Westbrook Cycles Limited

Westbrook Cycles Ltd, based in Middlesbrough, UK, is a small, family-run business with an active status. Established sixteen years ago in March 2009, the company employs twelve people and holds £1,324,048 in assets. Operating from a real address and managed by two directors and owners, it’s a tight-knit operation with a dedicated e-commerce site. The company irregularly imports clothing and accessories made by knitting or crocheting, with just one month of import activity recorded, and regularly exports vehicles, parts, and accessories—ten months of export activity were noted.

The company’s website showcases a vast range of products, from mountain bikes and road bikes to components, clothing, and footwear. It caters to a broad customer base, offering brands like Scott, Giant, and Pinarello, and provides services like bike assembly and part finding. The website also highlights a workshop pricing service, indicating a commitment to customer support and maintenance.

Financially, Westbrook Cycles Ltd shows a mixed picture. Current assets remained steady at £1,300,000, while net assets declined slightly to £1,900,000. Bank borrowings decreased by 10%, reaching £44,000, and cash reserves increased by 2.1% to £600,000. Creditors increased by 16%, suggesting a need for better debt management. The company’s small 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 warrants attention. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s focus on both retail sales and export activities suggests a diversified business model, but the increase in creditors indicates potential financial pressures. Whether the company can maintain its growth trajectory and navigate these challenges remains to be seen—but for now, Westbrook Cycles Ltd is betting on its product range and customer service to drive success.

Registered in England/Wales under the registration number 06841321, with a registered address at TS9 7AE, England, Middlesbrough, Unit 9 Terry Dickens Industrial Estate, Stokesley.

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