London Green Cycles Limited

London Green Cycles Ltd, based in London, UK, is a small, active company founded twelve years ago in 2012. It employs seven people and holds £560,458 in assets. With a real address and one director/owner—a solo founder—it maintains a stellar 5.0 Google rating from 108 reviews. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with 36 months of import activity recorded, the latest in August 2024.

The business operates a retail shop and online store specializing in cargo bikes, offering a range of options from electric to non-electrically assisted models, including tricycles and custom builds like butcher bikes. They also provide hire and repair services, with a new branch recently opened in Wandsworth, SW London. The website encourages test rides and highlights a commitment to customer service and British craftsmanship.

Financially, London Green Cycles Ltd shows a mixed picture. Current assets increased by 8.7% to £560,000, while net assets grew by 39% to £270,000. Cash reserves saw a significant boost, increasing 170% to £240,000. However, bank borrowings have been eliminated, and debtors have increased dramatically, by 150% to £39,000. The company meets two of three conditions for being a small company (turnover under £10.2m, assets under £5.1m, fewer than 50 employees). There's no mention of an auditor, likely due to its small size.

Overall, London Green Cycles Ltd appears to be in a healthy position, with increased assets and cash reserves. The surge in debtors, however, warrants monitoring. The company’s focus on niche cargo bikes and commitment to customer service seem to be paying off, although it's important to see if the business can sustain this growth.

Registered in England/Wales under the registration number 08266063, with a registered address at NW1 4BU, London, 4 Chester Court, Albany Street.

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