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Team Cycles (North East) Limited

08447502

active
ltd
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

Studio 11b Second Avenue, Team Valley, Gateshead, NE11 0NF
Incorporated 15/03/2013

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 22/03/2026

Due 05/04/2027

On track

Industry

47640
Retail sale of sports goods, fishing gear, camping goods, boats and bicycles

Officers

Haizhe Huang

director · Since 01/06/2013

Chinese · United Kingdom · Age 43

Barry Wilkinson

director · Since 01/06/2013

British · United Kingdom · Age 62

Former

Richard John Smith

director · Resigned 24/05/2022

Persons with Significant Control

Mr Barry Wilkinson

50–75% shares
50–75% votes
Appoint directors
Significant control

British · United Kingdom · Age 62

Studio 11b, Second Avenue, Gateshead, NE11 0NF

Notified 01/06/2016

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 09/01/2025Registered 14/01/2025

Change History

statusactive
2026-05-05

Active

typeltd
2026-05-05

Private Limited Company

address line1Studio 11b Second Avenue
2026-05-05

STUDIO 11B SECOND AVENUE

post townGateshead
2026-05-05

GATESHEAD

officer appointedHUANG, Haizhe
2026-05-05
officer appointedWILKINSON, Barry
2026-05-05

CompanyRankvs 388+ SIC 47640 peers
74

Financial strength98th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.6× · 16/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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.

Longevity13/15 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 31/12/2024

Net Worth

£793k

Balance sheet strength

Cash

£198k

Cash in the bank

Net Current Assets

£746k

Working capital

Current Assets

£2.0M

Current Liabilities

£1.2M

Fixed Assets

£50k

Debtors

£48k

14avg. employees+2

Tax at Year End

Corp tax£0

Balance Sheet

Assets less current liabilities£796k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.60-£47k
20231.98+£126k
20221.93-£158k
20212.65

Derived from filed accounts. Not audited figures.

Filing History37 filings

Confirmation statement

confirmation statement with no updates

25/03/20263 pages · PDF
Accounts filed

accounts with accounts type total exemption full

29/09/202511 pages · PDF
Confirmation statement

confirmation statement with no updates

28/05/20253 pages · PDF
MR01

mortgage create with deed with charge number charge creation date

14/01/20257 pages · PDF
Accounts filed

accounts with accounts type total exemption full

26/09/202411 pages · PDF
Confirmation statement

confirmation statement with no updates

22/03/20243 pages · PDF
Accounts filed

accounts with accounts type total exemption full

27/09/202312 pages · PDF
Confirmation statement

confirmation statement with updates

30/05/20234 pages · PDF
Accounts filed

accounts with accounts type total exemption full

28/09/202212 pages · PDF
Director resigned

termination director company with name termination date

16/09/20221 page · PDF
Shares cancelled

capital cancellation shares

05/07/20224 pages · PDF
Share buyback

capital return purchase own shares

05/07/20224 pages · PDF
Confirmation statement

confirmation statement with no updates

04/04/20223 pages · PDF
Accounts filed

accounts with accounts type total exemption full

19/08/202110 pages · PDF
Confirmation statement

confirmation statement with no updates

07/07/20213 pages · PDF
Accounts filed

accounts with accounts type total exemption full

09/11/20209 pages · PDF
Confirmation statement

confirmation statement with updates

19/06/20204 pages · PDF
Confirmation statement

confirmation statement with no updates

16/01/20203 pages · PDF
Confirmation statement

confirmation statement with no updates

12/09/20193 pages · PDF
Accounts filed

accounts with accounts type total exemption full

12/07/201910 pages · PDF
Confirmation statement

confirmation statement with no updates

09/11/20183 pages · PDF
Accounts filed

accounts with accounts type total exemption full

13/08/201812 pages · PDF
Confirmation statement

confirmation statement with no updates

27/09/20173 pages · PDF
Accounts filed

accounts with accounts type total exemption full

21/07/201711 pages · PDF
Confirmation statement

confirmation statement with updates

19/09/20165 pages · PDF
Accounts filed

accounts with accounts type total exemption small

30/06/20167 pages · PDF
Annual return

annual return company with made up date full list shareholders

12/10/20156 pages · PDF
Accounts filed

accounts with accounts type total exemption small

06/08/20157 pages · PDF
Annual return

annual return company with made up date full list shareholders

09/09/20145 pages · PDF
Shares allotted

capital allotment shares

04/09/20143 pages · PDF
Accounts filed

accounts with accounts type total exemption small

06/08/20147 pages · PDF
Annual return

annual return company with made up date full list shareholders

14/05/20145 pages · PDF
Accounts date changed

change account reference date company previous shortened

18/03/20141 page · PDF
Director appointed

appoint person director company with name

18/09/20132 pages · PDF
Director appointed

appoint person director company with name

18/09/20132 pages · PDF
Address changed

change registered office address company with date old address

13/09/20131 page · PDF
Incorporated

incorporation company

15/03/201322 pages · PDF