Velo Bavarian Ltd

Velo Bavarian Ltd from Belper UK is a small, active company founded four years ago. With three employees and £227,070 in assets, it’s a family business operating an e-commerce site and boasting a stellar 5.0 Google rating from 121 reviews. The company irregularly imports clothing and accessories, not knitted or crocheted, with the last import occurring one month ago. It’s a real address, with two directors and two owners reported.

The company specializes in the retail sale of sports goods, fishing gear, camping goods, boats, and bicycles. Its website, Velo Bavarian, showcases a wide range of road, gravel, electric, and triathlon bikes from brands like Argon 18, Cannondale, Cervlo, Colnago, Pinarello, Merida. They also offer bike servicing, runrides, and even host demo days for potential customers to test out different models. The site highlights a commitment to premium stock and aftercare, promising honest service and a supportive cycling community.

Financially, Velo Bavarian Ltd’s numbers present a mixed picture. Current assets have increased by 33% to £230,000, which is good, but net assets remain relatively stable at £34,000. Bank borrowings have increased by 80% to £160,000, and creditors are up significantly at £110,000, suggesting increased reliance on credit. Cash reserves have also increased by 16% to £28,000. The company’s small size (meeting two of three criteria for being a small company) allows for agility, but the rise in creditors could indicate a need to manage cash flow more carefully. As a small company, it is exempt from an audit, so the figures are unaudited.

The company's financial data shows a trend of growth in assets, but also a reliance on credit. It’s possible that the increased borrowing is linked to inventory purchases to meet growing demand, or perhaps to fund website improvements and marketing efforts. The lack of employees (three reported) suggests a lean operation, but it could also limit the company's ability to scale its business quickly.

Registered in England/Wales under the registration number 12632430, with a registered address at DE56 4FQ, England, Belper, 109-113 Derby Road, Duffield.

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