Brompton Bike Hire Ltd
Registered name: BROMPTON BIKE HIRE LTD
Part of Brompton Bicycle Ltd groupBrompton Bike Hire Ltd made £1.3m revenue and a £67.8k loss in the year to 31 Mar 2023.
Brompton Bike Hire Ltd’s revenue grew 13% to £1.3m in the year to 31 Mar 2023, with a loss of £67.8k and 7 employees. The company is classified under “renting and leasing of other machinery, equipment and tangible goods” and is based in Greenford; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Greenford, London
- Age
- 16 yrs · since 2010
- 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £1.1m | £1.3m |
| Cost of sales | £365k | £612k |
| Gross profit | £758k | £655k |
| Operating profit | −£118k | −£67.8k |
| Profit before tax | −£118k | −£67.8k |
| Profit after tax | −£118k | −£67.8k |
| Profit (best available) | −£118k | −£67.8k |
| Employees (average) | 7 | 7 |
| Ratios | ||
| Profit margin | −10.5% | −5.3% |
| Gross margin | 67.5% | 51.7% |
| Revenue per employee | £161k | £181k |
| Profit per employee | −£16.8k | −£9.7k |
| Growth (year on year) | ||
| Revenue growth | — | ▲12.7% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £197k | £241k |
| Net assets | −£639k | −£707k |
| Fixed assets | £74.2k | £132k |
| Current assets | £989k | £701k |
| Debtors | £517k | £268k |
| Deferred income | £668k | £666k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 |
How the business works
- Profit margin
- −5.3%
- Profit ÷ revenue.
- Gross margin
- 51.7%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £181k
- Revenue ÷ average employees.
- Profit per employee
- −£9.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 10.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 52.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 21.1%
- 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
- —
- Now −£707k
- Cash at bank
- ▲22%
- Now £241k
- Headcount
- 0%
- Now 7
- Deferred income
- ▼0%
- Now £666k
- Fixed assets
- ▲78%
- Now £132k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Brompton Bicycle Ltd (registered outside the UK register)ultimate parent75–100%
- Brompton Bike Hire Ltdthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2023 (profit −£67.8k), from the Companies House accounts bulk data published Dec 2023. 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.