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Summit Cycles Ltd

09099208

active
ltd
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

65 North Parade, Aberystwyth, SY23 2JN
Incorporated 24/06/2014

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 24/06/2025

Due 08/07/2026

On track

Industry

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

Officers

Heather Waring Hayward

director · Since 24/06/2014

British · United Kingdom · Age 52

Rowan Joseph Hayward

director · Since 24/06/2014

British · United Kingdom · Age 55

Former

Mrs Heather Waring Hayward

director · Resigned 24/06/2014

Persons with Significant Control

Mr Rowan Joseph Hayward

25–50% shares
25–50% votes

British · United Kingdom · Age 55

1, Penparcau Road, Aberystwyth, SY23 1BP

Notified 06/04/2016

Mrs Heather Waring Hayward

25–50% shares
25–50% votes

British · United Kingdom · Age 52

1, Penparcau Road, Aberystwyth, SY23 1BP

Notified 06/04/2016

Change History

statusactive
2026-06-06

Active

typeltd
2026-06-06

Private Limited Company

address line165 North Parade
2026-06-06

65 NORTH PARADE

post townAberystwyth
2026-06-06

ABERYSTWYTH

officer appointedHAYWARD, Heather Waring
2026-06-06
officer appointedHAYWARD, Rowan Joseph
2026-06-06

CompanyRankvs 168+ SIC 47640 peers
86

Financial strength96th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.08× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 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.

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.

Longevity12/15 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 28/02/2025

Net Worth

£364k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£246k

Working capital

Current Assets

£475k

Current Liabilities

£228k

Fixed Assets

£156k

Debtors

£120k

18avg. employees-1

Balance Sheet

Assets less current liabilities£403k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20252.08-£252k
20242.78+£5k
20232.65+£194k
20221.76+£202k
20211.23

Derived from filed accounts. Not audited figures.