Key facts
- Lime's UK profits more than doubled to £4.7m in 2025.
- UK sales increased by a third to £148m in 2025.
- Average monthly users in the UK rose 31% to nearly 700,000.
- The company added over 4,500 ebikes and scooters to its fleet in 2025.
- Lime's parent company, Neutron Holdings, listed on the Nasdaq at a $1.7bn valuation.
Lime's UK operations saw profits more than double to £4.7m in 2025, with sales rising by a third to £148m, according to accounts filed at Companies House. The surge in earnings was attributed to a 31% increase in average monthly users, reaching nearly 700,000, and an expansion of its fleet by over 4,500 ebikes and scooters to a total of almost 38,000.
The company's progress in the UK was bolstered by its expansion into new cities, including Oxford in 2024 and Nottingham in 2023, adding to its existing presence in London, Milton Keynes, and Salford. Despite the growth, Lime's UK arm employed only 54 people in 2025, up from 39 the previous year, as it relies on self-employed contractors for operational tasks.
Lime's parent company, Neutron Holdings, which is part-owned by Uber, listed on the Nasdaq stock exchange last year with a valuation of $1.7bn. The company, founded in San Francisco in 2017, operates in approximately 230 cities globally. Chief executive Wayne Ting had indicated ongoing discussions with various UK municipalities regarding further expansion.
Recent legislative changes in England, such as the devolution bill passed in April, have granted local authorities enhanced powers to license rental ebike operators and set operational standards. In London, dockless ebikes like Lime's constitute about one in 10 daily cycle journeys. However, concerns persist regarding rider and pedestrian safety, with rented bikes reportedly involved in a significant portion of cyclist-pedestrian collisions requiring police intervention. "Lime bike leg," a phenomenon where riders suffer fractures from falling bikes, has also been noted. Lime has begun deploying a new, smaller ebike model in the UK, with over 1,500 now in operation, following safety criticisms. The company states that over 99.99% of its London trips concluded without reported incidents. Charities representing visually impaired and mobility-impaired individuals have also voiced concerns about pavement obstruction caused by improperly parked rental bikes, leading London boroughs to seize thousands of ebikes, a substantial portion of which were Lime's.