Corley Cycles Ltd

Corley Cycles Ltd, based in Cranfield, UK, is a small, active company founded thirteen years ago in 2012. With fourteen employees and £633,734 in assets, it’s a well-established operation. The company, owned by Byrne Nigel David and Jones Nicholas Leslie, operates a real address and is managed by a single director, Jones Nicholas Leslie. It runs an e-commerce site and enjoys a stellar 5.0 Google rating from 668 reviews, a testament to its customer service. Corley Cycles is an irregular importer, primarily bringing in vehicles, parts, and accessories—the last import was made in September 2023. The company’s business involves the retail sale of sports goods, fishing gear, camping goods, boats, and bicycles.

The company’s website, while not detailed, confirms its focus on cycling and related equipment. It's clear that Corley Cycles is committed to providing a range of products to enthusiasts and casual users alike. The website’s presence reinforces the company’s retail focus, complementing its import activities.

Financially, Corley Cycles Ltd presents a mixed picture. Current assets have decreased by 27%, dropping to £630,000, while net assets have fallen by 19%, settling at £66,000. Bank borrowings have increased, with a 55% rise in overdrafts within a year, reaching £79,000. Creditors have also decreased by 34%, down to £350,000. The company’s small size—meeting two of three conditions for being classified as small—allows for flexibility, but the decline in equity could indicate a need for careful financial management. The lack of an auditor mentioned suggests the company is exempt due to its size, and the figures are unaudited.

Overall, Corley Cycles Ltd appears to be navigating a period of change. While its Google rating and e-commerce presence are strong, the financial data suggests a need for close attention to cash flow and debt management.

Registered in England/Wales under the registration number 08063776, with a registered address at MK41 0DG, Cranfield, Bedfordshire, 114 Hight Street.

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