Ghyllside Cycles Limited

Ghyllside Cycles Ltd from Ambleside UK: small company, active status, founded 13 years ago, 3 employees, £151,723 assets, real address, 4 directors, 2 owners, e-commerce site, google rating 5.0 based on 76 reviews. Regular importer of vehicles, parts, and accessories (not for trains or trams) (10 months imported). It’s a small, family-run business operating from the scenic Lake District, serving cycling enthusiasts with a wide range of products and services. The company has been around for thirteen years, employing just three people and holding a modest £151,723 in assets. It’s a real address, and four directors oversee its operations, with two owners listed – though this number may not be exhaustive. The Google rating of 5.0 from 76 reviews speaks volumes about its customer service. It regularly imports vehicles, parts, and accessories, with the latest activity recorded ten months ago.

The company’s website, Ghyllside Cycles, is a fully functional e-commerce platform. It features a large selection of bikes, frames, components, accessories, and clothing, catering to various cycling disciplines. The site is well-organized, with clear product categories, detailed descriptions, and high-quality images. It also offers a range of services, including bike hire, workshop repairs, and Rohloff service centre expertise. The website’s “Events and Rides” section highlights its community engagement, further solidifying its position as a local cycling hub. There's a sale going on, too, with a 30% discount on all Pedaled Clothing.

Financially, Ghyllside Cycles Ltd presents a mixed picture. While cash bank on hand increased by 16% to £56,000, current assets have decreased by 18% to £150,000. This suggests a potential need to manage working capital more efficiently. Debtors have also increased by 8.4% to £1,400, which could be a result of extending credit terms. However, creditors decreased by 13% to £140,000, indicating improved debt management. The company’s small size (meeting two of three conditions for being considered small) helps it remain agile, but the drop in equity—63% to £310—is a concern. The fact that there's no auditor mentioned is typical for small companies, meaning the figures are unaudited. The company’s future minimum lease payments under non-operating leases have increased significantly to £110,000, which could put a strain on cash flow.

Registered in England/Wales under the registration number 07711006, with a registered address at LA22 9DQ, United Kingdom, Ambleside, Cumbria, Ghyllside Cycles Limited, The Slack.

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