Fairlight Cycles Limited

Fairlight Cycles Ltd from London UK: a small company, holding company, with an active status, was founded 10 years ago. It employs eight people and holds £1,160,097 in assets, operating from a real address. With three directors and one owner, the company runs an e-commerce site and regularly imports and exports vehicles, parts, and accessories (not for trains or trams), having imported for 102 months and exported for 151 months.

The company’s website showcases a range of high-end bicycle framesets and components, catering to a global market. It's clear that Fairlight Cycles focuses on direct-to-consumer sales, offering a variety of models like the Strael 4.0, Secan 3.0, and Holt 1.0. The site also features detailed design notes, lookbooks, and sizing guides, demonstrating a commitment to customer education and personalization. There’s a strong emphasis on Reynolds steel frames, suggesting a focus on quality and durability.

Financially, Fairlight Cycles shows a mixed picture. Cash reserves decreased by 16%, dropping to £170,000, while bank borrowings remained stable at £55,000. Creditors decreased significantly by 52%, indicating improved debt management. However, net assets increased by 110%, reaching £670,000—a positive sign. Trade debtors increased by 160%, which could be due to expanded credit terms or delayed customer payments. 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. No auditor is mentioned, likely due to the small company exemption.

Overall, Fairlight Cycles appears to be a healthy, albeit small, business. The increase in net assets suggests strong performance, but the rise in trade debtors warrants monitoring. The company's focus on high-end products and direct-to-consumer sales, combined with its commitment to quality and customer service, positions it well for continued success.

Registered in England/Wales under the registration number 09483569, with a registered address at N4 1TD, England, London, Kosteas Cottage, Florentia Clothing Village, Vale Road.

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