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Summertown Cycles Ltd

13781689

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

200-202 Banbury Road, Oxford, OX2 7BY
Incorporated 03/12/2021

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 21/05/2026

Due 04/06/2027

On track

Industry

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

Officers

David Aston

director · Since 21/05/2022

British · England · Age 64

Scott Collin Garrett

director · Since 21/05/2022

British · England · Age 61

Former

Stuart Meanwell

director · Resigned 21/05/2022

Persons with Significant Control

Mr Scott Garrett

25–50% shares

British · England · Age 61

200-202, Banbury Road, Oxford, OX2 7BY

Notified 21/05/2022

Mr David Aston

25–50% shares

British · England · Age 64

200-202, Banbury Road, Oxford, OX2 7BY

Notified 21/05/2022

Former PSCs

Mr Stuart Meanwell

Ceased 21/05/2022

Change History

statusactive
2026-06-05

Active

typeltd
2026-06-05

Private Limited Company

address line1200-202 Banbury Road
2026-06-05

200-202 BANBURY ROAD

post townOxford
2026-06-05

OXFORD

officer appointedASTON, David
2026-06-05
officer appointedGARRETT, Scott Collin
2026-06-05

CompanyRankvs 2360+ SIC 47640 peers
56

Financial strength2th percentile among SIC peers · 1/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.68× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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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.

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.

Longevity5/15 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 31/12/2024

Net Worth

-£195k

Balance sheet strength

Cash

£128k

Cash in the bank

Net Current Assets

£200k

Working capital

Current Assets

£254k

Current Liabilities

£54k

Fixed Assets

£67k

Debtors

£11k

13avg. employees-1

Balance Sheet

Intangible assets£19k
Assets less current liabilities£267k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.68-£34k
20243.86-£92k
20236.41

Derived from filed accounts. Not audited figures.