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Paradise Cycles Limited

08826887

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

40 CRADOC ROAD, BRECON, LD3 9LH
Incorporated 30/12/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47640
Retail sale of sports goods, fishing gear, camping goods, boats and bicycles
96090
Other personal service activities

Officers

Mr James Peter Johnson

director · Since 30/12/2013

DIRECTOR

BRITISH · WALES · Age 36

Mr Louis John Wigston

director · Since 16/08/2021

MANAGER

BRITISH · ENGLAND · Age 36

Persons with Significant Control

Mr James Peter Johnson

25–50% shares
25–50% votes
Appoint directors

British · Wales · Age 36

40, Cradoc Road, Brecon, LD3 9LH

Notified 30/12/2016

Mr Louis John Wigston

25–50% shares
25–50% votes
Appoint directors

British · England · Age 36

40, Cradoc Road, Brecon, LD3 9LH

Notified 09/04/2020

CompanyRankvs 245+ SIC 47640 peers
84

Financial strength87th percentile among SIC peers · 22/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.39× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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245Paradise Cycles Limited
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How is this score calculated?
Financial strength22/25 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.

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.

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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£68k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£95k

Working capital

Current Assets

£126k

Current Liabilities

£37k

Fixed Assets

£4k

6avg. employees-1

Balance Sheet

Assets less current liabilities£99k
Signed by Mr James Johnson 17 December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.39+£206
20244.70-£25k
20236.37—

Derived from filed accounts. Not audited figures.