Upgrade Bikes Limited
Active04608351Wholesale & retailIncorporated 4 Dec 2002 · Worthing
Revenue
£10.9m
▼ -27.2% vs prior ~12m period
Profit after tax
£880k
Margin 11.6%
Employees
32
▲ +3.2% vs prior ~12m period
Net assets
£7.2m
Total assets £9.2m
Financial history
Revenue by accounting period
7 periods available · ▲ growth ▼ decline
Dec 2019Not available
Dec 2020
£15.9m
Dec 2021
£14.9m▼ -5.8%
Dec 2022
£10.9m▼ -27.2%
Dec 2023Not available
Dec 2024Not available
Dec 2025Not available
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2025 | — | — | — | 32 | £7.2m |
| 31 Dec 2024 | — | — | — | 31 | £6.9m |
| 31 Dec 2023 | — | — | -£571k | 31 | £6.8m |
| 31 Dec 2022 | £10.9m | ▼ -27.2% | £1.1m | 32 | £9.1m |
| 31 Dec 2021 | £14.9m | ▼ -5.8% | £2.7m | 31 | £8.4m |
| 31 Dec 2020 | £15.9m | — | £3.0m | 30 | £7.8m |
| 31 Dec 2019 | — | — | — | — | £5.6m |
Latest available figures
Period ending 31 Dec 2022. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £10.9m
- Gross profit
- £1.9m
- Operating profit
- £1.3m
- Profit before tax
- £1.1m
- Profit after tax
- £880k
Balance sheet
- Total assets
- £9.2m
- Cash
- £4.1m
- Total liabilities
- £2.0m
- Net assets
- £7.2m
- Revenue per employee
- Not available
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