How much does Whyte Bikes Limited make?

Whyte Bikes Limited reported revenue of £13.3m and a loss of £2.9m in the year to 31 Oct 2025, according to its accounts filed at Companies House.

How many employees does Whyte Bikes Limited have?

Whyte Bikes Limited reported an average of 32 employees in the year to 31 Oct 2025.

Is Whyte Bikes Limited profitable?

No — Whyte Bikes Limited reported a loss of £2.9m in the year to 31 Oct 2025.

Company No. 02131034 · Incorporated 12 May 1987

Whyte Bikes Limited

Registered name: WHYTE BIKES LIMITED

Part of Atb 2021 Topco Limited group

Whyte Bikes Limited made £13.3m revenue and a £2.9m loss in the year to 31 Oct 2025.

Whyte Bikes Limited’s revenue grew 20% to £13.3m in the year to 31 Oct 2025, with a loss of £2.9m and 32 employees. The company is classified under “non-specialised wholesale trade” and is based in East Sussex; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46900Non-specialised wholesale trade

Status: Active
Location: East Sussex, South East
Age: 39 yrs · since 1987
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Oct 2025

Key figures

Capital-lightDoing more with less

Revenue

£13.3m

Growth ▲19.8%

Profit

−£2.9m

Growth —

Profit margin

−21.5%

Gross 19.3%

Employees

Change ▼11.1%

Profit / employee

−£89.4k

Revenue/employee £415k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Oct 2023	31 Oct 2024	31 Oct 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£15.9m	£11.1m	£13.3m
Cost of sales	£15m	£9.3m	£10.7m
Gross profit	£821k	£1.8m	£2.6m
Operating profit	−£5.9m	−£4m	−£2.5m
Profit before tax	−£6.1m	−£4.2m	−£2.9m
Profit after tax	−£6.1m	−£4.2m	−£2.9m
Profit (best available)	−£6.1m	−£4.2m	−£2.9m
Staff costs	£3.1m	£2.6m	£2.4m
Employees (average)	46	36	32
Ratios
Profit margin	−38.2%	−37.6%	−21.5%
Gross margin	5.2%	16.3%	19.3%
Revenue per employee	£345k	£308k	£415k
Profit per employee	−£132k	−£116k	−£89.4k
Growth (year on year)
Revenue growth	—	▼30%	▲19.8%
Headcount growth	—	▼21.7%	▼11.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£5.2m	£2m	£665k
Net assets	£2.2m	−£2m	−£4.9m
Fixed assets	£662k	£710k	£475k
Current assets	£10.6m	£6.4m	£6.2m
Debtors	£1.4m	£950k	£1.7m
Source	FullAccounts · bulk data Oct 2025	FullAccounts · bulk data Oct 2025	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: −21.5%; Profit ÷ revenue.
Gross margin: 19.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £415k; Revenue ÷ average employees.
Profit per employee: −£89.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 12.8%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now −£4.9m
Cash at bank: ▼67%; Now £665k
Headcount: ▼11%; Now 32
Deferred income: —; Now —
Fixed assets: ▼33%; Now £475k

Corporate ownership

Group structure

Ownership chain

Atb 2021 Topco Limitedultimate parent75–100%
Atb 2021 Midco Limited75–100%
Atb 2021 Bidco Limited75–100%
Whyte Bikes Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

Whyte Bikes (Demo Centres) LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2025 (profit −£2.9m), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.