Mission Cycles Limited

Mission Cycles Ltd, based in Maidstone, UK, is a small, active company founded 16 years ago. With three employees and £321,783 in assets, it’s a solo-founded operation run by a single director and owner. The company operates an e-commerce site specializing in trikes – adult, children’s, electric, and folding models – along with related accessories. It’s a regular importer of vehicles, parts, and accessories (not for trains or trams), with 45 months of import activity recorded, the latest in February 2025. It also exports these items, with four months of export activity as of February 2024.

The company’s website, Mission Cycles, showcases a wide range of trikes catering to various needs, from children's models adapted for disabilities to high-end restorations. It even has a showroom and sells to Harrods. The site emphasizes quality, family ownership, and British craftsmanship, with a blog providing advice on choosing and caring for trikes. It’s clear they are aiming to be a specialist in this niche market.

Financially, Mission Cycles Ltd shows a mixed picture. Current assets have decreased by 15% to £320,000, while net assets have remained relatively stable. Bank borrowings have decreased by 40%, and cash reserves have increased significantly by 420%, reaching £72,000 – a positive sign. Trade debtors have increased by 500%, suggesting delayed customer payments or expanded credit terms. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 30 employees) helps it stay agile, but the increase in debtors is something to keep an eye on. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Mission Cycles Ltd seems to be holding its own, with a strong focus on its niche market and a growing cash reserve. The increase in debtors, however, suggests a need to manage customer payments more effectively.

Registered in England/Wales under the registration number 06626707, with a registered address at ME18 5JG, Maidstone, Kent, Unit 3, The Alders, Seven Mile Lane Mereworth.

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