Stonehenge Cycles Limited

Stonehenge Cycles Ltd, based in Salisbury, Wiltshire, is a small, family-run business with an active status. Founded 21 years ago in 86 Fisherton Street, the company employs eight people and holds £604,121 in assets. It’s managed by six directors and two owners, and boasts a stellar 5.0 Google rating from 100 reviews. The business operates in the renting and leasing of other personal and household goods, and is an irregular importer of vehicles, parts, and accessories—the last import operation occurred over a year ago in February 2022.

The company’s website isn’t available for review, so it’s difficult to assess the extent of its online presence. However, the business seems to be a traditional brick-and-mortar operation, likely catering to local cyclists.

Financially, Stonehenge Cycles Ltd shows a mixed picture. Current assets have decreased by 15% to £600,000, while net assets have fallen by 20% to £300,000. Bank borrowings have decreased by 22%, and cash reserves have dropped by a significant 63% to just £900. Creditors have also decreased by 6.7%, which could indicate improved debt management. 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 flexibility, but the decline in equity and cash reserves warrants attention. The accounts are unaudited, as is common for small companies.

It appears that the business is facing some financial headwinds, potentially due to rising costs or slowing sales. However, its strong Google rating and family-run nature suggest a loyal customer base and a reputation for quality service.

Registered in England/Wales under the registration number 04849524, with a registered address at SP2 7QY, Wiltshire, 86 Fisherton Street, Salisbury.

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