Merlin Cycles Limited

Merlin Cycles Limited, based in Chorley, UK, is a large holding company with an active status, celebrating 31 years since its establishment in 1993. Employing 33 individuals, the company holds assets worth £15,297,870 and generates an annual revenue of £25,432,477. It operates a real address and is overseen by two directors and one owner, with a strong online presence via its e-commerce site. Notably, it boasts a stellar Google rating of 5.0 based on a remarkable 7771 reviews. The company regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), with a substantial 373 months of import activity and 699 months of export activity.

The company's website, Merlin Cycles, is heavily reliant on Javascript to function properly, prompting visitors to enable it for a full experience. It functions as an online bike shop, offering a wide range of bikes, bicycle accessories, and related products. The site prominently features brands like Felt, DT Swiss, and Shimano, alongside special offers and new arrivals. It also provides helpful guides and resources for cyclists.

Financially, Merlin Cycles Limited shows a mixed picture. While turnover decreased by 13% to £25 million, net assets increased by 7.5% to £14 million. Bank borrowings decreased by 35% to £100,000, and cash reserves increased by 18% to £100,000. Creditors decreased by 22%, suggesting improved debt management. However, administrative expenses increased significantly by 38% to £3.3 million. The company meets the criteria to be considered a large company, having turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. The lack of an auditor mentioned suggests the company is exempt from mandatory auditing.

Overall, Merlin Cycles Limited appears to be navigating a competitive market, maintaining a strong online presence and a loyal customer base. The company’s financial performance indicates a period of adjustment, with both challenges and opportunities ahead.

Registered in England/Wales under the registration number 02826103, with a registered address at PR7 7EL, Chorley, Lancashire, Unit A4 Buckshaw Link, Ordnance Road Buckshaw Village.

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