Troy Lee Designs Ltd
- Active
- Small
- 5 years
- 2 employees
- £931,514 (cur assets)
- 1m-15m
- Virtual address
- 2 directors
- No owners
- Portsmouth
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Troy Lee Designs Ltd from Chichester UK is a small, active company founded four years ago. With three employees and £2,886,286 in assets, it operates an e-commerce site selling a range of clothing, helmets, and gear for both motorcycle and bicycle enthusiasts. The company has two directors but no reported owners, a common arrangement for smaller businesses.
The company’s website showcases a wide range of products, catering to both the bike and moto markets. It features a dedicated section for Europe, with a German-language version and Euro pricing, demonstrating a focus on international sales. The site highlights collaborations with brands like Alpinestars and offers a loyalty program, “World’s Fastest Rewards,” aimed at retaining customers. It also has a section for race teams and athletes, showcasing its involvement in the motorsports community.
Financially, Troy Lee Designs Ltd presents a mixed picture. Cash reserves have significantly decreased by 91%, dropping to just £29,000—a concerning trend. Bank borrowings have also increased, and creditors have risen substantially, suggesting the company is relying more on external financing. However, debtors have also increased, which could be a sign of increased sales, but also a potential issue with collecting payments. The company’s net assets have decreased by 110%, which is a big change. While the company is small, meeting two of three criteria for a small business, the decline in equity raises questions about its financial health. The accounts are audited, which is good, but the trends warrant close monitoring.
The company operates in Retail → Online & mailorder; Wholesale → Clothing and footwear.
Registered in England/Wales under the registration number 13026591, with a registered address at PO3 5GR, England, Portsmouth, Unit 7, Sonar Portsmouth, Limberline Road.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Managers
-
Individual
- 4 years
-
Resident of United States
-
Individual
- 4 years
-
Resident of United States
Last reports
The latest confirmation statement submitted eight months ago.
Last news
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Accounts for a small company made up to 2024-12-31Download 10 pages pdf report
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Compulsory strike-off action has been discontinuedDownload 1 page pdf report
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First Gazette notice for compulsory strike-offDownload 1 page pdf report
FAQ about Troy Lee Designs Ltd
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