I Cycle Limited

I Cycle Ltd, based in Clitheroe, UK, is a small, active company founded twelve years ago in 2013. With four employees and £154,764 in assets, it operates from a virtual address – a point to note as 152 companies are registered at the same location. The company is led by one director and one owner, and it runs a thriving e-commerce site, boasting a stellar 5.0 Google rating from 124 reviews. It’s an irregular importer, primarily dealing with vehicles, parts, and accessories (excluding trains and trams), with recent import activity recorded two months ago.

The company’s website showcases a wide range of electric bikes, from mountain bikes to folding models, catering to various needs and budgets. It also offers pre-loved bikes and accessories, alongside services like bike hire and maintenance. The site even highlights a "Green Commute Initiative," promoting cycling through the Cycle to Work scheme. It's clear I Cycle Ltd is focused on providing a comprehensive cycling experience, both online and in-person.

Financially, I Cycle Ltd presents a mixed picture. Cash reserves increased significantly, up 180% to £16,000, which is a positive sign. However, net assets have seen a dramatic turnaround, jumping from -£11,000 to £75,000 – a remarkable 770% increase. Trade debtors decreased by 32%, which could indicate improved cash flow management. The company’s employee numbers have risen by 75%, to seven, which could be a sign of growth, but also potentially increased costs. Creditors, however, have fallen by nearly 50%, which is a good sign. It’s a small company, meeting two of three criteria for being small, and the lack of an auditor is typical for companies of its size. The company’s retained earnings have also seen a huge increase. Overall, I Cycle Ltd seems to be in a stronger position than it was previously, but it’s important to monitor these trends to ensure continued success.

Registered in England/Wales under the registration number 08377313, with a registered address at BB7 2DL, England, Clitheroe, Lancashire, 2 York Street.

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