ITS CYCLING LIMITED

Active
Company number 08583700Private limited companyIncorporated 2013

Key figures

£2,153,931+9.2%
Net assets 2024/25
+9.2%
Average annual growth 2023/24–2024/25
01 m2 m3 m2023/242024/25

† ITS CYCLING LIMITED filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.

Like most small UK companies, ITS CYCLING LIMITED does not publish a profit and loss account in its latest accounts. The figures below come from the balance sheet.

Ratios

2024/25

Sector comparison

SIC 30920

Where the company stands among the 295 active companies whose first SIC code is 30920 (Manufacture of bicycles and invalid carriages).

Net assets£2,153,931
Higher than 93% · median £4,803
Total assets£7,335,552
Higher than 95% · median £42,469
Cash£2,237,260
Higher than 95% · median £26,281
Employees63
Higher than 97% · median 1
Company age13.4 years
Older than 75% · median 7.3 years
Largest in this sector by net assets
  1. AUTOMOTIVE GROUP (NEWCASTLE UPON TYNE) LIMITED£15.1m
  2. TGA MOBILITY LIMITED£4.3m
  3. SUNTECH UK LIMITED£4.1m
  4. CYCLESPORT NORTH LIMITED£3.7m
  5. DELICHON LIMITED£3.3m
  6. ENABLE ACCESS LIMITED£3m
  7. THORN CYCLES LIMITED£2.9m
  8. GOWRINGS MOBILITY GROUP LIMITED£2.8m
  9. WELDTITE MANUFACTURING LIMITED£2.6m
  10. ITS CYCLING LIMITED£2.2m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 295. The line on each bar marks the median.

Summary: ITS CYCLING LIMITED

What kind of company is it?

ITS CYCLING LIMITED is a private limited company registered with Companies House under company number 08583700. It was incorporated on 25 Jun 2013. Its status is active. The registered office is in Horsham (RH13). Its nature of business (SIC 2007) is manufacture of bicycles and invalid carriages (30920), retail sale of sports goods, fishing gear, camping goods, boats and bicycles (47640), other engineering activities (71129).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 30 Sep 2025); the company files group accounts. Net assets were £2,153,931, up 9.2% on the previous year. Cash at bank and in hand was £2,237,260. Total assets were £7,335,552 and total liabilities £4,654,220. The company had an average of 63 employees. Figures are available for 2 financial years (2023/24–2024/25).

How does it compare with similar companies?

Compared with 295 active companies whose first SIC code is 30920: By net assets it ranks higher than 93% of them (median £4,803). By total assets it ranks higher than 95% of them (median £42,469). By cash it ranks higher than 95% of them (median £26,281). By number of employees it ranks higher than 97% of them (median 1). It is older than 75% of them (median age 7.3 years).

Has it received government grants?

It is recorded as the recipient of one central government grant worth £1,948, from HM Revenue & Customs.

What do public registers and reports show?

It appears on the Home Office register of licensed sponsors (Skilled Worker). HMRC lists it as an importer of goods, mainly vehicles, rubber, coated textiles. HMRC lists it as an exporter of goods, mainly vehicles.

Who runs and controls the company?

3 persons with significant control are registered. 3 of 3 registered charges are outstanding.

When are its next filings due?

The next accounts are due by 30 Jun 2027. The next confirmation statement is due by 19 Feb 2027.

Filed accounts2023/24–2024/25
2023/24 †2024/25 †
Turnover18,590,145—
Profit for the year-514,819—
Cash at bank and in hand1,588,4642,237,260
Total assets7,897,6337,335,552
Total liabilities5,480,3634,654,220
Net assets / total equity1,973,2292,153,931
Average number of employees—63

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Government grants

1 grant

ITS CYCLING LIMITED is recorded as the recipient of 1 central government grant, worth £1,948.

Grant
  1. SME Brexit Support FundHM Revenue & Customs · £1,948

From the Government Grants Register published by the Cabinet Office (financial years 2016/17 onwards, Open Government Licence v3.0). It covers grants from central government departments and their agencies where the register states the recipient's company number and the recipient name matches this company; grants from local authorities, lottery distributors and devolved governments are not included.

Registers and licences

Sponsor licence‡
Licence type and rating
Worker (A rating)
Route
Skilled Worker

On the Home Office register of licensed sponsors, which lists organisations licensed to sponsor workers from overseas.

International trade‡

Listed by HMRC as an importer of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: vehicles, rubber, coated textiles, headgear and machinery.

Listed by HMRC as an exporter of goods in 11 of the last 12 months on record, most recently August 2026. Main goods: vehicles.

From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.

Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.

History

6 events
  1. Mr Yu-Shih Chen registered as a person with significant control
  2. Financial year 2024/25 endedAccounts: net assets £2.2m, 63 employees
  3. Financial year 2023/24 endedAccounts: turnover £18.6m, net assets £2m
  4. Mr Peter James Marchment registered as a person with significant control
  5. Mr Thomas Robert Marchment registered as a person with significant control
  6. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.