John Atkins Cycles (leamington Spa) Ltd.

John Atkins Cycles Leamington Spa Ltd from Leamington Spa UK: a small company with an active status, founded 29 years ago, employs six people, and holds £277,597 in assets. It has a real address, three directors, one owner, and a stellar 5.0 Google rating based on 152 reviews. The company regularly imports vehicles, parts, and accessories—with three months of import activity recorded as of April 2024.

The company operates as a bicycle shop located in Leamington Spa, Warwickshire. Its website showcases a wide range of products, from adventure bikes to kids' bikes, clothing, and accessories, alongside components and spares. It even offers services like bike fitting and cycle scheme discounts. The website also highlights a workshop, demo bikes, and a finance option, indicating a commitment to customer service and a comprehensive cycling experience. It seems like they are really trying to be a one-stop shop for all things cycling.

Financially, John Atkins Cycles Ltd presents a mixed picture. Current assets have decreased by 14% to £280,000, while net assets have fallen 36% to £33,000. Bank borrowings have increased significantly by 90%, reaching £65,000, and cash reserves have plummeted 480%, sitting at just £3,300. Creditors have also decreased by 26%, which is a good sign. As a small company (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it benefits from agility, but the sharp decline in equity raises questions about its financial health. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

It seems like the company is doing alright, but it's burning through cash a little too quickly. They're clearly popular with customers, and the wide range of products and services they offer should help them stay competitive, but they need to keep a close eye on their finances to ensure long-term sustainability.

Registered in England/Wales under the registration number 03144902, with a registered address at CV31 2DN, England, Leamington Spa, 32a Clemens Street.

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