Portishead bicycle company closes after going into liquidation


A Portishead bicycle maintenance and repair business went into liquidation and went out of business. Haiko Cycling Limited, which previously traded as Mike’s Bikes (Portishead), operated from a unit on Harbor Road and was run by director Benjamin Jonathan Sachs.

The company has appointed Cornwall Purnells insolvency practitioners Lisa Alford and Chris Parkman as liquidators. An announcement on the public archives website The Gazette said at a meeting earlier this month, Haiko Cycling confirmed that it could not, due to its responsibilities, continue its activities and that it was “advised” to voluntarily liquidate the company.

The news comes just weeks after Haiko Cycling announced plans on Facebook to relocate from its Portishead site and move to a new outlet on Wild Country Lane in Long Ashton in March. The company also planned to launch a new website that would allow customers to pre-book maintenance.

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The company said BristolLive sister site of BusinessLive“It is with deep regret and sadness that we announce that due to unfortunate and unforeseen circumstances, Haiko Cycling has ceased operations.

“It has been our great privilege to serve our community over the past 10 years, we have known so many of you and will always remember your kind words and your endless support. Thank you all. Your Bike Shop local, Haiko Cycling.”

Haiko Cycling, which launched a line of custom apparel in January, was also the title sponsor of FTP Racing’s women’s team for 2022.

The company has asked customers with pending jobs or orders to get in touch using the company’s [email protected] email address.


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