Cyvex Ltd
- Small
- Active
- 5 years
- £51,569 (assets)
- Real address
- 1 director
- 1 owner
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Cyvex Ltd is a small, active company based in Poole, UK, founded five years ago in March 2020. With £51,569 in assets and a real registered address, it’s a solo-founded operation run by a single director and owner, Coda Leigh. The company operates in the retail sale via mail order houses or via internet industries.
The website, Syvecs Powertrain Control, showcases a range of high-performance engine management systems and related components. It’s clear the company specializes in aftermarket ECU solutions for various vehicles, including Kawasaki, Nissan, Lotus, and Audi. The site heavily promotes plug-and-play kits, standalone ECUs, and displays like the TinyDash V2, targeting enthusiasts and motorsport professionals. It’s definitely an e-commerce business, with a focus on selling specialized hardware and software to modify and enhance vehicle performance. The website also lists several authorized dealerships and offers CAD 3D data for customers.
Financially, Cyvex Ltd shows some concerning trends. Current assets dropped by 48% to £52,000, while net assets declined by 8.4% to £15,000. Bank borrowings increased by a significant 110%, reaching £20,000, and cash reserves rose by 290% to £1,000. Creditors decreased by 57%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the decline in net assets is something to keep an eye on. There's no auditor mentioned, which is common for small companies. The company has a lot of export activity, with a couple of months of export activity recorded. It seems like they are trying to expand their reach.
Registered in England/Wales under the registration number 12503688, with a registered address at BH12 3LL, England, Poole, Dorset, Unit 23 Albion Close, Newtown Business Park.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Coda Leigh
- 5 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Coda Leigh Maurice
- 5 years
- 8
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Total exemption full accounts made up to 2024-03-31Download 8 pages pdf report
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Confirmation statement made on 2024-11-01 with updatesDownload 4 pages pdf report
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Certificate of change of nameDownload 3 pages pdf report
FAQ about Cyvex Ltd
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