Pomanda estimates the enterprise value of CYCLES U.K. LIMITED at £1.3m based on a Turnover of £3.6m and 0.35x industry multiple (adjusted for size and gross margin).
cycles u.k. limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of CYCLES U.K. LIMITED at £0 based on an EBITDA of £-77.2k and a 3.63x industry multiple (adjusted for size and gross margin).
cycles u.k. limitedEstimated Valuation
£3.2m
Pomanda estimates the enterprise value of CYCLES U.K. LIMITED at £3.2m based on Net Assets of £1.6m and 1.94x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Cycles U.k. LimitedOverview
Cycles U.k. Limited is a live company located in basildon, SS14 3WR with a Companies House number of 03504178. It operates in the retail sale of sports goods, fishing gear, camping goods, boats and bicycles sector, SIC Code 47640. Founded in February 1998, it's largest shareholder is
cycles uk holdings ltd
with a 100% stake. Cycles U.k. Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£3.6m with
declining
growth in recent years.
Pomanda's financial health check has awarded Cycles U.K. Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
5 Strong
3 Regular
3 Weak
Size
annual sales of £3.6m, make it larger than the average company (£474.7k)
£3.6m - Cycles U.k. Limited
£474.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (8.8%)
-13% - Cycles U.k. Limited
8.8% - Industry AVG
Production
with a gross margin of 31.1%, this company has a comparable cost of product (31.1%)
31.1% - Cycles U.k. Limited
31.1% - Industry AVG
Profitability
an operating margin of -2.6% make it less profitable than the average company (1.8%)
-2.6% - Cycles U.k. Limited
1.8% - Industry AVG
Employees
with 29 employees, this is above the industry average (12)
29 - Cycles U.k. Limited
12 - Industry AVG
Pay Structure
on an average salary of £24.6k, the company has an equivalent pay structure (£24.6k)
£24.6k - Cycles U.k. Limited
£24.6k - Industry AVG
Efficiency
resulting in sales per employee of £125.1k, this is equally as efficient (£128.5k)
£125.1k - Cycles U.k. Limited
£128.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Cycles U.k. Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 69 days, this is slower than average (23 days)
69 days - Cycles U.k. Limited
23 days - Industry AVG
Stock Days
it holds stock equivalent to 140 days, this is more than average (115 days)
140 days - Cycles U.k. Limited
115 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 31 weeks, this is more cash available to meet short term requirements (17 weeks)
31 weeks - Cycles U.k. Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 26%, this is a lower level of debt than the average (67.2%)
26% - Cycles U.k. Limited
67.2% - Industry AVG
CYCLES U.K. LIMITED financials
EXPORT
Cycles U.K. Limited's latest turnover from January 2024 is estimated at £3.6 million and the company has net assets of £1.6 million. According to their latest financial statements, we estimate that Cycles U.K. Limited has 29 employees and maintains cash reserves of £345.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Turnover
3,626,830
2,232,460
5,252,230
5,599,074
2,922,951
4,264,945
2,990,867
2,765,070
7,313,290
6,978,536
6,956,396
7,044,505
6,767,212
6,800,153
6,672,546
Other Income Or Grants
Cost Of Sales
2,499,999
1,536,180
3,458,038
3,886,419
2,035,469
2,969,059
2,092,614
1,899,405
5,887,206
5,344,173
5,302,188
5,171,029
5,092,378
4,980,474
4,798,132
Gross Profit
1,126,830
696,280
1,794,191
1,712,656
887,482
1,295,886
898,253
865,665
1,426,084
1,634,363
1,654,208
1,873,476
1,674,834
1,819,679
1,874,414
Admin Expenses
1,222,899
760,521
1,314,741
817,934
850,701
1,419,013
1,185,755
266,482
1,548,733
1,429,103
1,489,707
1,650,134
1,581,753
1,656,891
1,667,070
Operating Profit
-96,069
-64,241
479,450
894,722
36,781
-123,127
-287,502
599,183
-122,649
205,260
164,501
223,342
93,081
162,788
207,344
Interest Payable
18,343
49,661
57,265
52,772
59,011
23,640
21,078
57,801
63,630
57,930
58,116
74,080
Interest Receivable
17,662
13,261
1,469
378
77
1,025
2,052
714
731
643
397
4
Pre-Tax Profit
-78,407
-50,980
480,919
876,757
-12,803
-179,368
-338,222
540,886
-146,289
184,913
107,343
160,109
35,151
104,676
133,264
Tax
-91,375
-166,584
-108,177
20,591
-43,110
-16,670
-48,671
-8,626
-30,461
-31,873
Profit After Tax
-78,407
-50,980
389,544
710,173
-12,803
-179,368
-338,222
432,709
-125,698
141,803
90,673
111,438
26,525
74,215
101,391
Dividends Paid
Retained Profit
-78,407
-50,980
389,544
710,173
-12,803
-179,368
-338,222
432,709
-125,698
141,803
90,673
111,438
26,525
74,215
101,391
Employee Costs
714,850
400,036
1,050,944
1,311,882
602,657
760,912
487,965
477,611
1,761,321
1,476,314
1,454,875
1,426,159
1,504,837
1,411,996
1,314,893
Number Of Employees
29
16
42
61
30
37
25
25
91
88
95
105
108
117
63
EBITDA*
-77,212
-61,065
510,276
932,113
82,164
-113,090
-225,452
659,967
-52,737
268,407
247,168
309,563
189,023
257,702
309,828
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Tangible Assets
340,105
357,838
346,640
360,403
1,194,918
1,701,196
1,355,142
1,059,216
1,373,135
1,427,139
1,463,846
1,435,434
1,505,491
1,529,319
1,582,038
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
340,105
357,838
346,640
360,403
1,194,918
1,701,196
1,355,142
1,059,216
1,373,135
1,427,139
1,463,846
1,435,434
1,505,491
1,529,319
1,582,038
Stock & work in progress
959,921
1,014,134
1,724,403
970,792
704,408
737,942
772,162
1,024,114
1,095,448
1,110,854
1,172,838
1,070,321
1,050,245
1,119,246
1,081,216
Trade Debtors
2,720
187,811
56,500
197,589
24,275
89,997
128,716
78,784
74,666
126,132
68,388
53,724
2,960
Group Debtors
536,778
537,529
537,899
483,435
407,699
405,403
404,693
384,171
313,151
196,519
114,694
80,852
68,782
57,292
Misc Debtors
42,291
124,560
46,162
62,565
142,532
161,597
184,124
154,514
191,980
141,372
120,200
193,063
197,292
132,018
124,830
Cash
345,396
327,454
430,336
744,490
11,077
9,505
263,779
557,092
14,240
52,057
2,524
23,339
21,801
63,669
2,697
misc current assets
total current assets
1,884,386
2,006,397
2,738,800
2,449,093
1,322,216
1,512,036
1,649,033
2,209,888
1,743,535
1,579,586
1,484,922
1,493,707
1,337,726
1,437,439
1,268,995
total assets
2,224,491
2,364,235
3,085,440
2,809,496
2,517,134
3,213,232
3,004,175
3,269,104
3,116,670
3,006,725
2,948,768
2,929,141
2,843,217
2,966,758
2,851,033
Bank overdraft
234,694
342,747
277,024
301,237
442,236
317,291
235,267
274,541
282,142
213,369
428,860
Bank loan
137,974
172,587
147,752
46,614
75,449
92,912
115,802
90,666
110,461
84,314
Trade Creditors
475,592
500,266
1,040,402
1,123,866
950,127
1,286,881
1,052,586
911,031
877,913
718,854
818,280
826,268
728,361
662,745
551,309
Group/Directors Accounts
7,630
other short term finances
hp & lease commitments
4,853
5,024
6,599
5,021
6,334
6,334
6,334
3,272
3,131
9,815
11,482
6,456
5,000
5,000
11,628
other current liabilities
90,046
116,636
242,947
280,341
276,352
347,952
230,772
322,166
366,361
312,022
298,034
277,832
276,554
505,435
552,946
total current liabilities
570,491
621,926
1,289,948
1,409,228
1,605,481
2,156,501
1,714,468
1,584,320
1,765,090
1,450,894
1,478,865
1,475,763
1,410,148
1,470,863
1,544,743
loans
228,744
354,685
401,959
449,165
573,653
649,075
695,136
769,528
860,146
944,497
847,440
hp & lease commitments
4,853
9,876
1,857
6,878
13,212
19,546
11,290
121
3,252
13,066
12,822
13,333
18,333
Accruals and Deferred Income
other liabilities
provisions
7,639
12,688
9,868
12,207
17,905
4,091
4,091
4,091
4,091
4,091
4,091
4,091
total long term liabilities
7,639
17,541
19,744
14,064
235,622
367,897
421,505
478,360
577,865
656,418
712,293
786,441
877,570
966,921
851,531
total liabilities
578,130
639,467
1,309,692
1,423,292
1,841,103
2,524,398
2,135,973
2,062,680
2,342,955
2,107,312
2,191,158
2,262,204
2,287,718
2,437,784
2,396,274
net assets
1,646,361
1,724,768
1,775,748
1,386,204
676,031
688,834
868,202
1,206,424
773,715
899,413
757,610
666,937
555,499
528,974
454,759
total shareholders funds
1,646,361
1,724,768
1,775,748
1,386,204
676,031
688,834
868,202
1,206,424
773,715
899,413
757,610
666,937
555,499
528,974
454,759
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Operating Activities
Operating Profit
-96,069
-64,241
479,450
894,722
36,781
-123,127
-287,502
599,183
-122,649
205,260
164,501
223,342
93,081
162,788
207,344
Depreciation
18,857
3,176
30,826
37,391
45,383
10,037
62,050
60,784
69,912
63,147
82,667
86,221
95,942
94,914
98,855
Amortisation
3,629
Tax
-91,375
-166,584
-108,177
20,591
-43,110
-16,670
-48,671
-8,626
-30,461
-31,873
Stock
-54,213
-710,269
753,611
266,384
-33,534
-34,220
-251,952
-71,334
-15,406
-61,984
102,517
20,076
-69,001
38,030
1,081,216
Debtors
-85,740
80,748
-149,750
127,080
-157,858
151,497
-15,590
-5,165
217,172
107,115
-90,487
134,367
11,156
69,442
185,082
Creditors
-24,674
-540,136
-83,464
173,739
-336,754
234,295
141,555
33,118
159,059
-99,426
-7,988
97,907
65,616
111,436
551,309
Accruals and Deferred Income
-26,590
-126,311
-37,394
3,989
-71,600
117,180
-91,394
-44,195
54,339
13,988
20,202
1,278
-228,881
-47,511
552,946
Deferred Taxes & Provisions
-5,049
2,820
-2,339
12,207
-17,905
13,814
4,091
Cash flow from operations
6,428
-95,171
-308,157
562,000
-134,798
121,108
74,346
631,026
-20,514
94,728
230,682
205,634
74,977
183,694
120,003
Investing Activities
capital expenditure
-1,124
-14,374
-17,063
797,124
460,895
-356,091
-357,976
253,135
-15,908
-26,440
-90,494
-15,909
-72,114
-18,836
-132,873
Change in Investments
cash flow from investments
-1,124
-14,374
-17,063
797,124
460,895
-356,091
-357,976
253,135
-15,908
-26,440
-90,494
-15,909
-72,114
-18,836
-132,873
Financing Activities
Bank loans
-137,974
-34,613
24,835
101,138
-28,835
-17,463
-22,890
25,136
-19,795
26,147
84,314
Group/Directors Accounts
-7,630
7,630
Other Short Term Loans
Long term loans
-228,744
-125,941
-47,274
-47,206
-124,488
-75,422
-46,061
-74,392
-90,618
-84,351
97,057
847,440
Hire Purchase and Lease Commitments
-5,024
-6,598
9,597
-6,334
-6,334
-6,334
11,318
11,310
-9,815
-11,481
5,270
945
-5,000
11,705
11,628
other long term liabilities
share issue
353,368
interest
17,662
13,261
1,469
-17,965
-49,584
-56,240
-50,720
-58,297
-23,640
-20,347
-57,158
-63,233
-57,930
-58,112
-74,080
cash flow from financing
12,638
6,663
11,066
-391,017
-216,472
-85,013
14,530
-200,310
-126,340
-100,779
-101,144
-180,331
-113,504
134,964
1,138,356
cash and cash equivalents
cash
17,942
-102,882
-314,154
733,413
1,572
-254,274
-293,313
542,852
-37,817
49,533
-20,815
1,538
-41,868
60,972
2,697
overdraft
-234,694
-108,053
65,723
-24,213
-140,999
124,945
82,024
-39,274
-7,601
68,773
-215,491
428,860
change in cash
17,942
-102,882
-314,154
968,107
109,625
-319,997
-269,100
683,851
-162,762
-32,491
18,459
9,139
-110,641
276,463
-426,163
cycles u.k. limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for cycles u.k. limited. Get real-time insights into cycles u.k. limited's credit score, group structure and payment trends.
Perform a competitor analysis for cycles u.k. limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in SS14 area or any other competitors across 12 key performance metrics.
The sole shareholder of Cycles U.K. Limited is Cycles Uk Holdings Ltd.
cycles uk holdings ltd
100%
cycles u.k. limited directors
Cycles U.K. Limited currently has 2 directors.
The longest serving directors include
Mr Richard Schofield (Feb 1998) and
Mrs Julia Schofield (Feb 2006).
4 chester court, chester hall lane, basildon, essex, SS14 3WR
Bank
HSBC BANK PLC
Legal Advisor
-
cycles u.k. limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 7 charges/mortgages relating to cycles u.k. limited. Currently there are 0 open charges and 7 have been satisfied in the past.
cycles u.k. limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for CYCLES U.K. LIMITED. This can take several minutes, an email will notify you when this has completed.
cycles u.k. limitedCompanies House Filings - See Documents
