Never Ending Cycles Limited

Never Ending Cycles Limited, based in Ashton-Under-Lyne, UK, is a small, active company founded four years ago. With a single employee and £4,672 in assets, it’s a modest operation boasting a stellar 5.0 Google rating from 88 reviews. The company is led by one director and owner, Bohen Caleb John, and operates in the retail sale via mail order houses or via internet industries.

The company’s website, while minimal, suggests a focus on bicycle repair and restoration. It appears to be a small-scale operation, possibly catering to a local clientele. While the site doesn’s offer extensive details, it hints at a passion for cycling and a commitment to quality workmanship.

Financially, Never Ending Cycles Limited presents a mixed picture. Current assets have plummeted by a staggering 82%, dropping from £25,000 to just £4,700. Bank cash has increased significantly, rising 570% to £3,100, which is a positive sign. However, retained earnings have completely vanished, dropping 100% to just £100. Creditors have also decreased by 52%, which could indicate better debt management, but the sharp decline in equity is concerning. Trade debtors have increased, suggesting delayed customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the dramatic equity drop warrants further investigation. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Never Ending Cycles Limited is facing financial headwinds, despite its strong online reputation. The company’s ability to navigate these challenges will depend on its ability to generate sales and manage its expenses effectively.

Registered in England/Wales under the registration number 13227311, with a registered address at OL6 7FW, England, Ashton-Under-Lyne, Greater Manchester, Suite 204 Ashton Old Baths, Stamford Street West.

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