Troy Lee Designs Ltd

Troy Lee Designs Ltd from Chichester UK is a small, active company founded four years ago. With three employees and £2,886,286 in assets, it operates an e-commerce site selling a range of clothing, helmets, and gear for both motorcycle and bicycle enthusiasts. The company has two directors but no reported owners, a common arrangement for smaller businesses.

The company’s website showcases a wide range of products, catering to both the bike and moto markets. It features a dedicated section for Europe, with a German-language version and Euro pricing, demonstrating a focus on international sales. The site highlights collaborations with brands like Alpinestars and offers a loyalty program, “World’s Fastest Rewards,” aimed at retaining customers. It also has a section for race teams and athletes, showcasing its involvement in the motorsports community.

Financially, Troy Lee Designs Ltd presents a mixed picture. Cash reserves have significantly decreased by 91%, dropping to just £29,000—a concerning trend. Bank borrowings have also increased, and creditors have risen substantially, suggesting the company is relying more on external financing. However, debtors have also increased, which could be a sign of increased sales, but also a potential issue with collecting payments. The company’s net assets have decreased by 110%, which is a big change. While the company is small, meeting two of three criteria for a small business, the decline in equity raises questions about its financial health. The accounts are audited, which is good, but the trends warrant close monitoring.

Registered in England/Wales under the registration number 13026591, with a registered address at PO20 8RC, United Kingdom, Chichester, Unit E1 Hilton Park, Church Farm Lane, East Wittering.

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