The Uk Electric Bike Company Ltd

The Uk Electric Bike Company Ltd, based in Farnham, UK, is a small, active company founded eleven years ago in 2013. With eight employees and £2,733,084 in assets, it operates from a virtual address shared by forty-one other companies, a detail that raises a few questions. The company is led by a solo founder, Brown Martin Paul, who also serves as director and owner. It regularly imports and exports vehicles, parts, and accessories (not for trains or trams), with 10 months of import activity and 22 months of export activity recorded. The company’s website showcases a wide range of electric bikes, from leisure models to high-performance mountain bikes, catering to various budgets and rider types. It also sells accessories, parts, and maintenance services.

The website, The Electric Bike Shop, functions as a fully-fledged e-commerce platform. Visitors can browse by bike type, price range, or brand, and the site features detailed product descriptions, customer reviews, and helpful buying guides. The site also highlights brands like Cube, Haibike, and Lapierre, and offers services like finance options and cycle-to-work schemes. It’s clear the company is focused on providing a comprehensive online experience for electric bike enthusiasts.

Financially, The Uk Electric Bike Company Ltd shows some concerning trends. Cash bank on hand has plummeted by a significant 69%, dropping to £370,000, a considerable decrease. Net assets have also declined by 8.6%, settling at £2,500,000. While finished goods have increased by 19%, rising to £2,100,000, and creditors have decreased by 36%, dropping to £410,000, the sharp decline in cash reserves is a point of attention. 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 suggests a need for careful financial management. As a small company, it is exempt from an audit, so the financial statements are unaudited. The company’s continued import and export activity, coupled with its robust online presence, suggests it’s working hard to maintain momentum, but the financial figures indicate a need to address the cash flow situation.

Registered in England/Wales under the registration number 08775019, with a registered address at GU9 7NU, England, Farnham, Surrey, 12 Borelli Yard.

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