Cycloc says ‘Kafkaesque’ rules have cost it £100,000 in latest tale of how EU exit is harming small firms
has buckled his business and left him with a £100,000 hole in revenues, accusing the government of failing to do enough to mitigate its impact on British small exporters.
Cycloc’s products have been a British small business success story with its striking wall hangers popular with owners of expensive wheels who want to store them safely inside. They are used by some of the world’s leading cycle brands including Pinerello, whose bikes can sell for as much as £15,000. By the time Brexit came along, business was flying with 10,000 units sold in the EU each year and annual turnover hitting £450,000.
The company made every effort to beat what Lang calls “Kafkaesque” Brexit red tape by opening up a warehouse in the Netherlands at the end of 2021 to ensure costly paperwork would only have to be done per truckload crossing from Dover rather than per individual unit.
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