phoenix cycleworks limited
phoenix cycleworks limited Company Information
Company Number
10444645
Next Accounts
Sep 2025
Industry
Retail sale of sporting equipment in specialised stores
Directors
Shareholders
stockland green limited
Group Structure
View All
Contact
Registered Address
fitzroy house crown street, ipswich, IP1 3LG
Website
phoenixcycleworks.co.ukphoenix cycleworks limited Estimated Valuation
Pomanda estimates the enterprise value of PHOENIX CYCLEWORKS LIMITED at £142.4k based on a Turnover of £411.1k and 0.35x industry multiple (adjusted for size and gross margin).
phoenix cycleworks limited Estimated Valuation
Pomanda estimates the enterprise value of PHOENIX CYCLEWORKS LIMITED at £0 based on an EBITDA of £-67.8k and a 3.61x industry multiple (adjusted for size and gross margin).
phoenix cycleworks limited Estimated Valuation
Pomanda estimates the enterprise value of PHOENIX CYCLEWORKS LIMITED at £0 based on Net Assets of £-75.7k and 2.07x industry multiple (adjusted for liquidity).
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Phoenix Cycleworks Limited Overview
Phoenix Cycleworks Limited is a live company located in ipswich, IP1 3LG with a Companies House number of 10444645. It operates in the retail sale of sports goods, fishing gear, camping goods, boats and bicycles sector, SIC Code 47640. Founded in October 2016, it's largest shareholder is stockland green limited with a 100% stake. Phoenix Cycleworks Limited is a young, micro sized company, Pomanda has estimated its turnover at £411.1k with declining growth in recent years.
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Phoenix Cycleworks Limited Health Check
Pomanda's financial health check has awarded Phoenix Cycleworks Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £411.1k, make it smaller than the average company (£634.5k)
- Phoenix Cycleworks Limited
£634.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (8.4%)
- Phoenix Cycleworks Limited
8.4% - Industry AVG
Production
with a gross margin of 22.6%, this company has a higher cost of product (29.7%)
- Phoenix Cycleworks Limited
29.7% - Industry AVG
Profitability
an operating margin of -16.5% make it less profitable than the average company (1.8%)
- Phoenix Cycleworks Limited
1.8% - Industry AVG
Employees
with 5 employees, this is below the industry average (13)
5 - Phoenix Cycleworks Limited
13 - Industry AVG
Pay Structure
on an average salary of £24.8k, the company has an equivalent pay structure (£24.8k)
- Phoenix Cycleworks Limited
£24.8k - Industry AVG
Efficiency
resulting in sales per employee of £82.2k, this is less efficient (£134.2k)
- Phoenix Cycleworks Limited
£134.2k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is near the average (25 days)
- Phoenix Cycleworks Limited
25 days - Industry AVG
Creditor Days
its suppliers are paid after 158 days, this is slower than average (25 days)
- Phoenix Cycleworks Limited
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Phoenix Cycleworks Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Phoenix Cycleworks Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 186.8%, this is a higher level of debt than the average (72.7%)
186.8% - Phoenix Cycleworks Limited
72.7% - Industry AVG
PHOENIX CYCLEWORKS LIMITED financials
Phoenix Cycleworks Limited's latest turnover from December 2023 is estimated at £411.1 thousand and the company has net assets of -£75.7 thousand. According to their latest financial statements, Phoenix Cycleworks Limited has 5 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | |||||||
| Other Income Or Grants | |||||||
| Cost Of Sales | |||||||
| Gross Profit | |||||||
| Admin Expenses | |||||||
| Operating Profit | |||||||
| Interest Payable | |||||||
| Interest Receivable | |||||||
| Pre-Tax Profit | |||||||
| Tax | |||||||
| Profit After Tax | |||||||
| Dividends Paid | |||||||
| Retained Profit | |||||||
| Employee Costs | |||||||
| Number Of Employees | 5 | 9 | 5 | 5 | 4 | 4 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 25,580 | 34,195 | 16,814 | 20,164 | 34,620 | 16,447 | 8,601 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 25,580 | 34,195 | 16,814 | 20,164 | 34,620 | 16,447 | 8,601 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 32,258 | 127,688 | 224,482 | 187,305 | 77,396 | 81,643 | 104,244 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 29,422 | 31,134 | 26,674 | 2,306 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 2,306 | 2,306 | 0 |
| total current assets | 61,680 | 158,822 | 251,156 | 189,611 | 79,702 | 83,949 | 104,244 |
| total assets | 87,260 | 193,017 | 267,970 | 209,775 | 114,322 | 100,396 | 112,845 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 138,184 | 164,538 | 194,314 | 169,807 | 208,002 | 107,555 | 103,665 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 138,184 | 164,538 | 194,314 | 169,807 | 208,002 | 107,555 | 103,665 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 5,759 | 5,608 | 3,466 | 2,299 | 2,750 | 2,540 | 2,450 |
| other liabilities | 19,042 | 30,813 | 41,433 | 59,091 | 1,238 | 4,649 | 2,642 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 24,801 | 36,421 | 44,899 | 61,390 | 3,988 | 7,189 | 5,092 |
| total liabilities | 162,985 | 200,959 | 239,213 | 231,197 | 211,990 | 114,744 | 108,757 |
| net assets | -75,725 | -7,942 | 28,757 | -21,422 | -97,668 | -14,348 | 4,088 |
| total shareholders funds | -75,725 | -7,942 | 28,757 | -21,422 | -97,668 | -14,348 | 4,088 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -97,142 | -92,334 | 61,545 | 112,215 | -4,247 | -22,601 | 104,244 |
| Creditors | -26,354 | -29,776 | 24,507 | -38,195 | 100,447 | 3,890 | 103,665 |
| Accruals and Deferred Income | 151 | 2,142 | 1,167 | -451 | 210 | 90 | 2,450 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -11,771 | -10,620 | -17,658 | 57,853 | -3,411 | 2,007 | 2,642 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
phoenix cycleworks limited Credit Report and Business Information
Phoenix Cycleworks Limited Competitor Analysis
Perform a competitor analysis for phoenix cycleworks limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in IP1 area or any other competitors across 12 key performance metrics.
phoenix cycleworks limited Ownership
PHOENIX CYCLEWORKS LIMITED group structure
Phoenix Cycleworks Limited has no subsidiary companies.
phoenix cycleworks limited directors
Phoenix Cycleworks Limited currently has 1 director, Mr Jeremy Gredley serving since Oct 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jeremy Gredley | United Kingdom | 62 years | Oct 2016 | - | Director |
P&L
December 2023turnover
411.1k
-38%
operating profit
-67.8k
0%
gross margin
22.6%
+0.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-75.7k
+8.53%
total assets
87.3k
-0.55%
cash
0
0%
net assets
Total assets minus all liabilities
phoenix cycleworks limited company details
company number
10444645
Type
Private limited with Share Capital
industry
47640 - Retail sale of sporting equipment in specialised stores
incorporation date
October 2016
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
fitzroy house crown street, ipswich, IP1 3LG
Bank
-
Legal Advisor
-
phoenix cycleworks 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 did not find charges/mortgages relating to phoenix cycleworks limited.
phoenix cycleworks 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 PHOENIX CYCLEWORKS LIMITED. This can take several minutes, an email will notify you when this has completed.
phoenix cycleworks limited Companies House Filings - See Documents
| date | description | view/download |
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