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Lime bike profits double as rider numbers surge in England
Lime's UK profits more than doubled to £4.7m in 2025, driven by a 31% rise in users. Concerns over safety and infrastructure remain.

Lime’s UK profits more than doubled to £4.7m in 2025, according to accounts filed at Companies House, as rider numbers surged by 31% to nearly 700,000 monthly users. The company added over 4,500 ebikes and scooters to its fleet, bringing the total to almost 38,000. Sales rose by a third to £148m, driven by expansion into new cities such as Oxford and Nottingham, alongside its existing presence in London, Milton Keynes and Salford.
Lime’s UK operations, managed by Lime Technologies, employed just 54 people in 2025, up from 39 in 2024, due to reliance on self-employed contractors for fleet management and maintenance. The company, part-owned by Uber, is part of Neutron Holdings, which listed on the Nasdaq in 2025 at a valuation of $1.7bn. Wayne Ting, Lime’s CEO, noted in 2025 that the company was engaging with UK municipalities on licensing and operational standards.
The English devolution bill, passed in April 2025, grants local authorities new powers to regulate rental ebike operators, including setting parking, safety and accessibility standards. London’s transport body estimated in 2024 that one in 10 of the 1.5m daily cycle journeys in the capital involved dockless ebikes such as Lime, Forest and Voi. The rise in cycling has been supported by celebrity endorsements, including Timothée Chalamet and Kim Kardashian.
However, safety concerns have grown, with rented bikes reportedly responsible for almost a third of cyclist-pedestrian collisions requiring police intervention. Riders have also been injured by defective bikes or suffered fractures from the weight of the bicycle falling on them, a condition known as 'Lime bike leg'. In response, Lime introduced a smaller, redesigned ebike model with batteries repositioned toward the back wheel, now in use in over 1,500 units in England.
The company claims that more than 99.99% of Lime trips in London in 2025 ended without reported incidents. Charities representing blind residents and people with limited mobility have raised concerns about the impact of chaotic bike parking on accessibility in London. A Guardian investigation found that London boroughs seized at least 3,000 ebikes this year, 2,000 of which were Lime bikes, as local authorities push for better management of rental bike clutter on pavements.
The company’s expansion continues amid regulatory and public scrutiny, with the potential for further policy intervention as local authorities gain more control over ebike operations.