Cycle-clothing Limited

Cycle-Clothing Limited, based in Harrogate, UK, is a small, active company founded eighteen years ago in 2007. With two employees and £23,065 in assets, it’s a modest operation run by a single director and owner, Nash Joanna. The company’s real address is at 12 Harewell Close, Glasshouses, and it’s registered as having only one company at the same address. Cycle-Clothing Limited regularly imports clothing and accessories made by knitting or crocheting, with three months of import activity recorded, the last in June 2019.

The company’s website, cycleclothing.co.co.uk, showcases a wide range of cycling apparel, from jerseys and shorts to hoodies and accessories, catering to both men and women. It also offers custom design services, team stores, and even specializes in creating kits for charity events. The site emphasizes UK-based expertise and quality, highlighting manufacturing facilities comparable to leading brands. It even has a live chat feature.

Financially, Cycle-Clothing Limited presents a mixed picture. Current assets decreased by 4.7% to £23,000, while net assets fell 5.2% to -£21,000. Bank borrowings are not mentioned, but cash reserves decreased by an unspecified amount. Trade debtors decreased by 32%, suggesting improved collection, but creditors remained stable. The company meets two of three conditions to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. No auditor is mentioned, likely due to its small size.

The decline in net assets is a concern, and the lack of employees suggests a lean operation. The company’s focus on custom designs and team stores indicates an attempt to diversify revenue streams. While the website appears active and well-maintained, the financials suggest Cycle-Clothing Limited is facing some financial pressure. It’s a small company, and it’s hard to know if it’s burning through money or just navigating a tough market.

Registered in England/Wales under the registration number 06145288, with a registered address at HG3 5DY, England, Harrogate, North Yorkshire, 12 Harewell Close Glasshouses.

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