Cycle Heaven Limited

Cycle Heaven Ltd from York UK: small company, active status, founded 21 years ago, 26 employees, real address, 3 directors, 2 owners. Regular importer of vehicles, parts, and accessories (not for trains or trams) (14 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the retail sale of sports goods, fishing gear, camping goods, boats and bicycles, the repair of personal and household goods n.e.c. industries. Officially, it has two owners or PSCs, three directors, and twenty six employees.

Cycle Heaven Ltd is a York-based retailer specializing in bicycles and related equipment. It operates from three locations: a large store in Fulford, a city-centre store at York Railway Station, and a smaller workshop and café bar on Bishy Road. The company’s website showcases a wide range of brands, including Gazelle, Riese & Müller, Cannondale, and Brompton, and offers services like bike fitting, repairs, and cafe dining. Notably, it also functions as an “Experience Store” for Riese & Müller, a premium e-bike manufacturer. The website’s blog covers topics like cycle security and electric bikes, demonstrating a focus on customer education and engagement.

Financially, Cycle Heaven Ltd’s report reveals a mixed picture. While net assets increased by a modest 1.8% to £180,000, cash reserves plummeted 60% to £34,000. Bank borrowings decreased by a significant 69%, to £30,000, suggesting improved debt management. Trade debtors increased by 60%, which could indicate growing sales but also potential payment delays. The company’s small size helps it stay agile, but the sharp decline in cash reserves raises concerns about its short-term liquidity. The report doesn’t mention an auditor, which is likely due to its status as a small company.

Overall, Cycle Heaven Ltd appears to be a well-established retailer navigating the challenges of a competitive market. Its multiple locations, diverse product range, and focus on customer service position it well for continued success, but the company will need to carefully manage its cash flow to ensure its long-term financial health.

Registered in England/Wales under the registration number 04793661, with a registered address at YO10 4FS, United Kingdom, York, 31 Hospital Fields Road.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.