Overview
- Frog Bikes, which appointed Anthony Wright and Alastair Massey of FRP Advisory as administrators on February 19, has begun redundancies.
- FRP says 15 roles have gone from a workforce of 49 at the time of appointment.
- The company continues to sell through its website, though some models are now listed as out of stock.
- Administrators report several prospective buyers have already expressed interest in acquiring the business.
- The owners cite tight funding, Brexit costs, and post‑pandemic supply chain problems, including a £250,000 Brexit hit in 2021 and a £500,000 loss in 2023.