Ibd Bikes UK Limited
Registered name: IBD BIKES UK LIMITED
Ibd Bikes UK Limited made £17.3m revenue and a £8m loss in the year to 30 Dec 2024.
Ibd Bikes UK Limited’s revenue fell 19% to £17.3m in the year to 30 Dec 2024, with a loss of £8m and 26 employees. The company is classified under “manufacture of bicycles and invalid carriages” and is based in Harrogate; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Harrogate, Yorkshire and The Humber
- Age
- 17 yrs · since 2009
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Dec 2023 | 30 Dec 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £21.5m | £17.3m |
| Cost of sales | £23.4m | £17.7m |
| Gross profit | −£1.9m | −£339k |
| Operating profit | −£7.4m | −£7.1m |
| Profit before tax | −£8.2m | −£8m |
| Profit after tax | −£8.2m | −£8m |
| Profit (best available) | −£8.2m | −£8m |
| Employees (average) | 58 | 26 |
| Ratios | ||
| Profit margin | −38% | −46.1% |
| Gross margin | −9% | −2% |
| Revenue per employee | £370k | £666k |
| Profit per employee | −£141k | −£307k |
| Growth (year on year) | ||
| Revenue growth | — | ▼19.3% |
| Headcount growth | — | ▼55.2% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £0 | — |
| Net assets | £4.1m | −£3.9m |
| Fixed assets | £328k | £65.6k |
| Current assets | £18.8m | £12.8m |
| Debtors | £2.7m | £5.3m |
| Source | FullAccounts · bulk data Jan 2026 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- −46.1%
- Profit ÷ revenue.
- Gross margin
- −2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £666k
- Revenue ÷ average employees.
- Profit per employee
- −£307k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 30.5%
- Money owed by customers. Low = customers pay quickly.
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
- ▼194%
- Now −£3.9m
- Cash at bank
- —
- Now —
- Headcount
- ▼55%
- Now 26
- Deferred income
- —
- Now —
- Fixed assets
- ▼80%
- Now £65.6k
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 30 Dec 2024 (profit −£8m), from the Companies House accounts bulk data published Jan 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.