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

Eight popular UK high street shops that have vanished since 2016
Business insolvency expert Molly Monks explains why eight once-iconic UK high street brands collapsed after 2016, revealing the financial pressures and structural changes behind their disappearance.
Hotel industry warns of job losses as business rates set to rise sharply
Hotel groups warn soaring business rates could force job cuts and higher prices, urging government support for all hospitality businesses as relief ends and new property valuations drive sharp increases.
British Pubs Record Daily Closures Amid Mounting Cost Pressures
British pubs faced severe pressure in 2025, with daily permanent closures driven by rising costs, higher business rates and structural challenges threatening the future of local community venues.
Rising Business Costs Leave Hospitality Owners Under Pressure After Autumn Budget
Hospitality operators warn that rising business rates, wages and National Insurance costs following the Autumn Budget could force redundancies and closures, despite government claims of significant sector support.
Pubs Face Intensifying Financial Strain After Business Rates Overhaul
Pubs warn of rising costs and closure risks after business rates reforms announced by Rachel Reeves, despite government claims of long term relief.
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

Send us a message

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!