Cambridge Cycle Company Ltd

Cambridge Cycle Company Ltd is a small, active company based in Royston, UK, founded four years ago in 2021. It employs four people and holds £246,946 in assets, operating from a virtual address shared by seventy-one other companies. The company is run by a solo founder, who also serves as its director and owner. Cambridge Cycle Company Ltd specializes in the retail sale of sports goods, fishing gear, camping goods, boats, and bicycles. It’s an irregular importer, primarily bringing in vehicles, parts, and accessories (excluding trains and trams), with just two months of import activity recorded as of June 2023.

The company’s website is currently unavailable, making it difficult to assess its e-commerce presence. It’s unclear if the company has an online store or relies solely on wholesale or other distribution channels.

Financially, Cambridge Cycle Company Ltd presents a mixed picture. While current assets increased by 6.1% to £250,000, net assets have taken a significant hit, decreasing by 42% to £27,000. Bank borrowings have also fallen by 8.8% to £59,000. Trade debtors have decreased by 36%, which could indicate improved cash flow management, but creditors have also fallen by 19%, suggesting the company may be delaying payments to suppliers. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain nimble, but the decline in equity is a cause for concern. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Cambridge Cycle Company Ltd seems to be navigating a challenging environment. The company’s irregular import activity and the lack of a visible online presence suggest it may be adapting to changing market conditions, but the decline in equity warrants close monitoring.

Registered in England/Wales under the registration number 13149055, with a registered address at SG8 6LX, England, Royston, 20 Elin Way, Meldreth.

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