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The Ivel Cycle Company Limited

03251060

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

60 MIDLAND ROAD, WELLINGBOROUGH, NN8 1LU
Incorporated 18/09/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47789
Other retail sale of new goods in specialised stores

Officers

Mrs Christine Susan Williams

director · Since 15/10/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 67

Persons with Significant Control

Mrs Christine Susan Williams

75–100% shares

British · England · Age 67

60, Midland Road, Wellingborough, NN8 1LU

Notified 15/10/2018

Former PSCs

Mr John Leslie Williams

Ceased 15/10/2018

CompanyRankvs 4472+ SIC 47789 peers
54

Financial strength72th percentile among SIC peers · 18/25
Employees29th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.1× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

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

Employees4/15 pts

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

Liquidity2/20 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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

£50k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£51k

Working capital

Current Assets

£5k

Current Liabilities

£56k

Fixed Assets

£1k

1avg. employees+1

Balance Sheet

Assets less current liabilities£50k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.10+£7k
20230.15+£4k
20220.22+£543
20210.37-£20k
20200.31-£22k
20190.07-£2k
20180.09

Derived from filed accounts. Not audited figures.