Dales Cycles Limited

Dales Cycles Ltd is a small, active company founded 62 years ago, in 1962, and remains a fixture in the UK cycling scene. With 21 employees and £932,561 in assets, it's a well-established business boasting a perfect 5.0 Google rating from 331 reviews. Based in Glasgow, it has three directors and three owners, and operates from a real address. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with recent activity recorded as of October 2024.

Dales Cycles Ltd’s website showcases a wide range of bicycles, clothing, and components, catering to both recreational and professional cyclists. The site offers free shipping on accessory orders over £20, fully assembled bike delivery across the UK, and finance options for orders over £300. It also partners with Cycle to Work providers, making cycling more accessible. The website features a blog, a shop, and a repair service.

Financially, Dales Cycles Ltd’s recent report shows some concerning trends. Current assets have decreased by 10% to £930,000, while net assets have fallen 23% to £480,000. Cash reserves have also declined, although bank borrowings have increased. Creditors have risen slightly, and there's been a significant increase in other taxation and social security payable. 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 remain flexible, but the decrease in equity suggests potential financial pressure. With no auditor mentioned, the figures are unaudited. The company’s trade debtors have decreased by 22%, which could indicate better payment collection, but the increase in other creditors is something to keep an eye on.

Registered in Scotland under the registration number SC037712, with a registered address at G4 0JE, 150 Dobbies Loan, Glasgow.

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