Spokes Of Bagshot Limited

Spokes Of Bagshot Ltd from Bagshot UK is a small, active company founded ten years ago in 2014. With nine employees and £876,973 in assets, it’s a well-established business operating from a real address. The company is led by one director and owned by two individuals, and it runs a thriving e-commerce site with a stellar 5.0 Google rating based on 139 reviews. They’re regular importers of vehicles, parts, and accessories (excluding trains and trams), with 32 months of import activity recorded, the last in January 2025.

The company's website, Spokes Online, showcases a wide range of cycling products, from bikes and clothing to helmets and accessories. It's clear they're targeting serious cyclists, with sections dedicated to brands like Mondraker, Cube, and Wilier. The site features regular sales and promotions, including clearance events and discounts on top brands. They also offer cycle-to-work scheme support and even host workshops. It's a comprehensive online store for all things cycling.

Financially, Spokes Of Bagshot Ltd presents a mixed picture. While turnover remained stable, net assets took a hit, dropping 46% to £220,000. Bank borrowings increased by 29%, reaching £7,000, and cash reserves grew by 24% to £20,000. Trade debtors decreased significantly, by 70%, which is a positive sign. However, creditors increased by 24%, reaching £670,000. 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 decrease in equity is something to watch. There was no auditor mentioned, which is likely due to the company being exempt as a small entity.

Overall, Spokes Of Bagshot Ltd appears to be a solid, well-regarded business in the cycling sector. The financial data suggests some challenges, but the strong online presence and positive customer reviews indicate a company with potential.

Registered in England/Wales under the registration number 09119917, with a registered address at GU19 5AH, England, Bagshot, Surrey, 55 High Street.

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