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Fairlight Cycles Limited

09483569

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

KOSTEAS COTTAGE, FLORENTIA CLOTHING VILLAGE, LONDON, N4 1TD
Incorporated 11/03/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

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

Officers

Mr Jonathan Reid

secretary · Since 11/03/2015

Also on 3 other boards

Mr Jonathan Reid

director · Since 11/03/2015

SWIFT CYCLES LIMITED

BRITISH · ENGLAND · Age 51

Also on 3 other boards

Mr Dominic Thomas

director · Since 11/03/2015

BICYCLE DESIGNER

BRITISH · ENGLAND · Age 45

Persons with Significant Control

Fairlight Cycles Holdings Limited

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

8, Strype Street, London, E1 7LF

Notified 30/06/2018

Former PSCs

Mr Jonathan Reid

Ceased 30/06/2018

CompanyRankvs 207+ SIC 47640 peers
85

Financial strength98th percentile among SIC peers · 25/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.66× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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207Fairlight Cycles Limited
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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.

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.

Longevity11/15 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 30/09/2024

Net Worth

£977k

Balance sheet strength

Cash

£688k

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£1.6M

Current Liabilities

£612k

Fixed Assets

£10k

Debtors

£387k

7avg. employees-1

Tax at Year End

Corp tax£103k

Balance Sheet

Intangible assets£5
Bank loans & overdrafts£55k
Assets less current liabilities£1.0M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20242.66+£306k
20232.94+£347k
20221.82+£178k
20211.54+£21k
20201.73+£66k
20191.23+£72k
20180.94—

Derived from filed accounts. Not audited figures.