CYCLE BARS LIMITED Financials
- Company number
- 11410948Copy
Copy - Registered office
- 6-8 Freeman Street, Grimsby DN32 7AA
- Incorporated
- 12/06/2018
Company snapshot
- Status
- Active
- Employees
- 8 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-1.44%vs 20222022: £11.92K
Total Assets
-7.61%vs 20222022: £48.47K
Cash in Bank
-27.29%vs 20222022: £8.77K
Total Liabilities
-9.62%vs 20222022: £36.55K
Employees
0vs 20222022: 8
In 2023, CYCLE BARS LIMITED reported net assets of £11.75K. The same filing shows total assets of £44.78K, cash in bank of £6.38K and total liabilities of £33.04K. Reported headcount was 8 in 2023. Total Assets fell from £48.47K in 2022 to £44.78K in 2023 (-7.61%). Okredo holds filed figures for 2021–2023; 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
-1.44%from £11.92K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures CYCLE BARS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-20.8%vs 2021-11% a year compound (CAGR)
Cash in Bank
-84.5%vs 2021-60.7% a year compound (CAGR)
Total Assets
-30.2%vs 2021-16.4% a year compound (CAGR)
Total Liabilities
-33%vs 2021-18.1% a year compound (CAGR)
Employees
-27.3%vs 2021-3Biggest decrease
Cash in Bank-84.5%
£41.19K in 2021 to £6.38K in 2023
Every indicator Okredo holds for CYCLE BARS LIMITED fell between 2021 and 2023. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from CYCLE BARS LIMITED'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
- 26.23%2023
- Liabilities to total assets
- 73.77%2023
- Cash to liabilities
- 19.30%2023
- Cash to total assets
- 14.24%2023
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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for CYCLE BARS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 14.84K | 11.92K | 11.75K |
| Total Assets£ | 64.15K | 48.47K | 44.78K |
| Cash in Bank£ | 41.19K | 8.77K | 6.38K |
| Total Liabilities£ | 49.31K | 36.55K | 33.04K |
| Employees | 11 | 8 | 8 |
CYCLE BARS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has CYCLE BARS LIMITED filed financial statements?
Yes. Okredo holds filed figures for CYCLE BARS LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
What net assets did CYCLE BARS LIMITED report in 2023?
CYCLE BARS LIMITED reported net assets of £11.75K for 2023. That compares with £11.92K in 2022, a change of -1.44%.
What total assets did CYCLE BARS LIMITED report in 2023?
CYCLE BARS LIMITED reported total assets of £44.78K for 2023. That compares with £48.47K in 2022, a change of -7.61%.
What cash in bank did CYCLE BARS LIMITED report in 2023?
CYCLE BARS LIMITED reported cash in bank of £6.38K for 2023. That compares with £8.77K in 2022, a change of -27.29%.
How many people does CYCLE BARS LIMITED employ?
CYCLE BARS LIMITED reported 8 employees in 2023, compared with 8 in 2022.
How have CYCLE BARS LIMITED financials changed over the last 3 years?
Between 2021 and 2023, CYCLE BARS LIMITED's net assets fell by 20.8%, cash in bank fell by 84.5%, total assets fell by 30.2% and total liabilities fell by 33%. Net assets contracted at 11% a year across the two years to 2023, from £14.84K to £11.75K. Reported headcount went from 11 in 2021 to 8 in 2023 (-3).
Which years of CYCLE BARS LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.