Sportsbikeshop Limited

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Sportsbikeshop Limited, based in Boston, UK, is a medium-sized company with an active trading status. Employing 160 people, the company holds £17 million in assets and operates a well-established e-commerce business focused on motorcycle parts and accessories. Founded years ago, the company has a real registered address and a board of directors overseeing operations. With a strong online presence and a focus on a niche market, Sportsbikeshop Limited appears to be a significant player in the motorcycle industry.

The company’s website, sportsbikeshop.co.uk, is a comprehensive online store for motorcycle enthusiasts. It offers a wide range of products, including helmets, leathers, boots, gloves, and accessories from leading brands. The site also features a blog with informative articles and reviews, enhancing its credibility and attracting a loyal customer base. The website also reveals a second venture: Polo Group GmbH, which is the ultimate controlling party.

Financially, Sportsbikeshop Limited presents a mixed picture. Turnover increased by a solid 11% to £48 million, demonstrating continued growth in sales. However, net assets increased by a substantial 80% to £17 million, and profits remained steady at £3.6 million. Cash bank on hand increased by 40% to £1.9 million, which is a positive sign. However, accrued liabilities increased significantly by 110% to £180,000, and depreciation and amortisation expense increased by 100% to £1.1 million. Capital commitments also rose dramatically, increasing by 160% to £120,000. The company's auditor is Dexter & Sharpe Audit Services Ltd.

The company's growth in turnover is encouraging, but the rise in accrued liabilities and depreciation expenses suggests increased operating costs. The substantial increase in capital commitments could indicate investments in new equipment or infrastructure. While the company’s financial position appears generally healthy, the management will need to carefully monitor these trends to ensure long-term sustainability.

Registered in England/Wales under the registration number 05401500, with a registered address at PE20 1QS, England, Boston, Lincolnshire, Sportsbikeshop Hereward Close, Kirton.

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