Zest for expansion powers Lime

THE UK branch of shared bikes provider Lime has seen a surge in turnover as it continues to expand across London.

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Lime Technology reported a turnover of £111.3m for 2024, according to newly filed accounts at Companies House.

This figure marks a significant increase from the £63.5m achieved in 2023.

However, the latest accounts also reveal that the company's pretax profit fell from £2.1m to £1.7m during the same period.