Quad Bikes R Us Ltd

Quad Bikes R Us Ltd, based in Colchester, UK, is a small, active company established 21 years ago. With just four employees and £944,061 in assets, it's a modest operation. The company has a virtual address, which is a bit odd as thirty-seven other companies are registered at the same location. Two directors and one owner manage the business, which boasts a stellar 5.0 Google rating from 43 reviews. It’s an irregular importer, bringing in vehicles, parts, and accessories (excluding trains and trams) – the last import was way back in October 2018.

The company’s website clearly positions it as a specialist in quad bikes and related equipment. It sells Yamaha quad bikes, parts, and accessories, catering to a range of needs from road legal options to farm, leisure, and off-road uses. There's a strong emphasis on new and used bikes, as well as a selection of clothing and security items. The site also highlights finance options and a showroom in Maldon, Essex. It seems like a pretty comprehensive offering for quad bike enthusiasts.

Financially, Quad Bikes R Us Ltd shows some interesting trends. Current assets have increased by 27%, reaching £940,000, which is good news. However, net assets have decreased by 17%, falling to £40,000. Bank borrowings have also decreased by 27%, dropping to £30,000, and cash reserves have decreased by 8%, settling at £85,000. Creditors have increased significantly, rising by 26%, reaching £1,000,000. It's worth noting that the company meets the criteria for a small company – turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the financial statements are unaudited.

The rise in creditors suggests the company may be relying on credit to manage its operations, while the decrease in cash reserves could indicate tighter margins. The increase in assets, however, suggests a healthy level of inventory or equipment. Overall, Quad Bikes R Us Ltd seems to be navigating a competitive market, but the financial data hints at some challenges that need to be monitored.

Registered in England/Wales under the registration number 04867445, with a registered address at CO3 0NU, England, Colchester, 2 Beacon End Courtyard London Road, Stanway.

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