The administrators and Joint Managers, Alistair McAlinden and James Dewar of Interpath, have completed the sale of Edinburgh Bicycle Co-operative to Alistair McAlinden and James Dewar in a deal that “secures the future of the brand, including four stores”.
The Edinburgh Bicycle Co-operative was established in 1977, and is a “retailer of premium cycling brands to recreational and commuter cyclists”. The business formerly traded from six retail stores and had a distribution centre in Newbridge.
Sales have declined and this has been attributed to inflation which has affected consumer spending. The leadership team established a turnaround plan to strengthen the company’s financial position, but sustained trading losses gave rise to cash flow difficulties.
The lack of cash affected the ability to meet liabilities and secure any additional borrowing.
Without a viable solvent solution, the business was unable to continue.
Alistair McAlinden and James Dewar were appointed as Joint Managers on 1 October 2026, and subsequently on 2 October 2026 completed the sale of the business and certain assets to Rothar26 Limited, a company led by Edinburgh Bicycle Co-operative Managing Director, Alan Nestor.
As part of the deal, the stores in Stockbridge (Edinburgh), Bruntsfield (Edinburgh), Newcastle and Stirling will transfer to the buyer, with 35 staff.
The store in Aberdeen and the business’ distribution centre are not part of the transaction and has closed. The store in Canonmills (Edinburgh) had already closed prior to the appointment. The remaining 25 members of staff have been made redundant.
The business will continue to trade under the Edinburgh Bicycle Co-operative brand. As part of Rothar26 Limited, it will honour all gift vouchers, which can be presented by customers at any of the four open stores in the normal manner. Customers who have placed orders or have bikes in shop will have those fulfilled and should complete their purchase as usual.
For customers to the Aberdeen store, customer deposits have been ring-fenced and will be returned by the joint managers. The Joint Managers will arrange with customers the collection of any bikes in this store for repair.
Alistair McAlinden, managing director Interpath and joint manager of Edinburgh Bicycle Co-operative Limited, said: “The Edinburgh Bicycle Co-operative brand has been part of the fabric of the cycling community for decades. Despite a loyal customer base and commitment to a turnaround plan, it could not overcome persistent economic challenges. We are pleased to have completed a transaction that will see the brand continue and wish the buyer every success.
“Unfortunately, the economics of the business meant that not all operations could be rescued and our immediate priority is to support impacted staff through this difficult period in making claims to the Redundancy Payments Service.”
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