Vielo Sports Ltd

Vielo Sports Ltd, based in Gateshead, UK, is a small, active company founded 14 years ago in 2010. With four employees and £253,638 in assets, it operates as a solo-founded business with five directors and one owner. The company’s Google rating stands at a perfect 5.0 based on 57 reviews, reflecting a positive customer experience. Vielo Sports Ltd runs an e-commerce site specializing in the import and export of vehicles, parts, and accessories (excluding trains and trams), with 89 months of import activity and 61 months of export activity recorded.

The company’s website showcases a range of high-performance road and gravel bikes, including the popular V1 model, available with various components from Shimano, Campagnolo, and SRAM. It also features a blog and YouTube channel, highlighting industry news, athlete profiles (like Olympic medalist Hamish Turnbull), and product demonstrations. Vielo Sports Ltd even hosts events and test rides, further engaging with its customer base.

Financially, Vielo Sports Ltd presents a mixed picture. Current assets have decreased by 29% to £250,000, while net assets have fallen by 61% to £49,000. Bank borrowings have also decreased by 26% to £110,000, and cash reserves have plummeted 62% to £21,000. Trade debtors have seen a dramatic decline, decreasing by 79% to -£1,800. 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 flexibility, but the significant drop in equity raises questions about its financial health. As a small company, it’s exempt from an audit, relying on unaudited statements. The company’s financial statements were prepared by JBC Management Solutions Ltd.

Registered in England/Wales under the registration number 07338171, with a registered address at NE11 9SZ, Gateshead, Tyne And Wear, 10 Keel Row, The Watermark.

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