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Inspiral Cycles Ltd

09170331

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

137 NEWGATE STREET, BISHOP AUCKLAND, DL14 7EN
Incorporated 11/08/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

30920
Manufacture of bicycles and invalid carriages
47640
Retail sale of sports goods, fishing gear, camping goods, boats and bicycles

Officers

Mr Gary Christopher Ewing

director · Since 11/08/2014

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 50

Persons with Significant Control

Mr Gary Christopher Ewing

75–100% shares
75–100% votes
Appoint directors

British · England · Age 50

137, Newgate Street, Bishop Auckland, DL14 7EN

Notified 11/08/2016

Former PSCs

Mr Gary Christopher Ewing

Ceased 12/08/2017

Charges2 outstanding

Charge
outstanding

SANTANDER UK PLC AS SECURITY TRUSTEE

Created 22/04/2021Registered 22/04/2021
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 17/05/2019Registered 21/05/2019

CompanyRankvs 139+ SIC 30920 peers
38

Financial strength5th percentile among SIC peers · 1/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.6× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Liquidity6/20 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.

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 31/08/2025

Net Worth

-£154k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£145k

Working capital

Current Assets

£215k

Current Liabilities

£360k

Fixed Assets

£44k

Debtors

£16k

8avg. employees

Balance Sheet

Assets less current liabilities-£101k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.60-£74k
20240.77-£58k
20230.98

Derived from filed accounts. Not audited figures.