Cycle Link (Uk) Limited
06903278
Some Concerns
- Negative net worth (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
unaudited abridged
Next accounts due
30/09/2026
Confirmation statement
Last: 30/06/2025
Due 14/07/2026
Industry
Officers
Persons with Significant Control
Mr Mingwu Wu
Chinese · China · Age 59
Chase Business Centre, 39-41 Chase Side, London, N14 5BP
Notified 06/04/2016
Former PSCs
Mr Mingxi Wu
Ceased 30/06/2021
Charges1 outstanding
BARCLAYS BANK PLC
CompanyRankvs 2703+ SIC 38110 peers30
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/12/2024
Net Worth
-£8.1M
Balance sheet strength
Cash
£22k
Cash in the bank
Net Current Assets
-£13.4M
Working capital
Current Assets
£6.8M
Current Liabilities
£20.2M
Fixed Assets
£5.3M
Debtors
£5.3M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.34 | -£9.7M |
| 2023 | 0.78 | +£1.4M |
| 2022 | 1.17 | -£1.4M |
| 2021 | 3.32 | -£175k |
| 2020 | 4.51 | -£3k |
| 2019 | 7.58 | +£699k |
| 2018 | 1.51 | — |
Derived from filed accounts. Not audited figures.