Powerslide Motorcycles Ltd

Powerslide Motorcycles Ltd, based in Stoke-On-Trent, UK, is a small, active company founded nine years ago. With five employees and £1,438,166 in assets, it’s a modest operation run by a single director and two owners. The company operates an e-commerce site and maintains a strong Google rating of 5.0 from 100 reviews, reflecting positive customer experiences. They regularly import vehicles, parts, and accessories (excluding trains and trams), with their last import activity occurring eight months ago.

The company’s website showcases a diverse range of motorcycle brands, including Suzuki, Talaria, MV Agusta, and more. They act as dealers for these brands, offering new and used bikes, parts, and accessories. The site also features a workshop offering services and repairs, alongside a racing division, Powerslide Racing, indicating a passion for the sport beyond retail. They have two locations: Stoke-On-Trent and Derby, each with its own phone number and opening hours.

Financially, Powerslide Motorcycles Ltd presents a mixed picture. While cash bank on hand increased dramatically by 1500% to £64,000, creditors decreased by 21% to £150,000. Trade debtors, however, surged by a whopping 220%, reaching £770,000 – a significant increase that could indicate delayed payments or an expansion of credit terms. Net assets remain steady at £110,000, and the company meets the criteria for a small company (turnover under £10.2m, assets under £5.1m, fewer than 50 employees). The lack of an auditor mentioned suggests they are exempt as a small company, relying on unaudited statements.

Overall, Powerslide Motorcycles Ltd seems to be navigating a period of change. The increase in debtors is something to keep an eye on, but the strong Google rating and diverse product offering suggest a solid foundation for future growth.

Registered in England/Wales under the registration number 09950943, with a registered address at ST4 5NQ, England, Stoke-On-Trent, 962 London Road.

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