Alpkit enters administration having “faced incredible challenges over the last three years”

January 27, 2026

Alpkit has entered administration after three difficult years, and is in talks with a new owner and investment partner in an attempt to secure the bicycle and outdoors brand’s future.

In a letter sent to shareholders via the investment platform Crowdcube, Alpkit CEO and co-founder David Hanney writes: “It is an extremely sad day for everyone at Alpkit, and for us co-founders in particular. Today, we are confirming that the Board has accepted that we must place Alpkit into administration.”

“We’ve faced incredible challenges over the last three years,” Hanney adds. These include cost inflation, a challenging market and “new trade barriers coupled with the rising weight of interest rates and recovery loan repayments”. bikeradar