The Electric Bike Shop Ltd

The Electric Bike Shop Ltd, based in Bristol, UK, is a small holding company with an active status. Established ten years ago in 2014, it employs 53 people and holds £3,088,184 in assets. The company operates from a real address and is managed by three directors and one owner. It runs an e-commerce site and regularly imports vehicles, parts, and accessories—a consistent activity over the past eleven months.

The company’s website showcases a wide range of electric bikes from leading brands like Cube, Haibike, and Tern. It caters to diverse needs, offering leisure, hybrid, commuter, and mountain bikes, alongside cargo bikes and accessories. The site is well-organized, with clear categories for price range, rider type, and specific components. It even offers a range of services, including bike servicing and finance options. The website clearly emphasizes its position as a specialist retailer, providing expert advice and a comprehensive selection of products.

Financially, The Electric Bike Shop Ltd presents a mixed picture. While bank borrowings decreased by 27%, cash reserves increased significantly by 60% to £1.2 million. However, net assets declined by a substantial 1800%, resulting in a negative equity of -£1.5 million. Trade creditors increased by 61%, suggesting potential challenges in managing short-term liabilities. Despite this, the company’s turnover increased by 14%, indicating strong sales performance. The average number of employees increased by 13%, suggesting expansion. The lack of a named auditor is typical for a small company, meaning the figures are unaudited.

Overall, The Electric Bike Shop Ltd seems to be experiencing growth in sales and customer base, but the significant decrease in equity raises concerns about its long-term financial health. The company’s reliance on imports and the competitive nature of the electric bike market could pose ongoing challenges.

Registered in England/Wales under the registration number 09097113, with a registered address at BS6 7PF, England, Bristol, 4-6 Etloe Road 4-6 Etloe Road.

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