Overview
- Saddleback, a Bristol‑based distributor founded in 2004, stopped operating and filed a notice of intention to appoint administrators with an automated message saying it was no longer operational on Friday May 29, 2026.
- All 42 employees have been made redundant after staff were told the business had closed and administrators were expected to be appointed imminently.
- The collapse followed years of losses and the near‑term loss of major supplier deals when ENVE ended its relationship in February and Cannondale withdrew to a direct‑to‑dealer model in March.
- Companies House filings show consecutive pre‑tax losses of about £2.3 million and £1.6 million in prior years, and Saddleback had briefly boosted turnover by about £10 million when Cannondale joined before that partnership ended.
- Customers have been told to contact brands directly for support and the failure raises short‑term uncertainty over UK distribution for several high‑end cycling labels and possible wider supply impacts for retailers and riders.