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Mike'S Bikes Limited

04926751

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

17 PRENDERGAST, PEMBROKESHIRE, SA61 2PE
Incorporated 09/10/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47789
Other retail sale of new goods in specialised stores

Officers

Mr Mark Rendell

secretary · Since 09/10/2003

BICYCLE RETAILER

BRITISH · WALES · Age 63

Also on 1 other board

Mrs Catherine Louise Rendell

director · Since 09/10/2003

BICYCLE RETAILER

BRITISH · WALES · Age 64

Mr Mark Rendell

director · Since 09/10/2003

BICYCLE RETAILER

BRITISH · WALES · Age 63

Also on 1 other board

Mr Shaun Rendell

director · Since 01/01/2022

RETAIL MANAGER

BRITISH · WALES · Age 41

Persons with Significant Control

Mr Shaun Rendell

25–50% shares
25–50% votes

British · Wales · Age 41

17 Prendergast, Pembrokeshire, SA61 2PE

Notified 01/05/2022

Former PSCs

Mrs Catherine Louise Rendell

Ceased 01/05/2022

Mr Mark Rendell

Ceased 01/05/2022

CompanyRankvs 491+ SIC 47789 peers
84

Financial strength85th percentile among SIC peers · 21/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.98× · 20/20
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 strength21/25 pts

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

Employees13/15 pts

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

Liquidity20/20 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 31/12/2024

Net Worth

£166k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£144k

Working capital

Current Assets

£192k

Current Liabilities

£48k

Fixed Assets

£28k

7avg. employees

Balance Sheet

Assets less current liabilities£172k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20243.98-£2k
20233.41-£7k
20223.04+£26k
20212.32+£46k
20201.52-£73k
20192.71+£4k
20182.49

Derived from filed accounts. Not audited figures.