MERLIN CYCLES LIMITED Financials
- Company number
- 02826103CopyCopy
- Registered office
- Unit A4 Buckshaw Link, Ordnance Road Buckshaw Village, Chorley, Lancashire PR7 7EL
- Incorporated
- 11/06/1993
Company snapshot
- Status
- Active
- Employees
- 37 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
17.07%vs 20232023: £13.65M
Total Assets
17.53%vs 20232023: £15.42M
Cash in Bank
15.26%vs 20232023: £831.97K
Total Liabilities
22.25%vs 20232023: £1.71M
Employees
+1vs 20232023: 36
In 2024, MERLIN CYCLES LIMITED reported net assets of £15.99M. The same filing shows total assets of £18.12M, cash in bank of £958.96K and total liabilities of £2.09M. Reported headcount was 37 in 2024. Total Assets rose from £15.42M in 2023 to £18.12M in 2024 (17.53%). 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
17.07%from £13.65M 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 MERLIN CYCLES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+25.9%vs 2022+12.2% a year compound (CAGR)
Cash in Bank
+57.3%vs 2022+25.4% a year compound (CAGR)
Total Assets
+17.4%vs 2022+8.3% a year compound (CAGR)
Total Liabilities
-22.3%vs 2022-11.9% a year compound (CAGR)
Employees
+12.1%vs 2022+4Biggest increase
Cash in Bank+57.3%
£609.82K in 2022 to £958.96K in 2024
Biggest decrease
Total Liabilities-22.3%
£2.69M in 2022 to £2.09M in 2024
MERLIN CYCLES LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MERLIN CYCLES 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
- 88.23%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
- 11.52%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
- 45.93%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
- 5.29%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £662.19K2024
- 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 MERLIN CYCLES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 8.89M | 12.70M | 13.65M | 15.99M |
| Total Assets£ | 12.97M | 15.44M | 15.42M | 18.12M |
| Cash in Bank£ | 4.53M | 609.82K | 831.97K | 958.96K |
| Total Liabilities£ | 4.01M | 2.69M | 1.71M | 2.09M |
| Employees | 40 | 33 | 36 | 37 |
MERLIN CYCLES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MERLIN CYCLES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
MERLIN CYCLES LIMITED reported net assets of £15.99M for 2024. That compares with £13.65M in 2023, a change of 17.07%.
MERLIN CYCLES LIMITED reported total assets of £18.12M for 2024. That compares with £15.42M in 2023, a change of 17.53%.
MERLIN CYCLES LIMITED reported cash in bank of £958.96K for 2024. That compares with £831.97K in 2023, a change of 15.26%.
MERLIN CYCLES LIMITED reported 37 employees in 2024, compared with 36 in 2023.
Between 2022 and 2024, MERLIN CYCLES LIMITED's net assets rose by 25.9%, cash in bank rose by 57.3%, total assets rose by 17.4% and total liabilities fell by 22.3%. Net assets compounded at 12.2% a year across the two years to 2024, from £12.70M to £15.99M. Reported headcount went from 33 in 2022 to 37 in 2024 (+4).
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.