Pedal Syndicate Limited

Pedal Syndicate Ltd, based in Monmouth, UK, is a small, active company founded four years ago in 2020. With four employees and £230,377 in assets, it operates from a real address and is led by two directors and owners. The company is an irregular importer, primarily bringing in vehicles, parts, and accessories (excluding trains and trams), with its last import activity recorded just one month ago. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

The company's website, Pedal Syndicate, positions itself as a "mountain bike specialist" offering a wide range of products from gravel bikes to e-bikes. It encourages customers to join the "Pedal Syndicate Tribe" via a newsletter and offers demo bike inquiries. The site also features a "Work Shop" and "Whats On" section, suggesting a community-focused approach. The website clearly states "Whatever you love or need, we have it covered." and provides a phone number and address.

Financially, Pedal Syndicate Ltd’s recent performance presents a mixed picture. Current assets have decreased significantly by 22%, dropping to £230,000. Bank borrowings have increased by 4.9% to £6,300. Trade debtors have surged by a staggering 170%, reaching £26,000, which could indicate difficulties in collecting payments. Equity, however, has plummeted by an alarming 1100%, resulting in a negative balance of -£70,000. The company’s creditors have also decreased by 8.3%, to £200,000. It’s worth noting that the company is exempt from an audit, so the figures are unaudited.

Overall, Pedal Syndicate Ltd appears to be facing financial pressures despite its active status and community-focused approach. The sharp decline in equity is a significant concern, and the company will need to address its cash flow challenges to ensure its long-term viability.

Registered in England/Wales under the registration number 12729842, with a registered address at NP25 5AU, Wales, Monmouth, Unit 3 Rockfield Road.

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