radical bikes community interest company Company Information
Company Number
06857372
Next Accounts
Feb 2026
Industry
Operation of sports facilities
Shareholders
-
Group Structure
View All
Contact
Registered Address
radical bikes c.i.c., blackmore road, chelmsford, essex, CM1 3QR
Website
radicalbikes.co.ukradical bikes community interest company Estimated Valuation
Pomanda estimates the enterprise value of RADICAL BIKES COMMUNITY INTEREST COMPANY at £38.3k based on a Turnover of £46.6k and 0.82x industry multiple (adjusted for size and gross margin).
radical bikes community interest company Estimated Valuation
Pomanda estimates the enterprise value of RADICAL BIKES COMMUNITY INTEREST COMPANY at £0 based on an EBITDA of £-2.7k and a 3.9x industry multiple (adjusted for size and gross margin).
radical bikes community interest company Estimated Valuation
Pomanda estimates the enterprise value of RADICAL BIKES COMMUNITY INTEREST COMPANY at £17.3k based on Net Assets of £7.9k and 2.18x industry multiple (adjusted for liquidity).
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Radical Bikes Community Interest Company Overview
Radical Bikes Community Interest Company is a live company located in chelmsford, CM1 3QR with a Companies House number of 06857372. It operates in the operation of sports facilities sector, SIC Code 93110. Founded in March 2009, it's largest shareholder is unknown. Radical Bikes Community Interest Company is a established, micro sized company, Pomanda has estimated its turnover at £46.6k with rapid growth in recent years.
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Radical Bikes Community Interest Company Health Check
Pomanda's financial health check has awarded Radical Bikes Community Interest Company a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
4 Regular
4 Weak
Size
annual sales of £46.6k, make it smaller than the average company (£689.4k)
- Radical Bikes Community Interest Company
£689.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 137%, show it is growing at a faster rate (16.6%)
- Radical Bikes Community Interest Company
16.6% - Industry AVG
Production
with a gross margin of 57.2%, this company has a comparable cost of product (57.2%)
- Radical Bikes Community Interest Company
57.2% - Industry AVG
Profitability
an operating margin of -6.3% make it less profitable than the average company (4.2%)
- Radical Bikes Community Interest Company
4.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (23)
1 - Radical Bikes Community Interest Company
23 - Industry AVG
Pay Structure
on an average salary of £21.5k, the company has an equivalent pay structure (£21.5k)
- Radical Bikes Community Interest Company
£21.5k - Industry AVG
Efficiency
resulting in sales per employee of £46.6k, this is equally as efficient (£51.3k)
- Radical Bikes Community Interest Company
£51.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Radical Bikes Community Interest Company
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Radical Bikes Community Interest Company
- - Industry AVG
Stock Days
it holds stock equivalent to 17 days, this is more than average (13 days)
- Radical Bikes Community Interest Company
13 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Radical Bikes Community Interest Company
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 44.5%, this is a similar level of debt than the average (43.8%)
44.5% - Radical Bikes Community Interest Company
43.8% - Industry AVG
RADICAL BIKES COMMUNITY INTEREST COMPANY financials
Radical Bikes Community Interest Company's latest turnover from May 2024 is estimated at £46.6 thousand and the company has net assets of £7.9 thousand. According to their latest financial statements, Radical Bikes Community Interest Company has 1 employee and maintains cash reserves of £7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 30,011 | 26,352 | 3,517 | 19,028 | 24,377 | 27,306 | 32,979 | ||||||||
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
Cost Of Sales | 9,345 | 12,867 | 5,143 | 3,847 | 11,744 | 12,098 | 20,300 | ||||||||
Gross Profit | 20,666 | 13,485 | -1,626 | 15,181 | 12,633 | 15,208 | 12,679 | ||||||||
Admin Expenses | 16,575 | 16,884 | -5,554 | 9,778 | 14,812 | 16,031 | 15,024 | ||||||||
Operating Profit | 4,091 | -3,399 | 3,928 | 5,403 | -2,179 | -823 | -2,345 | ||||||||
Interest Payable | 0 | 0 | 4 | 0 | 0 | 186 | 393 | ||||||||
Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
Pre-Tax Profit | 4,091 | -3,399 | 3,924 | 5,403 | -2,179 | -1,009 | -2,738 | ||||||||
Tax | 0 | 0 | -1,166 | -279 | 0 | 0 | 0 | ||||||||
Profit After Tax | 4,091 | -3,399 | 2,758 | 5,124 | -2,179 | -1,009 | -2,738 | ||||||||
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
Retained Profit | 4,091 | -3,399 | 2,758 | 5,124 | -2,179 | -1,009 | -2,738 | ||||||||
Employee Costs | 5,888 | 5,540 | |||||||||||||
Number Of Employees | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||||
EBITDA* | 4,337 | -3,153 | 4,169 | 6,014 | -1,360 | -4 | -1,526 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 6,317 | 6,563 | 6,809 | 5,825 | 6,039 | 6,650 | 7,469 | 8,288 | 8,029 | 7,831 | 1,933 | 2,900 | 3,867 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 6,317 | 6,563 | 6,809 | 5,825 | 6,039 | 6,650 | 7,469 | 8,288 | 8,029 | 7,831 | 1,933 | 2,900 | 3,867 | 0 | 0 |
Stock & work in progress | 962 | 1,835 | 4,190 | 4,905 | 4,905 | 5,361 | 5,849 | 7,981 | 12,385 | 13,036 | 15,146 | 14,962 | 10,425 | 2,082 | 2,860 |
Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 516 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 7,012 | 8,252 | 1,554 | 11,433 | 7,206 | 1,854 | 1,540 | 1,158 | 2,393 | 1,154 | 2,778 | 2,634 | 3,282 | 2,044 | 3,402 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 7,974 | 10,087 | 5,750 | 16,338 | 12,111 | 7,215 | 7,389 | 9,139 | 14,778 | 14,190 | 17,924 | 17,596 | 13,707 | 4,642 | 6,262 |
total assets | 14,291 | 16,650 | 12,559 | 22,163 | 18,150 | 13,865 | 14,858 | 17,427 | 22,807 | 22,021 | 19,857 | 20,496 | 17,574 | 4,642 | 6,262 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,188 | 2,533 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 0 | 0 | 0 | 0 | 0 | 1,017 | 1,933 | 1,305 | 1,945 | 15,344 | 12,338 | 8,485 | 8,492 | 5,295 | 5,770 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,306 | 8,068 | 1,326 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 6,191 | 6,191 | 12,396 | 11,141 | 10,963 | 8,861 | 8,861 | 8,407 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 0 | 6,191 | 6,191 | 12,396 | 11,141 | 11,980 | 10,794 | 12,354 | 12,885 | 15,344 | 12,338 | 14,791 | 16,560 | 6,621 | 5,770 |
loans | 84 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 6,278 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,111 | 4,645 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 6,362 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,111 | 4,645 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 6,362 | 6,191 | 6,191 | 12,396 | 11,141 | 11,980 | 10,794 | 12,354 | 14,996 | 19,989 | 12,338 | 14,791 | 16,560 | 6,621 | 5,770 |
net assets | 7,929 | 10,459 | 6,368 | 9,767 | 7,009 | 1,885 | 4,064 | 5,073 | 7,811 | 2,032 | 7,519 | 5,705 | 1,014 | -1,979 | 492 |
total shareholders funds | 7,929 | 10,459 | 6,368 | 9,767 | 7,009 | 1,885 | 4,064 | 5,073 | 7,811 | 2,032 | 7,519 | 5,705 | 1,014 | -1,979 | 492 |
May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 4,091 | -3,399 | 3,928 | 5,403 | -2,179 | -823 | -2,345 | ||||||||
Depreciation | 246 | 246 | 246 | 241 | 611 | 819 | 819 | 819 | 1,517 | 1,227 | 967 | 967 | 966 | 0 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | 0 | 0 | -1,166 | -279 | 0 | 0 | 0 | ||||||||
Stock | -873 | -2,355 | -715 | 0 | -456 | -488 | -2,132 | -4,404 | -651 | -2,110 | 184 | 4,537 | 8,343 | -778 | 2,860 |
Debtors | 0 | -6 | 6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -516 | 516 | 0 |
Creditors | 0 | 0 | 0 | 0 | -1,017 | -916 | 628 | -640 | -13,399 | 3,006 | 3,853 | -7 | 3,197 | -475 | 5,770 |
Accruals and Deferred Income | -6,191 | 0 | -6,205 | 1,255 | 178 | 2,102 | 0 | 454 | 8,407 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | 6,698 | -8,649 | 4,258 | 5,352 | 314 | 2,756 | 2,692 | ||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6,306 | -1,762 | 6,742 | 1,326 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 84 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 6,278 | 0 | 0 | 0 | 0 | 0 | 0 | -2,111 | -2,534 | 4,645 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | 0 | 0 | -4 | 0 | 0 | -186 | -393 | ||||||||
cash flow from financing | 0 | 0 | -4 | 0 | 0 | -186 | -2,504 | ||||||||
cash and cash equivalents | |||||||||||||||
cash | -1,240 | 6,698 | -9,879 | 4,227 | 5,352 | 314 | 382 | -1,235 | 1,239 | -1,624 | 144 | -648 | 1,238 | -1,358 | 3,402 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -2,188 | -345 | 2,533 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -1,240 | 6,698 | -9,879 | 4,227 | 5,352 | 314 | 2,570 | -890 | -1,294 | -1,624 | 144 | -648 | 1,238 | -1,358 | 3,402 |
radical bikes community interest company Credit Report and Business Information
Radical Bikes Community Interest Company Competitor Analysis
Perform a competitor analysis for radical bikes community interest company by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in CM1 area or any other competitors across 12 key performance metrics.
radical bikes community interest company Ownership
RADICAL BIKES COMMUNITY INTEREST COMPANY group structure
Radical Bikes Community Interest Company has no subsidiary companies.
Ultimate parent company
RADICAL BIKES COMMUNITY INTEREST COMPANY
06857372
radical bikes community interest company directors
Radical Bikes Community Interest Company currently has 3 directors. The longest serving directors include Mr Michael Mitchell (Mar 2009) and Mrs Maria Mitchell (Mar 2009).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Michael Mitchell | England | 61 years | Mar 2009 | - | Director |
Mrs Maria Mitchell | England | 57 years | Mar 2009 | - | Director |
Mr Stuart Matthews | England | 53 years | Feb 2023 | - | Director |
P&L
May 2024turnover
46.6k
+55%
operating profit
-2.9k
0%
gross margin
57.3%
-16.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
7.9k
-0.24%
total assets
14.3k
-0.14%
cash
7k
-0.15%
net assets
Total assets minus all liabilities
radical bikes community interest company company details
company number
06857372
Type
Private Ltd By Guarantee w/o Share Cap
industry
93110 - Operation of sports facilities
incorporation date
March 2009
age
15
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2024
previous names
N/A
accountant
-
auditor
-
address
radical bikes c.i.c., blackmore road, chelmsford, essex, CM1 3QR
Bank
-
Legal Advisor
-
radical bikes community interest company 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 did not find charges/mortgages relating to radical bikes community interest company.
radical bikes community interest company 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.
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radical bikes community interest company Companies House Filings - See Documents
date | description | view/download |
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