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Avaris Cycling Limited

13847265

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)
  • Negative net worth (-10)

Details

FM HOUSE BENTLEY WOOD WAY, BURNLEY, BB11 5ST
Incorporated 13/01/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Richard Stephen Heys

director · Since 29/03/2022

COMPANY DIRECTOR

ENGLISH · ENGLAND · Age 40

Also on 2 other boards

Persons with Significant Control

Attwood Digital Limited

50–75% shares

Fm House, Bentley Wood Way, Burnley, BB11 5ST

Reg: 12454773 · Companies House · Limited Company

Notified 02/04/2023

Mr Richard Stephen Heys

25–50% shares

English · England · Age 40

Fm House, Bentley Wood Way, Burnley, BB11 5ST

Notified 02/04/2023

Former PSCs

Mr Stephen Heys

Ceased 02/04/2023

CompanyRankvs 95127+ SIC 47910 peers
24

Financial strength1th percentile among SIC peers · 0/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity4/15 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

-£378k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£381k

Working capital

Current Assets

£8k

Current Liabilities

£389k

Fixed Assets

£2k

0avg. employees

Balance Sheet

Assets less current liabilities-£378k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.02-£3k
20230.33

Derived from filed accounts. Not audited figures.