Ec Cycles Limited

Cycles Ec Ltd, based in Pontypridd, UK, is a small, active company founded nine years ago. With four employees and £239,224 in assets, it operates as a solo-founded e-commerce site boasting a stellar 5.0 Google rating from 77 reviews. The company is a regular importer of vehicles, parts, and accessories (excluding trains and trams), with recent activity recorded over the last three months.

The company's website, Cycle Ec, showcases a diverse range of bicycles, parts, and accessories. It offers new bikes, including e-bikes, mountain bikes, and road bikes, alongside a selection of parts and accessories, and even provides demo bikes and rental options. The site encourages customers to sign up for a newsletter to stay updated on new releases and special offers, and prominently displays contact information and links to services like Cycle to Work Scheme and Workshop Prices.

Financially, Cycles Ec Ltd presents a mixed picture. While current assets have increased slightly to £240,000, equity has decreased by 4.4% to £190,000. Cash reserves have seen a significant boost, rising 51% to £130,000, which is a positive sign. However, creditors have increased by 36%, suggesting a greater reliance on short-term financing. 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. The decrease in average employees during the period, from four to three, could be due to seasonal fluctuations or restructuring efforts. The company’s director, Bevan Lewis, has elected not to deliver a profit and loss account, which is common for small companies. The financial statements are unaudited, and prepared by James de Frias, but the company has not mentioned an audit firm. Overall, Cycles Ec Ltd appears to be navigating a period of change, with increased borrowing and a need to manage its financial obligations while maintaining its strong online presence and customer ratings.

Registered in England/Wales under the registration number 10150460, with a registered address at CF37 4DY, United Kingdom, Pontypridd, Mid Glamorgan, Llanover House, Llanover Road.

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