Skip to main content
See every side of every news story
Published loading...Updated

Major UK cycling company closes after 22 years as it enters administration

The Bristol-based distributor supplied Cannondale, Castelli and Sidi before collapsing, and about 42 staff lost their jobs, The Times reported.

  • On Friday, May 29, 2026, Bristol-based cycling distributor Saddleback ceased operations after 22 years in business, confirming via email it is "no longer operational."
  • Falling into administration, Saddleback has "filed a notice of intention to appoint administrators," according to TheBusinessDesk, triggering the company's closure.
  • Around 42 staff members lost their jobs following the collapse, which served as the official UK home for cycling brands including Cannondale and Castelli.
  • Widespread store closures have marked 2026 for the UK high street, with major retailers including LK Bennett and Claire's entering administration after closing all locations.
  • Despite the retail turmoil, the landscape remains mixed; major brands including Aldi and Superdrug continue announcing new store openings for 2026.
Insights by Ground AI

28 Articles

The Herald ScotlandThe Herald Scotland
+22 Reposted by 22 other sources
Lean Left

Major UK cycling company closes after 22 years as it enters administration

Major UK cycling company, Saddleback, is "no longer operational" after collapsing into administration.

·Scotland, United Kingdom
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 81% of the sources are Center
81% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

GB News broke the news in London, United Kingdom on Monday, June 1, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal