Mycle Ltd
- Dissolved
- Micro
- 4 years
- 2 employees
- £6,233 (cur assets)
- 0-1m
- Regular importer
- Real address
- 2 directors
- 1 owner
- Solo founder
- Tetbury
- E-commerce
- Rating 3.0 (4)
Two conditions of three:
1.Turnover < £632,000
2.Balance sheet total < £316,000
3.Average number of employees < 10
Field of Operation
Website
Summary
Mycle Ltd, based in Tetbury, UK, is a small, active company founded four years ago. With two employees and £1,468,332 in assets, it’s a solo-founder operation managed by two directors. The company runs an e-commerce site and has a 3.0 Google rating from just four reviews. Mycle Ltd regularly imports vehicles, parts, and accessories (excluding trains and trams), with recent activity in March 2024.
The company’s website, Mycle Utility Ebikes, focuses on selling electric bikes and accessories. It offers three main models: the Charge (for all-terrain adventures), the Cargo (for heavy loads), and the Comfort (for everyday commutes). The site emphasizes cleaner air, UK-built bikes, test rides, and a commitment to sustainability, partnering with Ecologi to plant a tree for every order. It’s a modern e-commerce business with a focus on community and environmental responsibility.
Financially, Mycle Ltd’s numbers show a mixed picture. Current assets have decreased by 19%, falling to £1,500,000, while net assets have plummeted a staggering 1200%, landing at -£1,000,000. Bank borrowings have increased significantly, reaching £15,000, and cash reserves have dropped 90% to £1,500. Creditors have also risen, reaching £1,300,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the substantial equity drop suggests a need for careful financial management. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.
It appears Mycle Ltd is facing some financial challenges, despite its focus on a growing market. Whether the company can sustain its growth and profitability remains to be seen, but its commitment to sustainability and community engagement offers a positive foundation.
Registered in England/Wales under the registration number 13385418, with a registered address at GL8 8GQ, England, Tetbury, Gloucestershire, Unit 8 Babdown Industrial Estate, Babdown Airfield.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 4 years
- 11
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 4 years
- 2
-
Resident of United Kingdom
-
Individual
- 4 years
- 7
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one year ago.
Last news
-
Final Gazette dissolved via voluntary strike-offDownload 1 page pdf report
-
First Gazette notice for voluntary strike-offDownload 1 page pdf report
-
Application to strike the company off the registerDownload 1 page pdf report
Importer profile by HS codes
Click on the map to see detailed UK statistics on HS code, including companies list.
Import HS codes in detail
Last imported products
Click on items to see detailed UK statistics on HS code, including companies list.
* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
FAQ about Mycle Ltd
Looking for leads in the UK?
Book a demo—see how CorpSignals can help you find UK leads.