BICYCLE LINKS CIC Financials
- Company number
- 07743026CopyCopy
- Registered office
- 135/137 King Street, Norwich NR1 1QH
- Incorporated
- 17/08/2011
Company snapshot
- Status
- Active
- Employees
- 9 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-86.54%vs 20232023: £19.42K
Total Assets
-22.63%vs 20232023: £63.34K
Cash in Bank
-71.11%vs 20232023: £42.86K
Total Liabilities
5.49%vs 20232023: £42.21K
Employees
0vs 20232023: 9
In 2024, BICYCLE LINKS CIC reported net assets of £2.61K. The same filing shows total assets of £49.00K, cash in bank of £12.38K and total liabilities of £44.53K. Reported headcount was 9 in 2024. Cash in Bank fell from £42.86K in 2023 to £12.38K in 2024 (-71.11%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-86.54%from £19.42K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures BICYCLE LINKS CIC filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-92.4%vs 2022-72.4% a year compound (CAGR)
Cash in Bank
-64.1%vs 2022-40% a year compound (CAGR)
Total Assets
-33.9%vs 2022-18.7% a year compound (CAGR)
Total Liabilities
+21%vs 2022+10% a year compound (CAGR)
Employees
+12.5%vs 2022+1Biggest increase
Total Liabilities+21%
£36.81K in 2022 to £44.53K in 2024
Biggest decrease
Net Assets-92.4%
£34.36K in 2022 to £2.61K in 2024
BICYCLE LINKS CIC's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from BICYCLE LINKS CIC's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 5.33%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 90.86%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 27.81%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 25.27%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £35.01K2024
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for BICYCLE LINKS CIC by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 44.25K | 34.36K | 19.42K | 2.61K |
| Total Assets£ | 77.80K | 74.12K | 63.34K | 49.00K |
| Cash in Bank£ | 37.05K | 34.45K | 42.86K | 12.38K |
| Total Liabilities£ | 29.89K | 36.81K | 42.21K | 44.53K |
| Employees | 7 | 8 | 9 | 9 |
BICYCLE LINKS CIC financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for BICYCLE LINKS CIC covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
BICYCLE LINKS CIC reported net assets of £2.61K for 2024. That compares with £19.42K in 2023, a change of -86.54%.
BICYCLE LINKS CIC reported total assets of £49.00K for 2024. That compares with £63.34K in 2023, a change of -22.63%.
BICYCLE LINKS CIC reported cash in bank of £12.38K for 2024. That compares with £42.86K in 2023, a change of -71.11%.
BICYCLE LINKS CIC reported 9 employees in 2024, compared with 9 in 2023.
Between 2022 and 2024, BICYCLE LINKS CIC's net assets fell by 92.4%, cash in bank fell by 64.1%, total assets fell by 33.9% and total liabilities rose by 21%. Net assets contracted at 72.4% a year across the two years to 2024, from £34.36K to £2.61K. Reported headcount went from 8 in 2022 to 9 in 2024 (+1).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.