CYCLE SOLUTIONS (CYCLE TO WORK) LIMITED Financials
- Company number
- 05860892CopyCopy
- Industry
- Retail sale of sports goods fishing gear camping goods boats and bicycles (47.64 - SIC 2007)
- Registered office
- Unit 6 Europa Way, Fforestfach, Swansea SA5 4AJ
- Incorporated
- 28/06/2006
Company snapshot
- Status
- Active
- Employees
- 72 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
12.28%vs 20232023: £2.95M
Total Assets
-6.51%vs 20232023: £11.19M
Cash in Bank
23.74K%vs 20232023: £800.00
Total Liabilities
-13.24%vs 20232023: £8.24M
Employees
+1vs 20232023: 71
In 2024, CYCLE SOLUTIONS (CYCLE TO WORK) LIMITED reported net assets of £3.32M. The same filing shows total assets of £10.47M, cash in bank of £190.75K and total liabilities of £7.15M. Reported headcount was 72 in 2024. Total Liabilities fell from £8.24M in 2023 to £7.15M in 2024 (-13.24%). Okredo holds filed figures for 2022–2024; 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
12.28%from £2.95M in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures CYCLE SOLUTIONS (CYCLE TO WORK) LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+50.2%vs 2022+22.6% a year compound (CAGR)
Cash in Bank
+181%vs 2022+67.5% a year compound (CAGR)
Employees
+14.3%vs 2022+9Biggest increase
Cash in Bank+181%
£67.96K in 2022 to £190.75K in 2024
Every indicator Okredo holds for CYCLE SOLUTIONS (CYCLE TO WORK) LIMITED rose between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from CYCLE SOLUTIONS (CYCLE TO WORK) 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
- 31.68%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
- 68.32%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
- 2.67%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
- 1.82%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £400.37K2024
- 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 CYCLE SOLUTIONS (CYCLE TO WORK) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 2.21M | 2.95M | 3.32M |
| Total Assets£ | – | 11.19M | 10.47M |
| Cash in Bank£ | 67.96K | 800.00 | 190.75K |
| Total Liabilities£ | – | 8.24M | 7.15M |
| Employees | 63 | 71 | 72 |
CYCLE SOLUTIONS (CYCLE TO WORK) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for CYCLE SOLUTIONS (CYCLE TO WORK) LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
CYCLE SOLUTIONS (CYCLE TO WORK) LIMITED reported net assets of £3.32M for 2024. That compares with £2.95M in 2023, a change of 12.28%.
CYCLE SOLUTIONS (CYCLE TO WORK) LIMITED reported total assets of £10.47M for 2024. That compares with £11.19M in 2023, a change of -6.51%.
CYCLE SOLUTIONS (CYCLE TO WORK) LIMITED reported cash in bank of £190.75K for 2024. That compares with £800.00 in 2023, a change of 23.74K%.
CYCLE SOLUTIONS (CYCLE TO WORK) LIMITED reported 72 employees in 2024, compared with 71 in 2023.
Between 2022 and 2024, CYCLE SOLUTIONS (CYCLE TO WORK) LIMITED's net assets rose by 50.2%, cash in bank rose by 181% and employee numbers rose by 14.3%. Net assets compounded at 22.6% a year across the two years to 2024, from £2.21M to £3.32M. Reported headcount went from 63 in 2022 to 72 in 2024 (+9).
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.