Chartered Accountants

Case Studies

RETAIL SPECIALIST:
Condor Cycles Limited

Condor Cycles was founded just after the war by Monty Young and his partner as a small business building quality bikes and supplying equipment to club cyclists and the Everett Group was involved from the beginning as accountants and business advisors.

Condor was one of a hundred or more small cycling shops all over the country but since then almost all of these small frame-builders/specialists have gone, yet Condor has survived and thrived by continually updating its models, maintaining its commitment to the sport and building its own niche at the heart of cycling.

The business has grown from a small partnership into a multi million pound Limited Company and we at the Everett Group are proud to have been involved in the changing business environment over all those years. We have been able to assist and advise the business and the owners along the way enabling them to build the business of which they can, today, be very proud.

Condor is now a large bustling profitable and professional business in Gray’s Inn Road London expertly run by Grant Young and his team, where enthusiasts, specialists, amateurs and couriers alike can have a quality of service sadly lacking elsewhere and a friendly piece of expert advice from the Condor team : not unlike us here at the Everett Group.

It is the synergy which we have with growing, enthusiastic and professional businesses such as Condor which enables us to act in harmony with the expert business owners to bring out their best qualities and guide them through the maze of compliance and taxation pitfalls.

At a recent major Cycling show in London, where Condor had a prominent presence and were responsible for all the retail sales, Monty Young, the founder, said to Jon Cross: “I am proud to see the business coming so far and being so expertly headed by my son Grant and I have to say that I really don’t think we could have done it without the help of you and all at the Everett Group. The Company has a fantastic image and reputation, as well as being a sound business and I am really glad that there is still such a strong hand on the tiller enabling Grant and his team to continue to take the Company from strength to strength.”

We at the Everett Group currently provide management accounting assistance, taxation and accounting compliance and the whole range of business advisory services to Condor and we shall continue to be involved in the structuring and future planning of this exciting business.

Chartered Accountants

Case Studies

RETAIL SPECIALIST: Condor Cycles Limited

RETAIL SPECIALIST:
Condor Cycles Limited