radical bikes community interest company

radical bikes community interest company Company Information

Share RADICAL BIKES COMMUNITY INTEREST COMPANY
Live 
EstablishedMicroRapid

Company Number

06857372

Industry

Operation of sports facilities

 

Shareholders

-

Group Structure

View All

Contact

Registered Address

radical bikes c.i.c., blackmore road, chelmsford, essex, CM1 3QR

radical bikes community interest company Estimated Valuation

£38.3k

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

£0

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

£17.3k

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

Health Check Image
Health Rating2out of 5
positive_score

1 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £46.6k, make it smaller than the average company (£689.4k)

£46.6k - Radical Bikes Community Interest Company

£689.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 137%, show it is growing at a faster rate (16.6%)

137% - Radical Bikes Community Interest Company

16.6% - Industry AVG

production

Production

with a gross margin of 57.2%, this company has a comparable cost of product (57.2%)

57.2% - Radical Bikes Community Interest Company

57.2% - Industry AVG

profitability

Profitability

an operating margin of -6.3% make it less profitable than the average company (4.2%)

-6.3% - Radical Bikes Community Interest Company

4.2% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (23)

1 - Radical Bikes Community Interest Company

23 - Industry AVG

paystructure

Pay Structure

on an average salary of £21.5k, the company has an equivalent pay structure (£21.5k)

£21.5k - Radical Bikes Community Interest Company

£21.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £46.6k, this is equally as efficient (£51.3k)

£46.6k - Radical Bikes Community Interest Company

£51.3k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Radical Bikes Community Interest Company

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Radical Bikes Community Interest Company

- - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 17 days, this is more than average (13 days)

17 days - Radical Bikes Community Interest Company

13 days - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Radical Bikes Community Interest Company

- - Industry AVG

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Turnover46,56230,01126,3523,51719,02824,37727,30632,97944,27381,36373,41464,79756,36017,74320,260
Other Income Or Grants000000000000000
Cost Of Sales19,9269,34512,8675,1433,84711,74412,09820,30017,97136,13532,22430,03325,9458,2689,382
Gross Profit26,63620,66613,485-1,62615,18112,63315,20812,67926,30145,22841,19034,76430,4159,47510,878
Admin Expenses29,56216,57516,884-5,5549,77814,81216,03115,02419,00450,72538,90728,68726,49011,96010,203
Operating Profit-2,9264,091-3,3993,9285,403-2,179-823-2,3457,297-5,4972,2836,0773,925-2,485675
Interest Payable50040018639382000000
Interest Receivable4010000000910141513149
Pre-Tax Profit-2,5304,091-3,3993,9245,403-2,179-1,009-2,7387,224-5,4872,2966,0923,938-2,471683
Tax000-1,166-279000-1,4450-482-1,401-9450-191
Profit After Tax-2,5304,091-3,3992,7585,124-2,179-1,009-2,7385,779-5,4871,8144,6912,993-2,471492
Dividends Paid000000000000000
Retained Profit-2,5304,091-3,3992,7585,124-2,179-1,009-2,7385,779-5,4871,8144,6912,993-2,471492
Employee Costs21,52138,99737,36735,0625,88834,7655,54036,02433,69634,36135,44035,87736,33917,77317,515
Number Of Employees122222222222211
EBITDA*-2,6804,337-3,1534,1696,014-1,360-4-1,5268,814-4,2703,2507,0444,891-2,485675

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Tangible Assets6,3176,5636,8095,8256,0396,6507,4698,2888,0297,8311,9332,9003,86700
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets6,3176,5636,8095,8256,0396,6507,4698,2888,0297,8311,9332,9003,86700
Stock & work in progress9621,8354,1904,9054,9055,3615,8497,98112,38513,03615,14614,96210,4252,0822,860
Trade Debtors00000000000005160
Group Debtors000000000000000
Misc Debtors006000000000000
Cash7,0128,2521,55411,4337,2061,8541,5401,1582,3931,1542,7782,6343,2822,0443,402
misc current assets000000000000000
total current assets7,97410,0875,75016,33812,1117,2157,3899,13914,77814,19017,92417,59613,7074,6426,262
total assets14,29116,65012,55922,16318,15013,86514,85817,42722,80722,02119,85720,49617,5744,6426,262
Bank overdraft00000002,1882,533000000
Bank loan000000000000000
Trade Creditors 000001,0171,9331,3051,94515,34412,3388,4858,4925,2955,770
Group/Directors Accounts000000000006,3068,0681,3260
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities06,1916,19112,39611,14110,9638,8618,8618,407000000
total current liabilities06,1916,19112,39611,14111,98010,79412,35412,88515,34412,33814,79116,5606,6215,770
loans8400000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities6,27800000002,1114,64500000
provisions000000000000000
total long term liabilities6,36200000002,1114,64500000
total liabilities6,3626,1916,19112,39611,14111,98010,79412,35414,99619,98912,33814,79116,5606,6215,770
net assets7,92910,4596,3689,7677,0091,8854,0645,0737,8112,0327,5195,7051,014-1,979492
total shareholders funds7,92910,4596,3689,7677,0091,8854,0645,0737,8112,0327,5195,7051,014-1,979492
May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013May 2012May 2011May 2010
Operating Activities
Operating Profit-2,9264,091-3,3993,9285,403-2,179-823-2,3457,297-5,4972,2836,0773,925-2,485675
Depreciation2462462462416118198198191,5171,22796796796600
Amortisation000000000000000
Tax000-1,166-279000-1,4450-482-1,401-9450-191
Stock-873-2,355-7150-456-488-2,132-4,404-651-2,1101844,5378,343-7782,860
Debtors0-66000000000-5165160
Creditors0000-1,017-916628-640-13,3993,0063,853-73,197-4755,770
Accruals and Deferred Income-6,1910-6,2051,2551782,10204548,407000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations-7,9986,698-8,6494,2585,3523142,7562,6923,0288466,4371,099-684-2,6983,394
Investing Activities
capital expenditure00-1,230-27000-1,078-1,715-7,12500-4,83300
Change in Investments000000000000000
cash flow from investments00-1,230-27000-1,078-1,715-7,12500-4,83300
Financing Activities
Bank loans000000000000000
Group/Directors Accounts0000000000-6,306-1,7626,7421,3260
Other Short Term Loans 000000000000000
Long term loans8400000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities6,278000000-2,111-2,5344,64500000
share issue000000000000000
interest39600-400-186-393-7310141513149
cash flow from financing6,75800-400-186-2,504-2,6074,655-6,292-1,7476,7551,3409
cash and cash equivalents
cash-1,2406,698-9,8794,2275,352314382-1,2351,239-1,624144-6481,238-1,3583,402
overdraft000000-2,188-3452,533000000
change in cash-1,2406,698-9,8794,2275,3523142,570-890-1,294-1,624144-6481,238-1,3583,402

radical bikes community interest company Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Radical Bikes Community Interest Company Competitor Analysis

competitor_analysis_table_img

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 Shareholders

--

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).

officercountryagestartendrole
Mr Michael MitchellEngland61 years Mar 2009- Director
Mrs Maria MitchellEngland57 years Mar 2009- Director
Mr Stuart MatthewsEngland53 years Feb 2023- Director

P&L

May 2024

turnover

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 2024

net 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

None

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.

Click to start generating capital raising & share issue transactions for RADICAL BIKES COMMUNITY INTEREST COMPANY. This can take several minutes, an email will notify you when this has completed.

radical bikes community interest company Companies House Filings - See Documents

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