End of an Era for Renowned Bicycle Maker

Molly Monks - IP at Parker Walsh
June 4, 2024

A renowned British bicycle manufacturer is set to enter voluntary liquidation after nearly 80 years of crafting bespoke bicycle frames.

Mercian Cycles, established in 1946 and based in Derby, has built a legacy of handcrafting custom bikes throughout its history. The company’s creations have been favoured by cyclists setting world records and adventurers travelling the globe.

The Opus Business Advisory Group, representing the company, confirmed that Mercian Cycles is entering voluntary liquidation. When approached by the BBC, the owner declined to comment.

One notable cyclist, Leigh Timmis, embarked on a 44,000-mile journey around the world from 2010 to 2017 on a Mercian bike. Timmis praised the bike, stating, "It was the perfect bike for the job. It was specifically made for that touring adventure." He highlighted the custom-built nature of Mercian's products, tailored to each rider's style, which contributed to the comfort and durability of his journey. "It didn't even get through a full set of wheels; they went round the world, and the frame endured many challenges," Timmis said. "They provided such a strong bike; it could do anything."

Reflecting on Mercian’s closure, he added, "Mercian is iconic of Derby for me, almost as much as the Rams or Rolls-Royce. To think we will be without Mercian now is sad."

Over the years, Mercian Cycles has operated from various locations in Derby. In 1971, it moved from London Road to a larger premises in Normanton, and in 1984, it relocated to Alvaston. In 2018, the shop closed, and all operations were consolidated at its workshop on Pontefract Street.

In 2006, Sir Paul Smith designed a special range of bikes to celebrate the company's 60th anniversary. He remarked, "They're very light, hand cut, hand painted; they've done a beautiful job."

Photo by Lucas Canino on Unsplash

Steven Gregory
Case Administrator at Parker Walsh

I am Steven Gregory, as a Case Administrator at Parker Walsh, I work together closely with the directors, shareholders, and creditors in implementing corporate recovery and rescue procedures. At Parker Walsh, we can provide you with free confidential advice on all insolvency and rescue procedures.

Phone: 0161 546 8143

WhatsApp: 07822 012199

If you have any questions about your business, we're always happy to help. Our advice is free and confidential.
Why Choose Parker Walsh?
Dedicated Insolvency Practioner
20+ years experience
Straight forward pricing
No referrals - all in-house
Fully regulated & insured
Contact Us

Related Articles

Stapleford Park Hotel Enters Liquidation, Resulting in 92 Job Losses and Cancelled Bookings
Stapleford Park Hotel, a renowned Leicestershire venue, has entered liquidation, resulting in the loss of 92 jobs and cancelled bookings.
Parker Walsh Appointed as Liquidator for Michelin-Listed Restaurant The Old Vicarage
Parker Walsh’s Molly Monks is appointed liquidator for The Old Vicarage as the Michelin-listed restaurant succumbs to the long-lasting effects of the pandemic.
The Body Shop Rescued: 1,300 Jobs Saved as New Owners Step In
The Body Shop's remaining UK stores have been rescued from administration by a consortium led by Mike Jatania, safeguarding 1,300 jobs. The new owners aim for a sustainable future.
Rise in Number of Companies Going Bust, Insolvency Service Reports
Insolvencies in England and Wales rose by 16% year-on-year in July, highlighting ongoing struggles for businesses despite a cautiously improving economic outlook.
Revolution Bars Secures Court Approval for Restructuring Plan to Avert Collapse
Revolution Bars secured court approval for a restructuring plan to prevent collapse, addressing severe financial issues, retaining key sites, and securing creditor support. CEO Rob Pitcher expressed optimism about the future.
Article Categories
If you're worried about business debts, bills or cash-flow, we may be able to put a package together to help.
Call us today for a no obligation chat to see what options you have.
FREE IMPARTIAL ADVICE
0161 546 8143
Latest Articles
Why choose Parker Walsh?
We're one of the few companies who can handle your case entirely in-house
Many companies will take your case and pass it on to a licenced Insolvency Practitioner, like us.
Cut out the middle-man.
Our fees are clear, affordable and agreed up front, so there are no surprises.
Arrange a Call BackThe Insolvency Practitioners Association Logo
Case Studies
CONFIDENTIAL
All consultations are discreet and confidential.
NO ADVICE FEES
We don't charge for our advice. Our friendly team are available via phone or email.
NO REFERRALS
We don't pass on your details to another company. Everything is dealt with in-house

Get in touch with us on 0161 546 8143 or request a callback

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Prefer to WhatsApp? Send us a message and someone will get back to you as soon as possible!