Reece Cycles Limited

Reece Cycles Ltd from West Midlands UK: small company, holding company, active status, founded 25 years ago, 20 employees, £2,023,078 assets, real address, 4 directors, 1 owner, google rating 5.0 based on 3 reviews. Regular importer of vehicles, parts, and accessories (not for trains or trams) (222 months imported). It’s a small holding company operating in the non-specialised wholesale trade industries, with a solid 5.0-star rating online. Founded a quarter-century ago, the company employs twenty people and holds over £2 million in assets. With a real address and four directors overseeing operations, it’s a well-established, albeit modest, business. The firm regularly imports vehicles, parts, and accessories—a consistent activity spanning 222 months, with the latest import recorded in October 2024.

The company's website is not available, so it’s difficult to determine if they operate an e-commerce platform. However, their business model seems to be focused on wholesale trade, likely supplying retailers or other businesses with vehicle components and accessories. Without a website to examine, it's hard to assess their online presence or marketing strategies.

Financially, Reece Cycles Ltd shows a mixed picture. While cash reserves increased significantly by 110% to £370,000, other key indicators point to potential challenges. The number of average employees decreased by 30% to fourteen, which could indicate restructuring or reduced operational needs. Net current assets also declined by 3.6% to £1.4 million. Trade debtors have decreased by 18%, which is a positive sign, but creditors have remained stable. The company’s small size—meeting two of three criteria for being a small company—helps it remain agile, but the decrease in net assets by 16% to £1.4 million warrants further investigation. The lack of an auditor mentioned suggests they are exempt, relying on unaudited financial statements.

It appears Reece Cycles Ltd is navigating a period of change, with a focus on managing costs and maintaining a lean operation. The company's long history of importing and its established presence in the wholesale market suggest a degree of resilience, but the financial trends indicate a need for careful monitoring and strategic adjustments.

Registered in England/Wales under the registration number 03906016, with a registered address at B12 0QB, West Midlands, 100 Alcester Street, Birmingham.

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