Ribble Cycles on rebound from £5m loss after Covid and Brexit take toll

Firm says 2023 trading has been a “significant improvement” from 2022

(Image credit: Ribble)

Ribble Cycles has reported a £5m loss for the 2022 financial year, but also noted that 2023 has proved a much more stable and positive trading environment.

In accounts filed at Companies House, the Preston-based company reported a pre-tax loss of £4.9m in the year to 6 November 2022, down from a profit of £91,000 the previous year.

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