Thomas's Cycle Revolution Limited

Thomas’s Cycle Revolution Limited, based in Ipswich, UK, is a small, active family business established sixteen years ago. With 55 employees and £2,487,317 in assets, it operates an e-commerce site and enjoys a stellar 5.0 Google rating from 167 reviews. The company imports vehicles, parts, and accessories irregularly, with the latest shipment arriving in December 2024. Four directors and three owners (though this list may not be exhaustive) steer the company, which specializes in the retail sale of sports goods, fishing gear, camping goods, boats, and bicycles.

The company’s website showcases a wide range of products, from road bikes to kids’ bikes, apparel, and accessories, with several brands represented. It also offers services like bike fitting and servicing, and even provides cycle-to-work scheme support. The website also features a section for news and events, and a blog with articles on cycling-related topics.

Financially, Thomas’s Cycle Revolution Limited presents a mixed picture. Current assets have decreased by a significant 24%, dropping to £3,100,000, while net assets have plummeted 63% to £560,000. Bank borrowings have increased by 14%, reaching £490,000, and cash reserves have fallen by a considerable 95%, leaving just £6,500. Creditors, however, have decreased by 14%, suggesting improved debt management. The company’s small size (meeting two of three conditions for being classified as small) helps it remain agile, but the sharp decline in equity raises concerns. No auditor is mentioned, likely due to the company’s exemption as a small entity.

While the e-commerce platform appears vibrant and well-regarded, the financial figures suggest the company is facing some pressures. The drop in cash reserves, in particular, warrants close monitoring. It’s possible that increased import costs or a slowdown in sales contributed to this trend.

Registered in England/Wales under the registration number 06708909, with a registered address at IP3 8ND, Ipswich, Suffolk, 621a Foxhall Road.

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