Lime bike profits double as rider numbers surge in England
Summary
Lime, a company that rents electric bikes and scooters, has seen its profits more than double in England due to more people using its services. The company added thousands of bikes and expanded to new cities while facing some safety and parking issues.Key Facts
- Lime’s monthly users in England grew by 31% to nearly 700,000.
- The company added over 4,500 electric bikes and scooters, bringing its total to almost 38,000.
- Sales increased by one-third to £148 million in 2025.
- Profits rose from £1.7 million to £4.7 million the same year.
- Lime operates in several English cities like London, Oxford, Nottingham, Milton Keynes, and Salford.
- It employs 54 people in the UK but relies mostly on self-employed workers to manage the bikes.
- Local councils have seized thousands of bikes, mainly due to complaints about blocked paths and unsafe parking.
- Lime introduced a safer, smaller bike model with batteries moved to the rear after criticism.
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