PAUL'S CYCLES LIMITED Financials
- Company number
- 03883525CopyCopy
- Industry
- Retail sale of sports goods fishing gear camping goods boats and bicycles (47.64 - SIC 2007)
- Registered office
- Unit A 13 Yaxham Road, Dereham, Norfolk NR19 1HB
- Incorporated
- 25/11/1999
Company snapshot
- Status
- Active
- Employees
- 16 (2025)
- Latest financial data
- 2025
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-63.68%vs 20242024: £5.73M
Total Assets
-66.08%vs 20242024: £9.47M
Cash in Bank
174.54%vs 20242024: £107.72K
Total Liabilities
-71.32%vs 20242024: £3.64M
Employees
0vs 20242024: 16
In 2025, PAUL'S CYCLES LIMITED reported net assets of £2.08M. The same filing shows total assets of £3.21M, cash in bank of £295.74K and total liabilities of £1.04M. Reported headcount was 16 in 2025. Total Assets fell from £9.47M in 2024 to £3.21M in 2025 (-66.08%). Okredo holds filed figures for 2021–2025; 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
-63.68%from £5.73M in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures PAUL'S CYCLES LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-75.8%vs 2023-50.9% a year compound (CAGR)
Cash in Bank
-5.6%vs 2023-2.8% a year compound (CAGR)
Total Assets
-71%vs 2023-46.1% a year compound (CAGR)
Total Liabilities
-55.3%vs 2023-33.2% a year compound (CAGR)
Employees
+6.7%vs 2023+1Biggest increase
Employees+6.7%
15 in 2023 to 16 in 2025
Biggest decrease
Net Assets-75.8%
£8.62M in 2023 to £2.08M in 2025
PAUL'S CYCLES LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in employee numbers, pointing to an expanding team, 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 PAUL'S 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
- 64.83%2025
- 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
- 32.48%2025
- 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
- 28.36%2025
- 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
- 9.21%2025
- 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 PAUL'S CYCLES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 7.78M | 8.46M | 8.62M | 5.73M | 2.08M |
| Total Assets£ | 9.04M | 9.30M | 11.06M | 9.47M | 3.21M |
| Cash in Bank£ | 1.52M | 126.45K | 313.26K | 107.72K | 295.74K |
| Total Liabilities£ | 1.18M | 748.39K | 2.33M | 3.64M | 1.04M |
| Employees | 14 | 16 | 15 | 16 | 16 |
PAUL'S CYCLES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PAUL'S CYCLES LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
PAUL'S CYCLES LIMITED reported net assets of £2.08M for 2025. That compares with £5.73M in 2024, a change of -63.68%.
PAUL'S CYCLES LIMITED reported total assets of £3.21M for 2025. That compares with £9.47M in 2024, a change of -66.08%.
PAUL'S CYCLES LIMITED reported cash in bank of £295.74K for 2025. That compares with £107.72K in 2024, a change of 174.54%.
PAUL'S CYCLES LIMITED reported 16 employees in 2025, compared with 16 in 2024.
Between 2023 and 2025, PAUL'S CYCLES LIMITED's net assets fell by 75.8%, cash in bank fell by 5.6%, total assets fell by 71% and total liabilities fell by 55.3%. Net assets contracted at 50.9% a year across the two years to 2025, from £8.62M to £2.08M. Reported headcount went from 15 in 2023 to 16 in 2025 (+1).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.