Paceline Cycles Limited

Paceline Cycles Ltd, based in Keighley, UK, is a small, active company founded seven years ago. With three employees and £246,750 in assets, it’s a family-run operation boasting a stellar 5.0 Google rating from 132 reviews. The company, led by a solo founder and overseen by four directors, regularly imports vehicles, parts, and accessories—though not for trains or trams—with recent activity recorded four months ago.

The company’s website paints a picture of a thriving cycle hub. Paceline Cycles operates a bike shop, café, and offers servicing and repairs. It’s a unique blend of retail and leisure, located in Cross Hills, on the edge of the Yorkshire Dales. They stock a wide range of bicycles, accessories, and apparel from well-known brands like Scott, Colnago, and Bianchi, and even offer group rides for cyclists of all skill levels. Flexible finance options are available too.

Financially, Paceline Cycles Ltd shows a mixed bag. While cash reserves increased by a healthy 40% to £67,000, net assets also grew by 32% to £110,000. However, bank borrowings decreased by 16% to £29,000, and creditors increased by 15% to £140,000—a sign that they may be relying on credit to manage operations. The number of employees increased by a staggering 110% to six, which could be a sign of growth, but also increased costs. The company’s small size—meeting two of three conditions for being classified as small—helps it remain nimble, but the increase in creditors suggests they are managing their finances carefully. As a small company, they are exempt from an audit, so the financial statements are unaudited. It seems they are doing well, but it’s worth keeping an eye on their debt levels.

Registered in England/Wales under the registration number 11243366, with a registered address at BD20 7DT, England, Keighley, Station Road, Cross Hills.

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