Activ Cycles Limited

Activ Cycles Premier Independent Bike Shop in Kent is a small, active company founded 20 years ago. Based in Folkestone, UK, it employs 13 people and holds £939,623 in assets. With two directors and a solo founder, Lloyd Ian, the business has a solid 5.0 Google rating from 271 reviews, indicating a strong reputation. The company operates from a real address and is a irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with a single month of imports recorded as of January 2023.

Activ Cycles' website showcases a wide range of bicycles and related equipment. It’s a fully functional e-commerce site, allowing customers to browse and purchase mountain bikes, road bikes, electric bikes, parts, clothing, and accessories. The site features brand-specific sections for Trek, Cervelo, Genesis, and others, and offers services like bike fitting and workshop servicing. It even has a section for delivering bikes to your doorstep.

Financially, Activ Cycles presents a mixed picture. Current assets have increased by 15%, reaching £940,000, while net assets have increased by 130% to £250,000. However, bank borrowings have decreased by 5.3% to £50,000, and cash reserves have fallen by 74% to £10,000. Trade debtors have increased by a significant 110%, suggesting a potential challenge in collecting payments. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, meaning the financial statements are unaudited.

Overall, Activ Cycles appears to be navigating a period of change. While its e-commerce presence and customer reviews are positive, the fluctuating financial figures suggest a need for careful management. The company’s small size allows for agility, but the need to manage cash flow and receivables will be crucial for its continued success.

Registered in England/Wales under the registration number 05253748, with a registered address at CT20 2DA, Kent, 145 Sandgate Road, Folkestone.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.