Customer Concerns As Cycle Retailer Ubyk Ceases Trading
Peter Stuart 2 Jan 2019 The status of outstanding orders remains unclear as Ubyk ceases trading but has not yet been registered for insolvency UK bike store and e-commerce website Ubyk has reportedly entered liquidation, leaving many online commentators complaining of unfulfilled orders worth thousands of pounds. In a statement acquired by Cycling Industry News , it was confirmed that the independent cycling retailer, which operates stores in Brighton and Oxfordshire, had entered into liquidation as a result of 'trading troubles'. Another company, Peak Bikes, is understood to be attempting to take on the assets, equipment, website and stores of the company. However, the current status of the company is somewhat opaque. An automatic response to all email addresses offered for contact claims that Ubyk has stopped trading, but at present its Companies House records do not indicate any insolvency action and suggest the company is still active. The Gazette, ...
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