Spokes Cycles Ltd.

Spokes Cycles Ltd is a small, active company based in Anstruther, UK, founded fourteen years ago in 2010. With nine employees and £524,593 in assets, it operates from a virtual address, a fact highlighted by the presence of sixteen companies registered at the same location. The business is led by five directors and has three owners, though this number isn's exhaustive. It runs an e-commerce site and regularly imports vehicles, parts, and accessories (excluding trains and trams), with its last import operation recorded five months ago in September 2023. The company operates in the retail sale of sports goods, fishing gear, camping goods, boats and bicycles industries.

The website showcases a wide range of products, from bikes for all ages and genders to clothing, footwear, and accessories. It also features a dedicated section for parts and tools, catering to both casual cyclists and serious enthusiasts. The site’s design is clean and user-friendly, with clear navigation and detailed product descriptions. It also has a blog with useful information about cycling, bike fitting, and maintenance. The website also highlights two physical stores, one in St. Andrews and one in Dundee, both offering bike hire and maintenance services.

Financially, Spokes Cycles Ltd shows a mixed picture. Creditors have increased by 37%, while bank borrowings have surged by 52%. Cash reserves, however, have risen by 29%, indicating improved liquidity. Net assets have decreased by 2.7%, and average number of employees has remained steady. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors suggests potential challenges in managing short-term liabilities. The accounts are unaudited, a common practice for small companies.

Registered in Scotland under the registration number SC380615, with a registered address at KY10 3DU, Scotland, Anstruther, Fife, 28 Rodger Street.

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