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Posted 20 hours ago

Cycloc Solo - Wall Mount Bike Storage Rack – Vertical and Horizontal Cycle Storage - Blue

£14.975£29.95Clearance
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About this deal

Statement from Andrew Lang, company founder "This was an incredibly difficult decision to make, particularly as we have a development pipeline of new products, but it was personally important to me to wind operations down whilst the company is still solvent and without owing creditors. I'm having to press pause for now to take some time away and evaluate what form Cycloc might be able to take in the future."

In an article published in the Guardian earlier this year, Cycloc revealed that the United Kingdom’s departure from the European Union, which prior to Brexit accounted for 50 per cent of its business, had cost it a quarter of its turnover. I agree but suspect that the right have crushed more than just British business these last thirteen years. Still they can't crush hope...can they?On the demand side the failure to provide a rational system for economic migration aligned to our national interest is a clear failure of government. The old idea that we need more people to boost our industrial output is not very convincing given the automation that is usual in manufacturing. The end of BoE Quantitative Easing (printing money) was bound to be big and the 15 consecutive hikes in base rate were bound to have an impact on the biggest financial commitment that people make. So a price slow but not crash is the best to be expected, and the effect of QE largely remains on making housing cost so many multiples of income that it seem far off to impossible. I can’t take too much credit for Andrew’s realisation; mentoring is about listening and asking some guiding questions and helping people think about the best way forward, said Dan, himself an alumnus of the British Library programme. Keeping your bike steady and safe against your wall, either balanced on your floor or hung high and out of the way, the impressive Cycloc mount uses a hook and pad system to let your bike take pride of place in your garage, apartment or living room. Attaching to your wall with a four-point fixing system, this sturdy two-piece holder is built from a glass-reinforced polypropylene, equipped with rubber inserts which protect the paintwork of both your bike and your support.

Head of marketing Patron McCleary explained how the focus has now turned to being "reactive" and trying to tap into new markets in the US, Asia, Australia and South Africa. Cycloc have been an innovator in design-led bicycle storage solutions since we launched our first product in 2006. Since then, we've created a family of award-winning products that allow people to integrate cycling into their homes and workplaces. This is something we are immensely proud of, especially as an entirely self-funded venture, manufacturing exclusively in the UK. Lang said, “This was an incredibly difficult decision to make, particularly as we have a development pipeline of new products, but it was personally important to me to wind operations down whilst the company is still solvent and without owing creditors. I’m having to press pause for now to take some time away and evaluate what form Cycloc might be able to take in the future.” We have about half a dozen products in the pipeline that are in a very advanced stage but we've not been able to commit the capital to bring those to the market yet because of the other Brexit costs and problems we’ve been confronted with.” Cycloc is in brand partnerships with iconic bike producer Pinarello across the UK, and internationally with fitness technology brand Wahoo, who use Cycloc products in their new HQ in Atlanta, Georgia and Sports Science Centre in Boulder, Colorado.

Feedback Sports Velo Hinge Bike Storage Hook

Underlining that the company remained committed to making its products in the UK, he said: “"It is very disappointing. I am a naturally optimistic person, but in a sense it is very difficult to be positive. The government did not comment on Cycloc’s experience. A spokesperson said the Trade and Cooperation Agreement (TCA) it signed in December 2020 was “the world’s largest zero-tariff and zero-quota deal” and it had established the Export Support Services “so businesses can make the most of the TCA”. One of the things that is quite disappointing about this whole process is that from the outset, we made an active decision to manufacture in the UK. I don't believe that everyone who voted Remain is acting like a spoilt child - most of us would be happy to see some tangible benefits from the whole Brexit fiasco and would be prepared to say "you know what, maybe it was a good idea but certainly not because of the reasons given before the vote". However, we are yet to see any benefits that I know of - let me know if you find any.

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