Turbo Motorcycles Ltd
- Small
- Active
- 6 years
- 4 employees
- £54,392 (assets)
- Real address
- 1 director
- 1 owner
- Irregular importer
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Turbo Motorcycles Ltd, based in London UK, is a small, active company founded six years ago in 2018. It employs four people and holds £128,127 in assets. The business, run by a solo founder and single director, operates in the sale, maintenance and repair of motorcycles and related parts and accessories. It’s an irregular importer, with its top import category being Electrical machinery and equipment, totaling one month of imports, the last operation being conducted on April 2024.
The company's website, Langen Motorcycles, showcases a unique approach to motorcycle design and manufacturing, collaborating with Vins Motors to create artistically crafted icons. It emphasizes a "Langen Process"—a journey of conceptualisation, engineering, testing, customisation, and personalised delivery. The website highlights the company's commitment to innovation and emotion, offering limited-edition models and inviting customers to secure their individual masterpiece. The site also features news updates, insights, and a newsletter signup, suggesting an active engagement with its customer base.
Financially, Turbo Motorcycles Ltd shows some interesting trends. Cash reserves increased by 19% to £120,000, while current assets grew by 18% to £130,000. However, bank borrowings decreased by 30% to £26,000, and creditors increased by 45% to £42,000 within a year. The company’s size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the increase in creditors suggests a need to manage short-term debt. The company’s equity increased by 33% to £65,000, a positive sign, but it’s important to note that the figures are unaudited, and the company is exempt from an audit as a small company.
Overall, Turbo Motorcycles Ltd appears to be a growing business with a strong brand identity and a focus on high-quality products. While the increase in creditors is a point to watch, the company’s financial health seems stable, and it’s positioned for continued success.
Registered in England/Wales under the registration number 11528311, with a registered address at E3 4JS, England, London, Arch 433 - 434 Ackroyd Drive, Burdett Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 6 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 6 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2024-08-31Download 6 pages pdf report
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Confirmation statement made on 2024-08-12 with no updatesDownload 3 pages pdf report
-
Change of details for Mr Clever Quixabeira Lobo as a person with significant control on 2024-06-21Download 2 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Turbo Motorcycles Ltd
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