CYCLESPORT NORTH LIMITED

363 LEACH PLACE, WALTON SUMMIT CENTRE, BAMBER BRIDGE, PRESTON, LANCS, PR5 8AS

Company Number: 04149504
Incorporation date: 29-Jan-2001
Status: Active
Entity type: Private Limited Company

SIC codes:
30920 Manufacture of bicycles and invalid carriages





SUMMARY

This company is 23.2 years old and is currently active. It is controlled by Bradley Bidco Limited. The company has positive equity (net assets) of GBP 2.8 million which has increased from GBP -4.3 million in the previous year. The latest reported revenue figure is GBP 28.5 million which is up 10% on previous year's figure of GBP 26 million. Retained earnings is negative (GBP -6.9 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 3 active officers (directors or partners) who are or were officers of 1 other company. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 31-Jul-2024
Accounts Filed: FULL (06-Nov-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
05-Nov-2023 GBP 28,458,571 -2,332,463 3,645 301,461 28,308 -2,658,587
06-Nov-2022 GBP 26,043,049 -4,950,375 406 20,164 -4,970,133
05-Nov-2022 GBP 26,043,049 -4,950,375 406 20,164 -4,970,133
31-Oct-2021 GBP 27,079,236 91,161 403,740 12,493 -325,072
03-Nov-2019 GBP 9,494,181 -2,036,944 1,426 -2,039,256
04-Nov-2018 GBP 9,811,500 -3,009,198 3,437 -2,849,830
31-Oct-2017 GBP 17,081,721 -3,867,307 816 13,770 -3,542,131


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
05-Nov-2023 GBP 518,249 10,362,605 5,367,370 4,751,979 9,784,223 -6,938,082 2,846,141
06-Nov-2022 GBP 968,792 16,431,361 13,561,028 9,784,123 100 -4,279,495 -4,279,395
05-Nov-2022 GBP 968,792 16,431,361 13,561,028 9,784,123 100 -4,279,495 -4,279,395
31-Oct-2021 GBP 1,834,297 12,176,714 9,577,593 4,910,352 100 690,638 690,738
03-Nov-2019 GBP 53,731 4,094,783 4,890,656 46,264 100 1,248,959 4,249,059
04-Nov-2018 GBP 1,138,206 4,612,209 3,576,964 91,264 100 3,288,215 3,288,315
31-Oct-2017 GBP 1,669,150 7,988,719 100 6,138,045 6,138,145

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
05-Nov-2023 GBP 100.00% 9,784,123 100 9,784,223 11,416,692
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Resigned Andrea DOVE 29 Jan 2001 13 Nov 2015 British 0 - 2

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Andrew SMALLWOOD 18 Oct 2017 Company Director British 1 - 00 (0.0%)
Active David Anthony STACEY 18 Oct 2017 Company Director British 1 - 00 (0.0%)
Resigned Jonathan Wyn OWEN 25 Jan 2017 31 Jul 2017 Chief Executive British 10 - 131 (4.3%)
Active Matthew James LAWSON 25 Jan 2017 Chief Digital Officer British 1 - 00 (0.0%)
Resigned James Howard DOVE 10 Feb 2001 31 Oct 2017 Company Director British 0 - 30 (0.0%)
Resigned Andrea DOVE 10 Feb 2001 13 Nov 2015 Company Director British 0 - 20 (0.0%)
Resigned Sarah DOVE 10 Feb 2001 13 Nov 2015 Company Director British 0 - 10 (0.0%)
Resigned DEANSGATE COMPANY FORMATIONS LIMITED 29 Jan 2001 29 Jan 2001 0 - 29001216 (41.9%)
Resigned BRITANNIA COMPANY FORMATIONS LIMITED 29 Jan 2001 29 Jan 2001 0 - 29771206 (40.5%)
Number of active directors: 3
Average tenure of active directors: 6.7 years
Average tenure of resigned directors: 7.8 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
CYCLESPORT NORTH LIMITED (04149504) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2016-01-222015-01-222014-01-222013-01-222012-01-22
BRADLEY BIDCO LIMITEDORDINARY GBP1 SHARES100
100%
0
0%
0
0%
0
0%
0
0%
TERENCE HOWARD DOVEA ORDINARY GBP1 SHARES0
0%
51
51%
51
51%
51
51%
0
0%
JAMES HOWARD DOVEC ORDINARY GBP1 SHARES0
0%
20
20%
20
20%
20
20%
20
18.9%
ANDREA DOVEB ORDINARY GBP1 SHARES0
0%
14
14.0%
14
14.0%
14
14.0%
14
13.2%
SARAH DOVED ORDINARY GBP1 SHARES0
0%
10
10%
10
10%
10
10%
10
9.43%
TERENCE HOWARD DOVEE ORDINARY GBP1 SHARES0
0%
5
5%
5
5%
5
5%
5
4.72%
TERENCE HOWARD DOVEA ORDINARY GBP1 SHARKS0
0%
0
0%
0
0%
0
0%
51
48.1%
ANDREA DOVEORDINARY GBP1 SHARES0
0%
0
0%
0
0%
0
0%
6
5.66%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

CYCLESPORT NORTH LIMITED

no controlled companies

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 30920 Manufacture of bicycles and invalid carriages)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
SPENCER IVY ELECTRIC BICYCLES LIMITED MEY HOUSE, BRIDPORT ROAD, POUNDBURY, DORSET, UNITED KINGDOM, DT1 3QY 08509059 2018-04-30 314,918 0
SAM TAYLOR WORKSHOP LTD UNIT 5, ACACIA BUSINESS CENTRE,, HOWARD ROAD, LONDON, ENGLAND, E11 3PJ 09810083 2018-10-31 136,483 0 47640-Retail sale of sports goods, fishing gear, camping goods, boats and bicycles
HAMMOON CYCLES LTD 24H WINCOMBE BUSINESS PARK, SHAFTESBURY, DORSET, SP7 9QJ 06906852 2018-05-31 114,054 0
KENNEDY CITY BICYCLES LIMITED UNIT 14B THE TRAM DEPOT, 38-40 UPPER CLAPTON ROAD, LONDON, E5 8BQ 08205559 2019-09-30 37,737 0
BICYCLE UNION LIMITED 2 CAZENOVE ROAD, LONDON, N16 6BD 05712686 2018-05-04 4,789 0

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
CYCLESPORT NORTH LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.3% 1.3% 2.4% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.5% 3.5% 8.2% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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