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Pace Cycles Limited

02388618

active
Private Limited Company
england wales
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

EAGLEHURST, BRIDLINGTON, YO15 2AD
Incorporated 24/05/1989

Compliance

Last accounts

31/08/2025

micro entity

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 30/03/2026

Due 13/04/2027

On track

Industry

30920
Manufacture of bicycles and invalid carriages
55100
Hotels and similar accommodation

Officers

Mrs Catherine Elizabeth Carter

secretary · Since 24/05/1991

BRITISH · ENGLAND · Age 69

Also on 2 other boards

Adrian John Carter

director · Since 24/05/1991

DESIGN CONSULTANT

BRITISH · ENGLAND · Age 71

Mrs Catherine Elizabeth Carter

director · Since 02/12/1998

DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 2 other boards

Persons with Significant Control

Mr Adrian John Carter

50–75% shares
50–75% votes

British · England · Age 71

Eaglehurst, 12 Quay Road, Bridlington, YO15 2AD

Notified 30/03/2017

Mrs Catherine Elizabeth Carter

25–50% shares
25–50% votes

British · England · Age 69

Eaglehurst, 12 Quay Road, Bridlington, YO15 2AD

Notified 30/03/2017

Charges4 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 16/11/2010Registered 26/11/2010
charge
outstanding

ADRIAN JOHN CARTER

Created 22/01/1997Registered 05/02/1997
charge
outstanding

BARCLAYS BANK PLC

Created 22/01/1997Registered 29/01/1997
charge
outstanding

BARCLAYS BANK PLC

Created 02/04/1990Registered 10/04/1990

CompanyRankvs 40+ SIC 30920 peers
65

Financial strength74th percentile among SIC peers · 19/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.52× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength19/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/08/2025

Net Worth

£17k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£49k

Working capital

Current Assets

£143k

Current Liabilities

£94k

Fixed Assets

£3k

2avg. employees-1

Balance Sheet

Assets less current liabilities£52k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.52-£9k
20241.36-£39k
20231.71

Derived from filed accounts. Not audited figures.