Cycle Solutions (Cycle To Work) Limited
Active05860892Wholesale & retailIncorporated 28 Jun 2006 · Swansea
The company's principal activity during the year continued to be a provider of cycle & related safety equipment to employers under the Cycle to Work Scheme, along with a cycle retailer operating online and with retail shops.
Revenue
£28.8m
▲ +1.5% vs prior ~12m period
Profit after tax
£623k
Margin 4.3%
Employees
72
▲ +1.4% vs prior ~12m period
Net assets
£3.3m
Total assets £10.5m
Financial history
Revenue by accounting period
5 periods available · ▲ growth ▼ decline
Aug 2020Not available
Aug 2021
£19.2m
Aug 2022
£21.1m▲ +10.1%
Aug 2023
£28.4m▲ +34.5%
Aug 2024
£28.8m▲ +1.5%
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Aug 2024 | £28.8m | ▲ +1.5% | £852k | 72 | £3.3m |
| 31 Aug 2023 | £28.4m | ▲ +34.5% | £1.2m | 71 | £3.0m |
| 31 Aug 2022 | £21.1m | ▲ +10.1% | £1.1m | 63 | £2.2m |
| 31 Aug 2021 | £19.2m | — | £1.3m | 56 | £1.6m |
| 31 Aug 2020 | — | — | — | — | £870k |
Latest available figures
Period ending 31 Aug 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
These are the most recent accounts available to us; more recent accounts may exist at Companies House.
Profit & loss
- Revenue
- £28.8m
- Gross profit
- £5.9m
- Operating profit
- £1.2m
- Profit before tax
- £852k
- Profit after tax
- £623k
Balance sheet
- Total assets
- £10.5m
- Cash
- £191k
- Total liabilities
- £7.1m
- Net assets
- £3.3m
- Revenue per employee
- £400k
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