Dunx Cycles Limited

Dunx Cycles Ltd from Lowestoft UK is a small, active company founded nine years ago. With just one employee and £55,481 in assets, it’s a solo founder operation led by a single director and owner, Adams Duncan. The company boasts a stellar 5.0 Google rating from 94 reviews, indicating strong customer satisfaction. It’s a regular importer of vehicles, parts, and accessories (excluding trains and trams), with recent import activity dating back to December 2019.

The business operates in the retail sale of sports goods, fishing gear, camping goods, boats and bicycles. While no website is listed, this suggests a more traditional brick-and-mortar operation, or perhaps a business relying on local sales and word-of-mouth.

Financially, Dunx Cycles Ltd presents a mixed picture. Current assets have decreased by 9.7% to £55,000, while bank borrowings have significantly reduced, falling by 38% to £10,000. Cash bank on hand has seen a dramatic increase of 570%, reaching £2,200—a welcome change. Creditors have also decreased by 15%, suggesting improved debt management. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in assets warrants attention. The company's net assets have increased by 400%, reaching £5.

The company is likely exempt from an audit due to its size, so the financial statements are unaudited. Overall, Dunx Cycles Ltd appears to be navigating a period of change, with improvements in cash flow and debt management offset by a decrease in assets.

Registered in England/Wales under the registration number 09776053, with a registered address at NR32 1XS, United Kingdom, Lowestoft, Suffolk, 100 High Street.

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