Talio Limited

Talio Electric Bikes, based in Bradford, UK, is a small, active company founded eight years ago in 2017. With two employees and £183,688 in assets, it operates from a virtual address shared by many other businesses – a bit unusual, really. Two directors and one owner steer the ship, with Mazzella Raffaele Gaetano at the helm. The company’s primary focus is importing vehicles, parts, and accessories (excluding trains and trams), with a consistent record of imports over the past nine months. It also engages in irregular exporting, with just one month of activity recorded.

The company's website, hellotalio.co.uk, paints a vibrant picture of a business dedicated to electric bikes. It’s clearly an e-commerce operation, selling a range of Talio ebikes and offering locations across Europe. The site actively encourages investment and dealership opportunities, and even promotes a “lazy bike tour” in Ireland – a bit of a quirky touch. They’re clearly trying to build a brand around the joy and freedom of electric bikes, with slogans like "Changing lives one ebike at a time."

Financially, Talio Electric Bikes presents a mixed bag. While cash reserves increased by a whopping 99% to £13,000, net assets actually decreased by 27% to -£73,000 – a significant drop. Bank borrowings have surged by an astonishing 2,400%, reaching £13,000, and creditors decreased by 29% to £110,000. Trade debtors also increased by 80% to £37,000, suggesting potential issues with customer payments. As a small company (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it’s exempt from an audit, so the figures are unaudited.

The company’s growth is evident in its expanding dealer network, but the sharp decline in equity raises concerns. It's possible the company is reinvesting heavily in its business to fuel expansion, but the rising debt levels warrant close monitoring. The reliance on a virtual address and the lack of a dedicated accountant (mentioned in the report) also suggest a lean operation, which could be both an advantage and a risk.

Registered in England/Wales under the registration number 10617830, with a registered address at BD1 5LL, England, Bradford, West Yorkshire, Trust House C/O Isaacs, St James Business Park, 5 New Augustus Street.

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