Cycling Brands Limited

Cycling Brands Limited, based in Banbury, UK, is a small, active company founded nine years ago in 2015. With two employees and £504,387 in assets, it operates from a virtual address shared by twenty other companies – a little odd, really. Five directors and two owners (though the owners list might not be exhaustive) steer the ship. The company is a regular importer of clothing and accessories, not knitted or crocheted, with 44 months of import activity recorded, the latest in December 2024.

The company’s website, cyclingbrands.co.uk, showcases a wide range of cycling apparel and accessories, including jerseys, shorts, gloves, and helmets. It appears to be primarily an e-commerce business, with a focus on high-quality brands and a user-friendly online shopping experience. The site features detailed product descriptions, customer reviews, and a secure checkout process. There’s also a blog with articles on cycling tips, gear reviews, and event coverage, suggesting an attempt to build a community around the brand.

Financially, Cycling Brands Limited presents a mixed picture. Cash reserves have exploded, increasing by a staggering 1300% to £37,000 – a very positive sign. However, net assets have decreased by 18% to -£450,000, indicating accumulated losses. Bank borrowings have also decreased, by 4.2% to £19,000. Creditors have increased by 73% to £57,000, and debtors have increased by 58% to £40,000. 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 flexible, but the significant net loss raises questions about its long-term sustainability. The accounts are unaudited, as is common for small companies.

Despite the losses, the significant increase in cash reserves suggests the company is managing its working capital effectively. The recent changes to both the directors and owners lists could signal restructuring or new investment, which could be a good thing. It’s clear that Cycling Brands Limited is navigating a challenging environment, but its online presence and focus on quality cycling gear position it for potential growth.

Registered in England/Wales under the registration number 09852982, with a registered address at OX15 4FF, England, Banbury, Bloxham Mill Barford Road, Bloxham.

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