The Bike Lounge Limited

The Bike Lounge Ltd from Nottingham UK: a small, active company founded five years ago, employs one person, and holds £104,838 in assets. It's a real address, managed by two directors and one owner, who is also the solo founder. The company operates an e-commerce site and enjoys a solid Google rating of 4.0 based on 122 reviews. It regularly imports vehicles, parts, and accessories (excluding trains and trams), with five months of import activity recorded.

The Bike Lounge is a bicycle shop, offering a wide range of products from accessories and clothing to complete bikes and components. Its website showcases a comprehensive inventory, including brands like Abbey Bike Tools, Absolute Black, and Basso. It’s clear they cater to both casual cyclists and serious enthusiasts, offering everything from essential tools to high-end components. The site also features a news section and workshop information, suggesting a community-focused approach.

Financially, The Bike Lounge Ltd presents a mixed picture. Current assets increased by 73% to £100,000, which is good news. However, net assets dropped significantly by 110% to just £800. Bank borrowings have risen dramatically by 250% to £16,000, and cash reserves decreased by 16% to £3,900. Creditors increased by 37% to £120,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so these are unaudited figures. The increase in borrowings and decrease in cash suggest the company may be investing in inventory or expansion, but it’s also facing pressure to manage its debts. It’s possible that the recent import activity contributed to these changes.

Registered in England/Wales under the registration number 12539509, with a registered address at NG9 2PH, England, Nottingham, 146 Wollaton Road, Beeston.

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