Tweed Valley Bikes Limited

Tweed Valley Bikes Ltd from Innerleithen UK: a small, holding company with an active status, was founded 18 years ago. It employs 11 people and holds £535,830 in assets. The company has three directors and one owner, and operates an e-commerce site. It's a regular importer of vehicles, parts, and accessories (not for trains or trams), with 8 months of import activity recorded.

The company's website showcases a wide range of products, including bikes, frames, ridewear, and components from top brands like Santa Cruz, Ibis, and Cannondale. It also offers services like suspension servicing and guiding, and even has a demo hire program. The site's blog features bike checks and interviews, adding a personal touch. The company also operates a service center and offers guiding and coaching services.

Financially, Tweed Valley Bikes Ltd’s performance shows some concerning trends. Current assets have decreased by 24%, dropping to £540,000. Net assets have plummeted 71%, now sitting at £120,000. Bank borrowings have increased significantly, rising by 2,400% to reach £29,000. Cash reserves have fallen 30%, now at £140,000. Creditors, however, have decreased by 18%, suggesting improved debt management. The company meets two of three criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor (likely exempt due to its small size) means the figures are unaudited.

The company's financial situation suggests it's facing some pressures, despite its strong brand and diverse offerings. The significant drop in equity is a particular concern, and it’s unclear if the company is burning through money. The company’s holding status, meanwhile, implies it may have other ventures or investments that could be impacting its overall performance.

Registered in Scotland under the registration number SC317513, with a registered address at EH44 6HF, Scotland, Innerleithen, Peebleshire, 60 High Street.

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