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Cycles U.K. Rayleigh Limited

05726986

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

4 CHESTER COURT, BASILDON, SS14 3WR
Incorporated 02/03/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74990
Non-trading company

Officers

Mrs Julia Rita Schofield

secretary · Since 02/03/2006

BRITISH · UNITED KINGDOM · Age 63

Also on 5 other boards

Mr Richard Christopher Schofield

director · Since 02/03/2006

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 6 other boards

Persons with Significant Control

Mrs Julia Rita Schofield

25–50% shares

British · United Kingdom · Age 63

601, London Road, Westcliff-On-Sea, SS0 9PE

Notified 06/04/2016

Mr Richard Christopher Schofield

25–50% shares

British · United Kingdom · Age 60

601, London Road, Westcliff-On-Sea, SS0 9PE

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

HSBC BANK PLC

Created 14/05/2006Registered 16/05/2006Satisfied 27/02/2025

CompanyRankvs 11828+ SIC 74990 peers
47

Financial strength2th percentile among SIC peers · 1/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.02× · 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 strength1/25 pts

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

Employees14/15 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 31/01/2025

Net Worth

-£76k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£534k

Working capital

Current Assets

£10k

Current Liabilities

£544k

Fixed Assets

£459k

Debtors

£10k

2avg. employees+2

People Costs(2024)

Wages & salaries£50k
NI contributions£6k

Balance Sheet

Assets less current liabilities-£76k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.02+£335
20240.02+£750
20230.02+£371
20220.02-£54k
20210.02-£40k
20200.02-£26k
20190.02

Derived from filed accounts. Not audited figures.