sustainable products is appealing, but the financial data suggests it’s burning through money. Whether the business can sustain its growth and profitability remains to be seen—but for now, Pedal & Brass Limited is banking on its unique offerings and loyal customer base.

Registered in England/Wales under the registration number 13155492, with a registered address at CB22 7QD, England, Cambridge, 143 High Street, Harston.

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