Peak Ascent Ltd

Peak Ascent Ltd, based in Otley, UK, is a small, active company founded eight years ago. With five employees and £272,003 in assets, it operates from a real address and is managed by two directors and owners. The company regularly imports toys, games, and sports equipment—the last shipment arriving in January 2025.

The company's website, Peak Ascent Cycles, is a well-established online retailer specializing in bikes and cycling equipment. It offers a wide range of products, from mountain bikes and road bikes to accessories and clothing, catering to both casual riders and serious cyclists. The website prominently features brands like Marin and emphasizes customer service, offering bike fitting services and even supporting local cycling clubs like Buxton Cycling Club. It's clear the business is more than just an online store; it's a community hub for cycling enthusiasts.

Financially, Peak Ascent Ltd’s numbers show a mixed picture. While current assets increased by 16% to £270,000, equity decreased by 16% to £26,000. Bank borrowings have also increased significantly, jumping 1,900% to £19,000, while cash reserves have fallen by a considerable 1,100% to £13,000. Creditors have decreased by 39%, which could be a positive sign of improved debt management. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible. With no auditor mentioned, the accounts are unaudited.

Overall, Peak Ascent Ltd seems to be navigating a period of change. While the website is thriving and the company is actively involved in the cycling community, the financial figures suggest a need for careful management. It’s likely the company is reinvesting in its business, but the drop in equity warrants close attention.

Registered in England/Wales under the registration number 10315476, with a registered address at LS21 3JP, England, Otley, The Sorting House Wharfebank Mills, Ilkley Road.

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