UK sports retailer plunges into administration - in business since 2004

UK sports retailer plunges into administration - in business since 200442 redundancies will be made. Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Catherine Mackinlay, News Reporter 21:54, Mon, Jun 1, 2026 Updated: 21:55, Mon, Jun 1, 2026 The high-end cycling firm supplied bikes, accessories and clothing for more than two decades (Image: Getty)A high-end cycling company has collapsed into administration, resulting in 42 redundancies after struggling with mounting financial pressures. Saddleback, based in Yate near Bristol, has ceased trading after 22 years supplying bikes, cycling accessories and clothing to customers across the UK. window.scriptsToLoad.push({url:'https://live.primis.tech/live/liveView.php?s=118222&vp_content=plembed3a6btjknzwqh&cbuster=%%CACHEBUSTER%%&playerApiId=v118222',triggeredBy:'tcfLoaded',delay:1500,containerId:'ovp-primis',title:"Primis player",beforeLoad:()=>{window.top.addEventListener('primisPlayerInit',e=>{try{if(e.detail&&e.detail.playerApiId==="v118222"){if(window.document.getElementsByClassName('jwplayer')[0]){e.detail.float('disable')}}}catch(e){}})},}) Joint administrators Jonathan Dunn and Matt Whitchurch said their immediate focus was supporting staff affected by the closure. Mr Dunn said: "Our immediate priority is supporting those employees who have been made redundant and helping them access financial support." The company's collapse comes amid ongoing challenges in the cycling sector, with administrators citing increasingly difficult trading conditions. Article continues below ADVERTISEMENT Get personal finance news, money saving tips and advice plus selcted offers and competitions Subscribe Invalid emailWe use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. Read our Pr...